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Management has this category of pay all messed up and they do nothing to correct it. The pay band gets super choppy when it comes to MBA hire SC's and 1st/2nd year non MBA managers...they would rather overpay a target school MBA with little or no consulting experience and underpay a non MBA manager that has proven themselves.
Let them get snagged then lol. Most of them are garbage anyways. They work for 2-3 years then take 2 years off to go dick around at college again. Ppl who come up through the ranks are way more impactful than the MBA hires getting paid more with half as much experience. And before anybody calls me out..I have an MBA.
So then go get your MBA assenture1
Yeah same case at ACN, it's so stupid. Half the MBAs do is travel and party for 2 years and all of a sudden they get their MBA and bloated salary even tho u have way more experience? Doesn't make any sense
Spend 150k plus interest to make 150k? Na...I'm good. I jus don't agree with the system
Doesn't even matter if you have MBA at Deloitte. Example you could have your MBA as a M1 but if you don't come in during the recruiting cycle at a target school you will be paid less than 1st year MBA SCs
Interesting - so MBA grads are just paid more through the first couple years of M at least. Agree that it doesn't make sense. What do you mean choppy pay band?
I'm at that rate and mine was only $75k
It overlaps. I know of first year managers making less than new hire MBA SCs with half as much experience. I also know of a 2nd year M who just cracked 150k this year despite being a top performer.
It's not necessarily fair or unfair because it's more a function of supply and demand for MBAs. If they don't overbid they'll get snagged up by everyone else
Are you in Strategy? These are the numbers from last December. Please check your facts.
I am not in strategy, but are they doing this across the firm? This is what I know is going on in my side
Interesting
Accenture 1 is incorrect. All M's in Strategy make the same base as other M's with same years at level whether or not they have an MBA. The difference is C3 and C4 where the pay is different between MBA and non-MBA.
But what do MBA managers make that come in from grad school as a SC?
~175k
MBAs who just joined are at 145 and no MBA C3 at 120 and C4 at 130. All M1s at 160k
This is Strategy only. I don't know other groups.
I don't see acn giving managers a 30k raise. It's usually a 15% increase
MBA is the way to go :) No question about it.