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McKinsey & Company I received an offer from McKinsey & Company in 2021 and I’ll be starting later this year after graduation. Obviously because of the pandemic, inflation is slowly trending upwards. Has anyone asked for a base salary increase before even starting the job? Any advice on how to approach this?
PwC A recruiter from PWC reached out to me to ask if I’d consider a different office the one I applied to, since it’s full. It would be Boston, Hartford, Chicago, Minneapolis, Little Rock, Denver, San Francisco or San Jose. MSA candidate. Is there a fully remote option? Do you have to be in the office all the time? Is the compensation high at PWC? Is there a possible moving expenses? Any insight or advice would help me make a decision. Thank you!
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Lots of things contribute to this perception, which is only ~partially~ true:
- LEK is on the higher side of the spectrum in terms of % of work that is PE (CDD, VDD) than MBB and other T2 firms (which have more % of projects in ops, PMI, etc.); timelines are shorter, there are more weekly deliverables, and because of that hours are slightly worse than other types of cases
- day to day team managers are immediately post-MBA level, which is an incredibly difficult job to jump into for the first ~6 months — imagine not knowing what any of your subordinates roles are and being expected to manage them and their output, often leads to rework / overwork until they get the hang of it (or the team has more experience and is able to guide)
- out by six is an actual thing that ~80% of teams hit (I personally have only missed it 3 weeks out of over 50 working at LEK, all with extraneous circumstances), and no work on weekends / past 6 on Fridays is the norm (never worked on a weekend other than prepping for Monday morning by reading email, worked till 8 once on a Monday) —> this naturally means that some weeknights are later (1-2 AM instead of 10-11 PM), but then it comes down to personal preference, and id give up those 2-3 hours in the night M-W to get guaranteed evenings on Thursday and Friday, for example.
I average about 55-60hours a week.
1. Out by six once a week (typically on Thursdays)
2. Fridays finish around 5-6 pm
3. No work on weekends
Mentor
The entry level for undergrad is 120?!
Everywhere
Could you share comp details pls? I heard entry level pay was 120
Also not really sure what you’re pointing out since my original post was very clear on the limitations..
LEK 3: that’s about what I expected. But I heard you get additional PTO if you have 3 weeks in a row where there’s more than 60 hours. Is that true?
Id say most times i expect to finish between 9:30-11:30 on m-w 90% of the time
Intern1: This is just an internship, so I don’t have the FT comp details unfortunately.
Average just over 60
What is grad internship? Like graduate student or new grad intern?
When you say you work 9-10, how many hours do you get for lunch or dinner?
You eat with what time you have.
As with nearly all elite white collar jobs, you are not “allocated” time to eat. It’s on you to carve out time to eat while still making your timelines for deliverables. No one is watching over you, but you have to deliver.
That being said, people are very understanding if you say you’re stepping away briefly for lunch. Just be cognizant of deliverables - taking a 1hr lunch while there’s a fire drill and you’re trying to get a deck out for a call in 3 hours will not be looked kindly upon.