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Salaries

 
#1 Salaries
15/11/2007 14:59

Ed Laverty

Quick question on salaries. What should a Director of consulting in a significant business advisory firm earn as a basic salary?

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#2 RE: Salaries
15/11/2007 15:36

MBB to Ed Laverty (#1)

The range will be absolutely enormous. What does 'Director' really mean, how many people are their in the division, what are the revenues etc...

I imagine the range probably goes from £50k to £5m

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#3 RE: Salaries
15/11/2007 16:11

ed laverty to MBB (#2)

thanks for message

Director - essentially leading a new division of consultants in a newly merged practice. Director will essentially straetgically develop a new service populated by approx 10 staff at the moment. Director will develop business plan for next three years and grwoth strategy. Overseeing provision of service out of three national offices

This is a new position which i have been offered - need some idea of scale of salary to ask for!

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#4 RE: Salaries
15/11/2007 17:43

Zbigniew Brzezinski to ed laverty (#3)

I think Director, to most people at least, means a Partner at a consulting firm. I would hazzard a guess that most Directors base would be between £100,000-£200,000. The important thing is bonus, which is unlimited and dependant upon your selling ability. This could be several multiples of your base (and quite frankly should be) and thus a Partner would be expected to earn in the region of £400,000 to £XXm. A Partner at my firm got a bonus of around £2.3m

Zbigniew Brzezinski

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#5 RE: Salaries
15/11/2007 18:51

MBB to ed laverty (#3)

It doesn't sound like a partner to me. I would suspect salary will be largely dependent on what revenues you can bring in. Would have thought in the region of £80k to £150k with a bonus if your business does well.

That really is a guess though.

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