19min chapter

Strategy Simplified cover image

S16E20: Pay is flat, hiring is up: the 5 forces shaping consulting in 2025

Strategy Simplified

CHAPTER

Navigating Compensation and Career Paths in Consulting

This chapter explores the evolving landscape of compensation and hiring practices in consulting firms, comparing strategies of major players like MBB and the Big Four. It emphasizes the significance of industry focus for candidates and details the structured hiring processes for advanced degree students, including insights into salary transparency and trends. The chapter concludes with a Q&A segment addressing common concerns about salary negotiations and career trajectories within the consulting industry.

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