{ "media_type": "text", "post_content": "McKinsey & Company recently got an offer from Mck and saw that it has a 10K housing allowance for those eligible. It’s a little unclear in the language if you would need to be moving to be eligible or simply living within commutable distance to be eligible. Anyone has any insights?", "post_id": "6102f29bd382cf00225886a1", "reply_count": 16, "vote_count": 3, "bowl_id": "5d7901c370a602001eff88c8", "bowl_name": "All Things MBB" }

McKinsey & Company recently got an offer from Mck and saw that it has a 10K housing allowance for those eligible. It’s a little unclear in the language if you would need to be moving to be eligible or simply living within commutable distance to be eligible. Anyone has any insights?

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Have to have an address within 50 miles of home office within 60 days - doesn’t matter if you’re moving or not

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Thanks. One more: is this typically only if you're relocating and for hcol area? Or does everyone get this?

Housing allowance for full time employees or interns? Is this in the US?

FTE and yes in NY office

Compared to what we get in the offer letter in London, you guys have it lucky!

Signing on bonus depends on the level you are being hired in at, not everyone automatically gets one.

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