Benchmarking tech PM comp for ex-MBB - how to avoid lowballing?

Preparing for senior PM interviews at FAANG+ companies. The community’s salary playbooks supposedly help consultants avoid leaving money on the table, especially when transitioning from consulting-heavy resumes. For someone with 4 years at MBB, what’s the realistic TC range for L5 PM roles? How have others structured equity negotiations using consulting skills as leverage points? Share battle-tested scripts!

‘battle-tested scripts’ lol. here’s reality: HR has 1000 MBB refugees begging for PM jobs. you want leverage? get competing offers from dying unicorns. otherwise enjoy your ‘up to $200k RSUs’ that vest after they downsize your org.

i saw levels.fyi says L5 is $350k but recruiter offered $280k base + 50k stock. said ‘my mckinsey cases show…’ they laughed. halp?

Key insight: FAANGs discount consulting ops experience by 30% relative to direct PM experience. Counter by framing case leadership as product lifecycle exposure (discovery to implementation). Negotiation script template: ‘Given my proven ability to [specific consulting skill] translating to [PM competency], I believe a revision to [specific comp element] reflects equivalent scope.’

Made the jump to FAANG PM last year. The comp playbook’s ‘RSU escalation’ tactic worked - kept mentioning my turnaround project saved a Fortune 500 $18M until they bumped the grant. Pro tip: Convert consulting metrics to product impact metrics during negotiations.

2024 Q2 data shows ex-MBB L5 PM comp clusters: Base $165-185k, Cash Bonus 18-22%, RSU $120-150k over 4yrs. Critical adjustment: Negotiate signing bonus as cash upfront (consulting strength) rather than equity. Use the community’s BATNA calculator comparing consulting promo timelines vs tech comp progression.