Reddit consulting salaries.
Digital transformation consulting firms and internal roles.
Reddit consulting salaries 92 salaries. “In 16 years of producing the report, this was just the second time that Management Consulted recorded a stagnation in year-to-year salary levels. The 2021 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms – McKinsey, Bain and Boston Consulting Group (BCG Technology/Management consulting analyst (ACN L11) 27k (29k before EOY and before salary review for National negotiation), i hope in 30k+ for EOY Health insurance, Life Insurance (2x Gross), 1. Don't know about pay at other levels. Doing the math, with the original salary of €45k that they offered - it will translate to a salary of €90,000 to €101,250 in the USA. You would get that after 2-3 years. Pero mahirap nung una since fresh grad and no idea sa SAP. Average salary of ~$275,000 per year. 2 years of work earned me enough experience to get into entry level ERP consulting. 25x less than the USA. Anyone on here have a sneak peak on what that will be at each rank? 323 votes, 53 comments. I have 5 years of experience, am leading your way projects in two HCM doma There is just more demand for US labor. More info about the salary survey can be found on the subreddit wiki. With 10 yrs experience you should be hitting SC. My city's COL is on average about 3-6% higher than the nationwide average for COL. Now that I am in a T10 MBA program and am seeing that a full time tech PM role can pay ~250K total comp (a good portion of that is stock). Said differently, salaries will be higher in general in the US, not just in consulting. The following is a non-exhaustive list of topics that should be submitted to the recruiting or new hire stickies: basic questions about consulting and consulting firms This sounds like the salary ranges companies put on their hiring ads due to state salary transparency laws. Old & new salary Bonus Happy with the outcome? (scale of 1 through 10) Anything else? Also, please add your salaries to the Big4Transparency website. Offer 1: 144k salary, 40k sign-on Offer 2: 115k salary, 30k sign-on, up to 25% performance bonus Hope this helps. Try BIG4 in Milan, Italy, 40/45K for a senior consultant, 42% taxes, and 1K just for a 35m2 apartment. That could be way higher if you're in consulting or auditing. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Salary is good Ik consulting gets paid higher but I am in MCOL and my intern offer for GRC was 81k you are defintely getting fleeced. Monthly consulting pharmacist salary question? My wife is currently a pharmacist in charge at an independent pharmacy but has been asked to be a consultant pharmacist at a detox center. Jan 2022 - July 2022: Sr Decarb Consultant (GHG accounting and decarb planning), 118k TC (112k salary + 6k bonus) —> I applied to this on my own Aug 2022 - present: Sr Manager (in-house corporate ESG reporting, focused on GHG, sustainability and climate strategy), >200k TC (160k salary + >40k bonus) —> I was headhunted for this 48 votes, 51 comments. Just focus on the experience and not about what you’re getting paid. EY-Parthenon offers a higher amount of bonus and additional pay compared to EY Consulting. Level: Associate / Consultant (Post MBA Role, no MBA) Years at firm: Coming up to 1 (Experienced hire from other consultant) 2020 base: £90k 2020 all-in: ~£100k Incl Sign on 2021 base: ~£100k, estimate but unconfirmed. The average additional pay is $10K per year, which could include cash bonus, stock, commission, profit sharing or tips. If you really want to know you can take your hourly pay and prorate that into a full-time salary. I also do a lot of statistics and data analysis. Started my career at 35k. Mid 2019- Mid 2020: Choose to resign and look for other opportunities since no promotion and increase. So that makes €17. 7 figures in LCOL areas can be insane. 000. About a year now. For example, McKinsey analysts or senior managers at startups apparently earn this much? Usually McKinsey salaries are a good benchmark for top-tier roles in business in my opinion. Experience: 4 years, left at a Senior Consultant level Highest Education: Bachelor Total comp before leaving B4: $115k/yr Exit Opp Comp (base salary, signing bonus, and expected performance bonus): $210k (155 base, 55 in cash/stock bonus). The jump to senior is much higher though. 2M equity per year approx Not actually in Canada yet but will be moving and have my relocation salary offer. I will start an MBA this year, and would like to shift to MBB. B4 & Boutique firms have many non-MBA and non-strategy consultants that weigh down their averages. Bilingualism isn't a perk anymore as it's expected of you nowadays. ¯\_(ツ)_/¯ Hope it helps. the salary world vary. 2% extra pension contribution, full remote. 75 GPA at a PwC target and feel like I have options, so I want to make sure I choose a career where I can still make around 90k+. We think we are better because we are white collars, but we are the poor and exploited modern working class. About 70% direct employment. 500 instead of €25. 2016-2019: SAP SD and WM/IM yung module na napuntahan. The 'generalist' schemes at the big4 aren't in the same ball park as NY for whatever reason, as you say. Did some research on Glassdoor, and as a reference I found salaries in the ballpark of 1M$ pesos per year gross. 000 Salary. But expect no less than 650-700 as a fresher. For context, a BA makes as a base salary 35K€ vs Associate that make 90k€ in Base (150% more) whilst in USA the difference in base would be something like 70-80%. 5k bonus 2023 SA3A: 120k + 10k bonus Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. IDK for bonus, i didn't have one last year. But not, entry level doesn’t make bank. Staff 2 to Senior 1 pay gap also shrank by like 4k as well. I feel like the salary transparency laws should have a clause in there that the range can only be a 20% range(10% each direction). If you are coming from a T-20 program, salaries seem to be similar across consulting at all levels for high performers. . This is not my first employer. 3k bonus 2022 SA1A: 96k > 100k > 106k (midyear promo, 5% market adjustment, and then moved up to SA2A after CRTs) + 9. I think these are definitely higher end of corporate finance offers, but again the cities these are in are very expensive, so it can be a misleading. Some numbers from 2017 Median salary, 11-15 years exp: 115,000 Median salary, consulting: 120,000 Median salary, Midwest: 110,000 Source Get the Reddit app Scan this QR code to download the app now I forgot to add that these partners base salary was $250K–$400K. Salary diff use to be 20k and now its around Dec 2, 2024 · Salary Sharing Survey. This means inflation has eaten up over 10% of the income for most people over the last few years, at least at grades up to Manager (I haven't checked beyond that). Then jumped to smaller company to make $185k. First year partners in consulting pull in around 700-900k, which is similar to director level at big tech. Growth in management and tech/backend consulting is very different. A community for consultants across industries. FKING RE-DONKU-LOUS!! I started out with 80k at staff 1 and now theres a 14k diff between the same ranks in less than two years? Next year Staff 1's are gonna be making the same or slightly lower than staff 2s from what I'm seeing on here. In consulting, the minimum pay for a Deloitte senior consultant of $100,000 is on par with an Accenture team lead or consultant. The minimum pay for a Deloitte director of $190,000 is above that at PwC (from $184,800) and below KPMG (from $200,000). At EY, a Consulting Manager makes between $141,000-217,000 a year, while an EY Parthenon Consulting manager's annual salary is around $183,000-285,000. Consulting has good pay and is very prestigious in its own right. Consulting Entered as consultant, promoted to SC in 2 years and 4 months Starting salary $70k, no bonus and a shit ton of OT that they never paid. There are online calculators for that. At entry level, pay is somewhat similar (very rough estimate: ~$90K for consulting vs ~$110 for IB). Learned a lot and made some lifelong friends who helped get me into consulting. Salary between 90-100k. Look at medicine if you want another conspicuous example of the pay gap, where US doctors probably earn more than 2x their British counterparts. com) The world’s most prestigious consulting firms have frozen US starting salaries for new graduates, as a war for talent that sent pay soaring after the pandemic gives way to tougher competition for jobs. From what I know, base for FC is around 75 for FC -110 for VPFC in Texas. Even after converting the disparity is still huge. Practice for the case interviews - if and when you get serious about getting into consulting, you'll inevitably have to overcome case interviews. Does a good breakdown of how years of experience, location, and industry/title correlate to salary. Just got a call from a recruiter (I have an offer on the table). I am a recent ASA, 2-3 years of FT exp. She would be needed for about an 1 hour monthly and would want her name on license as well. How good or ba Hi all, I am a current college student graduating soon, and I have been offered an Analyst position at a small economic consulting firm in a major city in the US. They were the same total comp. Also, many 2022 grads aren’t at those pays yet since those are offers for 2023 hires which start next year. BIG4 employees are just glorified working poors. Seeing a lot of questions about this, so wanted to make a thread that could hopefully consolidate everything and make it easier for everyone (how consultant of me lol). Additional: COVID slowed hiring, but no pay cuts or layoffs. Depending on what you do (accounting, cyber, data analytics, etc) and what practice you’re in (GPS, Consulting, etc) and where you are…. 5k of gross income plus 140 euros a months of food stamps :') A Senior consultant would hoover around 40k plus some bonus, just shy of 100k from the us salary. Moved to director role in a company with 10k employees a few years back. These are the old responses to the previous survey. Share your current compensation and review the data submitted by other users in the two links above. This doesnt count transport, food, entertainment, clothing, other savings, kids college fund, paying off student loans, medical emergencies, etc. ” Not surprising. For those of you working in the field, does this salary sound consistent with an entry-level position? Intro: Welcome to the third annual r/Environmental_Careers salary survey! (link to previous threads 2022 2021) This post is intended to provide an ongoing resource for job hunters to get an idea of the salary they should ask for based on location, experience, and job title. Most of our SCs are in their late 20s and have 5 years of experience (non-MBA tech consulting). 12 Certifications. Jan 5, 2022 · The COVID-19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. com it's pretty accurate and will give you a range and average salary broken down by roles and locations. IMS Consulting Group MBA Salary. Kill me plz. I work at deloitte and know their salaries, since its my salary, as a consultant you make around 3. The strategy sides are more on a par (S&, probably EY-Parthenon, not sure about KPMG/Deloitte), with £50k first year comp, give or take. **Salary evolution:**Net payments include the net allowances shown below. And it really takes a special personality and skillset to succeed in ERP consulting. There is no way over half my class was in the consulting club or actually took consulting recruiting seriously. Climbing the ranks ever since. FAANG LCOL (remote) Product Manager Director $322k base, 30% bonus base, $1. Boutique supply chain consulting firm North East USA - HCOL (but I could move anywhere in the country and work fully remote if I wanted to without change in comp) Non-MBA masters degree from European University Consultant Level 2. To the UK people complaining on salary compared to USA, the market is also like this in the EU, I could make a cure for cancer and still not get €100. You're right, there's a alot of tech implementation project potential here. Fidelity pay usually seems low but at the minimum you’ll usually get 10% bonus + 10% profit sharing + 7% 401K match. This led to him EY Parthenon is about to release their new salary levels by rank (associate, senior associate, consultant, director, senior director, PPMD). Is this typical? I have a 3. Hi, I've recently made a switch from 5 years of management consulting into a Sales role in a SaaS company. I saw a post the other day asking about salaries for admins/users and was wondering what recent consulting salaries are looking like. I want to add that consulting can be frustrating at times, especially in the beginning. Consulting Salaries in the Middle East . As a new FCAS I interviewed with a few companies and got an offer from a consulting company (WTW) and an offer from a major carrier. At the junior level (<4 - 5 years), bonuses comprise of 5 - 20% of your salary (so less lucrative than IB and possibly management consulting) and vary depending on your individual performance and your billable hours. Moved from manager role at $115 to $150k. Then calculate the € to $ exchange rate, it’s safe to say that your counterpart in the USA will be making ($98,500 - $111,000). I think those are more international experiences though (but still highly relevant as this is a global industry). The survey and response spreadsheet have been updated as of November 23, 2018. Hi All - I am interviewing for a consultant/manager role (yet to be determined depending on how well I do - currently on deck for a case interview). Management… From what I know, base for FC is around 75 for FC -110 for VPFC in Texas. Link to 2022 Comp Thread: 2022 RSM Compensation Thread : Accounting (reddit. Again, enjoy the experience and congrats on your offer. If anyone is looking for more data points please checkout glassdoor. Hired as a consultant in GPS. Regarding salaries, what you bring to the table in terms of experience is what matters. C goes up to about 75+10 SC is about 85+10/15 or more entry and goes up to 120+. For MBB, CAN salaries are +/- 10% in nominal terms so 15-30% lower in same-currency terms. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. But total comp is usually at least double that. Take for example an EM making TC 120k€/y in Spain - this salary is a VP level salary at a big corporate in Spain for example. The average Consulting Analyst base salary at Reddit is $122K per year. I delayed getting my MBA because I was comparing base pay after school to my current base pay in tech consulting (~120K). I wanted to know how much starting pay would be at the consultant or manager role in this group? The internal ACC recruiter said $140K-$150K is mid range at Consultant level. I guess consulting does give one the option to work as partner or senior partner from LCOL, which I think is very hard for senior execs in tech to do. But with Saudis being hired out of Riyadh office now, you no longer get those benefits. The views and opinions expressed here are those of the authors and do not necessarily reflect the official policy or position of FTI Consulting. This has all really come about because my mate (5 years into consulting for Accenture and he seems to be killing it) was complaining to the rest of us that he 'couldn't really afford' to pay for the villa we want to rent out next month. : 0 Total comp: 29,000€ * *Total compensation is based on 20 hours a week + 8% employer paid pension + 12. 5 years at firm, 5 years total experience, all in consulting 2021 base: 101k 2021 all in: 109k This was roughly my starting salary in London also big 4 Take home pay ~£2,100 (after pension contribution) £800 rent (flat share in nice modern place) £200 ish share of bills £200 groceries (groceries are cheap in London) £0 commute (don’t need car, at this time I could walk to office and also WFH. Total comp $220,000. There might be minor deviation in salaries. Posted by u/636f6f6c677579 - 1 vote and 1 comment Are you an AIChE member by any chance? If so take a look at their annual salary survey. I'm interested in looking at insurance companies but not sure what to expect in terms of salary. 2021 A3: 79k (my group moved to consulting and they gave large adjustments post-covid aftee the salary freezes for 2020 CRTs) + 6. 000 salary Exactly, they complain that salary is very low. MBA hired with 3 years of prior experience in engineering. Survey Responses. Hot topics that are in high demand are the newest topics, cpi and everything around integration tools, api management. After 3 years of experience nakapagdemand na ako I'm currently at a large consulting company making around $100k salary as a health actuary. But also incredible to reflect that when I started, my salary was about half of what we offer new undergrads these days. They pay pretty ok. Throwaway account for obvious reasons. That's the takehome after 401k/insurance for a $250k salary. Perhaps somebody could help shed some light on this but management consulting in the UK seems to be far less attractive than it is in the US. I’m coming on full time at EY at Tyson’s in August. I can't speak for all econ consulting firms but my impression is that bonuses are fairly stable relative to other cyclical Please note that all intro to consulting, recruiting, and new hire inquiries should be posted in the appropriate stickied threads at the top of this subreddit. I know some Indians that opened IT services firms with outsourcing to India and are making bank. At my company, entry level is 60+5. Its not only that the BA salary are low but also the difference between BA salary and Associate salary is striking vs other countries. It's a seven figure / yr job. Hi, I looked at this to see the salary range, and I noticed that what appears to be the entry-level for consulting has a min of 61k. As far as career trajectory goes, I went from C to M in 5 yrs. Best thing I ever did with my career was being a business SME who could both provide business relevant information AND totally shadow my consultants. Where details are not relevant, I've rounded numbers. FY 2023-FY 2024 Reddit Salary Insights Results: Consulting Platform (Tax Consulting, Deals, Transformation, Cloud & Digital, Cyber Risk & Reg, Managed Services) I currently work at a Big 4. Most people believe that MBB salaries are always higher but our experience has been different. So auditors didn't really pursue this option. I think hiring is now returning (at least at campus level) View community ranking In the Top 1% of largest communities on Reddit. Reply reply More replies More replies More replies More replies Aboomination Between 50-100k EUR a year would be the range but will be dependent on where on the supply and demand curve you stand. These salaries are real but, keep in mind, students who get into consulting are the top students from the top schools. Partners lead client engagements with the help of Engagement Managers who manage the day to day operations and delivery. Oh yes same as Italy As a first level consultant in the energy field I take home 27. Unofficial subreddit that is not affiliated in any way with FTI Consulting. Jun 6, 2024 · The estimated total pay range for a Consulting Analyst at Reddit is $112K–$156K per year, which includes base salary and additional pay. These were the people who joined the consulting club, attended consulting treks, and actually cased. The people who do make that as a starting salary are generally based out of Dubai, so they get additional cash for per diem. Also most people in consulting work more than the standard 9-5 and thus are being paid for working more hours than someone in industry. Hoping some one will be able to shed some light on future expected comp for those in the consulting industry. For example, EY Advisory in London (base salaries pre-tax): Consultant £30k - £35k Senior £50k - £60k (avg £53k) The salary levels for a particular grade today are still the exact same they were when I joined. Yes, I put generally since it’s in the ballpark and it seemed like OP wasn’t aware of consulting salaries. 12 years experience, 101k, Miami (work remote), project manager. Besides ERP projects are mainly cyclical and to get into a good project requires luck as well. Hence ya ERP consulting is the less fancy side of consulting and don't earn as much as strategy consulting. 5 years ago. Above average salary. The estimated total pay range for a Consulting Analyst at Reddit is $112K–$157K per year, which includes base salary and additional pay. Now as an SC makes $80k + ~5k bonus. I was recently promoted and am wondering if I’m being underpaid. working in consulting and Generally speaking, salaries in Europe are 2 to 2. Also mind that the employee gets roughly 14months of salary, not 12. So the wife and I will need a $400k salary to basically live in an old home with a 2 hour daily commute driving leased Hyundai's. 276K subscribers in the consulting community. Started my career as SAP SD consultant. Salary costs for the consultant need to be increased by social security costs of the employer, the car, insurances, other benefits, IT equipment, training costs and all the overhead functions etc. €80. Recently, BCG has increased the salaries of its Hi everyone! I recently researched salaries across European countries and it seems that gross salaries in Netherlands at manager level at big4 companies are way below compared to Luxembourg, Germany, UK, According to glassdoor, manager's gross salary is only 66k in Netherlands while in Germany it is around 90k, Luxembourg 80K and UK 70K. Yes, Partners do very well. The following is a non-exhaustive list of topics that should be submitted to the recruiting or new hire stickies: basic questions about consulting and consulting firms Not as a starting salary. So consulting firms have to pay accordingly to attract talent. However, MBB salaries are super high, and in southern Europe countries for example, much higher than regular compensation even at director roles. Please note that all intro to consulting, recruiting, and "tips for new hires" inquiries should be posted in the appropriate stickied threads at the top of this subreddit. I’ve found Deloitte is usually at the lower end of the pay scale, especially for cyber salaries. 5% vacation benefits There's a sub-reddit at r/consulting - do check it out. Average salary of ~$800,000 - 1,000,000 per year. Signing Bonus: $25,000 If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. Anyone on here have a sneak peak on what that will be at each rank? Perhaps somebody could help shed some light on this but management consulting in the UK seems to be far less attractive than it is in the US. The salary levels for a particular grade today are still the exact same they were when I joined. Title is Salesforce Lead which means I am managing a small team (5 persons) and doing some projects also. I'm pretty sure Consultant salary range caps at $120K. I think the similarities are quite big: in both jobs it is key to understand your clients wishes and perspectives, high pressure and long hours are expected, analytical skills as well as emotional intelligence are important etc. Consulting, 1st to 2nd year Manager, current salary $165,000 merit $15,000/9% new base $180,000 AIP $40,000/24% + $1,000 additional awards. Posted by u/MarketMan123 - 3 votes and 24 comments As I've seen some questions on Consulting / Big 4 salaries, I thought I'd share my personal salary evolution here for your information. Unless you end up working on one of the projects outside of Riyadh. Title says it all. Reply reply Company/Industry: IT Consulting Title: Junior Consultant (part-time / student job) Tenure length: 1 month Location: Denmark Base Salary: 23€/hour Bonus: 0 Stocks, Retention Bonus etc. The offer is for $47K, which I find to be pretty disappointing. Digital transformation consulting firms and internal roles. I work in the „legal“ consulting department of a big4 and SM salary is about 140k in paid salary and the rest of the glassdoor 180-200k might be the bonus. McKinsey is raising base pay for new BAs $10k, from $90k to 100k. When viewed in that context those salaries really aren't that unreasonable. Could anyone shed some light on the salary progression of an MBA (non-MBB) consultant 5-10 years out? No need to discuss partner comp due to variability. Exit opp company/industry/role: consultant at a FAANG in a high demand field That was 3. So with all benefits youre probably around 4k gross plus a bonus and 13. According to the article, this is the Ernst & Young Undergraduate Salary in the US Signing Bonus: $3-5,000 Base: $70,000 Relocation: $1,000 (2,000 miles +) Performance Bonus: up to $2,000 7 years experience. 180k to my knowledge is about base salary of a director i think IB has better pay and prestige especially higher up. 3 gross plus car insurance eco cheques and meal vouchers. Daming learnings. For example, the company wants to pay 75k, the range should be 67,500-82,500. Salary is literally your lifeline and people should be transparent about it. McKinsey Partner Salary: Partners build and maintain client relationships and this is generally a “sales” role. As someone who just finished my MBA at a T20, I’d say about 40% of the class actually put effort into consulting recruiting. And also what line of service you'd be working in. Management… The estimated total pay range for a Consulting Analyst at Reddit is $110K–$158K per year, which includes base salary and additional pay. wyymilwhvfbiypkqunbdpxymflqbppbkpqozalqajyegxgcdikafspmxhabiehmmzmmcvnkqptkgduttu