McKinsey comp bump just announced?

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TBD - 10%+ across the board is the rumor. Announced but details aren’t finalized
Z

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The 15% is the increase from the original low to the new high. Playing with the numbers (what else is new) and you look at possible increases low to low, low to medium, low to high you might get an avg of 10. Then again this was one person's post on Reddit about As and Cs.

But if you townhall a target of 10% across the board and it's funny math to get there, you manage to turn what should be a morale boost into a moral bust. Time will tell.

Now for BCG and Bain to be Fast Followers 😂

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What’s the salary for Associates? Is the 10% a one time benefit or salary?

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It looks more like a 4% increase in base and the rest would come from an increase in bonus ranges. So likely not everyone will se3 a 10% increase.

don’t play 👀

F

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M1 any shareable details?

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Does that include the general increase you get as you move up a level? Or actual band increases?

I don't understand this question... there are already increases as you move up levels. When people talk about comp increases they are talking about the bands...

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Wow. Get ready for some drastic personnel cuts.

Also this thing called price rises… which over the past X years since last comp rise has more than outstripped the comp rise….

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