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Starting Salaries and Benefits
 
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Starting Salaries and Benefits

 
forum comment
#0 Starting Salaries and Benefits
 
H
22.05.7 00:00
 
Guys,I know that this is a popular question. But can someone provide me we some figures for starting salaries, sign on amount and bonus in first year for the following:AccentureDeloitteMcKinseyPWCBainKPMGBCGE&YMercerCap GI want to get into consulting and I know that its not about the money (as I would go for IB if it was), but I would like to know what the general figures ae for each of the above.Appreciated.
 
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forum comment
#0 RE: Starting Salaries and Benefits
 
Village Idiot
22.05.7 00:00
 
£32K, +/- 5K at all of them.
 
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forum comment
#0 RE: Starting Salaries and Benefits
 
Claire
22.05.7 00:00
 
(Meak mannered Claire starting to get a bit annoyed)!H, with respect, this same bloody question was asked by Monkeyboy a few threads ago to no joy because people were annoyed at the lack of intuition showed at not just searching the bloody threads. Then the exact same question gets posted again!Now I have a reputation on here for being too nice, but for god sake.... if your that interested in joining the industry surely its not too much like hard work to type graduate salary in the search threads box and click search threads!Im sorry, but this same question gets posted all the blinking time and its frustrating, thats why people wont answer you, because they have answered it a hundred times before only to get this silly post over again!SEARCH THE THREADS!!!!!
 
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forum comment
#0 RE: RE: Starting Salaries and Benefits
 
A Mars A Day...
22.05.7 00:00
 
Will be asking how to calculate £32K +/- next...
 
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forum comment
#0 RE: RE: Starting Salaries and Benefits
 
H
22.05.7 00:00
 
Point taken.Yours ashamed!H
 
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forum comment
#0 RE: RE: RE: Starting Salaries and Benefits
 
anon
22.05.7 00:00
 
The main thing is that starting salaries are irrelevant, they all do different work so you should be looking what company will get you to where you want to be. Whilst starting salaries are similar for all of those it's salaries up the ladder that differ them if we're talking purely money.No use applying for Strategy at PWC if you want to be an SAP professional, better off at Accenture for example.
 
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forum comment
#0 RE: RE: RE: RE: Starting Salaries and Benefits
 
anon
22.05.7 00:00
 
Hi Guys,I know as I am writing this that the vast majority of people here are going to take exception to this post but here it goes anyway.I am an undergraduate and am currently looking at consultancies for a graduate job. Or to be honest I am looking for a graduate job that is going to be intellectually challenging, well rewarded and will provide good prospects for the future. Consultancy seems to fit the bill. The next thing I look at is who I would like to work for and the truth is I have no idea. I don't know what consultancy really is and I think it is impossible to really know what a 'day in the life' is until you have some experience. So an easy way for me to judge an employer is starting salary. Starting salary communicates to me my worth to the company, which means alot to me.So my rather inexperienced but I feel relevant take on starting salary is that it is important. Not because the extra £1000 is going to really change the quality of your life but because of the fact that consultancy A wants to employ me that little bit more than consultancy B.Commence with the insults!!!! :-)
 
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forum comment
#0 RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
Village Idiot
22.05.7 00:00
 
Starting salary doesn't matter. If McKinsey want you at £20K a year, it's probably still a great position. If some two-bit consultancy wants to offer you a position at £40k a year, it's probably still a crap position.It really doesn't matter which (reasonably big) consultancy you join. They're all about the same. And you're not getting married -- you can move in a few years with a fair degree of flexibility.Read my other post: http://forum.top-consultant.com/UK/list.aspx?ID=29330
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
anon
22.05.7 00:00
 
But the point is that McKinsey don't offer graduates 20k!!!!Why would that be?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
anon123
24.05.7 00:00
 
How about PWC Belfast - 13k training contract ACA, then starting on 25k once qualified. prob 36-40k after 5 years. wow wee wa!
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
Big Consultant
24.05.7 00:00
 
And I bet it cost £450 for a decent middle market 2-bedroom flat unlike £1200 in London.And the transportation cost would also be cheap unlike the £160 a month for Zone 1-6 in London.
 
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#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
anon123
25.05.7 00:00
 
Very common misconception about NI.Most goods (food basket) and living expenses can be actually more expensive, and with house prices at 10x avg earnings, its certainly not as affordable as it used to be!Good 2bed= £600pmTransport= ~£90pm is really crap.Still does not explain the £13k difference.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
Bob
25.05.7 00:00
 
Supply and demand baby, supply and demand. Talking about jobs, btw, not housing cost.
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
BB
27.06.7 00:00
 
Anon123, where did you get those figures?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
anon123
29.07.7 00:00
 
from the horses mouth. Why?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
BB
29.07.7 00:00
 
I was just wondering whether it was fact or rumour but after receiving an offer for the post it turns out you're right though it seems to be the going rate in Belfast for ACA training contracts. Were you interested in the vacancy?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
anon123
30.07.7 00:00
 
Yes, its the reality of most places outside LDN, (NI being a bit of an extreme case), but i still took it. Its a 50% reduction from what i'm on at the moment, but better prospects and more interesting (I hope!)Did you take your offer? What do you think?
 
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forum comment
#0 RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Starting Salaries and Benefits
 
BB
30.07.7 00:00
 
Yeah I took it too, I had another offer from EY on similar money but as you said PIC seems like an interesting opportunity with good prospects. The money is poor, Deloitte in Belfast pay around £23k to their consulting graduates (obviously non-ACA) but the qualification will also be handy in the future, plus I'm still a student at the minute so any sort of income is a step up for me.I guess I'll be seeing you in October then.
 
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