Related Posts
What would be my in hand after tax deductions?

Those who tuned into KPMG town hall, thoughts?
Hi Fellow fishes, I had an hr discussion with amdocs and during salary negotiation they told we can't give more than 11 lpa, they told it's the last offer and didn't negotiate at all. My current CTC is 7 lpa and YOE: 3 years. How can I renegotiate with them. Will they not process my offer letter if I ask them to reconsider? P.S. : I really want to join amdocs. Amdocs
More Posts
Any facing issue with HIS claim? My claim amount is processed and ready for payment. But its in that status for last 15 days. There is no reply even after mailing them. What to do..I am currently in NP. I am worried if it will be settled before my last working day. Tata Consultancy Tata Group
Additional Posts in Compensation in Consulting
New to Fishbowl?
unlock all discussions on Fishbowl.



McKinsey doesn’t have a base and bonus in the traditional sense. Your total comp for the year and is determined at the end of year, based on performance. “Bonus” is just the true up between that number and comp received to date i.e. “Base.”
So, even if you start in a low performance bucket, if you absolutely crush it, you will end up in the same place as a rockstar
It makes a difference if you leave the firm before year end
^true, however because they have an up-or-out model you could easily get exited if performance dipped significantly from the prior year.
Yes it is