McKinsey & Company McKinsey & Company what is money purchase pension plan

How much household income should be to buy $1M house? Also what is the approximate down payment? I know 20% is the ideal but how much do people typically pay.?

How do you effectively plan for retirement?

Anyone have a contrarian opinion on a trend / investment theme going on in the private investing world, particularly tech investing? Feels like everything is painted in the “huge growing market with tons of white space” lens.

Suggestions on Product based Companies for "Business Analyst/Product Owner/Project Manager" Roles under US Healthcare domain would be of great help 😊

Hey Guys, Hope you all are doing great. Can someone let me know about the work culture, is Saturday working, are there any shifts and benefits of HSBC Electronic data processing india, ecospace, Bangalore?

When do you predict the dip? I've been waiting for so long, but don't want to buy now. VTI seems inflated.

What type of job duties does one do in healthcare administration? Interested in healthcare but getting tired of consulting.

Does MS provide any reimbursement for WFH setup ?
If someone does not have a personal laptop/desktop, does MS provide a laptop for WFH ?

What are the perks and benefits working in GE Healthcare? Bangalore office..how are they in terms of pay scale?

Two diff questions, but posting together :
1. Anyone still positive about Chinese ETFs long term? They are down significantly but I'm wary
2. IG Bond ETFs - would you invest in the current market for long term hold? Why/why not? Which one do you recommend looking into?

Implications of a PE firm selling and a company bringing on a new investment partner?

How much is a good amount (% wise) to be putting into your pension pot? Would be good to hear at different salary brackets!

Huge btc short position in market right now, I expect a lot of liquidity issues to come to light soon. Bitcoin should end up below 30k and stay there as new resistance soon. You all doubt my previous posts but all these bumps to 37-39k are fake bounces from retail buying the dip. Defi is gonna unravel. Do you honestly believe the 10-40% defi interest rates were risk free. It’s all paid by stablecoin printing backed by the assumption that crypto prices would keep appreciating

Off topic

Is there any low interest or interest free loan policy available in thoughtworks?

Current employees, please comment...

Ethics Q: my client created fruaduant medical documents in order to try to recover extra benefits from her injury. My thought is to settle her case with insurance company for whatever nominal amount is offered ASAP. However, this might be lower than her case is actually worth despite the the fruad. I would rather end representation as soon as possible. Thoughts? California ethics apply.

Thoughts on buying a house now? Lease is up in January. Can finally afford to buy. But would it be better to wait until next year in case of recession -> foreclosure market -> better deals? WDYT

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

currently tossing up between staying at a global company (who is in the process of some positive changes) with an amazing manager who supports my career and flexible working … however comes with the inherit issues that come with a long standing global company

compared with a role at a smaller mga, higher salary (around 30%) more , more visibility career wise and some great employee benefits , management seem to be supportive and low staff turnover

which would you choose here

Is there anyone who works for Google or Amazon and has a healthcare background with no tech skills? I have my MBA with a healthcare concentration and I’m looking to switch industries. I’ve started to take certification courses on Udemy but would love any insight on how I could get my foot in the door with those companies. Thank you!!

Hello Fishes,

A component in the Remuneration structure named "Organisation's contribution towards wellbeing". Could you please help me understand what does it include? Is it subject to reimbursement?

Requesting the fishes to give some clarity on the same.

There’s a practice group that I’ve been trying to find work in but whenever I volunteer to help, I always get roped in to do non billable work. In the beginning it was fine but now I’m feeling it’s never going to amount to actual work. Any tips to get more involved without all the non billables and how to approach this gently?

How does one go about switching practice groups within the same firm? I was under the impression it’s better to lateral elsewhere but I do really like my firm, just not the work in this practice area. Want to switch from transactional to litigation.

The unending cycle is for real. Reached my LeanFIRE number 2 months ago, yet I don’t feel satisfied. Still reaching for the stars… when will this human desire end?

What would you say it's the average salary for a consultant with 4 YOE in London?

Waiting for an offer, do they check references before or after giving offer? And normally how long after interview will I hear back?

What does it mean if there’s a NEP at the firm who’s been there for a long time (20+ years), but never got promoted to EP? Never held leadership roles too. Does it usually mean EPs does not like the NEP enough to get promoted?

The NEP has a book of business, though no idea how much it brings in.

Hi Everyone,

Are there any good Deloitte UK discount codes for hotels?

Anyone else going to OpenWorld this year?

Hi can someone help me understand thel hierarchy levels for Internal audit in Jp morgan? What is an equivalent role to AVP?

Anyone able to help me with a referral?

What are some good modern/post-pandemic personal finance books you can recommend?

Can any one refer me to Mercer for java technology?
Yoe: 2 years
Skillset: java springboot, microservices, Rest API, Hibernate.

For those that have switched from Big 4 to MBB, how was the switch and any advice?

Someone talk to me about Isobar and/or IA Collaborative. 👍👎❓

Have you felt like the industry (including job searching) left you contempt or jaded to the point, you’ve started turning into a nihilist?

What was the hardest part about your first few weeks at your current school? What do you wish your supervisor had told you/showed you?

I had a final - 5th interview at mckinsey. I think I did okay. Partner and I laughed most of the time discussing about me... How long usually take to hear back? And wish me luck.....!!!

What are the Top MBAs outside of M7 to land an MBB role?

WLB Spain/Italy. What are the normal hours for these offices? Thanks

About how long does it take for McKinsey to produce a written offer after the verbal offer? And then how long does the HR check take / is it just a criminal + employment history check?

How is the culture at quantumblack?

Why are people obsessed with comparing MBB? Do investment bankers or lawyers do the same? It’s kinda pathetic

Just took this BCG Quant Reasoning test and I think I messed it up. Some of the units are so confusing. Is nearest 000s of pounds 23000 or 23? They don’t partial mark it and the whole test was filled with this sort of thing. Oh well

Is it easier to go from McK to BCG or Deloitte to BCG? If one is easier, how much easier? And do BCG recruiters ever poach from McK or is that a big no-no?

I have my mck interview this week and woke up with an eye infection this morning 😕 - would it be okay to email the recruiter two days before my interview asking for another date or is that a no-no?

Applied to Bain as an experienced hire through a referral on 10/4. No word back yet - heard that 10/10 was some sort of deadline. Any thoughts on the timeline?

McK 🐠 can you work in PEPI practice in any office? Anyone in PEPI in the Midwest offices willing to chat? I’m currently in a T2 firm PE practice.

BCG or McKinsey for consumer goods/retail?

What is Bain SAC comp these days?

How easy is it to lateral from Bain to McK/BCG? About to join Bain post-PhD in a few months. Really interested in life science/biopharma but there’s not much work in it here and nervous I won’t be able to exit to that industry. Are there any other options besides lateraling? Also is there a set amount of time to wait before I could try?

FWIW BCG London are still aggressively hiring for those looking to make a move over here, or switch firms in London

Generalist Senior Associate and Consultant roles and also sector specific specialist roles in Ops, Digital and PE. Feel free to DM if helpful to chat

Anyone willing to dm about climate/sustainability roles at BCG?

What are the best responses for “a time when you led a team” in a consulting interview, for someone who has not had a managerial position (1 yoe) before? I also don’t want to use an example from undergrad so I’m kind of stuck. What are they really looking for in this question? Initiative? Impact? People skills? And how would you differentiate this vs “a time when you worked in a team”