Hi!

Your salary is calculated based on your role and which office you are working in. Your previous position will only have a bearing on which level/role you enter at (e.g. associate, manager, etc.).

There is pretty significant regional variation in salaries between offices, where working in the Singapore office would offer a significantly higher salary for the same role as in the Kuala Lumpur office for example. This applies especially to junior positions.

In your case, your future salary when joining MBB will depend on what office you apply to and what level you are able to enter at.

I hope that is useful!

A

Hello!

In MBB, salary is region-specific. The window for negotiation is little.

Hope it helps!

Cheers,

Clara

Dear A,

Yes. Your salary will be negatively impacted if you go back to emerging markets, because overall salary base for these locations is a way lower. In general, companies have pretty standardized salary bands for different positions starting from junior consultant and so on. However, if you manage to switch from your boutique company to MBB or Tier2 firm in the future, your salary will significantly increase. And if you would be able to make a step towards MBB or Tier2 in developed countries. This will substantially increase your salary. Throughout my consulting career I have managed to double my salary within just 5 years.

If you need any specific advice or tips for that, feel free to reach out.


Best of luck,

André

Hi there,

your previous job salary won’t impact your salary for a defined position in MBB. The difference in salary is only related to the position you join and the office you apply to. Thus, you can join the boutique without worries related to that.

Best,

Francesco

Hi there,

To specifically answer your question about MBB pay - this is region specific. I.e. the region you apply to, not where you are applying from.

For example, an MBB Consultant in the same role in the NYC office will receive the same salary whether they applied from Kenya or from Germany.

Hi there,

Consulting companies have almost fixed compensation schemes for all new joiners regardless of background. (if you join as a consultant, you will get paid similarly to other consultants in that office).

Best of luck

Khaled

Hi,

Your MBB salary will not be benchmarked against your previous position. The salary of a particular position in that geograpy will be the same, irrespective of your comp previously.

Thanks,

Nirmit

Hi Anonymous,

Your salary will not depend on your previous income directly - it will be defined by your role and region.

Hope that helps - if so, please be so kind and give it a thumbs-up with the green upvote button below!

Robert