Has anyone negotiated their Mckinsey base/bonus? (Going in as an associate- lateral hire)

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You have 0 position to negotiate either. I took about a 40% pay cut to join. But within 2 years I’d recouped that and then some while pay was relatively stagnant at the old job.

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You might negotiate a sign-on bonus. You don’t get lateral hire negotiating power at the associate level for salary or bonus

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Cant negotiate- set offer

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Will MBB ever try to lowball you because they know that you have zero leverage? Or are the offers preset by level, no exceptions on salary and bonus (not including sign on? Like if they offered me a position at $50k I would probably still take it tbh due to exit opps and comp progression.

For bcg the base salary is same for everyone in a consulting level in each country (A, C, PL, etc) with typically small tenure bumps after 12mo in a role, and bonus range changes too.
There isn’t any range to be lowballed in, totally different than D’s huge range. Much more transparency on pay.

I negotiated coming in as a second year associate with that pay

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