| Topic Name: |
Analyst to Consultant promotion |
| Message Name: |
This does not compare... |
| Date Posted: |
02/28/2006 |
| In Reply To: |
Year 1 - ??28.5k (+ bonus)
Year 2 - ??32.5k (+ bonus)
Year 3 - ??42.5k
Whilst this isn't going to worry any bankers, compared to other consultancies, law firms, and industry, this is pretty good going.
I would expect this to compare favorably to anybody being paid in US$, AU$, Rupees or Euros, excepting maybe SF and NYC. |
| Message: |
Let's do some math...
Accoding to current rates, it seems that 1 GBP = 1.75034 USD
So lets take that rate, and look at the exhange rates of your quoted UK salaries...
Year 1 - ??28.5k = $49.9k
Year 2 - ??32.5k = $56.9k
Year 3 - ??42.5k = $74.4k
I am from a moderately expensive US city, but not NYC or SF. Talking to some of the new analysts here, the average salary they are getting offered is 45K, I haven't heard any above 47k. So that initial number is a little high in comparison. Now, I myself have been here three years, I am a consultant, and I have had good reviews every year, but I am not making more than the second year conversion quoted above! I am a third year, and via that conversion above, I should be making about 20k more, but I certainly am not! Your first year assumption is a little high, but your third year assumption is way off.
|
|
