Do we think McKinsey will match BCG’s 10% salary increase?

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More than yours Bain

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Stay classy 3

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It was $115k base out of business school in my day. I’m old. Also, I have no idea how McK will react. I don’t imagine we would let BCG make higher offers to students for very long.

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I don’t know as much about consulting partnerships, but law firms did this very quickly when Cravath raised. They usually had implied agreements ready to go.

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Rumor is they just increased to 165

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Mechanically, is expect it’s hard to analyze and raise a partner vote that quickly.

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BCG led the move to 147 in 2015 and everyone followed suit.

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Historically T2 firms (ahem) match or even beat MBA salary of MBB to least present the appearance of competing for the same talent. Benefits at MBB tend to be much better though.

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Probably. But probably for starts next fall. Doubt they’ll be able to react for current summers / recent starts

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But BCG changes for all existing hires. McK would surely copy for existing hires right?

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Compensation Board at Bain

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165 is nuts! It was 145 when I was in b school. I wonder if the T2 firms will also react

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EM1 - same feeing. I started at 147 in 2015. Kids these days.

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Not sure that something operational like consultant salary would require a vote of the full partnership. Would imagine that’s the type of decision left to an executive committee, which could decide quicnly

What’s BCG salary these days straight out of MBA?

Nice

Still no match, I had an offer with McKinsey, thinking about what to do now

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Hey everyone! We just launched an IG called @greeenergrass dedicated to highlighting individuals who are either trying to break into creative, entering the work force, or want to move on to greener pastures. Make finding your best work easy!

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