We wrote about one of the common reasons why consultants move to corporates – the improved total compensation & pay/hour – in this article. But pay break-down also changes as you move from consulting to corporates.
On average, 19% of corporate compensation is in the non-cash component (e.g. equity, car allowance, and any other forms of compensation excluding basic + bonus). In large consultancies, the non-cash proportion is lower, on average 10% of total compensation.
These trends in compensation make-up do not affect overall pay – as we wrote before, pay/hour is on average 10% higher in corporates than in large consultancies – but they might surprise those considering a move to corporates, so they are worth bearing in mind.