Did Strategy& decrease its U.S. associate salary and stop offering relocation?

Question

I received an offer letter from Strategy& for the associate role (entry level). The base salary is $85,000. Management Consulted lists the base salary as $90,000, and I know that website is accurate because they base these numbers off of real offer letters. There's also no compensation for relocation. Did Strategy& decrease its base salary in the last year? Have consulting firms in general decreased their pay in the last year?

I also am in a Masters program, so I was expecting more than $90,000, since most of the people who start in this role only have undergraduate degrees. Do consulting firms allow negotiations for entry-level roles?

Answer 1

Hi there,

This is a bit odd but not out of the question. Management consulted goes off of averages. A $5k difference is not massive and could be explained by your entry point, specific office, or other cirumstances.

That said, have you had a job before your Master's degree? If so, you should feel comfortable negotiating a bit. Reference the baseline $90k salary expectation based on market numbers AND flag that you will have to relocate and were hoping for relocation assitance.

^These are pretty standard negotiation points. Feel free to reach out and I can help you maximize your offer (Just for myself and advising a few close friends and I have now gotten around $200k in extra compensation across a range of negotiating scenarios)

Answer 2

Hello!

if you are certain about those numbers, is a good anchor point to kindly negotiate your offer (or try), also bringing to the table the points you mentioned.

I have been involved in quite some salary negotiations, feel free to PM me

Hope it helps!

Cheers,

Clara

Answer 3

This can vary depending on some offices and I haven't heard of reductions. Almost certainly you should negotiate a relocation package. I've also helped candidates negotiate offers up but this only applies if you have some experience. If so, I would say you should benchmark against other firms based on any friend's offers. What would most strengthen your position here would be to get a competing offer.

Feel free to PM me for any more info

Answer 4

Hi, Based on my knowledge from friends working there, the starting salary range for an associate is around $70-80k... (read entire answer)

Hi, Based on my knowledge from friends working there, the starting salary range for an associate is around $70-80k as base salary, On top of which you get a housing allowance... (read entire answer)