Realistic base comp and signing bonus for an experienced hire BCG Principal?

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Base comp is 100% standardized (lateral or homegrown) and isn’t the right metric to focus on. Total comp is a much more informative metric given our rich bonuses, free healthcare, 10% retirement contribution (on base + bonus) etc. Where you fall within the bonus range is almost solely a function of individual performance.

For a P1, figure 325-400k base + bonus + retirement. However you value free healthcare for the fam is additional. Signing bonus, where you may have some negotiation flexibility, is also additional.

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Thanks all!

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Note that when you join BCG will probably have you do a case or two at the Consultant level to learn the culture, etc. This isn’t necessarily a bad thing (although it can be) but you likely won’t have a realistic opportunity to earn your full bonus because of this (they will day you didn’t fully operate as a principal). Safe assumption that you will make the “target” bonus in your first year

Yes, although probably at a lower rate than home grown Principals (Ps) or earlier lateral hires. Many (but not all Ps) have the makings of a strong constellation (2-4 commercially successful partners who go to market as a team and will always staff/feed said P), platform (expertises and clients), and pyramid (rockstar A/C/PLs) they’ve cultivated earlier in their tenure. Those factors are very important when considering promotion to Partner and election to MD which happen on roughly 2 year cycles from becoming a P.

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