Thoughts on salary progression? 5 years of consulting experience in HCOL. Current 1st year Manager at EY.

Firm 1: Entry Level Analyst - $66k, $70k

Firm 2: Consultant - $102k, $105k

Firm 3: EY
Senior Consultant - $100k, $125k
Manager - $165k

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

Finally, a normal progression case. Congrats and well done.

like

Excellent progression

like

Very similar to me.

Firm 1: entry level analyst, 65k
Firm 1: consultant, 97k
Firm 2: manager, 160k, 176k

4 YOE

like

28, graduated 2016 but started working later 😬

like

Damn good. Here’s mine:

Firm 1: $60k (analyst)
Firm 2: $80k (senior analyst)
Firm 3: $80k (consultant - I changed field here)
$100k (senior consultant)

Hoping to make another jump soon for a much larger % increase!

like

Whew! Seeing stuff like this makes me realize how the times have changed! GREAT progression

like

Best wishes contibuing the trend! I’m at 3.5YoE and hoping to follow your base progression.

Firm 1: PwC
50,55,62,67, final step 112 + 20k bonus

Tech:
Entry: 130 + 18k bonus +18k stock

like

Similar here.
Y1- 60k
Y2- 75k, 80k
Y3 - 85k, 91k
Y4 - 102, 155k(155 was a counter offer)
Y5 - 160k, 216k(216 switched companies 180 base 20% bonus)

like

Originally IBM, moved to a boutique tech consulting firm.

Y1 - 68k -> 72k
Y2 - 72k -> 85k
Y3 - 85k -> 121k -> 137k
(leveraged outside offer + Promo)

Currently in year 3, next May will be Y4

like

I did! But switched groups as well. I was leaving for a new group at a new firm. They put me in that group at Deloitte + came within 10% of my offer

Huge fan of this post , sharing my progression at 3 YOE to contribute

Y1: B4 Consulting Analyst, 80k -> 82.5k (COVID)
Y2: Promotion to Consultant, 82.5k -> 95k
Y3: Exit to Fintech , 95k -135k

Hoping to get to $160k by Y4 with a promotion !

like

Nicely done 👏🏻

Yours and mine are very similar. At 5 YOE we made almost the exact same

60
72
78
91/140 (Firm 1 to Firm 2)
160
172/200/210 (Firm 2 to EYP, end of year comp raise)
235

Does EYP do much tech/implementation work?

like

Awesome work fam and very similar:

Firm 1 (Big 4) analyst: 72.5k Y1, 78k Y2
Firm 1 consultant: 92k Y1, 104k Y2
Firm 1 senior: 125k (bounced right after promo)
Firm 2 consultant: 165k
Firm 2 senior consultant: 176k - Current at exactly 5 YOE

SC1 what firm did you leave to for that 40K jump?

Firm 1: $85K, $88K
Firm 2: $98K, $107K
Firm 3: $132K, $165K

At 5 YOE :(

Is 165k base or incl bonus? If not tcc, what is your bonus % of base?

I see - I meant what is the fiscal year end for you? Curious if ey recently made the jump to reflect the hot labor market or if it was a move earlier in the year

Started consulting in May of 2018
2018 Firm 1 - 68k
2019 Firm 2 - 130k
2021 Firm 3 - 145k
2022 Firm 4 - 185k

Related Posts

How do y’all calculate a contract job? Speaking to someone that is hiring a producer from Aug-May. Not sure how I calculate my rate for such a long period of time??

like

What's the Inhand salary? Details below

Total = 12.44 LPA

Basic + Allowance = Rs. 11.65 LPA
Employer PF(12% of basic) = Rs. 56.7k
Gratuity : Rs. 22k

like

What salary can I demand from PayPal india for 7.5 years of experience??

like
like
like

What is a fair salary for a NYC data engineer with 1-2 years of experience?

like

Hi Fishers, What can my expected CTC be for a PO role at Servicenow? My current profile is 6 years experience with 19 LPA. I have couple of offers with 23LPA and 25 LPA.

like

Is it recommended to get two full years of consulting experience before looking for a move elsewhere...for more comp (say to another Big 4, industry, attempt at MBB or FAANG)? Already have 8 yoe in the DoD space outside of consulting. And about 16 months of consulting exp

like

Korn Ferry, Russell Reynolds or Heidrick & Struggles? Which one is better and why?

like

Got the invite for final rounds for SFA. Please help!

1) How do I ACE this? Rinse and repeat on PS1/PS2 prep or do more?
2) What can I expect - It’s on Chime and not in person.
3) They’re asking for salary expectations & I found out via research that the recruiter quoted median TC but I’d like top TC (200). Do I need to explain why my expectations changed?
4) Is there value in attending the Pre Recruiter Call/ Candid Calls?
5) How do they expect ppl to take a full day off for “maybe”?

TIA!

like

How high does L6 range typically go for Sr Program Manager roles? I am currently at ~250k TC and the position they were interviewing me for hand a max range of 200k TC. Is >300k TC possible?

like

I got offer from XYZ company, but my current company ABC had a call with me and had me stay in the current company. They offered me same offer which XYZ offered. But they officially didn't give any offer letter but they said you will get revised salary in march month. But I didn't receive revised salary. I just have mail confirmation regarding retention offer. Again I spoke to concerned person this month, they said, central team is processing still, in April'22 u will receive revised salary.

like

How much are they paying for an Associate for contract management at EY?

Probable in hand salary for given fixed salary

Dobara mat puchna😁

A step towards Atma-nirbhar Bharat!! 😁

Post Photo
likefunny

What will be in-hand salary pm...?

Post Photo
like

Hi All - anyone working in the swiss market here?

Looking for some insights of different firms there in terms of Comp., WLB but also brand within Health&Pharma would be useful

Thanks!

like

What is the performance review cycle at Salesforce? Will someone hired in November/December be eligible to receive the annual bonus?

like

I need an opinion, which field is better in terms of compensation and work/ life balance , a sales producer or adjuster ??

like

I have a mini case interview coming up for a product management position with Capital One. Has anyone done the mini case with Cap One and can I ask you for any advice/insights?

like

Have a phone screen with a recruiter today. Dodged the salary requirements question in the application but I know it will be asked in the phone screen. If they ask me, can I turn the q on them?

like

More Posts

Hi folks, Can someone tell if below salary is sufficient for one person (6 YOE) to live in Melbourne, Australia


C&B fixed (gross): AUD 6500/ month Monthly overseas allowance: AUD 5800/month

like

Hi Fishes,
I am going to join ZS in 2 weeks. It was mentioned in the OL that I will be provided a accomodation for first 2 weeks .
It would be great if you guys please throw some idea on thi..
As, how is the quality of the accomodation?
Is food also available there??
Can I take my parents??

like

I need help. I'm dealing with multiple losses in the same week and having a hard time... I took some time off from work but I have no motivation to do anything. I don't want to go back to work and don't care about my work right now. I want to quit but I don't want to make a rash decision but need a long break. It's also not fair to my team that I can't give it my 100%. What can I do?

like

Hello,
May i know in how many days i will be able to get a project after joining? And the training provided will be from the project perspective or from overall perspective. TIA

like

What is the online assessment test about in HSBC?

like

Need 11 likes to enable DM
Kindly help

like

LA! Hiring mid-level CWs and ADs! Must have video prod. exp. and be very conceptual.

Solos and teams apply!

LINKEDIN ME (I’m bad at fishbowl)
Samantha Schneiderman (director of creative services)

like

Would Middle East offices still hire many people this year or sort of at a hiring freeze? (Think post-mba level)

like

Does anyone have recommendations for a wicker park-based barber/hair stylist that does a good job with long men’s hair?

like
likefunny

So, how was your Monday?

like

What is an ideal value of X for salary --> Salary = YOE*X. I feel least should be 3 and then sky is the limit

like

Hi Fishes,
I am currently working with TCS with 9.88lpa CTC.
I have got offer recently with Dell Techonolgies Chennai as a Senior Engineer with 17.88lpa CTC. Is it good to move to this company?. Anyone aware about the WLB in this company?

Tech Stack - SCCM/MECM, INTUNE

like

How to get into IBM ISL from GBS

like

Where is Amazon's BLR 13 office located in bangalore?

Is it the WTC office?

like

What's the hike percentage on promotion in BNY Mellon and what's it without promotion for Pune India operations?

like

Anyone up for practicing case coming weekend?

like

Any freelance ACD writers want to partner up for projects? People who do only freelance, no full-timers ;)

like

By when we can expect onboarding invite from IQVIA. My joining date is tomorrow, I am yet to receive invite. Tried contacting HR through call and email, no response.

like

Additional Posts in Compensation in Consulting

AlixPartners can you please share about the TC and WLB for new parents?

I'm approached by the AP recruiter and in the final interview process for an SVP role (digital practice).

Already have two other offers (Strategy @ Walmart, 300K TC, and Marketing@ Amazon, 220K TC). 10 YOE

1. Will AP's SVP TC be higher than $300K? What's the breakdown?
2. Would you choose AP over Strategy @ Walmart or Marketing @ Amazon?
3. How difficult is it for new parents? I still want to spend time with my newborn.

like

DC - AFS, Senior Analyst making 88K salary with a 2K sign on bonus I had to negotiate is this a good deal?

like

What are Fdd Director salaries at KPMG?

like

Is cybesecurity as lucrative as software engineering careers.

I know cybersec covers a wide field. Any sub areas within cyber that pay more than other?

like

What's the typical performance bonus for new experienced hire? Joined in Feb. I'm MBA S&O SC2 if it helps.

like

What’s a reasonable salary to ask for at McKinsey? Tech analyst consulting role 1 yoe.

like

When talking about salary, do you usually say your base or TC?

How do people feel about their new compensation statements?

like

What would you suggest as a salary % increase to jump to another firm? I’m being recruited for a Sr Mgr role at EY which looks like a promising opportunity. Any comp sites other than glass door?

like

Base/Equity expectations for Series A Fintech (non engineering leadership role) in the Bay Area? 10 YoE. Thinking about a move but trying to understand the risk/reward.

like

Need help evaluating an offer from Deloitte - SM (experienced hire) $250K base and $65K signon bonus. Is it worth it? 15+ YOE in HCOL.

like

What does a PEPI senior associate or manager make at Alvarez & Marsal? Interested in base and total comp.

like

In final stage interview for Product Manager position at Early Stage VC startup. The company convo is coming up soon and I am looking at asking 140K base, 20K sign on, and 40K equity. Is this reasonable am I selling myself short (or too high), I’m coming from consulting.

like

Hi my friend is moving from Microsoft India (10 yr exp) to Canada - he is a software engineer makes 40 l.p.a in India but got offer of 140K cad for intra company transfer. Isn’t that low or is it normal?

like
like

I think it’d be helpful if those of us who have exited into Bay Area tech start a comp thread so others can benchmark.

2 yrs post-MBA
BizOps manager
175 base + 225 RSUs (publicly traded, 4 yr vest)

likehelpful

Currently making 180 TC at a large bank and have an offer from a FAANG for 260 TC. Salary is not much different (165) but bonus/equity structure is decent. fully remote, dope company etc. I’ll be moving laterally in terms of title but I get the impression the scope/impact is larger and leveling is different in tech… no brainer?

like

I'm a recent grad who accepted an entry-level full-time job offer with Capital One. I knew that MBB and other consulting firms rarely ever negotiate salary with new grads, so I didn't with Capital One as well. Was that a mistake? What were the likelihoods that they would have raised my salary? I had no other competing offers at the time

What is the Deloitte MSP Team? Is it consulting?

like

Comp at AlixPartners and Alvarez... go!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal