Can someone from McKinsey share what the 1st year EM base and bonus % is since the recent BCG-led market adjustment?

like
Posting as :
works at
You are currently posting as works at

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

likehelpful

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

Related Posts

Hey everyone, I'm about to join knowledge management, can anyone give me some tips regarding the interview?? What should I know about KM? What are its area of expertise? Why is it a better option etc?

likehelpful

I have an offer from IBM with band 7A. Could you please tell me how much hike i would get after 2 years if i join IBM, as i have an offer from TCS too and they are giving more than IBM. Also please mention the benefits which i will get.
YOE- 5.5 years
Domain - SAP SD

like
like

Does anyone know the mechanical engineer II salary range for Pratt & Whitney?

Do they offer profit sharing or any other financial incentives?

Hi Fishes,

can anyone tell me what will be the in-hand salary for 13.5 LPA after tax deductions?

like

What is the salary range for TR5 and TR4 band in Thomson Reuters?

like
like

PwC give this last week of Dec as holiday every year. Does any of from CHWTIA has same policy?

I just switched from the Project Specialist track at Deloitte to a Sr consultant. Should there have been a jump in salary? Or would the difference come in the year end bonus potential? Federal

like

Please help him with referrals.

Correction: TC 51.3 has 15% variable.
Experience: 11 years (Marketing & Brand Manager)

Location: Bengaluru, Karnataka

#mba #marketing #branding #layoff

Post Photo

ANZ McK fish - what is the comp gap between an mba vs non mba associate? When does the comp gap get closed (em level?)

like

I've been offered a job offer at Kyndryl ( previously IBM ) as a Delivery Project Executive in British Columbia. Can anyone please guide me how much compensation/benefits/incentives I should negotiate for overall? IBM Kyndryl Kyndryl Inc.

like

Has anyone here had an interview with ad agencies like xaxis, mindshare?How’s the interview process like?

like

Hello ,

I have recently given interview and Microsoft for AZURE cloud. Next day after the interview, HR called to provide feedback that I am not match for current role but not rejected also. They are putting me into talent plus pool.

What can I expect next ? will I get offer ?

like
like

can anyone tell me what is the work policy in S & P Gurgaon ? is it hybrid model or wfh?

If someone was hired in first half of 2021 in Nagarro, was anyone offered with compensation structure that had variable component listed explicitly? I was hired in Sept 2021, and was not having any variable component. So, will I be getting 5% variable at any stage in coming months considering all new hires do have variable component?

like

Hi. Currently interviewing at a few companies and wanted to know about Prophet Brand Strategy & Capco…

Are they good companies to work for and what is their WLB like?

like

Is 250k + carry a reasonable offer for venture / growth investing? Should I be looking for more? Associate role in NYC

like

I have a Tech screening round for Zillow which would entail live coding for Salesforce Sr. Developer position. How should I prep?

like

More Posts

What are the benefits that thoughtworks provide, generally how much hike do employees get(frequency & %) and how is the culture there?

Any MBAs here that competed in a case competition or an entrepreneurship case competition and willing to chat?

like

Has anyone noted their resignation but then was able to be talked into staying? My firm is doing everything to try to keep me and it’s really making me question if I should leave.

like

I am an awarded European CD (O1Visa) and I want to move to NY for some time: which do you think are the most successful options? 1: Creative freelance 2: CD 3: CD for fashion/luxury (my background)

like

Start studying the government and NFP stuff (last chapters of becker.) always heavily tested so if you can try to learn that before Friday you might have a better chance

like

hi fishers...please like this post..as i need it to unlock the dm...

Thanks!!

like

Any tips for finding a new role in BizOps? I have 2 YOE at a late stage tech company but I don’t get many hits from headhunters on LinkedIn.

Just out of morbid curiosity: do they really chase after you for the remainder of your pro-rated sign-in bonus if you leave earlier than anticipated? What if you get laid off?

like

Coming to SD for vacation - first time! Where would you recommend someone stays? Things I’m into: food (specifically seafood), walks along the beach, markets/shopping (handmade, artsy stuff, boutiques, etc.).

likeuplifting

I was a contractor at Google for 2.5 years then accepted a permanent role at Amazon. I am trying to come back to Google but I seem to have no luck. Anyone have any suggestions?

like

I am a 2019 passout Mechanical Engineer having 3.5 years of experience as a Senior Engineer in Industrial management,SCM, Production,Process planning, SAP PPQM role . I am looking for opportunities in the same field In A.M/Sr.Engg roles . Kindly refer to me if any opportunities are available. My preferred location is Mumbai/Pune but I am ready to relocate to other locations if the opportunity is good. Thank you.

like

I am looking for a real estate agent in the Bay Area. Does anyone have someone they would recommend?

like

Booking a local weekend trip with the wife and I have an option to spend 100k Bonvoy points for 2 nights or use 50k + 1 free night award up 50k. Since my free night expires mid-next year, I should go ahead and use that first before using my points right? Hotel is 50k a night/category 6.

like

Hi Fishes, IBM vs Tiger Analytics? Which will be a better company in terms of WLB, work culture, growth and learning opportunities? Any feedback/help would be appreciated. YOE-3.5 Skillset-ETL Dev Tiger Analytics IBM

like

Damn, talk about burning a bridge. Also calling BS that this person likes paying taxes...

Post Photo
likefunny

This is fire 🤟🔥

Post Photo
like

When a recruiter tells you the salary range in the first interview, is that firm? Is there typically room to negotiate above this if you're chosen?

likefunny

I was previously an employee of cmc ltd which amalgamated to tcs in 2015… Will my relieving letter contain the total experience of cmc + tcs?

like

Additional Posts in Compensation

I remember that this was asked before but I cannot find the original post. What is the salary range for a Deloitte M1 in London? Considering a move from the Deloitte digital US

like

Any fish have an idea of the potential compensation ranges for Gartner? In sales.

like

RSU question. Why do some tech companies offer shares and why do some offer real $ value? How do you evaluate them differently?

like

What is salary range for Deloitte - Senior Consultant - Healthcare Operations in HCOL area (NY, SF)?

like

What are examples of “technical” questions at Deloitte?

like

Can someone who is familiar with Deloitte’s pension plan provide details? Curious

like

I just switched from the Project Specialist track at Deloitte to a Sr consultant. Should there have been a jump in salary? Or would the difference come in the year end bonus potential? Federal

like

Anyone know EY TAS TS Manager (2nd yr) NYC pay range?

like

Germany - Principal: how much do they make fixed / all-in? MBBs? S&? OW?

likesmart

Realistic base comp and signing bonus for an experienced hire BCG Principal?

like

Can I go back to a recruiter at a tier 1 or 2 Tech firm and increase my expected comp? If so, what are good tactics to use? What's the risk of doing this?

like

Does anyone else compulsively calculate potential promotion and/or merit raises just to see what their new salary could be? I calculate a worst, mid, and best case scenarios regularly.

I am aware it is a super unhealthy habit of mine and that my estimates are likely way off anyways.

Just me? Ok cool.

like

What is the salary range one can expect for a Manager level in Sloam Consulting based out of New York , advise appreciated

likehelpfulfunny

10% base as bonus. What do you all think?

like

What’s the salary range for first year SCs in Deloitte Cyber? Considering taking up exp. C offer and being up for promotion in first year at firm.

like

I’m sure this has been asked, but when is the best time to discuss salary in the recruitment process?

like

Offer at Fed D cyber risk in the upper 80's at C. Me: cleared with 3 years experience with Sec+, also CISA on they way. I'm thinking negotiating to mid 90's. Thoughts?

like
like

Anyone know what an Entry Level/Experienced Associate makes at Guidehouse? Thanks 🐠

like

Those who are moving from Big 4 deal advisory to Boutique firms like RSM CFGI GT etc, how is the compensation at these firms at the Director level?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal