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Hi guys,
Do zs provide wfh or it permanent wfo?
What is SUNDRY allowance in Accenture?
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What is first year partner compensation?
Bain & Company My 13 YO is taking Career and Tech. She is dead set on diving for Michigan. What are her chances of getting hired from MBB with a degree from UM? Or would she need her MBA first? Is a Michigan degree good enough to get you into a top MBA program?
McKinsey & Company Boston Consulting Group Bain & Company University of Michigan
Bain & Company Got dinged after a final round AC interview with Bain & Company as an experienced hire with 1 YOE. Currently at $75k base salary and on average work 30-40 hours a week.
Considering $15-25k increase in salary, but double the number of work hours, is it worth reapplying to Bain next year or better to wait to apply until after business school?
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Those numbers feel like the high end of the spectrum, especially in cash. Probably $250 cash is the mean, especially if not a UHCL city
That’s about right.
The equity isn’t an annual thing but a grant up front that vests over time and then pays out (or not) when the company has their liquidity event. Probably $500-$750k. It’s not like RSUs that you can sell when they vest. So you may be waiting 5 years before you get any cash from it. If you leave the PortCo before the liquidity event you’ll only receive the vested portion. And of course depending on the exit you may get more or less than the target amount.
One other good thing about the equity is it is treated as long term capital gains so federally taxed at a lot less than it would be if it were treated as income. That can be worth $100k in your pocket with the numbers we’re talking about above.
The reason the money is higher is the job is harder than exits like corp strategy or tech. Longer hours, more travel, and the challenges of turning around an underperforming company that likely has immature processes and systems, terrible data, and demanding PE ownership that is never going to be satisfied with how fast or how much the company is improving.