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Looks right for S& mba. Note that it says “up to”, good luck hitting that bucket fresh out of mba
I think most people get T2 or T3 bonus their first year. T2 is about 25%
Pro
Yes, it is pretty darn accurate and has been for 10 years. People get hung up on very minor details, but it’s with a few percentage points of exact.
Yes it’s correct every year
Nope
Deloitte’s numbers are off
These bonuses are the “max” amounts, so take that into consideration
Q for the McK folks: is the 50% of MBA tuition for returning interns true for US offices? If so, when did they start doing this?
Yes, except for during covid. S& bonuses slashed by half
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Bonuses seem high for D/S&, and seem low for MBB and EY-P
EY-P bonus is pretty low
MBA salary is right for MBB but I’m not seeing bonus (apologies if I missed it in my skim). The data in this article is mostly geared toward non-MBA roles.
Sorry, I didn’t scroll down far enough. Base salary is right but bonus is max, not “typical” (which is closer to 20k for a first year consultant). This is US-specific, can’t comment on other geographies.
For the “Deloitte S&O” entries those look correct. Commercial consulting target campuses.
I would say 40k is an outlier. My friend got 5k as an SC and his base was 140k.
Accurate for us, but you need to click into the actual page. They added base and performance bonus into the “base”
Alix is at 165 not 150. Also I think we’re the only firm that gives stated bonus to everyone, not just the top 10-15%
Depends on negotiations, but most experienced hires would come in higher