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Compensation in Consulting

This bowl is to discuss compensation and benefits for Consultants

85.6K members
  1. Associate Partner

    Partner at $450k TC plus equity at a boutique TMT shop. Am I being compensated fairly?

    4
  2. Management Consultant

    I saw a report saying people need just $1.2 million saved in order to retire. How close are you guys to this goal?

    2
  3. Consultant

    Hi all, I am currently struggling with this and hope that I could get some insights. I currently have an offer to move from project management consulting to wealth management consulting but would be t...

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    1
  4. Consultant

    To those that have holidays preset by countries, would you prefer that you get floating days off that you can have on other days or stick with the holidays themselves? We get Friday off for the 4th of...

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    1
  5. Consultant

    Does it still make sense to hop around a lot for work? I know that the largest bumps happen when you switch firms but with the current market is there any change in the calculus in others experience? ...

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    1
  6. Consultant

    When you receive a new offer, how high do you aim your counteroffer? I always want to give some room for negotiations to be productive without leaving anything on the table.

    2
  7. works at EY

    MD's in tech consulting at EY. How much do yall make?

    3
  8. Consultant

    I am looking to potentially join a firm that is mainly a family operation. Is this a big red flag or is it usually not? It seems like I would be working for the youngest one which has a bit of experie...

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    4
  9. Consultant

    If you could start up your own firm, would you go through with it? Have a friend that is trying to get out of his firm and spin up his own thing once his 6 month non compete ends and wants me to poten...

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    1
  10. Consultant

    They're saying you have to earn at least $100,000 to be considered middle class now. Then how much do you think you need to earn to be upper class? I always thought $250,000 would do it.

    1
  11. works at Bain & Company

    Apparently there’s good word that McKinsey & Company salaries are increasing. Anyone have additional detail on this / can confirm or deny?

    6
  12. Consultant

    I have been getting a lot of what seems targeted videos about CoastFIRE or having enough saved up early that I can just coast or work on what I want to do. Would this be something that you would consi...

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    1
  13. Consultant

    If you were given the option to continue working would you, at least in consulting? I am coming into a decent inheritance that if I relax I can fortunately live off of it for a long time living modest...

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    3
  14. Consultant

    How willing would you be to get paid in something that isn’t fiat currency? Stock options and equity are great but how about other alternative assets such as gold, crypto or anything else. For me I wo...

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    2
  15. Consultant

    I currently have an interview to go to a firm that is quoting traveling twice a month and then not working for the month of December on break. The break would not be paid but they are quoting a salary...

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    1
  16. Consultant

    Realizing the person you report to is basically a complete moron is a hard blow, no? How challenging do you find it knowing that the people earning more than you have the intelligence of a potato?

    2
  17. Consultant

    How much of a leave of absence would you consider alright to be on a resume? I am considering taking a year off of work and currently have 8 years of experience in management consulting for US. Would ...

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    2
  18. Consultant

    If you take some time off, say a year or two, but you spent it doing research (to maybe create a startup or move laterally in the same career but a different interest), do you come back looking for yo...

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    1
  19. Senior Consultant

    How much does your employer match your 401k? Ours is 8%.

    2
  20. Consultant

    How much of a pay cut would you be willing to take in order to have a job that wasn't crushing your soul? Asking for a friend.

    2