Tier 2 Management Consulting TC

Splunk
data125

Go to company page Splunk

data125
Oct 31, 2021 57 Comments

How much TC to expect at Partner level at Deloitte, PWC, EY Management consultants focused on Tech advisory practice ?

I guess McKinsey, Bain etc. are scaling their Tech advisory practice and ready to pay top $s, but not sure what the next tier would offer.
Also getting in at Partner level at tier 1 firms is almost impossible, while I am seeing the Tier 2s are more open.

YOE = 20+
Tech masters from top Univ. and MBA from Top 5 business schools.
Current position = Director / L8 at FAANG
TC = $1M+
#consulting

comments

Want to comment? LOG IN or SIGN UP
TOP 57 Comments
  • Amazon
    boreder

    Go to company page Amazon

    boreder
    Average big 4 partner will make around 500 - 800k gross, a MBB partner makes around 1 - 1.5 M. Lot of the numbers given here are highly inflated. Source - My dad is a Big 4 partner.
    Nov 3, 2021 8
    • Amazon
      boreder

      Go to company page Amazon

      boreder
      Facebook’s understanding of how equity and units work is very wrong. No partner is awarded any units. They are promoted to different levels of partnership based on their performance and as you get promoted you are required buy more equity out of your bonus.

      Also, I never mentioned how much my dad earns. No need to get personal here. The number I quoted was based on various detailed discussions I have had with my dad and his colleagues.

      And if you want more evidence, just go to linkedin and see number of Big4 /MBB Partners making switch to big tech in variety of roles. You will find a lot of them.
      Nov 4, 2021
    • KPMG
      Olfa

      Go to company page KPMG

      Olfa
      My understanding has always been about a million with the obvious exception of very senior partners who are clearly making more. Over 20-25 years it must really add up, and the pension benefit has to be great. It’s a hustle though- I got exposure to the sales cycle and just didn’t find it worth it so went to tech.
      Nov 4, 2021
  • PwC
    w00ji

    Go to company page PwC

    w00ji
    Partner level consists of sales/relationship/network nurturing. T2 consulting might work if leveraging MBA network with c-suite/PnL roles are active in hiring your skill set/domain expertise (strategy/implementation work).

    Keep in mind, each T2 has a T1.5 strategy group (S&, Monitor, Parthenon, etc), so you may be better suited to that vs. T2 partnerships.

    A S& example could be 3-mo strategy project @ $11M vs PwC 12-mo implementation project @ $10M.

    Big difference in rate cards and resourcing which affects your Partnership distribution.
    Nov 3, 2021 2
  • EY
    Kenobi

    Go to company page EY

    Kenobi
    Considering stock appreciation at FAANG, moving to consulting seems to be a rather risky move. The range can vary quite a lot based on performance and sales.
    Nov 1, 2021 0
  • Hi OP,
    Your TC is already $1M+ as director of FAANG. $1 M is probably the higher end of a partner comp at tier 2 shops. Average is usually much lower.

    Not to add the ridiculous hours and sales pressure...I'm sure as director FAANG, you have pressure too, but sales pressure in tier 2 is a whole different ballgame.

    You are already winning at this game called Life! No need to swing for the fences right now.
    Nov 3, 2021 3
  • Why on earth would you ever consider doing this?
    Nov 3, 2021 0