McK & BCG Folks - Any news on salary increases in your London office? Do you think it's likely there will be a compensation increase by end of year or do you think they'll just offer a COVID retention bonus and leave it at that?

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We are announcing next month. Rumour is Engagement Manager ~+15%, Director +10%, Partner +5% on base salaries. Bumper year on the variable bonus ~35-40% of base

likehelpful

EM? Did you turn blue?

But no bump for Associates/Consultants (below EM)? Congrats anyway!

Well, even if it is true, guess it incentivises people to stay till EM more than before. :)

likeuplifting

We already got a retention bonus :)

So with these increases, what are people earning 4 years post-MBA now?

Thanks, both!

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