Unregistered |
06-09-2021 04:26 PM |
Quote:
Originally Posted by Unregistered
(Post 182228)
If salary so good, why dont people stay to make to partner? understand almost all SM who hang around eventually make junior partner by age 38-40. The more poeple leave, the higher the chances for poeple who stay
|
1) Senior Manager is a really huge band. You can float within that space for 5-8 years, and increments can be very flat until you get that promotion to junior partner. You also need to be able to bring in business to the firm. If you can just deliver work but can't make sales, you'll stay as an SM for a loooooooong time.
2) SMs are normally the first in firing line from the Partners. So if you have Partners who have short tempers and sharp tongues, you will get mental lashing very frequently. I have seen it happen; sometimes you wonder why you (as a late 30s/40s senior manager) still get **** like this on a frequent basis.
3) The promise of better salary + better work/life balance outside of Big 4.
So if you are an SM being trashed weekly by your partner on a shitty salary (compared to what you would get outside) and no clear view how long before you are made junior partner, exit opportunities will look very good to you.
|