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Old 18-03-2015, 01:06 AM
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Nope, they switch because it is a bigger position for them. Many of these MBB who came to Singtel and relatively junior guys in their previous firms. They come in here, take up executive positions together with a pay raise. It is actually another career move for them.

For e.g. there is this guy who came from BCG, he is about late 30s, a junior partner probably at the career end. He come to Singtel, take up a VP position get all the perks, shares and bonus of a executive and not to mention damm lots of people below him in his department. A typical deg grad that join Singtel from scratch will not even smell a Director at this age, not to mention a VP.
Some people are old and don't want to fight it out at consulting firms. Over there you need to be a high performer else you may be shown the door. The major consulting firms all practise "up or out", which means if you don't get promoted in 2-3 years you are asked to leave. This guy probably decided to chill out and enjoy the last 15-20 years of his career after fighting for the first 15 years.
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