Consulting Partner Salary Reddit Yeah there are multiple levels to partner I believe based in certain internal roles and years as partner I think first year partners in the US make about 320k base salary plus profit sharing and bonus id imagine it s an additional 300k So first year of 600k I ve heard of senior partners at my firm making about 1 7M
So 4m each Profit on 4m is probably about 1 5m Shared between the partner and the senior partner on the account The 1 5m also gas to support staff bonus and investment funds So at best base 500k There are a lot of the partners objecting to the senior partner model where effectively they are paying a tithe to the seniors Transitioning from life sciences industry to consulting 5 2d 12 How to choose which offices to apply to 11 21m 5 Is Transitioning from MBB Consulting to Industry Worth It and How Do You Leverage Your Consulting Experience 3 20h 5 Management consulting vs strat 2 10h 3 McKinsey Risk Practice 1 6d 3 F100 CD Corp Strat Comp
Consulting Partner Salary Reddit
Consulting Partner Salary Reddit
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Woman Sparks Debate After Asking Whether You Should Reveal Your Salary
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PwC Releases 2023 Partner Pay Staff Salary The Big 4 Accounting Firms
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McKinsey Company consulting salary 2023 Read more McKinsey Salaries Benefits McKinsey s salary for junior level consultants likely ranges from 100 000 to 140 000 per year while the figure for MBA level experienced Associates can be over 200 000 Engagement managers typically earn around 300 000 400 000 while Partners and Directors can earn up to 1 000 000 ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE PLEASE VIEW NEW REDDIT FOR UPDATED LINKS Salary diff use to be 20k and now its around 16k permalink embed save report reply imyourlobster98 2 points 3 points 4 points 6 months ago Consulting Digital Risk Senior 2 Senior 3 Differentiating 114 700 118 141 3
Most middle market companies use smaller boutique consulting firms that specialize in a specific service they are after and can make more than Big 4 advisory partners EY and Deloitte Partner Salaries Years 1 5 300k 500k Years 6 10 400k 1 3M Years 10 600k 3M Small Firm 10 50 people 140k 150k National Firm New partners equity partners are generally starting at like 12 to 15 of their revenue but they get larger raises so it evens out after 3 to 5 years That percentage is likely to get to 50 if a specific partner has non revenue generating roles like being office managing or stuff like that
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Level Consultant partner Years at firm just under 3 years 2021 Base 48k 2021 All in 48k 2022 Base TBD 2022 All in TBD Might be hard to compare with US based people To compare my salary is in the top 25 in Finland 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 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
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Consulting Partner Salary Reddit - New partners equity partners are generally starting at like 12 to 15 of their revenue but they get larger raises so it evens out after 3 to 5 years That percentage is likely to get to 50 if a specific partner has non revenue generating roles like being office managing or stuff like that