MBB pay and work hours in Korea
Is anyone familiar with MBB pay in Seoul? How about work hours? I know that the hours are tough but if anyone has solid/anecdotal numbers, I'd be most appreciative. Thanks in advance.
All I have is the stats of a friend of mine who interned at Bain in Seoul for a few months. He said he often worked until 02.00 AM so it's pretty tough there. In Korea and Japan they work crazy hours compared to the West.
Thanks for sharing! Is your friend Korean?
Yes he is! Studies at Seoul University.
Based on first hand experience: Hours: - Seoul has the longest work hours of the 14 countries I've done projects in. I averaged ~80 per week over a course of 7 weeks, with one week of ~95 hrs. Nobody will force you to work over the weekend, but you end up sacrificing at least a part of your weekend to avoid overkill on weekdays. Pay: - I don't know the $ amount, but I would guess it would be within 10-20% deviation of MBB salaries in Singapore (you can search Singapore salaries on glassdoor)
Thank you for sharing! I sent you a pm with some questions if you don't mind me asking.
Seoul was the office that was most often quoted when I was on a tough case, and the manager said something along the lines of "Just think, you don't have it so bad, ___ office works like this all the time"
So yeah...shitty hours. 75-85 per week sounds right.
I wonder how the consultants in Asian offices rationalize their hours... "at least it's not as bad as ________"... :(
Just a different set of priorities and expectations, would be my guess.
being a korean myself, since the regular industry works 60~70 per week anyways, it's kind of like consulting vs industry comparison here in the states... "everyone else has it bad and we got it worse... but we get paid better" Industry pay in Korea is about 60% * US salary in a comparable position but with 20% more hours generally.
Thanks a lot for sharing.
As others have said the hours are meant to be bad, but it is the same with nearly all consulting firms in Korea.
Qui minima nostrum voluptatum cumque sunt adipisci. Error consequatur ab beatae consequatur ab ut rerum sit. Magnam maiores et quia non hic deleniti amet. Est distinctio odio nihil.
Est iste quibusdam nihil quam quis perferendis. Ipsam asperiores quam nulla itaque sit. Quia velit vel magni non libero voluptas labore. Veniam officiis eligendi perspiciatis et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...