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How can I increase my salary in consulting ?

Strategy Consulting

How can I increase my salary in consulting ?- Grapevine

Hi folks, 

I have been part of one company for 9 years. I feel like bored and mundane.  I am trying to switch jobs for past one and half year and unable to crack any interviews. Each interview slips because of some reason. Now my current company based on my performance asked me to find job somewhere else within in few months.. I am still unable to clear interviews.. Sometimes feel very downward because of this but deep inside I feel like I am more worth than this.. Market is also so uncertain now.. My salary is 32L.. I feel like I am stuck in my career. Any advice or recommendation?

Finding difficult to clear interviews

Software Engineer

At a senior role (VP)  in a services consulting firm. Firm made revenue of around 10-15 CR. Currently earning 45 LPA fixed + 5 variable after 8 years work ex. What's the kind of hikes which are standard in services based business? I expect a 20% hike year on year of I perform well. Is it too much to ask or too less. Basically want to understand how salary grows once you are in more senior roles in a typical services firm.

Salary negotiation

Management Consulting

Welcome to Indian Startups's Private Community

3 years post-MBA exp. Currently at INR 35+ LPA. Offer in impact consulting at INR 23 LPA. Should I take it? Joining in Jan'24. Reason for switch - can't tolerate my toxic manager anymore. Have already put down my papers. 
Line of thought:
1. Take it - Something is better than nothing. At least paisa aate rahega.
2. Wait - Once I go at a lower package, difficult to demand a hike on my current one.
3. Take it, don't mention it - Companies will negotiate hard to lowball me if they know I am not working (gets worse if the LWD of my current company and the time am applying have a huge gap).

Money matters to me. But have been introspecting a lot. Will appreciate realistic input from the community.

Salary Cut

Growth Manager

I currently work in one of the Big 4 firms as an analyst.. After completion of Btech I joined Deloitte in Oct,2023 ... After being in this field for about 7 months now.. What would be better in order to improve salary scale - a) Getting masters in management domain from a good university next year then joining as consultant or b) working for 2 yrs and getting promoted further as consultant ( keeping in mind that my CTC right now is 6LPA only)

Masters or work exp for higher salary

Analyst

Have more than 5 years of experience working for a consulting MNC, a SaaS startup and a medium-sized consulting company.

Over the years have gotten the opportunity to work as a frontend engineer(angular, react), a fullstack engineer(java, javascript/typescript, python) and currently a data engineer(pyspark/databricks, azure, gcp).

Projecting my self as a fullstack/backend engineer only. 

What should be my fair salary ask in series A/B/C startups & other product companies?

I believe many of people in here will be in the same boat as me, so please put down your thoughts…!

What should be my fair salary ask?

Consultant

I have 5 years of overall work experience … I am currently working in consulting firm (Big 4s) since last 1 year and I am CA +FRM.. I am looking for change so what amount of salary should I expect or ask ?

Salary

Hi all , I am a fresher and recently I have been seeing alot of reviews of people in consulting claiming to have CTC of 20-33LPA . 
Wanted to know what is the differenciation factor and how can one reach at that stage of pay scale . Because as of now as per my knowledge analyst is paid 6LPA and any consultant is paid 15 LPA or so in any Big 4.

20-30 LPA in consulting

Welcome to Business Roles's Private Community

Hi Guys,
I  am working as a software developer in Oracle( btech from old IIT) . Its been 2 years and I now want to switch to management consulting (preferable in MBB) to experience it so want to give MBA.

1. I did some research but I want to gain some information on the salary aspect of it. I heard that the salaries are not that high they would probably be in the same range that I am getting now. BUT, I want to know in the long run do consultants get more hikes compared to tech roles? 

2. I heard the wlb is pretty bad so is there some resource that I can study to know if thats the right suit for me since its a big risk I’ll be taking moving on to a different field. There are some good exit opportunities also I believe after MBB can someone tell more about it.

Would really appreciate some answers on this. Its on my head for a long time. Cheers!

MBB roles salaries in long run/ worth taking risk

Software Developer

Welcome to Personal Finance's Private Community

Which is a better option to increase salary/package ?

 switching roles in between different sectors like banking,audit,financial markets.

Or

To build a career in a specific area/sector.

Need advice from experienced folks

External Audit

Welcome to IT Company Discussion's Private Community

I have been working in Accenture for exactly 2.5 years now. I joined in as a fresher. Now i have 2.5years of experience. What should i do to increase my salary and what should be the idle salary at my position? Should i switch to some other company or stick here? And also how to approach my manager and ask him for hike ? Please help me out guys!

Salary of CL 11 in Accenture

Software Test - QA

I was recently impacted by layoff and having 20yrs of exp into application support and service management with last 10yrs grown into a middle management role(limited tech hands-on and no dev experience nor CS background)

While I am financially ok atm and can manage staying at home for next 12-24 months, I am not financially independent yet. its getting too boring and I want to get back into some sort of work routine as I am keen on retirement yet.

Challenges I am seeing with finding a new opportunity:

- The job market seems to be quite restricted for senior roles with that experience
- Few that came across were at a substantial low salary.  
- Some others required significant hands-on experience 

Thought process::

- While salary is not a major concern, I am not sure if I makes sense to take a pay cut.
- Given the speed of tech changes, not sure what kind of learning/certification would be helpful
- Even if I do tech self-learning, lack of practical hands-on seems to be a drawback
- At 40+ while I am open to work hard and learn, i view is to find a job and learn into it , rather than other wat round

Any guidance/pointers would be appreciated. As would any leads/introductions on suitable opportunities you know of.

What next at 40+

Start a hotel of your own or a small CCD why work in boring mncs

Am I earning lower than my peers? I joined Infosys Consulting in Jan 2022 at a salary of 1650000 pa. And no hike. Are other consultants from IC earning more than me? And what is the salary of technology consultants at Big 4 and Accenture?

Management Consultant

Thinking about taking the plunge into business consulting? It's a thrilling path, but before what are wants and needs for consulting?

And salary bracket for Manager who would be considering for this position?

Consulting as a career!

Strategy & Operations

Looking for pointers on how to supplement my salary through short term projects or consultations.
I can easily spare 2-3 hours a week. In the past, I have taken up consulting calls via research and insights agencies to share insights on my area of expertise. But these calls are ad hoc and far in between and I want to regularize the cash flow.

Will appreciate the guidance.

Supplementing Salary

Business Development Manager

Hi all,
I’ve worked in 3 companies till now and looking forward to give gmat and expecting a score of 710 by the end of June. I want to apply for September 2024 intake let me know which collage is best for the same is isb worth doing a pgp after 7 years of job experience with a package of 15 LPA

Which collage is good for mba for person with 7 years job ex?

Welcome to Product Managers's Private Community

Hi, is there a possibility to get into senior consulting roles @ MBB while having 4YOE as a B2C PM(total 5YOE, no MBA)?

Also what's the salary like for such positions in MBB?

PM -> Consultant?

Product Manager

I have been interviewing at a startup.
Initially I told my expectations to be 38LPA
Later came to know, they pay much more.

Have cleared all the interviews, how can I negotiate for more salary?

Current compensation - 27LPA
Yoe - 6.5
Role: Senior frontend engineer

Salary negotiation! HELP!!

Would you switch in this market with a 20% raise (1y workex ) to get out of the toxic culture in your firm?

How can I increase my salary in consulting ?

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