Hello -
What is the advantage of taking part in recruiting and interviewing candidates at MBB aside from the primary consulting job ? Do they get paid more for that? does it help with their performance ranking / promotion ?
Hello -
What is the advantage of taking part in recruiting and interviewing candidates at MBB aside from the primary consulting job ? Do they get paid more for that? does it help with their performance ranking / promotion ?
At BCG in the US, we had no choice: We were assigned recruiting commitments (either interviews or events) and needed to fulfill these.
They can be fun (especially interviewing) but it can be a burden if you're on a busy case. I sometimes took on additional interviews as I enjoyed these a lot.
If interested in getting even more involved, we could take on temporary recruiting roles (e.g., lead the recruiting of PhD candidates within a region for 3-6 months). These roles were quite popular as they are typically less stressful than caswork, no travel requirements and often more fun.
Best,
Seb
Hey there,
There is some upside to it.
General pay is unaffected, however, you could have a higher bonus payment since every engagement apart from your day-to-day consulting work adds to your performance rating, which influences your bonus.
The same holds true for the promotion. Additional work you take on can favorably influence your promotion window via the performance rating.
On the downside, you have 1-2 Fridays per month blocked with non-project work which can make those weeks a bit more intense (even if communicated early with your team).
Cheers,
Florian
Hi there,
There is no “incentive” so to speak for doing (financial or career-wise). However, it's a good look and gets you brownie points so to speak. Additionally, consultants may also be “voluntold” to attend the events, i.e. it's expected.
No - people do it because they enjoy doing it and they are taking on the responsibility of ensuring the firm continues to recruit the best talent. This is a service you provide to the firm in addition to being a consultant. While it does not impact your rating or pay, once you are a partner you are expected to contribute to the continued growth of the firm in ways outside of serving clients.
I agree with Udayan.
From my experience mostly those who genuinely enjoy, get involved in recruitment. To get something in return (pay rise, promotion etc) is not the right way to look at this. If you enjoy doing this and add value, your contributions will be recognised.
It can help with performance. Consultants are expected to do more than just their case work and contribute to the firm. There are many options to do that, recruiting is one of them - and one of the easiest and more fun.
So if you do a good job, it can positively nudge your performance / promotion and bonus. But take it with a grain of salt, as it doesn't by itself guarantee any of that, but instead as part of your overall performance.