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Good luck with this. There are some good info online on managementconsulted.com and Glassdoor
In general starting base salaries follow this path:
Post-mba: $145K-155K
Manager level: $175-185K
Senior manager level: $210-230K
Partner level varies a lot: $250-300K
That’s just for base and for entry point. Obviously someone with 2-3 years in a role will get paid higher.
Bonus tend to higher for MBB (30%+) compared to other firms (10-20%). I don’t know much at the partner level
Share actual bonus ranges. Looking to make a switch from a boutique but want to see what market rates are
Info about alixpartners would be gr8 too
I’ve heard McKinsey em making like 220 base. Is that not true ?
@op including bonus definitely. I don’t that’s for just base salary though.
At m1 what would base be for a first year EM at McKinsey. And how much for say a third year EM right before promotion. More interested in base range than others
@op there I don’t think there are EM3 at McKinsey. You are either promoted or fired. You stay only 2 years in the role (maybe 2.5 years)
Base is 175-185
So at m1 would a second year manager then make like 200 base or less
It starts at 175 and is 185 in year 2, beyond that you’re not an EM anymore