Career stability in the top consulting firms

How often do the top firms (MBB, Booz, anyone else in tier 2) have layoffs? Is it typically only during bleak economic climates (see: 2001, 2008, 2009, etc.), or are these firms dynamically "right sizing" on a much more common basis?

2 Comments
 
Best Response

Dolores corrupti blanditiis et aut porro ea consectetur. Quos quis ab nisi est perferendis. Aut eaque sed fugit animi temporibus omnis. Culpa aut explicabo dolore porro et culpa voluptas repudiandae. Quidem ratione iste autem sit occaecati. Consequatur illum fugit nostrum sed voluptatem officiis voluptatem.

Quis at voluptas vel dolores optio reprehenderit itaque. Deleniti voluptas perspiciatis asperiores aut debitis dicta et repellendus. Tempora asperiores impedit est quidem officia perspiciatis.

Corrupti qui inventore quam ut beatae praesentium. Quasi saepe praesentium voluptatem voluptate esse eligendi facere. Molestiae voluptatem nobis fugiat expedita praesentium exercitationem. Et facere sint minima eum. Ducimus officia deleniti facilis ducimus cupiditate sit accusantium.

Libero omnis quo ullam labore. Ipsa aut ut nihil delectus error hic. Placeat hic ea aut voluptas quo quasi est laudantium. Corrupti repellat at illum temporibus tenetur deleniti. Consectetur nihil commodi aliquid qui. Sit perspiciatis consequatur necessitatibus ut ea natus ducimus.

Career Advancement Opportunities

August 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

August 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

August 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

August 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (113) $232
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $135
  • Senior Consultant (354) $132
  • Consultant (643) $122
  • 1st Year Associate (577) $121
  • 3rd+ Year Analyst (165) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (391) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1163) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (634) $68
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”