{ "media_type": "text", "post_content": "Just joined McK as a BA from a master’s with 1 yoe. Can someone help me understand how the comp progression looks like? I heard your TC becomes your base next year. I know we get reviews twice a year, but does comp adjust accordingly as well? What’s the ballpark comp figure from 2nd year BA to EM (assuming I get it)? \n\nMcKinsey & Company", "post_id": "60a93a1f3b333d002f56e56b", "reply_count": 9, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Just joined McK as a BA from a master’s with 1 yoe. Can someone help me understand how the comp progression looks like? I heard your TC becomes your base next year. I know we get reviews twice a year, but does comp adjust accordingly as well? What’s the ballpark comp figure from 2nd year BA to EM (assuming I get it)? McKinsey & Company

like
Posting as :
works at
You are currently posting as works at

I don’t know that you go from BA to EM. I might be wrong.

Personally don’t know anyone who made it in 2 years. 3 years is already insane.

like

Im in the NYO if helpful!

Location doesn’t matter. Fall reviews determine comp. Base pay increases 5-7% y-o-y and TC doesn’t become base next year. However TC increases substantially more than base y-o-y. After you make EM you get a retention bonus and by 2nd year as EM, your TC will match TC of post MBA EMs.

Damn. So you go from about 100k to 250k TC in about 4 years?

Post in our company bowl, you’ll get a better response

^

Related Posts

Up for a promotion from SC to M. Just got an offer to work for a nonprofit doing the work I love, but with a 10-percent salary cut from my Deloitte base. Would of course have a better WLB. Thoughts?

like

Does anyone know how much of your check gets “comp’d” when your PTO balance is finito?

like

Received an offer from Accenture for Manager Level 7 with base salary of 160k. Is the salary at par with the latest market trends?

like

I am in cloud engineering. My current salary is 140k and this is my milestone year to become manager. I have been getting offers from non FAANG companies but capped at 150- 165k. All roles are typically through service companies and of cloud engineer profile. My dilemma is that I don’t know if I should exit to lesser known firms since brand is of some importance to me. 1. Are the salaries being quoted normal for cloud ? 2. Is it worth leaving at this point of my career or should I make the move

like

I hate the fact that when recruiters reach out they don’t say what the salary range is, virtual or in-person, weekly hour expectations, how big the accounting department is, or literally anything you would want to know before deciding whether an interview is worth your time.

like

26F asked for housing advice earlier and back asking for more :). Will be starting as an associate at S&C at the end of the month. Current financial situation is - ~200k of student loans; ~80k of investments; and a starting salary of 200K. I have no financial support form family and am sure that I will never receive any money/inheritances. I plan to leave Big Law as soon as I can financially afford to do so. (Continued below)

like

In a world of remote consulting work…. How long can the US maintain its high premium over European and, esp. developing market consulting? Both price tag to clients and significantly higher salaries for the people. I imagine may move faster at Big 4, etc. than MBB, but within MBB the huge cost and salary differentials feel… increasingly hard to maintain (even though I think the differential has actually gotten bigger, not smaller in the last two years). Thoughts?

like

Is 120k an acceptable salary for Dallas, Texas? I’m taking a pay cut to move there from San Francisco

like

How is IBM Enterprise Strategy? WLB, Comp vs B4, team culture, work overall. Appreciate any insight- thanks!

like

Those who have switched firms recently: what signing bonus did you negotiate? And for what staff level?

like

How do I dress like a McKinsey while on a Deloitte salary? Any cheap places to get a bunch of blazers? Willing to import.

funnylike

Anyone work with amazon private brands team? How is comp, wlb, work in general?

helpful

Irrespective of company I want to move as there is no hike bonus nothing from past 2 yrs .financial crisis are increasing day by day for me ..please refere me to any company as I have experience of 2yrs + as process specalist

like

Does anyone have any info on the lifestyle and comp of Alvarez and Marsal, Corporate Restructuring?

like

Hey guyz, Last week on Wednesday i got call from Mumbai Capgemini HR for salary discussion and DOJ then after she said she will release my offer letter with in 3-4 days. But on 18th sept i.e Saturday evening I got a message from them asking for alternate email id and Phone number for creation of profile on CG portal. Now in how many days i should expect my offer letter? Anybody can help me out?

like

Hi everyone, I have an hr discussion with Siemens on Monday. With current CTC 9.1 LPA, can I ask for 20 lpa fixed component(I'll be joining within 30 days) will there be any joining bonus. If yes, will hr inform me or should I ask about it explicitly. Ps: I have offer letter in hand with 15.5 fixed + variable as per company performance from EY. 6 more interviews are in HR discussion or offer release stage. Any thoughts welcome

like

NYC. Have one year of cw experience at a well known shop (started at 50) thinking about changing shops. What should I expect in terms of salary? 55k?

Anyone get promoted mid year After receiving the bonus/review? (No pay increase for the promotion)

like

Can someone compare (type of work, exit opps, comp, etc.) consulting at a major firm for a tech sector group vs. a financial services sector group?

like

I got a $8,000 raise for year end and promotion, and no bonus. I just got written offer from other big 4 for 40k more then I am making at Deloitte.

like

Additional Posts

Interviewing for Accenture and concerned about the background check. I have a few drinking tickets from silly mistakes made in college. How strict is Accenture regarding misdemeanors? Is this an automatic disqualification from consideration? My criminal history is not related to the job responsibilities.

like

McKinsey and BCG 🐠 I got the offers for AS and C roles in the US. Wonder if they will sponsor MBA at all for experience hires?

like

What’s the latter end of the salary range for Senior Associate with Guidehouse? How about salary range for Manager with national security sector (TS/SCI with poly)? Thanks!

Hi everyone, I need your advice. I've been interviewing with MBB and Tier 2 firms over the past few years. However I was never well prepared for case studies. I now decided to take 6-8 months and seriously prepare for cases/mental math and try them again next year. I currently have Victor Chengs book and few others. What else would you recommend for me? How can i lay out a plan to study? Any source you can recommend free or paid?

like

My grandparents never make an effort to ask about my life or how things are going. I’ve gotten a promotion, switched roles, etc and they’ve never asked about any new and exciting life events. When I finally do visit them all they can do is comment on my weight or how I look - basically anything they can nitpick about my appearance, and then guilt me for not visiting them more. Am I being dramatic by not wanting to interact with them anymore? Do they get a pass to be rude because they’re old?

like

how often do advisory Consultants travel, what are your peak times during the year etc?

like

Is it realistic to aim for a move to MBB after 1-2 years of experience at a Tier 2 firm (OW/ATK/RB/S&) in the region? How difficult is it to move from Tier 2 to MBB?

like

Are any healthcare agencies better for creatives than others? Or all about the same?

like

Last week joined in hcl. I got better opportunity in other company.If I abscand in hcl.does it any problem?still I have not assigned to any project , iam in Bench now?

Hello People! I am interested in knowing about the work culture and growth in CACTUS COMMUNICATION and PREMIER RESEARCH (Bangalore). It would be wonderful if anybody can throw some light on their experience with the organisations.

like

First time I interviewed at my current firm I didn't make it past my second round due to a bad review from an interviewer. Applied again a year later and got hired. In between that year, the interviewer who wrote me a bad review got fired due to poor performance. Moral of the story, it sucks that one person can mess up your job search so badly but don't give up! Often times it's not you, it's them!

like

2 YOE in financial services Corporate Strategy hoping to transition to tech, will be heading to an M7 MBA next year. Looking for a pre-MBA internship at a tech-driven startup before then - please let me know if you have any leads!

like

What is the separation package Deloitte consultants got for layoffs?

likefunny

Hey everyone! I have passed L1 and L2 interviews in Birlasoft, have HR interview tomorrow. Profile - python AWS developer Work exp - 2.5 years, Wipro Limited How much hike should I expect/ask for?

like

Got below offer - Product Manager in Tech - 180k base, 10% bonus, 160k RSU (vested 4 years), Should I take this or wait to hear back from FAANG ? Thoughts?

like

How does Deloitte corporate Amex work? Am I expected to use it for all travel? Or can I book hotels etc on personal and expense them later. If it matters, I am joining FDD practice

like

Currently talking to recruiters for a new job and it is honestly such a turnoff when they talk too much about having a strong company culture and/or talking about making sure I'm a good fit culturally. For me that borders on culty and is a red flag. I would much rather hear from a recruiter that a workplace's "culture" is that they are accepting of all cultures, diversity, and personality types.

like

I hate the McKinsey culture but enjoy consulting. Might I enjoy BCG more?

like

Is firm travel back up to pre covid levels?

like

What would you all say are the best consulting firms to work at in the federal government space? I’m not sure how many “prestigious” firms (like MBB) have a significant federal practice at all.

likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal