Potentially going to have two offers soon (both London based) 1) Big 4 M&A team (not FDD but actual M&A advisory) and 2) Rx Consulting (A&M/Alix/FTI). Both are similar seniority, not too sure on comp but I'd assume Rx will pay more.
If you were in my position which of the two would you choose from a comp, wlb, exit ops and general culture perspective?
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If it’s A&M they will pay significantly more due to their bonus structure. I think bonus = 25% of total billable - base comp.
So if you bill $1,000,000 total comp is basically 250k and I think it scales as you get more senior. Also I think it is uncapped.
I would say RX consulting exits are RX IB (and then whatever you do after) and operating roles in PE (I know platinum equity hires a lot of operators from A&M). Big 4 is M&A IB and maybe LMM PE.
You will travel a lot more in RX consulting.
Appreciate the insight, have heard this about the bonus structure in A&M. Do you know if this is just a US thing or the same applies here in the UK?
Would assume the similar but just scaled down cuz pay is generally lower. But tbh not sure
Anecdotally have heard that the bonus structure is the same in the UK (ie. based on billable hours)
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