Oliver Wyman folks - what are your benefits like? Target bonus, annual increases, 401k, Healthcare etc. Any restrictions on stock ownership?

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There is no target bonus and no set annual increases - everything depends on your performance.

I just got 80% bonus last year as a principal with a good year. As a junior consultant I’d rather expect something closer to 10-20%.

Increases can easily reach 30% especially around mid level. Or zero if you are hired above level and can’t perform on that level (which does happen fairly frequently)

401k has a match up to 6% I believe. Health’s te is meh. Stock ownership is restricted if you are hired into a industry practice, e.g. if you work in FS you can’t hold individual bank stocks

Good luck!

likesmart

To add to OW4’s great explanation, the firm performance is a multiplier on the TC numbers. So if it’s +5% for a year that 200k becomes 210, then you still subtract the 125k as that’s the base you were paid. So your bonus becomes 85k.

So in percentage terms it’s 75/125 = 60% in OW4’s scenario. Or 85/125 = 68% if you then factor in a +5% multiplier as in my scenario.

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