Will T2 firms raise bases as well?
Parthenon and Strategy& bases are still at 90k, Oliver Wyman is at like 87k and LEK is at like 80k. Would they raise bases too too prevent top talent from leaving their firm to MBB or IB?
Aug 19, 2021
Trending Content - Management Consulting Forum
| +9 | CB v Econ consulting | 2 | 3h |
| +6 | Econ vs Strategy Consulting Internship Offer Choice | 2 | 17h |
Career Resources
WSO Virtual Bootcamps
Career Advancement Opportunities
November 2026 Consulting
-
Boston Consulting Group 99.5%
-
Bain & Company 98.9%
-
McKinsey & Company 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Overall Employee Satisfaction
November 2026 Consulting
-
Cornerstone Research 99.5%
-
Bain & Company 98.9%
-
Boston Consulting Group 98.4%
-
McKinsey & Company 97.9%
-
Oliver Wyman 97.4%
Professional Growth Opportunities
November 2026 Consulting
-
Bain & Company 99.5%
-
Boston Consulting Group 98.9%
-
McKinsey & Company 98.4%
-
Oliver Wyman 97.9%
-
LEK Consulting 97.4%
Total Avg Compensation
November 2026 Consulting
-
Partner (4) $361
-
Principal (30) $294
-
Director/MD (59) $274
-
Vice President (53) $245
-
Engagement Manager (114) $233
-
Manager (171) $173
-
2nd Year Associate (186) $142
-
3rd+ Year Associate (116) $137
-
Senior Consultant (356) $131
-
Consultant (643) $122
-
3rd+ Year Analyst (164) $121
-
1st Year Associate (578) $121
-
NA (16) $114
-
Engineer (6) $114
-
2nd Year Analyst (395) $105
-
Associate Consultant (176) $101
-
1st Year Analyst (1172) $90
-
Intern/Summer Associate (209) $83
-
Intern/Summer Analyst (643) $68
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 |  |
99.2 |
| 2 | |
99.0 |
| 3 | |
99.0 |
| 4 | |
99.0 |
| 5 | |
98.9 |
| 6 |  |
98.9 |
| 7 | |
98.9 |
| 8 |  |
98.9 |
| 9 | |
98.9 |
| 10 | |
98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
OW is at 90 base, still needs to go up tho
S& has raised base salaries for SA and above - including in some European geos
I don't see them loosing talent to IB tho? Completely different job, there is more to a career than financial remuneration
What did S& raise their base to? What's full first year comp look like now?
unlikely since top talent usually isn't choosing T2 over MBB anyway, just facts
Most, if not all, reputable non-MBB firms have already adjusted this year to stay within 5-10K of MBB starting salaries at the undergrad/MBA level entry points. While the basis of your comment isn't necessarily wrong, the conclusion it leads to is off base.
S& tries to stay competitive with MBB at least at the lower levels
some years they pay more for MBA hires than MBB
i'd expect an adjustment upward
.
Labore exercitationem provident qui nihil suscipit delectus. Amet error dignissimos dolores eius. Esse aut quibusdam id adipisci voluptatem.
Eos expedita rerum vel expedita voluptatem quae id. Cupiditate non ratione voluptatem veniam quia voluptas autem. Facere et optio rerum qui exercitationem laborum.
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...