Trying to explain to my non consulting friend that your salary can climb by 60k easily in 4 years. Please share your experiences of this guys (more examples the better)

likehelpful
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my base salary has climbed $30k in 2.5 years and I will get another base jump this upcoming May (at the 3 year mark). Add bonuses in and I’ve gained about 40-50% in TC.

I do think jumping jobs can accelerate earnings more quickly, and I think tech pays more too. But I have definitely felt rewarded for my efforts in consulting.

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215 to 363 in 3 years. Same firm.

likeuplifting

Wow that’s amazing! Congrats on all the hard work paying off 🥳

likefunny
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In 4 years from $200K (exactly $194k) to $500 this year!

likeuplifting

Is that TC? What is your base.
Mind sharing what the increments were in the run up to 500k.

4 years ago I made ~$85k total comp. Now I'm at ~$245

likeuplifting

Was at 58k in 2017 and now at $145k base.

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Nope, made two jumps, now at a firm that I’ll stay at for a while.

95k to 260k TC in 3 years

likeuplifting

👍

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Mine went up $50k this year

likeuplifting

After my first 4 years in consulting (as a post-b-school hire) I went from $170k to $380k (was promoted twice at an MBB and was in a good performance bucket in yr 4)

In the next 4 years went from $380 to just over a million as a newly elected partner.

This is a pretty standard if things go well, but the lifestyle sucks + working for dumb clients gets old after a while. Left not long after making partner for those reasons.

likehelpful

Serious question - what makes a client dumb? My senior leaders hire MBB often but we rarely leverage the insights into action..

Mine went up 120k in 5 yrs, lateral moves FTW

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Accepting applications 👸🏻

250 to 500 in four years

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Wtf man why are US salaries so much higher than UK

likefunny

Boston tea party

likefunny

Not accounting for big promotions, best way to do this is changing jobs. Moved from 138k to 200k in during the pandemic (boomerang from my original firm).

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Mine went up 32k in 4 years

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You’re at EY. It’s not uncommon.

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165k to 500k in 2.5 years.

likehelpful

What position / role

Year 1- 85k year 2-100k year 3-140k year 4-180k year 5-200 year 6-230

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Director at 28 yr old?

Was at 60k in 2012, now at 250k

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$59k to $133k in 9 months

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Was at 147k in Nov 2019, at 205k now. Didn’t change jobs. Acquisition, promotion, 2 raises. 58k in 2 years, and obviously >60k in 4.

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Mine went from 115 to 205 . Pandemic special 😂

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Went from $70k base to $150k base in 5 years.

likehelpful

$60k in 2018/19, went to business school, now make $160k (not including bonuses) and getting a market increase in December

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