McKinsey & Company Average starting salary of Associates at McKinsey & Company NY office?

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Current figures for a new ASC are:

$175K base
$30K signing
Up to $45K bonus (based on rating)

These figures reflect McKinsey's recent bump to match BCG's bump.

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When is the base change going into effect?

There is no “average” , all McK Associates make the same salary across every office in the US and at the moment it’s 165 but I’m sure it’ll be 175 to match us by end of year

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Yes

uplifting

165 K

Anyone mind sharing EM / Project Lead TC at McK / BCG?

Yeah but isn’t like 60% of the firm rated WP? I thought distinctive is top 10%, C&A is the following 20% and then WP is the following like 60%. The bottom 10% gets concerns or something like that. It’s pretty hard to ignore more than half of your workforce when the TC baseline for the same role at BCG is 25% higher. 🤷🏻‍♀️

MBB associate total comp is getting outdated quick in this market. Better to just get an entry level FAANG (sr product manager etc) job and start at $270k after you get your MBA or 6-7 yoe.

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