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These are the real-world responses from the Consultant Salary Megathread on Reddit and turned it into a Consultant Salary data goldmine for 2023 / 2024. We'll look at:
Average Wages per Firm (MBB, Big 4, T2, Boutique)
Average Bonus per firm
Wage increases in 2024
Wages by location around the world
Wages by Role / Level
Wages by Tenure
Wages by education level.
Reddit thread: Search Reddit for "salary mega-thread 2023 24" in consulting.
Questions we answer:
Is it worth getting an MBA, versus a normal Masters degree?
Which consulting firm pays the most?
What consulting role should I go for?
Is it worth staying X amount of years at the firm?
Which country or location pays the most?
Timestamps:
00:00 The Reddit Salary mega-thread for 2023 24
00:37 Putting Data in Excel and Pivot Tables
01:02 How I cut the data
02:03 Wages by Role / Level
04:41 Wages by Firm type (MBB, Big 4, T2, Boutique)
05:33 Bonuses by Firm type
06:06 Wage increases in 2024
06:45 Consultant Wages by Location
09:55 Consultant Wages by Education Level
11:50 Wages by Tenure (years at firm)
McKinsey & Company, BCG, Bain & Company, KPMG, PWC, EY, Deloitte, Tier 2, Boutique, Big 4, MBB.
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