I have an interview with PwC (FS Advisory) as a Sr, Associate, I'm getting conflicting info on salaries, is there any room for negotiations? I'm also 4 years out of business school (MBA) with direct industry exp.
Post-MBA Sr. Associate comp is 115-135 (per above). You might be able to push that number up with your experience - perhaps closer to 145 or 150.
For some unsolicited advice. Unless you have a burning desire to work for PwC, I'd suggest pushing for a Manager role. Most PwC post-MBA Sr. Associates have made Manager 2-3 years out. Assuming you come in as Sr. Associate, you're likely to spend at least 1.5 years in that level before promotion (June assessment cycle). That means you'll become a Manager 5.5 years out of MBA.
I know several people who were so eager to work for PwC that they accepted Sr. Associate roles. The firm would say "we don't want to put you in a position where you won't succeed. We'll mentor you and prepare you for success. We'll move you along as fast as your skills develop..." When they got in the door, their internal network wasn't big enough to accelerate the promotion.
One point to consider, however, it that upon promotion to Manager, you receive a 25% bonus (calculated against your new salary) in addition to your performance bonus.
One point to consider, however, it that upon promotion to Manager, you receive a 25% bonus (calculated against your new salary) in addition to your performance bonus.
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They will generally start where they start senior consultant MBAs, between 115 and 135
Post-MBA Sr. Associate comp is 115-135 (per above). You might be able to push that number up with your experience - perhaps closer to 145 or 150.
For some unsolicited advice. Unless you have a burning desire to work for PwC, I'd suggest pushing for a Manager role. Most PwC post-MBA Sr. Associates have made Manager 2-3 years out. Assuming you come in as Sr. Associate, you're likely to spend at least 1.5 years in that level before promotion (June assessment cycle). That means you'll become a Manager 5.5 years out of MBA.
I know several people who were so eager to work for PwC that they accepted Sr. Associate roles. The firm would say "we don't want to put you in a position where you won't succeed. We'll mentor you and prepare you for success. We'll move you along as fast as your skills develop..." When they got in the door, their internal network wasn't big enough to accelerate the promotion.
One point to consider, however, it that upon promotion to Manager, you receive a 25% bonus (calculated against your new salary) in addition to your performance bonus.
One point to consider, however, it that upon promotion to Manager, you receive a 25% bonus (calculated against your new salary) in addition to your performance bonus.
^ 99% sure you're required to have started with PwC as an associate, fresh from undergrad then make it to manager.
@freroht and @Johnny Fontane - Guys thanks for the help and advice I really appreciate it. I'll keep you posted on how the interviews go!
Not true, @"Petite Lap Giraffe". I have several friends who started as a Senior and are expecting that Manager bonus when they are promoted next year.
Oh? Did they start as Senior from an MBA/Masters program or were they lateral hires?
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