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Anonym A
am 2. Apr. 2023
Global
Ich möchte Updates zu der Frage per E-Mail erhalten.

Salary by Nationality Riyadh

Dear PrepLounge Community,

I hope you are all well!

For Tier 2 firms in Saudi Arabia, does the pay vary significantly between non-Western expats and Western expats? I am Malaysian and I am worried that the salary would be significantly lower than for Western expats, even though, I have been living in the UK for the past 12 years and have both my master's and bachelor's from a UK higher education institution. 

 

Is there any possibility of negotiating a salary when I receive an offer to better improve it? I am asking from an entry-level consultant perspective.

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Francesco
Coach
am 3. Apr. 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success: ➡ interviewoffers.com | Ex BCG | 10Y+ Coaching

Hi there,

1) For Tier 2 firms in Saudi Arabia, does the pay vary significantly between non-Western expats and Western expats?

Normally in consulting the base salary for a given position is fixed for everyone. What you can normally negotiate is:

  • The signing bonus
  • The relocation bonus
  • The seniority you join 

2) Is there any possibility of negotiating a salary when I receive an offer to better improve it?

Yes, you can normally negotiate on the points above.

Good luck!

Francesco

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Cristian
Coach
am 4. Apr. 2023
#1 Rated McKinsey Coach | Top MBB Coach | Verifiable success rates

Hi there, 

I've never heard about this before. 

The salary bands are usually fixed for the role. What they negotiate is rather the signing and relocation bonus. So if I were you, I wouldn't be concerned about it. I would be honestly shocked if they gave you a different compensation because you're not western. 

Best,
Cristian

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Hagen
Coach
am 3. Apr. 2023
#1 recommended coach | >95% success rate | 9+ years consulting, interviewing and coaching experience

Hi there,

I think this is an interesting question that may be relevant for many people. I would be happy to share my thoughts on it:

  • First of all, please rest assured that base salaries at strategy consulting companies are fixed and that there is nothing to worry about.
  • The only differences in total compensation could result from the performance-based bonus or other, smaller bonuses, such as the one you may receive by successfully providing a referral to someone new to the company.
  • Lastly, while these are non-recurring effects, differences in total compensation in the first year could also result from signing bonuses or relocation bonuses.

If you would like a more detailed discussion on how to address your specific situation, please don't hesitate to contact me directly.

Best,

Hagen

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Ian
Coach
am 3. Apr. 2023
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

I would be truly shocked if it did! MBB have very strict pay bands and keep their role compensation in lockstep.

The way they “get around” this is through sign-on bonuses as well as annual/performance bonuses.

In general, you should negotiate (I doubled my signing bonus from $20k to $40k). That said, as an entry-level consultant there won't be too much wiggle room.

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Andreas
Coach
am 3. Apr. 2023
McKinsey EM | Top MBB Coach | >70% Success Rate | Free Introductory Calls

Hi there,

salaries are fixed - nothing to be negotiated. You can negotiate signing bonuses (depending on location).

Andreas

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