I’m freaking out. I can’t keep up financially. My student loans are over 1000 a month. My rent is close to 2k in NYC. My low salary has me using my Credit card to eat. I don’t have family to fall back on. I’m 25 and feeling trapped. I know I need to budget better and am starting there but wondering what others to do cope and if I should be freaking out as much I am?
$200k+ salary, no loans. Mid 20s. What should I be doing with my money? Buy property? Index funds? Thank you in advance!
Do you ever think we’re a little out of touch for how much $ we make as consultants and the expectations of growth in income we have? Sometimes I look at my salary and I’m like damn, I’m slacking compared to my peers or xyz firm average at this level. Other times I realize how I’m already making more than 87% (just googled this, not a hard stat) of Americans and make more than some people will ever hope to annually in their lifetime. Thoughts?
What’s the correlation between compensation & happiness? I have never been a very happy person (depressed from time to time) and my comp is only 150k. What compensation do I need to reach so that I can become immediately happy? 200k, 300k, 500k?
It seems morally wrong that consultants are paid more the PhD biochemists, physicists, engineers and social workers. Why is compensation so disconnected from actual value creation in our society?
I’ve seen some post with folks claiming that they have $300K to $500K saved up and are between the age of 24-27.. how is this true? Tell the true story. “I still live at home and parents cover my expenses and I didn’t have student loans?” $84K (before taxes) is the average pay for Management consultants in the US (Glassdoor). Please share how you’re saving up your whole salary year after year or have multiple jobs while delivering quality work for your current employer.
I know a lot of people are upset today with comp coming out and I don’t want to be insensitive but I finally crossed the 6-figure line! I know a lot of people will laugh at this goal but I wanted to make 6-figures before 30 (I am 29). As a 2nd generation American, I wanted this goal for all the sacrifices my parents made to leave their homes and families to give me the opportunity that the US provides!
Have an offer with google for 25% more base and 100% more total comp. But I’m a little skeptical leaving consulting as after 6 years that’s all I know and not sure how long will it take to get used to the pace/politics/growth of working in big tech. Is this fear completely irrational? Or has someone transitioned and then regretted leaving consulting?
Is there a “market salary” at the big consulting firms? I’m a big law attorney doing IP, and have always wondered what it would be like to get into consulting. Big law salaries are very lock step, so you get basically the same annual base compensation and bonus if you’re at the top 30-40 firms and working in a big city. Maybe more generally, I’m curious how much former big law associates make in consulting (if they ever make the switch), particularly if they understand Intellectual property.
When asked for “expected salary” during a phone screening, how do you guys determine that? Especially helpful if the role is not consulting, but industry
I’m losing motivation to give my best shot at work. SA passed up for promo in Mid Year and End of Year. Didn’t get any raise either, but got a good bonus. I’ve always given it the extra mile in at work, my previous managers will agree. But now, I feel my productivity and attention dropping. I just don’t give a damn anymore. This has resulted in me half assing my work. I know I shouldn’t, and that’s only gonna get me further from next promo, but I just have zero f’s to give.
New job starts first week of new year. When do I quit my current? Do I put in 2 weeks during holidays to be polite and allow for some transition? I’ll be off during that time anyway. Or do I just give 1 week and say it’s transition and leave so I can get my bonus paid out on 12/31
I interviewed with a consulting firm that’s not well known, a couple hundred people, competitive salary. As part of the interview process (after getting past a screener and a case interview), they gave me a large assignment of creating a deck that they were supposed to look at, provide feedback, allow me to make corrections, and finally present to them. This initial presentation I sent took no less than 12 hours to complete. After I sent it, they ghosted me until rejecting me a week later.
@HR experts here, is upping compensation usually the biggest lever to pull for companies to retain employees?
Anybody know of good job opportunities in DC Metro, either consulting or corporate, that are NOT federal or gov service? Something with good comp and trajectory for somebody in earlier career.
How much would you expect as all in compensation when exiting to corporate strategy after spending two years post MBA in consulting?
Is anyone here that did their mba in their 30s? Just trying to understand how you approached your decision. How did your post degree compensation scale?
Best way to negotiate salary when recruiter gave a higher range initially? The offer came in lower (100 vs the range of 110-120) - they did offer lot of equity but I rather have more salary
For those who consistently donate to people in need, approximately what percentage of your post-tax salary do you donate in a year? I'm just curious where I am relative to my peers. It looks like this year I'll be donating ~2%. I haven't been working long so I definitely donate more than I have in the past. I also don't always make donations that are tax deductible. Please no contrarians or people telling me I should put my money in the stock market/savings. :)
What are peoples thoughts on buying a house on an FHA with minimal down payment? Don’t have a ton of free cash but am doing well in consulting currently, additionally my fiancé is about to start as a PA with a very nice salary.
What amount of a sign on bonus would make you leave an employer you love and make you miss out on end of year bonus? (Given the pay and benefits are veerrrrryy agreeable at the new company)
I just received an offer, and want to make sure I’m not leaving any money on the table. What is the typical wiggle room companies have for negotiation? What would be a good counter salary increment (in terms of %) that won’t scare them off, but allows me to capture as much of that wiggle room they have? (No defined compensation matrix or anything at this company) thanks!
Are there any firms that share a percentage of the engagement profit with the delivery team? Obviously this would be a small end-of-engagement bonus based on success of delivery.
Lateraling to MBB and I tried to negotiate equity as a part of my comp and they said hard no. Should I walk away?
What do Venture Associates usually do? What is typical comp/ YOE and is this a good pivot from Corporate Strategy or Strategy consulting?
how many YOE does it take to cross $400k salary for a real estate agent? is that a realistic pay band??
Looking for jobs in a different (lower cost of living) area of the country. How do I answer “what is your desired compensation” type questions when I’m not sure what the equivalent salary is compared to where I live now?
What would you prefer? - work in consulting with an average salary and live in a lively city by the sea side - work in an investment bank earning lots of money, in a cold and very boring city
What’s the most you’ve ever been able to increase base salary offered after passing through the interview process? 5K? 20K?
At a tech firm - is it better to have 10K (%of salary) extra in annual bonus or 10K in annual RSUs assuming RSUs fully vest in a year?
Which consulting streams have the highest compensation? Ex. Tech consulting, financial services, HR
Submitted an app - recruiter reached out via email to set up an interview with someone on the hiring team...how do I ask about comp expectations? Have never spoken to the recruiter
Got an offer for a role I really like. I accepted the offer but then got another offer that I wasn't expecting with slightly more comp and a sign-on bonus. Should I go back and ask for them to match the offer if I've already accepted?
To all the new hires to the big 4 or other firms, what’s the lowest sign on bonus you would accept? I understand it may be lower than usual / non-COVID times but trying to understand if 5K is lowball and how much higher I should negotiate. Thanks.
PI Finance Manager 3 promoted to Senior Manager this year. What should I expect as base salary and promotion bonus? Not worrying about PBB...that's unlikely to impress anyone.
What would a typical compensation be for a L6 Solution Architect role at AWS ? New England region 13+ YoE
Got offered an MD position at a large Commercial RE firm for strategy. Any tips for what to ask for? They’re already agreeing to nearly double my salary at 220k from 110k and up to 50% annual bonus...
What’s a good salary for a comfortable life in the SF area? Moving from NY to SF. At the strat Director level.
What’s the typical comp range (base + bonus) for a SM in Deloitte Strategy & Analytics (on the strategy side, if it’s bifurcated)?
What's a typical salary range for a customer experience manager at a tech firm (not fb, google, etc..)?
HR calls to offer you the job. Before they tell you the salary, they ask how much you’re currently making. How do you answer this? Honestly? Bump it up a little? I hate the question
I know switching jobs every few yrs helps maximize comp, but is it possible to still get close to reaching your potential at same firm? I like my firm, but can’t help thinking...(cont.)
I’ve won the past ten games of Catan I’ve played. Does this mean I’m destined to be one of the world’s top strategy consultants? I intend to discuss this remarkable feat with my manager and request my salary be doubled to better align with my value to the firm as a strategic savant.
Pay Increase - $103,500 ...with a 3,300 bonus! DC area - acting manager! What's yours and location?
what’s a decent salary for a senior brand strategist in nyc? $110k? $120k? higher? 8 years total experience, ~4 in advertising. not looking for someone to link me to the real salaries excel. i want to hear it straight from the horse’s mouth.
Just had a recruiter tell me he’s not allowed to ask what I make currently and the offer will be based on the comp I’m targeting. This law is creating an interesting new dynamic
Currently Senior 1 - have opportunity to leave for 90K + 10-15%bonus for external reporting senior position. Current salary 65K. I want to go but I don’t want to settle.
Deloitters complaining about comp and lack of transparency. Happy to help: 95% of you complaining are a 3 or 4 / mid to low performer. If you’re unhappy, move on and be mediocre somewhere else. 👋
If I put Tableau on my resume, can I learn the basics 24-48 hours before an interview if needed (similar to how you can with SQL)?
Can I call recruiter to follow up after a phone interview with hiring manager? She knows I have other ongoing interviews and I can’t wait around. Hiring manager told me I’m moving to next rounds.
Let's vote to get a count of users on FB from major consulting companies. Next 10 replies are for the 10 companies. We can find the most active consulting group active on FB snd I will get votes 😜
Fyi, in case anyone is considering Away: https://www.cnbc.com/amp/2020/01/13/away-co-founder-steph-korey-back-as-co-ceo-after-social-media-uproar.html - sounds sketchy (slack messages for this!) and I wonder if people are getting fired internally
System message: The description for MBA Applicants changed to This bowl is for all fishes who are applying to MBA programs for the class matriculating in 2018.
Anyone find any "cold calling"-esc ways of bringing in clients? Or best non-referral based client acquisition methods?
More tenured team member will ask me for input on client context, resources, help with slides, etc... and then take full credit when the manager gives praise. Drives me nuts. Any ways to push back?
Just left audit for Sr accountant job. Is there an expectation to ask for more work in industry? Feeling no since I’m not “charging hours” or submitting a timesheet but feeling way overpaid for doing almost nothing (not complaining just don’t want to be fired).
What is the average experienced Manager salary for the Financial Services Deals / DDV practice at PwC?