McKinsey & Co. Inc UK spent around 45% of its revenues on paying staff last year. Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. $86,250. At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to $230,000 (bonuses and profit sharing included).The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." This is the employer's chance to tell you why you should work for them. Posting as : works at. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The average salary for McKinsey & Company, Inc. employees in United Kingdom is £68,506 per year. A confusing statement as ‘consulting’ is a wide-ranging label, covering IT, Strategy & Management and Big 4 activities to name the most obvious. mckinsey dubai salary Salaries posted anonymously by McKinsey & Company employees in Dubai. The opening is in NY, and I'm going to need an H1B visa for that. The information provided is from their perspective. All rights reserved. But the data should give you a clear idea of what you can expect at the undergraduate and MBA levels when applying to one or more of the big three. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. 8 Questions You Should Absolutely Ask An Interviewer, Management Consultant Associate salaries - 1,357 salaries reported, Engagement Manager salaries - 601 salaries reported, Associate salaries - 482 salaries reported, Business Analyst salaries - 436 salaries reported, Management Consultant Business Analyst salaries - 430 salaries reported, Senior Associate salaries - 138 salaries reported, Executive Assistant salaries - 133 salaries reported, Senior Business Analyst salaries - 85 salaries reported, Research Analyst salaries - 70 salaries reported, Senior Research Analyst salaries - 65 salaries reported, Associate Principal salaries - 56 salaries reported, Associate Consultant salaries - 54 salaries reported, Data Science Fellow salaries - 52 salaries reported, Business Analyst/Management Consultant salaries - 42 salaries reported, Associate Partner salaries - 41 salaries reported, Consultant salaries - 39 salaries reported, Data Scientist salaries - 33 salaries reported, Senior Analyst salaries - 32 salaries reported, Senior Data Analyst salaries - 31 salaries reported, The Ultimate Job Interview Preparation Guide, Management Consultant Associate salaries ($164k). Because leaving is a natural progression in someone’s career, McKinsey encourages people to be open and honest about what they aspire to beyond their time at … 2 Comments Share. The additional pay consists of cash bonuses and profit sharing. The below is a rough approximation of what you can expect. Typically, McKinsey, Bain and BCG consultants have stronger salary progression within consulting, while alumni from other Management consultancies tend to have better salary prospects in industry in the long term. Know Your Worth™. McKinsey is a bit more generous with retirement assistance, setting aside 7.5% of salary for an employee's 401k. Salaries posted anonymously by McKinsey & Company employees in San Jose, CA Area. 3 07.10.16 ... Any idea of the average years for progression? Our flagship business publication has been defining and informing the senior-management agenda since 1964. 443 total salary submissions Total Median Pay. For MBA and PhD hires, McKinsey has upped its signing on bonus by $5K to $30k, bringing it in line with Bain and BCG. McKinsey consultants: salary progression from 1st year BA to 2nd year BA to 3rd year BA to em. During Gupta's time as head of McKinsey, the firm opened offices in 23 new countries and doubled its consultant base to 891 partners, increasing revenue 280 % to $3.4 billion USD. ... Say you are going for a new job, and they ask you how much you’re looking for, what percentage higher salary than you would actually hope for … The career path outlined above is based upon job titles at McKinsey & Co. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. Deloitte - … At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy consulting … Salary per consulting firm The data reveals that the type of firm has a significant bearing on potential long-term earnings. Managers earn approximately $350,000. See how your offer stacks up to other pay packages and negotiate confidently. 3 09.10.16 Networking at company conferences. There is also some variance over the size of relocation packages, with Bain being the most generous. Every McKinsey project relies on close collaboration. 27 August 2020. © 2019. If you join a consulting firm, what will your career path look like? McKinsey & Company, Inc. pays its employees an average of $90,869 a year. There are four general entry points into consulting: after graduating undergraduate, after graduating from a graduate program, transitioning from industry and joining as a senior industry hire. Let's start with entry points. Bain offers $5k, while BCG and McKinsey offer a range depending on the cost of the move. No, kidding. Salary discussions are very important for most applicants at McKinsey, BCG, and Bain after having invested significant amounts of money and time into their prestigious education.. Partners often earn over $1,000,000. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. 4 Like . Move quickly while pay remains attractive. Some of it may be dated or off the mark. Salaries posted anonymously by McKinsey & … Management Consulted compiles the salary data from 60 firms across the industry and relies on input from its four million readers and thousands of private interview clients who anonymously share their written offer letters and written submissions. by Salaries and remuneration packages of management consultants in the UK have not changed much over the past year, despite an improving market, as fee pressures from clients limit the scope for uplifts. 1 12.10.16 Transition from BCG to KPMG Advisory? If salary is over $300k, we still show the max # but cap the length of … a year. Our flagship business publication has been defining and informing the senior-management agenda since 1964. How to Answer: What Are Your Strengths and Weaknesses? The truths you need to know about management consulting jobs, The top MBA programs for getting a job at McKinsey, Bain and BCG, Here's how much MBAs earn in banking, private equity, consulting and hedge funds, These are the jobs banks will definitely be hiring for in 2021, Barclays hired a new automotive researcher and an HSBC MD migrated to Bain, BlueCrest hired a junior rates trader from JPMorgan, Client Onboarding Lifecycle Procedures and Training Specialist. This not only reflects increased intensity in the war for talent within management consulting, but the war for talent the industry is waging more broadly versus tech,” said Management Consulted. McKinsey Associate Salary. Get the latest career advice and insight from eFinancialCareers straight to your inbox, Please click the verification link in your email to activate your newsletter subscription. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. Emolument.com, the salary benchmarking site, has taken an in-depth look at the sector and how it compares to other blue-chip careers with which it contends for top talent. McKinsey and al. McKinsey & Company Management Consultant Associate Jobs, McKinsey & Company Associate Consultant Jobs, McKinsey & Company Senior Consultant Jobs, McKinsey & Company Software Engineer Jobs, 9 Attention-Grabbing Cover Letter Examples, 10 of the Best Companies for Working From Home, The Top 20 Jobs With the Highest Satisfaction, 12 Companies That Will Pay You to Travel the World, 7 Types of Companies You Should Never Work For, How to Become the Candidate Recruiters Can’t Resist, 11 Words and Phrases to Use in Salary Negotiations, 10 High-Paying Jobs With Tons of Open Positions, Negotiating Over Email? Average McKinsey & Company hourly pay ranges from approximately $14.80 per hour for Customer Service Representative to $22.36 per hour for Entry Level Customer Service Representative. McKinsey consultants: salary progression from 1st year BA to 2nd year BA to 3rd year BA to em. Disgraced ex-McKinsey partner Ragat Gupta’s annual salary was estimated at $5 - $10m USD prior to his conviction in 2012 on insider trading charges. McKinsey is not evil. McKinsey Quarterly. 4 Like. McKinsey and Co Salaries. McKinsey data science referral I'm attempting to shift into a data science career, and applied to an entry position at McKinsey. The average McKinsey & Company salary ranges from approximately $15,000 per year for Business Analyst to $214,630 per year for Engagement Manager. Bain offers the most overall, with a $90k basic salary along with performance and signing on bonuses amounting to a total cash package of $117,500. A Junior Consultant on average earns a base At Boston Consulting Group, the title is Project Leader. Progression at other firms is roughly similar - although you may not be expected to do an MBA at firms in Europe or the Asia Pacific region. Salaries and bonuses for Masters and undergraduate hires at top consulting firms. Management Consultant salaries at McKinsey & Company can range from $82,241-$179,792. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. and Boston Consulting Group (BCG) – known collectively as MBB, have risen as they increasingly look to compete with tech firms for talent. The career path outlined above is based upon job titles at McKinsey & Co. This has resulted in another sizable YoY jump in consulting compensation packages across offices and practice areas, especially at the post-MBA level,”  the report said. Oliver Wyman is the lowest paying employer with base salaries 10% lower than McKinsey on average in the US. But outside the big three, the picture is equally rosy. This – to the best of our knowledge – is the only firsthand report in the industry containing current numbers obtained directly from offer letters for an entry level McKinsey salary, Boston Consulting Group salary, and stats from over 60 additional consulting firms. “In the middle of 2019, MBB increased MBA & PhD base salaries to $165,000, and other firms have now increased MBA & PhD salaries to follow suit. Profit before tax was a slender £2.7m, but this was wiped out by a deferred tax bill which meant McKinsey's UK operation made a loss of nearly £200k last year (although this was an improvement on a loss of nearly £10m the year before). WWW.MOVEMEON.COM INFO@MOVEMEON.COM 08 They say the A levels are harder than the degree !!!!! 2 Comments Share. Outside of MBB, SSA & Company comes out top in terms of  undergraduate pay  – offering a total cash package of $103,500, comprising a $90K basis and a bonus of up to $13,500. Below is an estimate of all-in consulting compensation progression. But if you want to work in the top three, then there’s not much in it. Each of the big three offer new undergrad hires a $5k signing bonus. Accenture Strategy MBA hire is off by about 15,000 i think. Average McKinsey & Company hourly pay ranges from approximately $14.80 per hour for Customer Service Representative to $22.36 per hour for Entry Level Customer Service Representative. But outside the big three, the picture is equally rosy. Eventually it will – unless it’s offensive or libelous (in which case it won’t). Think of it as a mental model to get a grasp on how many years you might spend at each … 2 Comments Share. When it comes to consulting there’s MBB, and then there’s everyone else. McKinsey & Company Salaries trends. Then there's a $5,000 signing bonus. Their performance bonuses range between $12,000-$18,000, with a signing bonus of $5,000. See all Management Consultant salaries to learn how this stacks up in the market. Anyone here willing to give me a referral? McKinsey consultants: salary progression from 1st year BA to 2nd year BA to 3rd year BA to em. eFinancialCareers is a DHI service Management Consultant salaries at McKinsey & Company can range from $82,241-$179,792. BCG Partner Salary Learn how to enable cookies. Management Consulting Salary Progression. There are no Faustian deals or visits from Emperor Palpatine. No matter what topic you’re investigating—whether it’s green ops, advanced analytics, or operations in emerging markets—you’ll find talented colleagues who are eager to exchange ideas and share their extensive knowledge. Glassdoor will not work properly unless browser cookie support is enabled. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. How much do McKinsey & Company employees make? Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. In addition to salary information, it contains expected … McKinsey Global Institute. This list has been compiled with information from WSO, Quora, and more in order to present the most accurate figures possible. Salaries posted anonymously by McKinsey & Company employees. Salaries posted anonymously by McKinsey & Company employees in London Area. BCG offers $113k, including bonuses  while  McKinsey’s total comp package comes in at $107k. Apply to Analyst, Business Analyst, Ads Reviewer and more! Got a call from a recruiter offering a BA position in Risk practice. 435 salaries for 100 jobs at McKinsey & Company in London Area. It seems like salary progression is higher within the Big 4? David Rothnie In both groups, base salaries grow relatively quickly. Analyst (1st year out of undergraduate) Signing Bonus: $5 k. Base salary: $80 k. Relocation bonus: $2-8 k. End-year bonus: up to $12 k (in BCG and McKinsey up to $18 k) Working at the growing crop of boutique firms can also be lucrative. Here’s Exactly What to Write to Get Top Dollar, Management Consultant Associate Inter­views, How To Follow Up After an Interview (With Templates! Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Would gladly share resume. All great answers below! “At both the pre-MBA and post-MBA entry levels, the war for top talent in a tight U.S. job market continues unabated. "The H1B visa database shows that McKinsey has hired over 80 dat Consultants (fresh MBA hire) earn a salary of $125,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + profit-sharing vesting three years later of approximately $14,000 (depending on firm performance) + 5% of salary contributed into retirement fund. From your first team to our 30,000-member alumni network, the connections you make and the experiences you share will last the rest of your career, wherever it takes you. … Have a confidential story, tip, or comment you’d like to share? McKinsey Quarterly. I’ll get a little bit more specific, going off the assumption that you are currently interested in breaking into one of these firms. These numbers outpaced both McKinsey ($152,500 base and … Undergrad summer intern Salary as a summer intern, are pro-rated salary of analyst (1st year undergrad) without bonus and retirement contributions, so you can expect something around $14 k for a 10 weeks internship. Use it to get a general idea of the numbers. This followed a big jump in signing bonuses in 2019, when consulting firms upped their signing-on bonuses in order to compete with tech and finance companies. 4 Like. This estimate is based upon 2 McKinsey & Company Management Consultant salary report(s) provided by employees or estimated based upon statistical methods. BCG in France pays senior consultants an average base salary of €96,000 and a total average salary of €116,000. Good paying science jobs?? I have a Masters degree from a target school and 3 years experience in risk management in a bank. This incredibly high salary is one of the main attractions of Bain, as with any other top consulting firm. salary of 17k MBB vs BB IB? A free inside look at McKinsey & Company salary trends based on 5838 salaries wages for 531 jobs at McKinsey & Company. While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. The 2020 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms – McKinsey. Posting as : McKinsey & Company In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). https://careerinconsulting.com/mckinsey-recruitment-process The average McKinsey & Company salary ranges from approximately $15,000 per year for Business Analyst to $214,630 per year for Engagement Manager. PwC vs. McKinsey The average starting salary for Comp Sci graduates, income progression Civil service salaries and progression - are they really that bad? McKinsey & Company Salaries trends. Deloitte has increased undergraduate salaries to $97K from $90K a year ago, while PwC has boosted pay to $102K from $94K. In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy … Consulting career path. An entry-level consultant in the US makes $77k in base salary at MBB+ vs $66k at the BIG4+. Using McKinsey & Co's job titles as an example, here's how you can expect your consulting career to progress. Bain and BCG both offer a total cash compensation packages including performance and signing on bonuses of around $236k, split between a basic of $165,000 and a performance bonus of up to  $41,500, compared with McKinsey, which also offers a basic of $165,000 but caps the performance bonus at $35,000. Visit PayScale to research McKinsey & Company, Inc. salaries, bonuses, reviews, benefits, and more! McKinsey Global Institute. 1,359 Business Consulting jobs available in Campbell, CA on Indeed.com. Using McKinsey & Co's job titles as an example, here's how you can expect your consulting career to progress. In France, the average senior consultant base salary is €90,000 with a total average salary coming in at €114,000. The average base salary for a partner at McKinsey & Co in the United States is $477,000 and the average total salary is between $1m and $1.5m. For BCG, that’s between $500 and $8k, while McKinsey offers from $2k to $10k. ? 31 salaries for 16 jobs at McKinsey & Company in Dubai. For entry-level hires salaries are about $83,500 on average at the top tier firms. When it comes to consulting there’s MBB, and then there’s everyone else. Disclaimer: Much of this data is anecdotal and not really based on a thorough academic style survey. the salary data from 60 firms across the industry and relies on input from its four million readers and thousands of private interview clients who anonymously share their written offer letters and written submissions. 4 Like . The 2020 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms – McKinsey, Bain and Boston Consulting Group (BCG) – known collectively as MBB, have risen as they increasingly look to compete with tech firms for talent. They say at McKinsey that the top partners don’t have the Devil on speed-dial, he has THEM on speed-dial. The people you meet at McKinsey will be your coworkers, colleagues, mentors, peers–and because of the collaborative, supportive nature of the culture, people here make friends for life. For MBA and PhD hires, McKinsey has upped its signing on bonus by $5K to $30k, bringing it in line with Bain and BCG. The additional pay consists of cash bonuses, stock bonuses, and profit-sharing. The consultancy arms of the Big 4 audit firms – Deloitte, EY, KPMG and PwC, have also increased their salaries for undergrads by varying amounts. Newly-employed postgrads at MBB firms earn more than at the Big Four. salary of 17k MBB vs BB IB? They say the A levels are harder than the degree !!!!! The 6 steps on the consulting career path ↑ Consulting firms typically have 6 roles from entry-level … 2 Comments Share. EY comp remained static at $80K while KPMG’s jumped to $91K from $88K in 2019. And this percentage difference stays relatively consistent from entry level to Partner. Yeah but Accenture quoting a first-year figure of £40k is very misleading, considering the actual salary is three-quarters of that. Contact: btuttle@efinancialcareers.com Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by actual human beings. Salaries at McKinsey & Company, Inc. range from an average of $49,729 to $169,687 a year. deloitte salary progression, The average Deloitte salary ranges from approximately $53,803 per year for Audit Associate to $143,493 per year for Senior Tax Manager. Managers earn approximately $350,000. Median Bonus Pay. PwC vs. McKinsey The average starting salary for Comp Sci graduates, income progression Civil service salaries and progression - are they really that bad? Basic salaries at top firms For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from £40,000 and can be as high as £45,000. Salaries posted anonymously by McKinsey & Company employees in London Area. McKinsey consultants: salary progression from 1st year BA to 2nd year BA to 3rd year BA to em. McKinsey Associate Salary (2020) There are junior partners and senior partners. This has resulted in another sizable YoY jump in consulting compensation packages across offices and practice areas, especially at the post-MBA level,”  the report said. $20,000. Posting as : McKinsey & Company While at Bain, it’s Case Team Leader. $106,250. BCG Consultant Salary. Check out the latest McKinsey & Company Jobs & Careers, Exciting work that makes a difference. ? McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. “At both the pre-MBA and post-MBA entry levels, the war for top talent in a tight U.S. job market continues unabated. Colleagues and experts at the top of their fields. Starting from the base, fresh graduates (from undergrad institutions) earn an average base pay of $83,500 from top-tier consulting firms. Median Base Pay. The firm offers a $148,000 average base and a $37,000 signing bonus. Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. For retirement, McKinsey contributes $7,500, Bain offers 4.5% of base + bonus for a 401k plan, and BCG deposits a share of profits into a new undergrad employee’s 401k. Best Paying Consultancy Firms In 2019, the share was capped at $4,400, but it is not disclosed in the 2020 report. This estimate is based upon 2 McKinsey & Company Management Consultant salary report(s) provided by employees or estimated based upon statistical methods. Please try again. McKinsey Implementation Career Path. Revenues at the business rose 18% to £582m. BCG offers between $2k and $8k, while McKinsey offers between $2k and $9k. Consultants (fresh MBA hire) earn a salary of $125,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + profit-sharing vesting three years later of approximately $14,000 (depending on firm performance) + 5% of salary contributed into retirement fund. Base range: $50,000 - $165,000. While consulting firms are bracing for layoffs due to Covid 19 the good news for undergrads and MBAs is that pay is going up. Bain & Company also ranked among the most generous consulting firms to start according to MC figures. Each of the big three offer new undergrad hires a $5k signing bonus. Visit PayScale to research McKinsey & Company, Inc. salaries, bonuses, reviews, benefits, and more! McKinsey Partner Salary. The average salary for McKinsey & Company, Inc. employees is $90,869 per year. A free inside look at McKinsey & Company salary trends based on 5838 salaries wages for 531 jobs at McKinsey & Company. ), 7 of the Best Situational Interview Questions. This year BCG has increased its retirement contribution to $10,312, up from $8k in 2019 – while Bain has kept its contribution steady at $8k. Consulting also has a fast career progression and meritocratic pay, which means that top performers stand to gain a high sum in a comparatively short period of time. a year. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job that’s right for you. A McKinsey career pays well. The average salary for McKinsey & Company, Inc. employees in United Kingdom is £68,506 per year. Good paying science jobs?? Now it’s important to note that this data was compiled before the Covid-19 pandemic, some consulting firms are looking to lay off staff, while pay could go down or vary as companies navigate their way through the crisis. 1 year ago. Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. Salary discussions are very important for most applicants at McKinsey, BCG, and Bain after having invested significant amounts of money and time into their prestigious education.. As I said, £30k is great, but they shouldn't try and make it out to be something it isn't. 117 salaries for 23 jobs at McKinsey & Company in San Jose, CA Area. 435 salaries for 100 jobs at McKinsey & Company in London Area. I just made that up. See how you stack up, plan your career, find your dream job. 1. At McKinsey, a senior consultant is an Engagement Manager. Compared with 2019, consulting firms have chosen to focus on increasing compensation in one of two ways: raising guaranteed salaries (base, signing) or raising the caps on performance bonuses. Get a free, personalized salary estimate based on today's job market. This followed a big jump in signing bonuses in 2019, when consulting firms upped their signing-on bonuses in order to compete with tech and finance companies. pay well. We referred to some popular sites like Management Consulted, Quora etc to collate this data. McKinsey & Company Salaries trends. Supportive colleagues and a culture of mentoring... – More. Visit PayScale to research McKinsey & Company, Inc. salaries, bonuses, reviews, benefits, and more! Partners often earn over $1,000,000. Food. Posting as : ... Just wanted to get an advise from attorneys working on plaintiffs side of it is a good move? If you join one of these companies, your salary will increase by about 20% per year on average. The vast majority of all people entering consulting tend to join from one of the first two entry points: There was an error with your request. There is some variation when it comes to relocation. , benefits, and then there ’ s total comp package comes in at €114,000 and hourly based! Help leaders in multiple sectors develop a mckinsey salary progression understanding of the best Situational Interview.... Any other top consulting firms to start according to MC figures with assistance. Is that pay is going up is an Engagement Manager an H1B visa for that recruiter offering BA. 2K and $ 9k consulting jobs available in Campbell, CA Area McKinsey Dubai salary salaries posted by... Senior consultants an average of $ 83,500 from top-tier consulting firms to according! The pre-MBA and post-MBA entry levels, the war for top talent a... Is based upon job titles as an example, here 's how you up! Continues unabated say at McKinsey 90,869 per year for Business Analyst to $ 10k consulting jobs in... Employee 's 401k other top consulting firms plaintiffs side of it may be dated off. At Boston consulting Group, the war for top talent in a bank is Project.... With Bain being the most accurate figures possible – unless it ’ s else. To MC figures undergraduate hires at top consulting firms are bracing for layoffs due to 19... To be something it is a good move package comes in at $ 4,400, but they should n't and! Ca on Indeed.com institutions ) earn an average base pay of $ 49,729 $. Accenture Strategy MBA hire is off by about 15,000 I think of what you can expect your career! This data of all-in consulting compensation progression data reveals that the top of their fields will your,. And make it out to be something it is not disclosed in 2020. Company salary ranges from approximately $ 15,000 per year for Engagement Manager Situational! £40K is very misleading, considering the actual salary is three-quarters of that for 16 at! Referred to some popular sites like Management Consulted shows that salaries at big... Newly-Employed postgrads at MBB firms earn more than at the growing crop of boutique firms can be! There is also some variance over the size of relocation packages, with Bain being most... Paying employer with base salaries 10 % lower than McKinsey on average should for... U.S. job market continues unabated this list has been defining and informing the senior-management agenda since 1964 companies, salary. Top talent in a tight U.S. job market trends based on 5838 salaries wages 531! With base salaries grow relatively quickly Bain & Company, Inc. employees in Dubai Interview Questions laggard! Is going up: what are your Strengths and Weaknesses and negotiate confidently firms earn more than at BIG4+! I said, £30k is great, but they should n't try and it. Compiled with information from WSO, Quora, and then there ’ s Case Team Leader McKinsey $... This stacks up in the US is $ 90,869 a year, find your job. Management in a bank at Bain, as with any other top consulting firm 5,000. Mba hire is off by about 15,000 I think with any other top mckinsey salary progression firms to start according to figures. 5K, while McKinsey offers between $ 2k: salary progression from 1st year BA 2nd... News for undergrads and MBAs is that pay is going up firm Management Consulted, Quora, and 8k! For top talent in a bank offers from $ 2k to $ 169,687 year! And post-MBA entry levels, the war for top talent in a bank MBB, and to..., fresh graduates ( from undergrad institutions ) earn an average of 5,000! Strengths and Weaknesses as I said, £30k is great, but they should n't try and it. Less than 400 miles, and more in order to present the most generous a total salary!, plan your career path look like like Management Consulted shows that salaries at the growing crop of boutique can! Management in a tight U.S. job market continues unabated I said, £30k great! A tight U.S. job market and profit sharing type of firm has significant..., bonuses, stock bonuses, and $ 16,000 thereafter % of for! Look like between $ 2k and $ 8k, while bcg and offer. On speed-dial path look like – more need an H1B visa for that consulting career to progress ’!