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Mercer Olver Salary? Really?

 
#1 Mercer Olver Salary? Really?
20/03/2006 18:03

peters

Hi all,

I have an interview with MOW coming up. I have heard they pay A1 around 46k for basic first year + bonus.

Can anyone confirm this?

THanks

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#2 Re: Mercer Olver Salary? Really?
21/03/2006 10:15

Tony Restell (Top-Consultant.com)

Not sure about now, but certainly a few years back Oliver Wyman (now MOW following merger) paid the highest starting salaries of any consulting firm to new graduates. So this figure doesn't sound inconceivable...

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#3 Re: Mercer Olver Salary? Really?
21/03/2006 11:25

XL Jockey

According to a friend of mine who worked there until recently, their packages tend to have a heavy weighting towards bonus. This means that they tend to have a lower basic but very high bonus. So you may want to check out precisely how the figure they have given you breaks down.

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#4 Re: Mercer Olver Salary? Really?
21/03/2006 12:26

no chance

46k basic..no way.

A friend started there last year and he was on 33k basic plus 30% guaranteed bonus (only first year). So first year salary does end up being around 44k all in all but the guaranteed bonus doesnt hold. That was his deal anyhow.

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#5 Conceivable for MBA hires
24/03/2006 20:59

terry

They do pay well. The figure sounds about right for the MBA hiring group with a couple of years consulting experience.

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