{ "media_type": "text", "post_content": "Thank you for doing this Greg! What is the rationale for having our BA/SBA base salary much lower than competitors? Most juniors I know with multiple offers took a pay cut to come to ATK (cont.)", "post_id": "5b8fc21f6b14b30013755e83", "reply_count": 3, "vote_count": 4, "bowl_id": "5b89d9893d9eab0013dde41c", "bowl_name": "Q&A with Greg Portell", "feed_type": "bowl" }

Thank you for doing this Greg! What is the rationale for having our BA/SBA base salary much lower than competitors? Most juniors I know with multiple offers took a pay cut to come to ATK (cont.)

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

a clarification and some perspective. we benchmark regularly on total comp. that information is reviewed every year or so. in the past, the results have triggered adjustments. in the US, the latest installment due shortly. i don’t have visibility to timing in ROW. at least in the US, there isn’t much junior attrition to other consulting firms. yes, it happens but most of that head hunting activity is at the senior level. plus paying above market (at anything that is sustainable) hasn’t shown to be effective in recruiting. in the end, we all took the atk offer and are still here. if money is the sole determinant, there are better options to pursue. that said, expect an adjustment on a total comp basis if the benchmarking supports the case.

like

From a perspective outside of leadership it seems like the cost of making salaries competitive (10K-20K per junior consultant) are relatively low, while the benefits (ensuring that we have the best junior folks we possibly can, avoiding attrition and loss of top talent in the junior ranks) would have a lasting impact throughout the firm for years

From a perspective outside of leadership it seems like the cost of making salaries competitive (10-20K per junior consultant) are relatively low, while the benefits (ensuring that we have the best junior folks we possibly can, avoiding attrition and loss of top talent in the junior ranks) would have a lasting impact throughout the firm for years

Related Posts

Just want to see something...how old are you and how much do you make? I’m 24 and make about 60k, and I feel like I see people my age making 6 figures already and tbh it’s very discouraging. I am hoping to get there one day

likehelpful

Anyone else having a difficult time hiring? We have been looking for a customer service / admin assistant for several months with no luck. Half of the applicants haven’t shown up for interviews. We are offering full benefits and $20/hour. We are in the medical aesthetic profession, which is super popular in most cases. Thoughts or suggestions?

likehelpful

Hi! I interviewed for an HRBP position and the interview process lasted 6 weeks. I met with several people within the company. I provided my salary range in my initial interview and it was in range. I was provided a verbal offer and it was at the bottom of my range. I negotiated a sign on bonus and then the hiring manager said they wanted to down grade the position to a AHRBP with the same salary and sign on. The in house Recruiter called last week that the base will now be 15k less. Thoughts?

like

For those 25 year olds making 160k or other high salaries...how?

like

Comp question. What is fair Comp for someone switching from T2 strategy (3.5 YOE) to strategy manager at FAANG?

like

TCS announced they are going to offer 7 LPA package for freshers. Does EY GDS has any thoughts of revising the packages to match current market trend? I am new to EY GDS, so looking for your suggestions To offer compensation revision, do we need to have an offer in hand or in general when do they revise package? Bcoz once we have an better offer in hand, after that's if manager says we will match offer that does int make sense to me, bcoz we would be more interested in new job

like
like

What is maximum fixed salary you have seen at Accenture at Level 10 ?

like

What is the salary range for SC at deloitte Los Angeles? Deloitte Advisory’s Valuation and Capital Projects practice.

like

Standard in house salary for going in house as 6th year associate after big law? Type of company and amount would be greatly appreciated!

like

What’s the average salary for first year transfer pricing analysts in USDC? I heard USDC pays lower but when I saw my offer letter it’s really shocking. I want to negotiate my salary Monday, I’m a little shy about it but I’m gonna ask the recruiter... it’s only 47,500. I was expecting 60,000-65,000 or at least 60k... how appropriate is it to negotiate higher salary? Do you think I’d lose the offer?

like

what’s the salary range for an art supervisor?

like

In your experience, how accurate has the Robert Half Salary Guide been? Small law in LCOL area. Fourth year associate trying to figure out appropriate salary range. I’ve heard the 1/3 of your billable time value as well? Any guidance appreciated.

like

If I’m coming in at the Consultant level, what would be the estimated salary and total comp range now that non-mba Consultants won’t be getting 170k anymore? What can I negotiate?

like

My kid has a 3.0 in high school and is stressing out about grades not being good enough. Please share stories if you were in a similar boat. Which college did you go to? Have you been successful in life?

like

🐟 any suggestions on next move? Have offers from following 1) Deloitte - 175K 2) PwC - 160K 3) EY - 165K Role - M , HCOL, PAM/IAM. Which one to go with? D has better comp but not sure how WLB is ?

likehelpful

What was your first in-hand salary(per month)? And how far along have you come?

likeuplifting
likeupliftinghelpful

Hi Fishes--what would be in hand salary in WIPRO for 26LPA..considering 15% variable as well.. Usually how much they pay from variable.

like

Comp is my goal. Deloitte strategy and analytics consultant. Been here 1.5 years.. already have an mba. Feeling a bit aimless. Where should I go next?

likehelpfulfunny

Additional Posts

Still not seeing location in the post window when turning it off.

My friend is a “pool consultant” ... and insists we are both “consultants” ... not looking for advice, just frustrating dealing with idiots.

likefunny

New senior flies in a day late, busts into the room with no apologies, and tells me (the only minority & female in the room) that I should get the coffee before the manager comes. I'm the manager. 😏

like

Uber driver asked me to wear my seat belt in the backseat. When I responded with a nah I'm ok, she goes on to say - "I can't drive without you being strapped". Seriously wtf! Happened to anyone else?

like

When you sit down to read new kickoff material for the first time and you don't know what the hell it all means.

like

What's the best suburb outside a large city? Boulder, Bethesda, Evanston?

like

When you meet junior people from your own firm, and they ask in the most condescending way possible "so, what firm do you work for..."

like

Living Sunday with no regard for the horrifying Monday morning flight wake up. Worst moment of my week

like

When the VP of Technology leaves in the middle of your post merger integration project ✌🏽

like

Differences between Accenture and Deloitte? They seem to be the same. Go.

like

Is spring/summer a good time to get hired as an experienced hire for Big 4?

like

My family is on my health plan and it’s open enrollment. Spouse is currently on leave and their federal health plan open enrollment is early next year. Is it possible to enroll us and our child on my health plan and then switch to spouse’s plan during their open enrollment? Also, typically are fed health plans that much better than private for families with one child?

like

Still don't know whether I am starting a project on Monday...

like

Salary progression . Year 1, 66k, Year 2 - 73k, year 3 -85, year 4 - 100k. Is 100k being underpaid for a senior associate in technology consulting ?

like

when your uber driver doesn't help you with your bags. at. all. #2stars

like

Anyone ever have luck getting united to bump you up to higher status? I flew 56k miles but only spent $5k and am hoping to get the bump to gold

like

For those of you who like being local, is it because your commute is < 1 hr? I wouldn’t mind local if I actually got home at a normal time instead of working the same hours as travelers...

like

Do we really work in a corporate world whr ppl with power decide in 30 mins of conversation with u to promote or not?only If u bend enough for thm, then you grow. Smart or hard work is not enough.Sad reality.

likehelpful

How do you tell your manager that even though you're on the same 7am flight, you had to wake up at 4am to get here and your prefer not to discuss work until you land 😴

like

What's the best firm for consulting work in the NGO/ charitable sectors (e.g. consulting that does impactful work to help developing countries etc)? Doesn't have to be all work in this sector but some

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal