Coming from academia i can tell you the folllowing: You are working the same hours, BUT you get 3X the money, 10X the contacts, 4x the benefits. It is absolutely a win for me.
Consultants at the MBB firms have all-in contracts. So I guess it depends on what you mean by "are all hours paid". Yes, the salary is good, no doubt about that (we also have a video coming up on that) but you are not compensated on-top for working overtime.
In germany you get a fix salary. either you do 60+ or 70, you get paid 40-45. In the end, someone from HR might be making more money per hour than you do. so, you are basically underpaid. It is, to some extend, compensated with money. but, if you don´t really have free time, why could you use so much money?
What will change in your opinion? If you are more interested in the topic, we have a dedicated video on what AI tools McKinsey uses: ua-cam.com/video/KoQ_siNMNck/v-deo.htmlsi=tNhJ7AaPUb_eb8a6
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Thanks for sharing this! This sounds pretty realistic and helpful information
Coming from academia i can tell you the folllowing: You are working the same hours, BUT you get 3X the money, 10X the contacts, 4x the benefits. It is absolutely a win for me.
Hi, great video as always.
Can you make a video about partners' day to day routine & tasks. thanks in advance
Thank you very much for your feedback and the suggestion. Stay tuned for a video on that topic ;)
So... are all hours paid?
Consultants at the MBB firms have all-in contracts. So I guess it depends on what you mean by "are all hours paid". Yes, the salary is good, no doubt about that (we also have a video coming up on that) but you are not compensated on-top for working overtime.
In germany you get a fix salary. either you do 60+ or 70, you get paid 40-45. In the end, someone from HR might be making more money per hour than you do. so, you are basically underpaid. It is, to some extend, compensated with money. but, if you don´t really have free time, why could you use so much money?
ChatGPT is changing a lot in consulting 😂
What will change in your opinion? If you are more interested in the topic, we have a dedicated video on what AI tools McKinsey uses: ua-cam.com/video/KoQ_siNMNck/v-deo.htmlsi=tNhJ7AaPUb_eb8a6