Senior 2 strategy - I'm getting ripped off because I didn't negotiate my entry salary as an experienced hire. Will I ever get my bargaining power back and recover the salary gap I have with my peers?

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Definitely going to most likely have to make the jump. Made the same mistake previously at Accenture, realized I was 20k under my lowest-paid peers with commiserate experience, asked for it a year in and was basically laughed at, switched to D and got that and some.

like

From my understanding it will take a couple of salary reviews to fix.. not just one. So the question there is if you value your current company (people, projects, development, whatever) enough to be underpaid for a couple years. I could be wrong

like
Recent IconRecent

They will tell you that you will, but let's be honest, you will not

like

Switch to pwc or D

like

You're getting ripped off because of your poor negotiation skills?

I do not think you used that term correctly.

like

I don't think $90k for a Senior 1 is thaaaat underpaid.

like

There is no long run in consulting ...people rotates like crazy

like

No, not unless you have a very vocal sponsor arguing on your behalf

like

Accenture just adjusted all our salaries into more fair bands with fixed and publicized ranges for each level. I expect the other consultancies will follow soon

like

I was like that when I joined Accenture, when I got promoted they gave me a big lift into the new band $40k rather than the $20-30k everyone else was getting. Now I'm aligned with my peers at the new level. But don't know if it is the norm to be so lucky, the MD who was making the decisions in my business group knew me well and didn't want me to walk.

like

U will have to jump or at least get another offer. That's the only way.

like

Long run shong run nonsense.

like

90k as a senior in SF? Way underpaid. Start looking to jump to another firm at the year mark.

like

Threaten to leave. Ballsy, but if you can back it up it costs nothing for the firm to grant you the extra $40-$50k. Downside is minimal (you're find a new job at any of the big four)

like

One way is to become a great asset to leadership and bring it up to them when you have a new offer for a bargaining chip

like

Just switch ...its all the same ...just different name

like

I like my team though, I wish I didnt have to leave for a salary fix. Leadership keeps on saying : don't focus on the salary so much, it will all equalize itself in the long run.

Still can't help feeling undervalued because of it.

like

OP I'm in the exact same boat. Don't want to switch firms but i can't ignore being paid below market.

like

A4 your career counselor has the bands for your DTE. They were also published alongside all comp decisions in Dec.

like

EY is the master of low balling. Go find another opportunity.

like

Related Posts

Starting salary for senior in accounting advisory out of NYC (EY FAAS/Deloitte Accounting and Reporting advisory)? Just got an offer for both

like

10 years in the company where I started, working my way up from jr. analyst to present Manager M2 - Market and Tech Insights (5 levels), handling 2 major global tech/consulting clients. Next level is Sr. Manager.

I'm at Kolkata. Started off with 1.8LPA, currently around 11LPA. BTech+MBA. Always get scores of 4 out of 5 (exceeds expectations) KRA YoY and pointless praises about how well I managed projects, yada yada. I get good work-life balance.

Is this fair pay or am I exploited?

like

Hi Guys,

Can I get some refferal for Cloud Automation fields : VCenter, Powershell, Azure...
Application Development : .net , C#, javascript, html, css...

Currently I am on notice period. With total experience of 3 years 10 months.

Also please give some idea of what CTC should I expect....

like

I finally got a raise (after 10 years) from 45k to 50k with less than 10k in incentives while others who are just starting at lower positions make more than me..I want to bring this up but don’t want to come off in a bad way considering they finally gave me a raise this year.

like

Interview lined up with Flipkart for business finance manager role what's the salary band in this role. Am a qualified CA currently working with swiggy YOE:3.5 Flipkart Swiggy

Hello everyone
Just wanted to generally understand what is the average salary in the field of sustainability. I am working as a green building certifier and ESG consultant for one of the firm with package of 5,20,000 LPA with exp, of 2.5 years.

like

What salary to expect with TCS HR for 2.9 YOE in plsql development.
CCTC-3.2LPA
Offer in hand-6.3LPA

like
funny
like

Hello Fishes, is 15 LPA a reasonable compensation for Machine learning engineer (python, c++, computer vision and deep learning ) with 2 years of experience, current working for a product based company. If not what is the current industry standard. I keep seeing people posting 30+ LPA for data science roles with 3+ yoe.

like
like

Lower middle market bros. What’a your comp structure? I will share:
100k$ + 60k$ discretionary bonus

like

Does anyone here work at Globaldata? What’s your role? How much do you make? And how was the interview process?

likefunny

Does anyone know if this is normal? I joined a vault 100 firm in September last year. The firm put me on tier 7. In January I had the associate review and everything was normal. After a couple of weeks, I got the call from the hiring partner telling my bonus and new salary (because of the firm-wide salary increase). I realized I still get paid as a 7 year associate. The partner said because I joined the firm later in the year, it’s normal not to advance in the next year. Is it? Thanks!

like

Hey guys I’m trying to figure out the market rate for a staff tax accounting position as I am new to the industry. I am looking in Long Island New York any help would be great. Looking to start at a mid sized firm.

like

Too Late To Ask for Sign On Bonus?

Received an offer yesterday and was not offered sign on bonus, however I just remember I need to pay back a portion of my EY sign on bonus...Is it too late to bring it up and ask for a sign on bonus now?

Any experience with GRC practice within the Big4? If so, which one would be the better choice as far as maturity & pay?

like

I cleared technical round and during final call with HR, my salary expectations were higher as per HR.

My current CTC is 9lpa, skill-IAM and Java, YOE-3. I asked for 14lpa, best they could give was 11lpa. I know I asked a lot.

She didn't care to negotiate and cut my call and now they put my candidature on hold. Can I expect call back? Or i can consider myself rejected?

like

More Posts

Hey Fam, I am trying to come-up with the carrying cost for different DCs however I am lost went comes to the average inventory, do we take into account the average inventory at a specific point and time or do we have to annualized the inventory since all other cost are annual cost? Thoughts

like

Hi Everyone,

Product Sales Manager professional,having 6 years of experience in managing exporters & Importers portfolio (Trade Asset & Forex) in Banking industry and 2years of experience in Capital Market as an Assistant Manager Professional in broking Industry.I am looking for better opportunity.

like

Hey ,I applied 3 weeks ago to Bank of America with a decent resume and referral. But still did not heard back.Need a human eye who is willing to check my application and help me moving to the next step?@BankofAmerica

like

I’m a junior full-stack developer. What job titles should I be looking at where I can use my skills?

like

Hi fishies! Considering an internal big 4 move from Western Europe to Dubai. Not sure about WLB and whether there’ll be enough growth and learning opportunities after reading some of the threads here. Anyone up for sharing their experience? Especially concerned about sexism / racism as a WOC…and whether moving back to Europe in a few years will be difficult because the ME experience won’t be considered valuable.

like
like

Given the possibility of the recession around the corner, is it wise to quit a consulting job and move to industry/product companies?

like

I am an Audit S1 that wants to work in a B4 Forensics practice. Would it be best for me to accept an offer in Forensics at a much smaller firm (local, 150ish total employees) to gain experience and then try to move to B4 Forensics? Or should I stay in Audit and wait for B4 Forensics positions to open up? Please let me know your thoughts!

like
like

What is BMW thinking??

Post Photo

Pulaski was my favorite TNG doctor. Do you guys have a favorite?

Post Photo
like

Hi fishes, Had discussion with TCS HR and he told he need to take approval for 21.5LPA as my current CTC is already on an higher level, My YOE is 7+ now , Will they offer me 21.5 lpa? Does the approval take place in TCS or just HR is ghosting me ?

like

I was asked by a top consulting company to potentially start a new service line of business. It would lead to a very senior role(maybe partner). The discussion started in Feb. I’ve met with many people, performed lots of research, presentations, etc. several discussions with senior leadership with enthusiastic support. How do I close this? It’s gone on so long.

like

Does anyone have any suggestions for business writing courses?

like

Looking to relocate to the Las Vegas area and trying to get a feel for what pay would be for a dialysis technician with 10years experience.

like

Additional Posts in Consulting

What do you think it takes for a PPD to get a utilization bearing WBS for proposal work? I know it is rare...

like

anyone leave consulting to do something radically different and loved it?

like

In the future I hope to start a microfinancing institution in my country (developing country).

As I’m getting work exp for now, would working at PE get me the relevant exposure or skillset...(cont’d)

like

Could anyone who works in PwC’s Deal Analytics, Strategy share some thoughts on the practice? How do you like what you do? What’s your typical work hours? Etc. Thank you very much for any inputs and thoughts!

like

Any book recommendations for someone looking to get into a Product Owner / Manager role?

like

Easier to fake it in industry or consulting? (I'm actually pretty knowledgeable but feeling imposter syndrome)

like

Lots of us are skilled at delivery but most sales books seem to focus on the pitch and closing... What are your best resources for learning to develop and nurture strong, lasting client relationships?

like

Hello fish, I’m currently a Partner with 25 years experience. My work life balance sucks. I don’t make nearly as much as I think I should. On my 2nd marriage and now living sober. How am I doing?

like

Any thoughts on SBI growth advisory? What kinds of projects do they have, culture and etc

like

What's the Senior Analyst range at Accenture for Strategy Consulting, Federal Services?

like

Just got on a new project and I have no idea what I’m doing. I’ve been asked to lead a group of developers that are older than me and I feel anxious. Leadership has given me full reigns on project planning and managing my team. Didn’t know I would get this role so early as I’ve always been led. I also feel anxious as I’m the only young person on the team. How does one cope?

like

Anyone here work for Home Depot on the tech side? Looking for a referral.

like

Bain fish, does anyone know how utilization in North America is trending for this year?

like

Any advice on how to switch from big 4 to tier 1 consulting firms like BCG and MCK?

like

What is the equivalent role at Mercer for Associate Director Willis Towers Watson? Principal? What is the bonus target for Associate Director?

like

Best business-oriented, but novel-style books with good writing, style, & interesting characters? Not really self-help/advise focused, more of actual literature with business themes/plots. Any recs?

like
like

How rare is it for a consulting firm to hire someone who doesn't want to relocate to one of their offices but can still travel to clients? Interested in a firm that doesn't have an office in my city

like

How is EY people advisory services in terms of variety of work, compensation, and professional development? Received offer but not sure if I should keep trying for strategy consulting. How is this practice different from EY Consulting?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal