The BREAKDOWN on HOW Consultants get PAID: Salaries and Compensation for Consultants!

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  • Опубліковано 20 січ 2025

КОМЕНТАРІ • 56

  • @ChristineWong
    @ChristineWong  3 роки тому +4

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  • @addisonchen5064
    @addisonchen5064 3 роки тому +9

    I needed this when I got my offer! This is great. I wouldn’t know outside the offer letter of additional bonuses and how salary increases work.

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      I was on the same boat too haha. I didn’t know how PTO worked. 😂

  • @thadminor7608
    @thadminor7608 3 роки тому +4

    How is your work life balance at Accenture? I have a second round interview approaching for their technology development program for transitioning Service members.

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      I actually made a video about the work life balance! I mention a lot of my personal experience at Accenture here and it also gives a lot of points of consideration that can change someone’s work life balance disregarding the firm or role. ua-cam.com/video/phQXIF2A_FE/v-deo.html

    • @brittneywright4267
      @brittneywright4267 3 роки тому

      @Thad, how’d the second round of interviews go? I’m a transitioning service member and I’m now in the beginning steps such as the assessment and the Military Intake Form. Would love to know your experience.

    • @thadminor7608
      @thadminor7608 3 роки тому +2

      @@brittneywright4267
      Hey Brittney. The second round went well. I received an Offer!! There were two parts to the interview, the Technology Showcase and an Assessment. During the Technology Showcase portion, I took a deliberate approach to show I conducted extensive research on previous technologies and other data to support my idea without making it a total snooz fest lol. It also helped that the interviewers were former Military, they understand how we can can contribute to the organization as Veterans. They took time to make sure I was comfortable and actually got to know me throughout the process. My advice to you would be to prepare well and be yourself. You got this!

    • @brittneywright4267
      @brittneywright4267 3 роки тому +1

      @@thadminor7608 that’s awesome, congratulations on your offer! And thank you for the insight on the process, I appreciate it. I have my first interview scheduled next week *fingers crossed*.

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      Good luck, Brittney!

  • @kaidishi9422
    @kaidishi9422 3 роки тому +1

    Thanks for sharing!! Recently received their offer and waiting for hrs call

  • @andres_javier
    @andres_javier 3 роки тому +8

    the work-life balance point is super important to call out! this one is hard to tell just from interviews - researching on the firm's reviews (Glassdoor) might provide insight

    • @andres_javier
      @andres_javier 3 роки тому +2

      this is also true with other customer-facing roles, or professional services roles, where you work on projects that make you put in extra/long hours

    • @ChristineWong
      @ChristineWong  3 роки тому +2

      I agree! Most people say it’s okay due to the pay, but there has to be a point where you won’t accept it anymore.

  • @outspoken4323
    @outspoken4323 Рік тому +1

    If an individual has a masters what would be a good salary starting out ?

    • @ChristineWong
      @ChristineWong  Рік тому

      It can vary so much! If you’re going for tech consulting, it might be lower than strategy consulting but even the firm matters too. Tech consulting could be higher starting pay at a big firm than strategy consulting in a smaller lesser-known firm. Region matters a lot too because salary does differ even from city to city. What type of consulting are you looking for and what region? I would start from there. Plus, how many years of experience? Sometimes with masters, you don’t get it immediately after ungrad but you get it a few years after, so that has to be factored in too!

  • @goddessvibes08
    @goddessvibes08 8 місяців тому +2

    Do a video on hierarchy

    • @ChristineWong
      @ChristineWong  8 місяців тому

      What do you mean on hierarchy?

    • @ChristineWong
      @ChristineWong  8 місяців тому

      I have a similar video here if this is what you more looking for: WHAT makes up a TECHNOLOGY CONSULTING Project Team
      ua-cam.com/video/vPuzTne2JlY/v-deo.html

    • @goddessvibes08
      @goddessvibes08 8 місяців тому

      @@ChristineWong hierarchy of titles at Deloitte/promotional ranks

    • @ChristineWong
      @ChristineWong  8 місяців тому

      @@goddessvibes08 the video I have is a broad hierarchy in projects, if you want an organizational structure, better for you to network with someone at Deloitte.

  • @beautifullytextured6136
    @beautifullytextured6136 3 роки тому +2

    Awesome video! Considering applying for a Cloud TC job but want to make sure its the right fit

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      Every role is going to have a different nuance! It’s best to reach out to someone in that exact role at the firm you’re in and see what you think!

  • @moizshaikh9653
    @moizshaikh9653 3 роки тому +3

    You should create a video on travel and relocation after you join, especially if someone wants to move from Canada to the US.

    • @ChristineWong
      @ChristineWong  3 роки тому

      When you say travel, do you mean traveling onsite? As for relocation do you mean the adjustments on a professional standpoint or what to look out for?

    • @ChristineWong
      @ChristineWong  3 роки тому

      I actually have a video on how it’s like traveling as a consultant here: ua-cam.com/video/4sBTj_fHUDo/v-deo.html
      Once they allow travel and we can go onsite, I’m definitely vlogging so I can take you guys with me!

    • @moizshaikh9653
      @moizshaikh9653 3 роки тому +1

      @@ChristineWong sorry for the confusing wording of the question. I meant opportunities for employees from Accenture Canada(for example) to move to Accenture US.

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      Ahhh, I don’t think I could make a video on that but I could provide tips on how it’s like to transfer internally whether that means across functions or across offices and countries.

    • @moizshaikh9653
      @moizshaikh9653 3 роки тому +1

      @@ChristineWong Yesss that would be great!!!

  • @jjokur
    @jjokur 3 роки тому +2

    Fantastic and very informative video. Many thanks.

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      Thank you! I’m glad you found it helpful!

  • @TheAdarshSingh108
    @TheAdarshSingh108 3 роки тому +3

    I am also working at Accenture India as Technology consultant. The CTC usually varies for freshers from 6.3k to 6.4k usd per annum for associate and around 10k usd per annum for analyst. Luckily, I got placed as Analyst. If possible kindly make a video on promotion and provide some tips to get an early appraisal.

  • @alexchen3596
    @alexchen3596 3 роки тому +1

    Can’t wait for the video on promotions!

    • @ChristineWong
      @ChristineWong  3 роки тому

      Thank you! I’m still trying to gather how other firms do it but the video is coming!

  • @cosylaw874
    @cosylaw874 3 роки тому +2

    Would you recommend to commit a pay cut and switch from accountant to tech consultant ? Thank you in advance !

    • @ChristineWong
      @ChristineWong  3 роки тому +2

      That’s going to be a personal decision for you, but first and foremost, try to negotiate your salary to see if you could get it higher. What I would also suggest is look into how much you want to become a tech consultant and the potential opportunities that will come out to potentially have a higher pay than your current accounting job. I would also look at how much of a pay cut is it and if you’re okay with the lifestyle that new pay would come (if it changes at all). If you can’t afford rent or mortgage or meet your financial goals with the new pay after salary negotiation, consider another tech consulting opportunity. One low paying offer should not deter you from a high paying offer, you’ll just have to put in the work. However, that low paying opportunity could open more doors to high paying opportunities. It’s your decision at the end of the day.

    • @FunkyChild718
      @FunkyChild718 2 роки тому

      Advisory always pays better than Audit/Tax. Shouldn't need to take a pay cut, should get paid more.

    • @ChristineWong
      @ChristineWong  2 роки тому

      I wouldn’t always say that is the case. If you’re at a boutique firm or a small firm or if it’s a different location with lower cost of living, levels, and many other factors can affect the actual salary. Even country.

    • @FunkyChild718
      @FunkyChild718 2 роки тому +1

      @@ChristineWong I just mean advisory margins are higher than audit/tax margins for the same level in the same city.

    • @ChristineWong
      @ChristineWong  2 роки тому

      I agree!

  • @samuelwang6394
    @samuelwang6394 3 роки тому +1

    Thanks for the video! Do you know if other consulting firms, like BCG, McKinsey, do the overtime benefit?

    • @ChristineWong
      @ChristineWong  3 роки тому

      I can’t say for sure! I would reach out to them directly. I know it may also depend on the roles and levels if it’s overtime eligible too.

  • @wozakadozareacts6086
    @wozakadozareacts6086 3 роки тому +1

    What program can I do to become a technology consultant

    • @ChristineWong
      @ChristineWong  3 роки тому

      There’s no exact program because Consulting is more like a shell and what you specialize in (industry or tech) is what you can do to build up your skillset and knowledge. Learning anything about the concept, business use cases, and technicalities (as well as how to do it if you are interested in the technical aspect) as well as the soft skills with communication, leadership, teamwork, networking, client facing skills, etc. This playlist goes into how to become a tech consultant! ua-cam.com/play/PLibY-3NAtJvEjbuvbqswWm55yH2a01LKT.html

  • @BeautifulNature100
    @BeautifulNature100 3 роки тому +1

    This is very helpful. Thank you!

    • @ChristineWong
      @ChristineWong  3 роки тому +1

      You’re welcome! I wish I had this too when I got my offer!

  • @iamserda
    @iamserda 3 роки тому

    The ESPP is actually 15% percent not 50pct.

    • @ChristineWong
      @ChristineWong  3 роки тому

      I thought I mentioned 15%. 50 and 15 sound very similar. Also this video is not meant to be for Accenture only and it’s in general.

  • @vendita2
    @vendita2 2 роки тому +1

    thanksss