Simon Kucher & Partners Simon-Kucher & Partners fish, are you happy with your comp? Do you think leadership will continue to raise it as they have recently?

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Pretty happy, yes.

I do think we will continue to raise compensation in the coming years but don’t see complete parity with MBB/T2 occurring.

The gap ranges 5-15% depending on level/other firm. Tends to be more at lower ranks which is where we see more people lateral to MBB. Haven’t seen many lateral to T2 for whatever reason. At the more senior levels, the quicker path to parter incentivizes people to stay vs hopping to another consulting firm. In general our WLB tends to be much better than a lot of other firms as well so that keeps people around. Really just a trade off for what you’re looking for.

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