Compensation

What do 1st year partners make at tier 2 firms (Oliver Wyman, Strategy&, ATK, LEK, Roland Berger, AlixPartners) in total comp? We hear $500k to 1M+ for MBB but how does everyone else compare?

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works at

You’d classify Roland Berger as tier 2?

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Why not?

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It would probably depends on how much business they bring in. If I was a partner at one of the firm you mentioned and I single handily close the 20m deal with the client based on my skills and prior connections(may be I’m buddy with client ceo); I would definitely demand 80% of overall profits from that account! I would say 5mm is mine

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That’s not how the economics work at most firms. Your comp is not so directly tied to financials. A good year will get a top bucket bonus but there’s not a huge variation between ppl in that bucket even if the raw financials are different

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ATK is in the $500K to $1M US range for a first year Partner. From friends at MBB first year Partners at those firms are in that range as well. Not going to post specific numbers here but a first year Partner at BCG is a bit higher than a first year Partner at ATK but less than $1M (source: friends who are Partners at the above firms)

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I think a brand new Deloitte partner is getting 400 units = $400k, but some of that gets eaten up buying in obviously

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I've spoken with MBB partners who have indicated that >$1m for first year partner is rare. I also understand that even more tenured partners don't clear $1m every year.

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400K to 500K for Deloitte

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Same

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RB is Tier 2 for certain sectors and pay-wise. It’s not as well known in the US compared to Europe and Asia but is still strong in the few sectors it plays in (auto, chemicals, oil & gas, industrials). RB competes directly with MBBs in these sectors even in the US.

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Is RB actually strong in Asia outside of China? Just based on staff number alone ATK for example is way stronger it seems (source: LinkedIn)

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I know of at least 1 example of a first year Partner at OW that made ~$2mm. I believe this is very variable depending on sales.

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First-year partner at RB make less than 300k EUR, that's why it is actually tier 3

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Cash. It works differently than an accounting firm (my dad was a partner at an accounting firm so I’m familiar with their model)

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