Hello everyone!
does anyone know how different is Riyadh/Middle east pay office for MBB compared to the US office? Because I have heard it’s in the 80k-90K year for BA in middle east however i also read that there’s a new pay raise for MBB companies and i wonder if that’s 80-90k in middle east is pre or post the raise.
P.S. i have checked fishbowel and glassdoor their information are invalid and totally out of the normal range
thank you all!
Likely 80-90k is post raise. For context in 2019, BA salary was at approx 70k and associate was approx 130k (oliver wyman was 90k then). Middle east is closer to the US than Europe, but my guess is the US is slightly higher gross but you may end off better net, depending tax rate etc.
Hi there,
Honestly, I don't know yet if ME has increased salaries as well. I *think* the answer is no.
My understanding is that, yes, $80-90k is the range for MBB in ME (in general ME will be around 10-20% lower than the US).
Definitely don't use fishbowl or glassdoor :) (I like managementconsulted for salary data)
Hi there,
I would expect 80-90k to be post-raise.
Best,
Cristian
Hi there,
Some good answers here already on the figures. I just wanted to add my two cents:
Cheers,
Florian
Hello,
I've been hearing $80-90K (base rate) for ME recently, which I think is post the raise. I think Florian also raises some very valid points about taxation and cost of living - I would definitely recommend factoring those into your salary considerations!
Is that 80-90k total comp or base salary? Thanks!
Base. No bonus usually for BAs in Y1, then dependent on rating. For top 3-5% of the class it's usually 3 months base, for top 20% it's usually 2 months, and for most others it's usually a month
Oh too bad, last question, what’s the post raise associate salary in riyadh? Thank you so much!
My understanding is 7-10%
Super useful!