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I'm curious what the average salary is for an Associate Agent. I'm licensed & do everything after the sale is made as well as refer new business. I have 14 years in the industry but have been at the current company less than a year, so I know that plays a part as well. Anyone in a like-position by chance?State Farm Allstate Travelers
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I don’t understand what would drive a US MBB salary hike in this environment.
Yeah, you would have to straight up not understand anything about business to think this is on the table.
Would be very interesting timing for salary hike, on multiple. Seems quite unrealistic unless there’s some specific catalyst I haven’t heard of
BCG said not happening until others raise, will not be first movers this time
Would be shocked if anyone raises salaries
Makes sense. Thought one might be coming in the next 1-2 years since it’s been a while (last hike was 2022 I think?) and Bain/BCG are actively recruiting laterals so I thought the market might be heating up. Might’ve dreamed too high lol.
I think it was wishful thinking, not rumors of it happening. The last hike was driven by a fight for talent. There is plenty of talent available, so no need for a starting salary hike. Hiring of laterals is more a sign of a gap from too many “ leaving” in one segment of the pyramid, or individual office specific need, not a global shortage or worker bees for the jobs sold. No one is having trouble filling their internships and return offer acceptance.
Don’t hold your breath