Related Posts
What is the culture like, type of work and reputation of Capco in the Data & Analytics space?
I have some good ex colleagues who moved over there and also looked up on LinkedIn and see lots of seemingly smart and accomplished people in their D&A team in the UK.
I'll ask my ex colleagues too, but wanted to see if people here have any opinion or information on this too.
TIA
More Posts
Situation true for most of us now a days...
Pwc ke fyde in this comment thread!!
Hello everyone!
Can anyone please explain the promotion process followed here and specially at LCCI? If there's any minimum criteria like X no of years in a particular level, etc. followed while checking eligibility of an employee?
And also - what's the hike/increment range usually at the time of promotion?
Eli Lilly and Company.
Any leads would be highly helpful.
Thank you!
Hi fishes,
Anyone joined coforge recently? Any reviews for the same? Is it worth to join this organisation? They told me they are hiring for Santander bank account but still be having client interview before onboarding to project. Any idea on this account? Is it tough to crack client interview over there? Don't want to face long bench hours like it used to be in Publicis sapient which led to brutal lay off. Kinda sceptical to join as it is giving me Publicis sapient vibes.Coforge Coforge ltd
Additional Posts in Compensation in Consulting
Rising Star
Deloitte MBA manager salary? S&A
KMPG 🐠 Senior Associate, NYC
New to Fishbowl?
unlock all discussions on Fishbowl.
S& as of now- 150k base + 20% bonus for SA1, all in 180k
Parthenon-170k base + 8-10k bonus,all in ~180k.
If you have a non S& deals offer, make your decision based on what you would like to do. Parthoenon focuses on DD and as such they have close to zero travel, this is similar to our deals strategy role. If your offer is for corp business/ops strategy, you would travel more than 80% of the time and do a variety of projects including DD work.
If you want to take potential pay increase into account, there is a chance we match BCG and revised comp would be
165k base + 20% bonus, all in 198 for an SA1.
I would not assume S& is less comp than Parthenon. S& Leadership’s statements to date have been that “Historically our comp has been competitive with MBB. That commitment has not changed.” The Parthenon comp is high base and low bonus for the post MBA staff level (assume 2-3 years). Other strategy consultancies pay slightly lower bases than Parthenon with higher bonus which, over the life of 2-3 years at the post MBA staff level, is higher total comp than Parthenon. This concept isn’t complicated.
SC1 knows absolutely nothing about PwC’s Deals platform.
Let me educate you.
DDV (PwC) has two types of work: (1) pre-deal diligence and (2) integrations and divestitures. They work for both PE and corporate clients. Diligence is limited to carve-out diligence (i.e., what is the cost baseline for NewCo), high-level IT diligence and the occasional operational diligence. Integration and divestiture work can range from PMO to functional specific (e.g., helping the IT division of a company figure out what their five year roadmap looks like after a merger). Their projects have significant exposure to top executive leadership.
Deals Strategy (S&) provides the typical MBB offering of commercial due diligence and search and screens. Team holds a lot of interviews with industry experts through GLG, Coleman, etc., gets smart fast, does some analysis and then reports out. Analysis includes market sizing (total and addressable), customer segmentation, customer identification, strengths/weaknesses of competitors, market shares by product and player, future market trends, geographical differences in each of these, potential disruptors and threats, key purchasing criteria of customers, customer journey, pricing, key drivers of revenue, achievability of business plan, etc. There’s a lot to learn, break down, and build a perspective on in 2-4 weeks.
The S& PEVC (Private Equity Value Creation) team provides both pre-deal diligence and post-deal execution support exclusively to private equity clients and portfolio companies. Pre-deal diligence includes operational (e.g, cost savings, plant sustainability, scaleability), synergy, technology (e.g., value of a patent / technology), etc. Post-deal work is focused on execution, assessing and capturing value identified in pre-deal stages.
SC1 - That sounds about right. S& in general had grown to be too big about a year ago, so DDV and the other MC groups absorbed some of the resources. One-time thing during the resizing effort and definitely a bad situation.
Historically, all in, Parthenon total comp has been the same as other comparable forms, including S&. Comp is changing in the industry; S& hasn’t moved yet, not sure about Parthenon, but assume all in they will be equivalent to each other and their peers come your start date.
The higher base at Parthenon has always been their gimmick. I wouldn’t make this a decision factor. Focus on the nature of the work and the people you encounter.
Our deals strategy team does some really interesting work. Deals are hard, but if you’re looking to grow it’s a good place to be.
I’m in FS, in 4 years I’ve only one one deal because the target required slightly more specialized knowledge. Deals work is fairly rare outside of deals.
Figure out which culture is best. Pick that one. If S& offer is deals strategy run fast, very fast to Parthenon - has a terrible reputation and have never known anyone to like the people in DS.
I’ve heard the exact opposite consistently.
I know a lot of deals strategy folks, very nice people.They do work banking like hours but get paid strategy consulting dollars.
Hmm I’d ask fishbowl what are the communicates bonus ranges for the level you’ve been offered. Usually the median of those bonus payouts are closer to the bottom 3rd of the curve
Parth targets the same total comp. they use a high base, low bonus to make that happen. Look at managementconsulted. It also sounds like parth has not changed in a few yrs.
Management consulted only shows you first year comp. I’m planning on staying longer than that.
OP you sound like you're over thinking this. Pay progression is very similar. Put your supply and demand hat on and think about it.
Also don’t forget to check Glassdoor and search through here for any other reviews for both firms
Echo what someone above said If it is deals strategy then run far unless you want to work banker hours with consultant pay. Also S& deals and DDV (legacy PwC deals team) don’t play along. If it is non deals work then consider it. If it is deals then run far.