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Vault Message Board: BearingPoint

Topic Name: Compenstation 2006
Message Name: be practical..........
Date Posted: 03/01/2006
In Reply To: Arian_rulz isn't completely wrong... its common sense that you'll get more when you join somewhere new as opposed to getting a raise.. HOWEVER, there should be some trace of salary normalization across the company (aka "bands") and 56K for a consultant is low, no matter if its a 10% or 20% raise... it comes down to dollars and cents, not %.. IMO, of course.
Message: First of all let me break this down for you. If you are in "any" firm for more than three years you automatically become underpaid, unless you are at Sr Manager level and manage client accounts. The best strategy to make rockstar salary is to change jobs every two or three years, this guarantees u 25-30% raise every two years. By the time you have clocked five/six years your salary will be double and you will be in atleast a team lead or PM position. I personally know people who have made directors within 10 years of working, because they changed jobs and seeked better oppurntunity every two years. Regarding pay, I think BE pays its consultants better than Deloitte or Accecnture. I know this from exp.

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