McKinsey & Company McK 🐠, I received an offer to join as an Associate (yay!). Is it normal to have a fixed dollar performance bonus in the contract, i.e. you may be eligible for $xk (or more or less pending performance)? And is 10% too low? TIA McKinsey & Company

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Associate offers are standardized by region. Yours will be no different than all the peers in your cohort.

likehelpful

Thanks M1! Great to confirm

I also got significantly more in my first bonus than what was stated in my offer letter.

likeuplifting

Yeah, don’t worry
Everything is standard for all associates so whatever it is it will be the same for all.

The amount they state is normally the max bonus if you get a 5, and then you might get less if you don’t get a perfect rating

For what’s worth, my max in the offer was 35k but they increased max bonus by ~20k this year, so I ended up getting more than what was in the offer

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Congrats fellow S& 🐠 and I’ll see you at McK next year!

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