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My husband works at McK and I love the way my snobby peers fall all over themselves when they ask where he works and I say McKinsey.
This seems like such an irrelevant question - you’re moving up in the world which will be great for your career - not sure why you would spend time focusing on perks
I moved from McK to ACN. Benefits difference between health plans is gigantic. ACN’s is typical for large organizations, meaning high deductibles and co-pays. When I left McK in 2016, individual deductibles were $100 (not a typo), family was $300, and total out-of-pocket was $1,000. Premiums were ridiculously low for families (free for single individuals, maybe couples, memory weak on latter). In contrast, your max out-of-pocket exposure at ACN is roughly $15k if you go both in- and out-of-network providers. Given that’s all post-tax dollars, it could be $30k of salary depending on your total 2018 tax bracket
McK4: if McK requires you to pay premiums, it does not offer free healthcare. There’s a huge difference between “basically free” and “actually free.”
How is McKinsey with utilization folks? Ever felt pressured?
I’d 100% rather work for ACN than MBB, but that’s just me and my interests. Figure out what you want and the steps to get it. MBB isn’t everything.
Also...if it’s the +3 hour first class flight you’re looking for EY does that too. I thought everyone did that
Perks in general are worse than BB for sure. Travel perks are even worse than some small shops.
We’re 90 minutes, but I’ve done it in every flight I’ve ever taken and no one has ever said anything. I wouldn’t switch to BCG from McK for it though.
The huge 401k contribution and pay ramp rates (I'd you can hang) are the important part...
Astonishing question haha. Are you going to behave any differently in the interview because of answers here? If you do get the offer, is it going to impact your decision at all, when you’re comparing McKinsey with Accenture? 🙈
A $20k 401k contribution??? Darn
Ok the benefits are different but nothing comes for free. What are the additional pressures? Longer hours? More cut throat?
Do leaders actually teach people what needs to be done or are they thrown off the deep end and expected to swim?
Oh come on, I refuse to believe that an MBB resource is 4 times better than big 4?
The consultant may not be...but what they have access to on their laptop is.
I paid $100 when my child was born (big 4). So?
Lol I come from health payer and $100 is NOTHING trust me!
I'm with BCG1 on this one--while serving a client in a developing country I got food poisoning, and ended up needing to pay ~$300 out of pocket for my medical care.
Weird question. Don't talk about how you have better perks. Talk about how you have offers from other firms but recognize that mck represents a unique value to clients... They bring their most challenging problems , you want to be on the team who does that.
Edit: which gets the challenge and satisfaction of solving them.
It’s just better. Why not go to McK no matter what. Sounds like they are going to push you hard though