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Ex-ACN, Deloitte, Cap and EY here, now at Slalom for a few years. We’ve hired Accenture SMs anywhere between SC and Senior Principal. The models are very different. At Accenture, an SM is generally 10 years in, largely running ~$2M projects that were probably sold with vast amounts of help. A Senior Principal at Slalom is, in many cases, someone that finds new leads, nurtures them, leads the pursuit, wins it, and then delivers it. S/he is doing that constantly on new pursuits, while also running 2-3 $300k projects in parallel. It takes some runway to adjust from small fish in a big pond to big fish in a small one. To give you an idea of the difference at the top of the model, a new Slalom MD is responsible for $20M worth of business (sales and delivery) and an Accenture or Deloitte new MD (I’ve been at both) is responsible for $6M-$7.5M. For context, at Slalom, under MD is Sr.D ($12.5M), D ($5M), Sr.P ($2.5M) and P ($1M)
Yeah, the $6M was for Deloitte and the $7.5M was for Accenture. And yes, the pay bands are very very wide...
They just changed it around, it's now basically:
Analyst > consultant > senior consultant > principal > senior principal > director > senior director > managing director > general manager.
There's a split starting at senior principal up to and including senior director where there's sales and delivery track with different bonus and evaluation structure
I think this makes SM at Accenture something like director at Slalom
Good reply from SC3, though like everything at Slalom, it varies a bit by geography. Newly promoted Senior Managers at other shops are usual principal to sr principal. Experienced SM are sr principal to ...maybe Director, but the director role has a lot of team metric based expectations that we like to have new hires grow into if they haven't been in a highly measured/leveraged role before.
Sr principal/principal. Sr has a 60% utilization target and large sales target. Principal has an 80% utilization with about half the sales target.
Also can go a delivery track which is more focused on expanding projects
I would make sure that you are coming in at Principal or above, and would not expect quick advancement.
Why do you say that? There are many stories of rapid advancement , including all the way to GM
Q for the Slalom folks who replied - what is the compensation range and structure(s) for Sr Principal, D and MD at Slalom? That might provide a sense of how the roles map too.
Like everything in consulting, and just like at every other firm, it depends. City, practice, level of technical skill, years of expertise and market need will fetch you a higher or a lower salary. You don’t move to Slalom for the big payday, but for the opportunity to be treated like a human, and not like a money-printing bot (IMO). That being said, you can expect some moderate comp increase over what you’re making now if you make the jump...
What's the range for a Principal, Snr Principal, or Director in the Austin market? Tech aligned