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Consulting in Australia

 
forum comment
#0 Consulting in Australia
 
anon
07.01.9 00:00
 
With London looking increasingly bleak I, like many others I'm sure, am considering moving to Oz if i'm made redundant.I've looked on this site and others but have failed to find any reasonable salary expectations at the consultant/senior consultant level. Can anyone advise? Looking at Sydney.
 
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#0 RE: Consulting in Australia
 
K
07.01.9 00:00
 
Depends on the calibre of organisation you're looking at but I think from looking myself that for the Advisory side of one of the Big 4 you're looking at around the same salary in UK £s as you are in AU $ so an SC would be around $40k - $70k but you get more for your $
 
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#0 RE: RE: Consulting in Australia
 
johnsmith
07.01.9 00:00
 
yeah you are probably the first one thinking about moving to australia :/first of all, all the aussies that came over the previous years are now floodingthe market over there because they got sacked here. seconldy I would think aboutgoing somewhere that is not tighly interwoven with the us economy. think for yourself here..
 
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#0 RE: RE: Consulting in Australia
 
fg
07.01.9 00:00
 
I moved over here from the UK after graduating and have been at a big four advisory in sydney for 2.5 years. I would say the salary is around 20% less (depending on the dollar of course) but as a 'senior advisor' I am taking home around 70K AUD. 70K GBP is more likely for associate director and up. If you are sponsored then you will likely get a living away from home allowance (government funded) which allows to pay for your accom pre tax. This can be quite significant.So you won't be earning as much. Having said that on my salary I can eaisly afford to live in an apartment that is a 10 min walk to the office (Sydney CBD) and knock off work in time for a quick beach session. It is just up to you but for me the plan is to work out here enjoying life and move back to london at a salary grade where I can afford to enjoy life.
 
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#0 RE: Consulting in Australia
 
Ozzie
07.01.9 00:00
 
Anon,Are you looking at the Big 4s as in PwC alike in Australia (Oz)? Mate, forget about it...the firms are blood suckers and slavery joints. Being a SC with them, you'll only get squeezed.I left one of them as a SC to join the commerce and got close to $30k jump. If you are a grad - it'll be good training ground, or you are at director/partner level - you'll get good pay/profits. Below Partner level, you'll only get squeezed...afterall, they are accounting firms ... worse, some firms expect >100% effort back for each $1 they pay you (so figure it out)...Also, johnsmith is right in his comments abt Ozzies flooding back to the Ozzie Land.You'll be better off trying the real deal, ie management consulting firms in Sydney or Melbourne. You may have to put in the same amount of effort as you expected in the Big 4s, but you get far better paid and better reputation. The mgt consulting firms are open to good candidates in Oz. However, they do tehir own recruiting, so you need to send your CV direct to them.You'll also need to know the tax rate - Ozzie tax is high.
 
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#0 RE: RE: Consulting in Australia
 
anon
08.01.9 00:00
 
Ozzie I'm a consul;tant with just over 2 years experience and was considering Big 4 etc yes. Thanks for the advice. I'll dop some research and try and find firms in Sydney that aren't slave drivers but if you have any starters I'd appreciate it.
 
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#0 RE: RE: RE: Consulting in Australia
 
Hung like an elephant
08.01.9 00:00
 
Yes, the replies to your original post are correct:1. With just over 2 yrs experience, you will find it tough - most employers are looking for seasoned candidates.2. If you need any kind of work authorisation- forget it! dont even bother.3. Most global accountancies ( pwc etc) use their brand names to skimp out on salaries- they will generally pay you less ( about 20% below market). this is compunded by the fact that australia ( especially syd and melbourne) are expensive places to live and income tax is very high.4. There is more comprtition out there now. Australia is fighting tooth and nail to avoid recession. Layoffs are mounting. More ppl looking, thus takes longer to secure a job.5. Not the kind of place you want to be unless you have a job as whatever money you have saved will fast dissapear given high rents and general cost of living.Absolutely do not come here without a job in hand! The catch 22 is that you kinda need to be here in order to get a job. Your best bet would be if your current company has offices here and can transfer you here.6. Specialist skills are in demand. Generalist skills are common and supply is abundant. Make sure you can differentiate yourself and offer some specialist skills. ( this is a worldwide trend in bear markets.)7. The earlier reviewer is right in that global accountancies ( also global IT consultancies- ACN leading on this one) with aussie offices are blood suckers- you will work round the clock - and for below market pay too!8. Generally ok work- you probably wont be doing menial work, but it wont be really good stuff either. You will have to work your way up if you want to have good job duties. This is quite hard to do as global consultancies here tend to reward seniority over merit. Thus, go grey or bald as soon as you can and you'll be the bloody CEO!9. You probably know that australia has very few global companies. The only industry that is world class is mining and materials. Most of the others are 'support' or 'sales' regional offices; thus you may question if you really are going to be at the forefront of anything ( not least innovation) here.9. I cant just talk about the negatives- the main posative is the lifestyle- generally relaxed and friendly environment with good social services and lifestyle.So there you have it...depends on what you want..lifestyle vs everything else.My personal view is that there are better deals elsewhere in the world for someone with bit over 2yrs experience. Try UAE, canada, some areas of europe, asian countries such as singapore and malaysia. You might not earn as much in some of these countries, but the cost of living is less and therefore what you keep is more than australia.
 
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#0 RE: RE: RE: Consulting in Australia
 
Ozzie
08.01.9 00:00
 
AnonHung like Ele is right. Try the Asian countries, you have better chance. Although caution - their official office hours are as elastic as rubber..the hours can stretch real far....+ives - Low tax, cheaper living expenses (such as food, transport etc, but not accommodation though - depending on your lifestyle)Unless you want to get into Corporate Insolvency and Restructuring...the Chartered firms (Big4s and 2nd-tiers such as Grant Thornton, PFK, BDO..) in Ozland are definitely gearing up for the corporate collapses....and it is reckoned that the crisis will last much longer than the early 90s...and now is just the beginning of the beginning for cleaning up. Also, unles syou are from Insolvency or Audit b/ground, you've higher chance of getting in. And you nee dto know the Acts well too.There are other Insolvency specialised firms you can try...KorthaMentha (ex AA), McGrathNicol (exKPMG), Ferrier Hodgson, PPB. Try this site for the firms... http://www.ipaa.com.au/default.asp?menuid=158Or else, you can go with the real management consulting firms...if you don't think you can get into the big guns (McK alike) try the smaller local firms and many of these have global projects too. Pipc is one to try...I think they looking for Singapore and Hong Kong (you'll probably get better pay as well than the Big4s). Even try Corporate Value Associates in APAC.
 
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#0 RE: Consulting in Australia
 
Ozzie
08.01.9 00:00
 
Sorry, let me rephrase my last paragraph...Or else, you can go with the real management consulting firms...if you don't think you can get into the big guns (McK alike) in Ozland, try the smaller local firms. Eg. Sydney Consulting or Newport Consulting (both spin offs from Proudfoot Consulting), Portland Consulting (Value Chain in Logistics) and many of these have global projects too. Pipc is another to try, not but not in Ozland...I think they are looking for candidates in Singapore and Hong Kong (you'll probably get better pay as well than the Big4s). Even try Corporate Value Associates in APAC.
 
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