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Mentor
Public and social sectors are two very very different things. There’s many kinds of government consulting that pay tons of real money, even for MBB.
Very curious to know this as well
Not true
Would be very interested to hear more about this specifically for education sector.
Salary — definitely not true. Total comp — that’s a more complicated question at the Partner level.
Public sector a massive growth area for us, MDPs there are likely making more than average since there’s not enough of them to cover the business right now.
Interesting B1! I’ve heard the opposite for M, where early tenure folks get their salary docked by a percentage for focusing on social sector. Any P from Mckinsey to confirm/deny?
Public sector Partner at McK gets 60% of TC vs their colleague private sector partners
Actually heard the same tho not at the partner level
It’s probably true because government rates are low and to be competitive salaries need to be aligned. For example, Deloitte GPS pays less than commercial
Mentor
MBB doesn’t work that way. Government business is very lucrative.
It’s true at McK