So I’m at a smaller boutique firm where we are super informal with most of the way we do things. I was speaking with my boss yesterday about my next steps and he threw in the convo “I think a great next step for you is moving into a senior consultant role” but we didn’t go too deep into details bc we have EOY meetings coming up. I’m an analyst rn 3 YOE. What’s that jump going to be like? What type of compensation do you think I could be looking forward to? Excited and ready for it but curious.

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Role & responsibility. salary, etc. are all super firm specific (esp. for small boutiques). Maybe someone can tell you something if say where you are but probably need to ask someone at your firm.

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A superior saying a "great next step for you" is pretty unclear, do you think he's trying to say that you're also ready for that next step? Clearly, if that's the progression, then that would be your next step, but being ready for the next step is entirely different.

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I guess that’s what he could be saying. Or at least like “we think you’re ready, do YOU think you’re ready?” Which is a definite yes.

I come from one of those places and sad to say, all it matters is the money you bring in no matter how family like it is. There is probably no defined promotion track, it is all handled a bit arbitrarily which really annoyed me.
If I were in your shoes I'd follow up with an email, harder to ignore and let them know that you would like to talk more about that trajectory, and expectations, future responsibilities blabla.
Transparency is key otherwise you don't know where you are going.
My background: was SC for so long that I never got the manager tasks I needed to switch firms and enter M level, relearning a lot now

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I’ve been at a similar firm. Is the regular career progression Analyst -> Senior Consultant? Sounds strange. Anyways, we usually had ~20% increase in salary for each step + increasing bonus multiple

Yeah there’s no real path. The beauty of it is you kind of can create your own lane, you just have to execute. But it seemed like they may have been wanting me to specialize and carve out my own niche.

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