McKinsey & Company McKinsey & Company + Boston Consulting Group people: I need a hand. I’m trying to figure out the expected first year comp, bonus and signing bonus for someone coming in at the Associate or Consultant level. Help?

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Fora post MBA Consultant, don’t try to get too specific. A huge part of comp is bonus which will vary by a lot (think 20-50k). Just take $200 TC as first year, +-10.

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200k is too low for C1 TC. Closer to 250k after accounting for bonus and retirement contribution.

Also I think the firms try and keep competitive with comp packages. I’m sure some differences exist but generally people make choices on work,culture, fit vs. comp…..

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A quick scan on Glassdoor indicates that McK base comp and bonus (no signing) is $166.5K + $27.7K. BCG is coming in at $183.3K + $31.4K. That’s a differential of ~$25K in total which is surprising so I get the sense these numbers are off. Can anyone provide directional validation?

Prob true …. It like $25k is going to make a diff in the long term tho

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