Why does ZS Associates promote so slowly??? And have so many steps to manager??

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I don't think so it promotes slowly.I moved from A to M in 6.5 years, and know people who have made it in 6 years. I believe promotion is entirely a function of whether you make the role above you redundant. Also, there are many stories floating around- it takes x many years moving from one role to another. I know an associate who is an exceptional performer and he got promoted in less than 20 months. I would say keep up the good work and trust the system. Don't believe in what you hear, as mostly it's an experience of couple of people. Be skeptical.

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If you compare a distribution with a limit at “2” and a distribution with no limit and then comment how one average is >2 and the other is <2 and somehow think it’s insightful, I don’t know what I can do to help you.

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Reason PhDs leave is they are typically 2-2.5 years behind MBA folks when often they are performing at the same level of many 1 yr consultants.

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I’ll add - our manager level is much more like a junior partner elsewhere (harder than EM at other firms) - you’re responsible for sourcing and selling your own work as well as project delivery

I agree!! M is way underpaid and is the hardest role.

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