Base salary for top end Principal in Singapore? MBB / OW?

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330k SGD. 35-65% bonus. So overall 440-540k.

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Whats the starting range?

I think the base is more like 250k sgd in MBB

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Total comp looks super low for top end principals. Base looks fine.

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This is year 2-2.5 principal. Post that they are junior partners (non-equity) where the numbers are higher.

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I had seen some BCG numbers and that seems to be off - unless I got the wrong data points . My understanding is that it is more like 250k sgd base + 200k bonus so 450-500k sgd is a principal compensation

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I had seen it 4 months ago .

250 base is very off because EM base salaries are over 250. At Oliver Wyman the base goes up to 280k for top EM

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T2 might pay at mid level more than MBB to attract people as the value proposition is weaker than MBB - worse exits , lower future partner compensation , less partner spots . So makes sense to have 30%+ premium at T2 comparing to MBB as 5 years Future cash flow is the same .

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Is there anyone from MBB to confirm the numbers ?

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How much do McKinsey and BCG principals make?

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Is this for first year principal or top end? Sounds more like first year principal (based on other responses)

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Any principal . There are some urban legends about MBB principal base but it is really below 300k sgd

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I’ve heard top end principals can go up to 700k sgd (anecdotally)

Tier 2. Year before they make partner.

Bain here. 285K base + 145K bonus and then profit share which is about 50-60k in a good year.

Is that a target bonus or top performer bonus ?

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