I know that starting salaries in the US are 160K-170K + bonus in most firms. How do salaries + bonus change as one goes up the ladder and becomes a Senior Manager/Director?
Senior Manager = 4 year at the firm I assume
Director = 6 years at the firm. Base + Bonus?
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Hey!
RANGE SALARY
Senior manager : 130-150K$
Director : 150K-220K$
Partners : 300K$-500K$
BONUS
Director : 10-25%
Partners : really depending
I don't know where you get your numbers but that is pretty high.
You tend to have a ~30% difference between the starting levels of each rank on the base salary. Variable may go from 10%-25%-40%. This depends on the country.
Not sure about partner, though, but as far as I know partner salary actually goes down and variable goes to the roof.
Hi there,
So the discrepency here from Mounir's answer is that MBA hires into the Consultant role at the Big 4 do tend to get paid higher (so, $150-160k).
It takes around 6-8 years to reach manager level and the pay range in the US is $200-220k
Director takes around 10-15 years and compensates $360-400k
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