Did MBB have bonuses and/or raises this year? Were they lower than previous years?

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Bonuses are December for us but expect it to be a very typical year. We haven’t meaningfully slashed bonuses since ‘02. Partners take the hit way before the pain trickles down. And it doesn’t appear that 2020 will be a bad year... at all.

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Can you refer me for a lateral switch. Data science expert here wanting to play a more generalist role in BCG gamma

December for us too. We are all currently assuming that bonuses and raises will happen as usual.

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Don’t know, bonuses are at the end of the year. Expect a normal bonus as business has picked up significantly.

3 for 3. As of now confirmed full bonus payments.

Do you expect hiring to go unchanged then as well? Are things really going swimmingly?

TBD. Long term we hire for a specific growth rate. Much of this need is fulfilled by traditional pipelines (target undergrad and MBA). Shorter term of course we make adjustments for forecast and have pipelines that aren’t as seasonal (PhD and lateral). Lateral hiring effective stopped in Q2 while everyone assessed the future. I know many offices are back at it.

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