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I'd agree with you. Basically the way these companies work is that either you make partner in a specific timeframe, or you are encouraged to go elsewhere. Almos
by short_sells_poo 5y ago
I'd agree with you. Basically the way these companies work is that either you make partner in a specific timeframe, or you are encouraged to go elsewhere. Almost by definition, people who have a big consultancy on their resume did not make it to partner for one reason or another.
- elliekelly 5y agoPart of the business model is farming out “alumni” to lucrative management roles at large companies (usually clients) with the expectation they’ll turn around and engage the firm for even more consulting work.
- wil421 5y agoMost people I know who worked for the Big 4 left because they were treated like dogs and worked endless hours. It’s not that they couldn’t make partner it’s that they didn’t want to. This applies to both the accounting and IT consulting practices. A few of the accounting people have very successful careers that pay much more than consulting, including being a CFO. A lot of others left for smaller consultancies where they are able to have a say in the company versus being a cog in the wheel. I’ve debated going to McKinsey or the Big 4 but I’m not traveling Sunday-Thursday. Smaller shops pay more. Speaking with other consultants I’ve found that working with medium sized Software Vendors means great benefits including sweet RSUs and they don’t travel as much.