Do Latest Salary Hikes =More Billable Hours

Not according to my colleague Carey Bertolet in the New York office of BCG. Sure there will be less tolerance for associates who are underperforming; but this hike is really an incremental raise.

I part ways with Carey wrt the last big raises in 2000. I believe these raises did change billing expectations (at least in departments that had the work.) But those raises were more dramatic (more than 30% in some cases.)

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