Hi everyone! Posting obo my partner who is freelance and was just offered a 6 mo Story AP position contract. He’s been out of the game for a while so before he discusses pay, I am curious if anyone has any salary/pay rate insights based on the current market? This is based out of LA. His last role was also an AP position and was $1500 a week— that pay was from a year ago. He has about 2.5 years experience. Any help is appreciated!

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The 40X rule is a pretty standard guideline for how much rent one can afford (your gross salary divided by 40).

But pragmatically (especially as one advances in their career), does it make sense to spend that much on rent even if you can afford to? I’m in my early 30s making $230K base salary. No partner, kids, or debt…but also no substantial savings. In my shoes, how much would you say is practical to spend on rent?

likefunny

Any federal partner managers in this bowl for systems integrators or tech companies (think AWS, Salesforce, Microsoft)? Curious what salaries are for people in this role as there isn’t a ton of data for this job title specifically. Looking for salary numbers and YOE. TIA!

BCG 🐠 - rumor mill has it comp announcement tomorrow…let the bowl know and help us all get paid from the Partner overlords :)

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Fellow fishbowler, I have a question regarding how to approach the partner about an upcoming resignation of the current post. I got an offer from competitor firm and I am scheduled to start with the new firm at end of the month. EY is paying me the bonus on Aug 26th. Just wonder what's the proper way to notify the partners that I believe I was close to without jeopardizing my receipt of the bonus from the firm. Thanks so much for your guidance!

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Hi. I have 20+ years of experience both in consulting and in-industry. I have a contact at McKinsey that I connected with that is willing to make an introduction/referral for me. A few questions: 1). What level should I be targeting. I’m willing to take a lateral to a degree because. . .well, it’s McKinsey, but I don’t want to come in too low salary wise and somehow undercut the value of the experience and the roles I’ve already held (VP/DVP). As such - is Associate Partner too low? 2….

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Would you rather: (1) stay in big law (V100), collect your checks, keep billing 1900+ annually, knowing you’ll likely only progress to non-equity partner but stable pipelines for work; or (2) transition to boutique firm with no billable requirements, no minimum salary, on a pure revenue split (half of collections), option for equity partner in 16 months?

likehelpful

BCG fishes, any insights on the 1st year total comp for Partner & Associated Director on expert track? Thanks!

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Chief of Staff to the CIO role for a $3.5 medical device company

Looking for a strong SC/1-2 years as a Manager in S&O, M&A

Works involve - building and implimenting IT strategy, managing $70M budget while working with the CIO, project portfolio management, vendor/partner management.

Base salary: $200k, bonus/RSUs negotiable

DM me if interested

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I’ve been networking with Deloitte individuals at the partner/principal level regarding possible roles. I have 2.5 years clinical experience (have a master’s degree) in rare disease/pharma/genetics/research. Some mentioned coming in as a consultant or SC on the strategy side. Anyone have an idea of what salary/compensation might look like?

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Does anyone knows what is the compensation range for Associate Partner/ Principal role at EY? Thanks I’m advance.

Edit - I am keep it as it is because I don’t want to ruin the jokes in the comment.

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What roles can hit 500k+ comp without being at the highest level (partner, MD, CXO)?

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Anyone have estimates of first year partner comp at BDO?

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What are the benefits of being a partner at a big4?

Just seems like a lot of work and stress for a salary you could get in industry where you also don't have restrictions on stock purchases...

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I am a big 4 tax manager with 6 YOE. Just got an industry offer today as a tax manager. Fintech firm with 30% base increase plus bonus and equity. The money is tempting but as an ambitious career driven person, I am now second guessing myself. Would I have a successful career in industry? Or would it be better to stick it out and try to be a partner one day.

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What is partner comp like in big 4 vs top 10 vs mid-tier/regional firms?

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Would I be insane to lateral twice in one year (8 months-9 months in)? I don’t dislike my current job, but the new job would be in my exact area of interest with a partner that I know well and is already a mentor to me. Same salary. Both big law but the firm I’m at now is a bigger name.

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As a newish partner in a law firm, name something you found out that shocked you only after you made partner. I’ll go first, in the 15 years between when I was a law clerk to when I became a non-equity partner, my firm’s profits per equity partner amount doubled. Associate comp went up 20k in the same time period.

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What would be the range of Partner level take-home (Cash/ HRA/ Bonus) after tax at MBB and T2 (AccStrat, S&, OW, Kearney)?

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Re watching mad men - what would Don’s consulting equivalent be? At least in season one is he an SM (I.e., one step before partner)? Curious what his salary equivalent would be in todays world

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Trying to do a little market research. I’m a partner at a corporate boutique focused on tech startups, and we’re recruiting BigLaw refugees. Would the following offer be appealing to you?:
-Fixed salary 60% of Cravath scale
-No hours requirement. We expect you to work hard 40-45 hours/week, but we’ll respect your nights and weekends (with rare exceptions), and let you take holidays and planned vacations
-Work from anywhere

If it’s a marginal “no” for you, what would push you over the edge?

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Trying to do a little market research. I’m a partner at a corporate boutique focused on tech startups, and we’re recruiting BigLaw refugees. Would the following offer be appealing to you?:
-Fixed salary 60% of Cravath scale
-No hours requirement. We expect you to work hard 40-45 hours/week, but we’ll respect your nights and weekends (with rare exceptions), and let you take holidays and planned vacations
-Work from anywhere

If it’s a marginal “no” for you, what would push you over the edge?

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Hey folks, Does anyone have any insight into Ogilvy Consulting compensation? Specifically at Director and Partner

likefunny

Is there a major difference in partner/MD at Accenture vs big 4? Bonus for MBB comparison too

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Looking to potentially relocate to South Florida from Chicago; admitted in multiple states. 12+ years of litigation experience, currently a non-equity partner. Anyone have insights on salary and job market comparisons? Willing to start back at the Senior associate level if need be.

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Hey all. Weird Q. May 2020 grad, lateraled to v20 in sept, started same day as brand new 2021 grads. Offer letter said, “Given your anticipated start date, you will not be eligible for a 2021 year-end market bonus.” My office’s head partner said same via offer phone call. Didn’t negotiate bc (dumb) was so giddy to accept. Did receive fall special bonus, tho. I worked my ass off the 15 weeks of 2021, want to discuss bonus with my team. Any tips would be very much appreciated - thanks all

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Is it worth leaving big law for a FAANG job? Probably a $50k pay cut plus lose the partner track option for future. I'm probably 3 years away from making partner. Have a friend there already. Heard work life balance is better but comp not as good and lower ceiling. Thoughts?

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I often hear numbers that partners start to earn 1/2 mil a few years after making it to partner.
What’s a ball park equivalent title for a f50/f100 (non tech) company that gets you to a similar comp. I am a director at an f20 (3 positions away from VP) and 5 from c-suite and I don’t anticipate making more than 400k in another 10 years even if all goes according to plan.
Ps I know the consultant answer is it depends but just trying to get some perspective.

likefunny

Should I leave my 400k total comp in-house job (10 YOE) to make 550k at a biglaw firm as Counsel/Senior Associate with potential for partner track?

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Is there a salary sheet for consulting for all levels from associate to partner? Anything specific to security / cloud will be great. Looking to explore opportunities in consulting in India. Currently work in PwC USA.

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I’ve accepted an offer for a non-partner track counsel position at an Amlaw 200 firm. Salary of 300k, expectation of 1800 billable hours. Fully remote. I’ve worked at top regional firms during my 10+ year career. I’m leaving a small book and a solid shot at partner in 3-5 years for the risks of permanent counsel and unknown biglaw bs. Wife and I are prioritizing things other than careers with this move. She’s also able to go fully remote. I’m scared but also excited. Am I crazy?

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Firm passed me over for partnership but seems to be bribing me to stay with a bonus that is about 75% of my base pay. I feel good about the money but shitty about not making partner. Anyone else in this happy/sad boat?

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What is pay really like if you become partner at a boutique strategy consulting company in London (thinking LEK, or below like capgmeni, bearing, clearview etc.)? In the US it’ll the TC can be at least a million, but what is the base + bonus in London? Seeing if it’s really worth sticking till the end

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I am currently interviewing for a Senior Partner Solutions Architect role and want to know what I want for compensation. What would be a good range to ask for annual compensation (base, bonus, stocks)? Would it be a good idea to leave Booz and go?

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How would you equitably split finances in a household (allowing for individual autonomy at the individual level that also sufficiently rewards ones productive behavior and respects the union)? How might this change if there is a significant difference in compensation and hours worked within the couple? Let’s say one partner is an investment banker making $800k working 100 hours per week and one is a teacher making $60k working 40 hours a week. Split 50:50? 100:40 (via hours worked?) Etc?

likefunny

Okaaaay 🐠 need some opinions on this. I turned down B4 to come to Google (at a smaller salary admittedly). The partner from the B4 reached out to me with a pretty significant offer, I know him personally as we worked together at my old company which has its benefits.. Offered M1, $160k base, $10k sign on, and 20% bonus. Currently at $115k base, 30k/yr in RSU and 15% bonus. I’m a PgM at Google and still a consultant by definition, figure I’ll be in consulting for the long run. Thoughts on this?

likeuplifting

I would like to hit fire between 40-50. Currently 27, 185k total comp (125 for me and 60 for partner). Like my job don’t hate it don’t love it. Does an MBA make sense? I’m guessing it could take me to 170ish with that schools I’m looking at but wondering if the 40-50 retirement range makes an mba not make sense since I’d only have 10-20 years to save vs 12-22.

Would have to finance the whole thing myself. Current net worth is 140k. Thoughts?

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Had my annual review earlier today and I’m not happy with the raise and bonus offered. Aside from the managing partner, there were several other non-equity partners in the room and I didn’t feel comfortable negotiating in front of everyone. I’d rather speak to the managing partner alone as he’s the only one who has the ability to make decisions. I’ll have to wait until Monday to do it in-person but wondering if I should set up a call between now and Monday to discuss? Would Monday be too late?

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My partner and I are finishing a freelance position at an agency with potential to turn into full time in January. Would it be wrong to try and negotiate a higher salary for being taken on full time?

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thinking about applying internally for a client partner role at iqvia, anyone know the expected compensation

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Glassdoor says between $65-120k. How accurate is this?

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Asking for wife who's also in banking. If she got ~$100k in signing bonus in 2019 for 1 year commitment in CA and started FT in July 2020, assuming she leaves before July 2021, can her employer claw back full amount in California? Some say it's much tougher to do so under CA law but wonder if anyone has any insights. Banks won't likely care about analyst signing bonuses, but associate bonus at EB with diversity bonus can be significant. If she quits before, she won't be going to another bank.

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I am a senior in undergrad and have offers from the following:
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Definitely leaning towards EYP since it seems to have best comp and work I'm interested in but wanted to see if there's any reason to pick another since I'm pretty overwhelmed .

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Being promoted mid year in the Bay Area to senior and did not get a raise as expected. Trying to see what the current compensation is for seniors within deals.

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I recently accepted a job that I quite overqualified for because I’m in need of a job. I got hired as a Marketing Manager and work directly with the Marketing Director. Come to find out my director is still in school and has absolutely no marketing experience. She’s been with the company for 4 months. They seem to want to utilize my complete skills set and make up for her lack of marketing knowledge but maintain her position as director and pay me a entry level marketing manager salary. Advice?

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2nd year ACD salary in LA?

I just received an LA-based financial services Controller job offer for $120K plus 10% bonus. I'm currently a manager with 7 years of experience in public accounting? Is this is a competitive salary for the level of experience.

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Had a final Deloitte interview yesterday for a Workday HCM consultant in Chicago. Not sure I’ll get an offer but if I do what would be an appropriate salary for this role?

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Many of us are blessed to be off today. How will you care for yourself today?

Make a plan to do at least 1 thing for you! What will it be?

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What about you?

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If you’re a Gen Zer working in advertising or PR, what do you want to see from your agencies in terms of DE&I. Especially for Black History Month? Interested in getting a youth take.

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I am frustrated as a Gay Woman who has given her all for 30+ years grinding to be the best. I have been in closet, out of closet, in-between and am tired of it. I want to be VALUED as a human being. I have gone from Rock Star to problem when people "found out". I have trained and promoted hundreds of people and been passed over for promotions because of not being a man. I have trained men with less experience, worse results only for them to move forward. If Diversity is important...prove it!

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Hey! I created a bowl for DEIB practitioners and employers/hiring managers who need contractors or candidates .

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A Tesla put is so tempting right now…
Anyone else feeling the same?

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