Super disappointed with the salary in the offer I received from McKinsey as an experienced hire going in as "Senior Associate". Is it negotiable? Also, the hiring Partner told me I was joining as "Senior Associate" (which I've understood technically doesn't really exist); however, contract says "Associate" - could this be an error? It's annoying because I was feeling pretty pumped to join, now I'm not sure.

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Associate is the post MBA role, correct? So you are coming in at A2 level essentially and next step will be EM. I have never seen anyone at McK with Senior Associate title so the contract is probably not a mistake. What are the details and what were you expecting?

like

Senior associate title is used for those that are more senior than associate but junior than EM. It’s usually preserved for external hires

like

If they’re going to hire you as a senior associate, make sure you get that in writing, so I definitely think you’ll want to have them formally update the offer letter to reflect that at the very least.

If you have other offers that are higher, I do think you should negotiate. You don’t lose anything by trying.

Recent IconRecent

What are the deets, OP?

Post Photo
likefunny

Geez OP. Not sure what you want from us then, this is why FB exists.

McK. HR isn’t somehow tracking your or 100s of conversation thta potential hires are getting lol.

like

We’ll I mean: in general, is it even worthwhile to try negotiate an offer from McKinsey? My previous consulting employer had very standardised salary levels that couldn’t be negotiated

We exist! There’s dozens of us, DOZENS!

funnylike

.

Post Photo
like

Omg if you’re not going to share the offer then nobody can help you. Otherwise it’s just an arbitrary discussion around why you think you got played.

like

What’s the offer and region?

like

We need numbers

like

What's the offer?

like

Offer deets?

like

I too was hoodwinked by low offer from Mck

like

Sorry, I’m feeling hesitant to share either numbers or place with risk of violating some kind of policy Im not yet aware of. I have offers with other consulting firms to join at higher level and considerably higher salary. Is the brand worth it? And again: can I negotiate?

funny

The brand? There is literally a post above this one about the the firm being charged in another scandal.

likefunny

To answer your main question: yes this is negotiable. I was in your shoes a few months ago (different level though), and negotiated to a better offer thanks to a competing MBB offer

like

Senior associate implies it should take 12-18 months to hit EM rather than a full 24. Aren’t salaries standardized by cohort? If so, not sure why the offer is surprising to you.

Is the brand worth it? Depends on goals. What do you want to do longer term?

This is a very good answer in a sense! Yes, the hiring partner implied that I could “probably” expect EM in 6 months (although, yes, it could take 18 months). For everyone: I’ve received several good DMs and answers without providing details, so I’m happy. I’ve also discussed with HR and they say that while Associate salary is standard no matter background, they can compensate by giving a higher sign-on bonus. I’ll have to see if it’s enough

I was told my salary upfront during recruiting as an experienced hire and that it wasn't negotiable. However noone here can help you if you don't share the details. There's literally no way for Mck to find out so your apprehension is somewhat unfounded.

Pretty sure it’s like $120k base

This is lower than big 4

I can mention that I raised this with HR/recruiting and they will bring my competing salary to the compensation committee and likely compensate with a strong sign on bonus covering the first years difference

It doesn’t matter, you can negotiate now and get the money up front but you will hit the cap in the next cycle and you won’t get much of a raise unless you make it to EM. They will catch you one way or another.

Related Posts

I currently make 78k at Lockheed but I’m not doing what I’d like to be doing and i felt stuck and after many conversations with my manager and no solution in sight, I started applying elsewhere. I just recently got an offer from a smaller AI company for 95k that I plan to accept. I’m happy to make the jump, I just don’t know how my manager/coworkers will react when I tell them I’m leaving.

likeuplifting

I have cleared all the round and now salary discussion part is left in @IQVIA. What is best I can ask for the position of Lead Software Developer. I have a total of 6.3 yoe and 1 more offer from Prodapt Solutions Private Limited for 20.5 CTC. IQVIA Novartis Infosys Capgemini PwC Tata Consultancy Accenture IBM Cognizant

like

What will be in-hand salary pm...?

Post Photo
like

Is there a hiring freeze

Any XD leads here that work at Accenture Interactive or EY Design Studio?
How do you like it? Is one better than the other? I'm talking to both and I'm kind of torn -- they both seem like good companies to work for. Any insight would be great!

like

ConsultingHumor’s Instagram page (364k followers) did a massive compensation survey for top consulting firms in the US and internationally. Several thousand respondents with base and bonus salary for all the top (and some smaller) firms. Can be used when negotiating your next raise or to see if you want to jump ship to another firm. You can download the full spreadsheet of data at consultinghumor (dot) org

Post Photo
likehelpful

Trying to restructure the benefit package that is currently being offered at a Construction company. Curious what everyone's standard benefit package includes in detail. TIA

like

Anyone looking to hire an entry level accountant position with no experience?

It’s been difficult to get a job around here.

What I have:
- Bachelors in Accounting
- Starting Masters in Accounting in January 2023

like

What’s the average salary range for a GAS?

like

I am currently working at IQVIA having overall 7.5 yoe(pharma) out of which 5 yoe is into consulting.
I am looking out for new job, please suggest relevant openings if any. I am looking for Management consulting profile.
Also please suggest what should be my expected CTC range with this much experience as I am getting very low currently.
Thanks 🐟

like

Is kpmg kgs banglore taking alot of time to realise the offer??? banglore
As they took my documents on 9 September and it's 30 th today and the hr has not released it yet even not gave me a hike of 20-30% as per industry standards.


I am not getting better opportunity elsewhere , what should I do.
She called me on Wednesday confirming the od to be released by the wed or Friday..

Are they really taking that much time or are they fooling around my time

Anyone have a gauge on salary of a supply chain professional with 12 years experience?

like

Would anyone know how much a VP would make at companies like Egnyte, Immuta or Segment.

like

What's going on at PwC advisory?

like

What is the base salary for Senior 1 in Gds tax currently? Anybody please?

like

Can anyone tell me about work life balance at KGS

I have offer from KGS with 11.5 fixed
OFSS 11 CTC + 75 k JB
Medline 13 CTC
Bitwise 13 CTC
Barklays 11.5 fixed
Impetus 9.5 CTC
Capgemini 11.5

YOE: 3.3 Skill: Oracle PLSQL

Kindly suggest me which one I should consider to join and why?

like

I got an offer from Cigna are they typically open to negotiations on hourly pay? 👀👀👀👀 I just need like $3 more/hr… that’s it.

like

Hi guys, Can you please help me with my in-hand salary for 20lpa fixed.

And also any suggestions on how to get max in-hand salary.
EPAM Systems EPAM Anywhere

Post Photo
like

Does Optum has a office in Panchkula, Haryana? Can we ask for a transfer to Panchkula office?

Optum Wipro Infosys Tata Consultancy Cognizant HCL Technologies

like

Hello Sharks,

Can anyone please let me know the in hand monthly salary?

Post Photo
like

More Posts

Hi Fishes,

Any opening in cyber security domain.
Yoe - 6
Skill set - risk assessment, cloud security, Vapt , threat modelling

Pls give some lead. Thanks in advance

like

Has anyone been offered a status buy-up for 2021. ~$1700 short of United 1k this year and think my travel will increase a good bit starting next year. Think it could make sense, especially given the 2021 thresholds

like

In non pandemic times - how bad is the commute to airport from Greenlake, Ballard during rush hours?
Also - West Seattle to downtown when the bridge is back?
Exploring neighborhoods to rent and was looking for some post pandemic possibilities.
Thanks

like

Hold or Sell?

like

Accurate description of how most folks here view themselves

Post Photo
like

Just started in Biglaw as a first year - one of the partners made a passing remark that he couldn’t remember my PQE but thinks I’m “the same as X associate”. Went on LinkedIn and saw that X associate is a third year. How do I gently correct this misconception in a future conversation?

like

Starting a new fully remote role Monday with a leader that has never had their own admin, let alone an exec assistant. Any suggestions for developing the relationship or training them to properly use an exec assistant?

like

Any ID attorneys get their CPCU? Trying to make myself more marketable as claims counsel or in-house for a carrier (not doing ID).

like

I’ll wait till the holiday weekend ends then send out a survey to get an idea of the demographics we have in this group

like

I just moved to Denver and my AT&T cell service is awful here. What carrier do y'all recommend?

Bro Its been 3 years I j still don't have a 5star Island I need help😭

like

Hi,

Does IBM retract offer letter if they are not ready to match counter offer?

like

Workout before (4:30 am) or after (6:30ish) work?

like

What are the top sales companies to work for?

like

Please mail your CV to ammar.azizi1@gmail.com along with the Job ID from the EY careers website ( https://careers.ey.com/ ) for a referral. Please only send your CV if you have not applied directly or already asked someone else to refer already.

Please also DM me here because sometimes the CV goes into my spam folder. Cheers!

like

I’m at Withum, a public accounting firm, and the company is currently hiring a range of positions from entry-level staff accountants (audit and tax) with a start date of November 2023 to senior managers.
Withum is ranked 22 in the nation by INSIDE Public Accounting and also received many other accolades (Forbes, Fortune, Vault, etc.). I want to help people out, so if you are interested, please shoot me a message!

like

Hello! I am in the mortgage industry but was originally in operations and management. I am looking to transition back into operations and even intro learning and development/training. Any advise and/or referrals would be great! Have a great professional day!!

like

Real estate / real estate finance associates, is everyone still crazy busy or are you noticing a bit of a slow down? I’m at an Am Law 20 and was crazy this year through most of the summer, but have seen a pull back in workload / deal flow the past few weeks.

like

Additional Posts in Consulting

Best books to study for case-study interviews? Or methods people have used? Coming from the consulting industry already but not a pure strategy role so need to catch up to speed fast

like

I feel stuck as a Strategy Manager and want to make a career pivot at 35. But have no idea what i should do? Any suggestions, resources or books that I should read to help with my existential mid thirties crisis? I have experience in technology consulting, corporate strategy, freelance consulting and law. Do I go back to being an Attorney, or do I retrain and become a financial advisor or something else?

like

Best consulting firms for PE work (CDD,Value Creation)? Looking for the best firm for exit ops to PE ops eventually. Thanks!

like

Has anyone seen the Grant Thornton TV ad set in an airport lounge? What do you think?

likesmart

Top consulting firms for building mobile apps - IOS or Android?

like

90% utilization, great snapshots BUT no relationships with the partners in my practice + currently on beach. Everyone I've worked with is shocked. Was told there were HC quotas. Not meritocratic.

like

I got an email from a Cybersecurity Advisory Partner with the subject "Catch-up". Last week we all rolled-off from project abruptly b/c the client terminated the contract. Am I getting laid off?

like

Hello,

Currently, in accenture. I have had very bad billable hours and not much achievement this fiscal year. I am worried of getting fired, so i applied for another job. Got offered may be 5% above my current pay with 5k bonus, but in lower level at Deloitte. I think working lower level will give me more opportunities to learn as i think i have lot to learn. I made decision based on my gut and accepted the offer. I have not talked to anyone on accenture side yet. What you think?

likesmart

I have been on a local client since forever and now considering to travel to work on projects I like. Can anyone tell me how miserable or fun traveling is?

like

Is it easy for someone in tech working in ops/business side to switch to MBB consulting?

like

Currently out on parental leave and will be putting in my notice. How much notice period should I give? Concerned to give 2 weeks as i might be asked to leave next day due to already out on parental leave. Thoughts?

like

Can we all recognize most of us are privileged? If you want to make a difference, even small, I'll give you easiest one you can. Donate $100 to your cities bond fund. We all can afford it. Many cant

likefunnyhelpful

One of the reasons I want to transition from industry to consulting (tier 1) is that I get frustrated when I have to collaborate with mediocre people. My assumption is that Tier 1 consulting firms hire really sharp people and if I can get in, I’ll be collaborating with folks on top of their game (not expecting much from clients). I’m aware there are personal aspects I need to work on like my mindset, patience etc etc, but I just get so frustrated with blatant stupidity.

likefunny

Insights into the best consulting firms for public service/ nonprofit work?

like

Friend and I started sending each other gag gifts in the mail. Things have escalated quickly: hey just spent $150 and sent me 200lbs of dog food wrapped up in gift boxes. I don’t own a dog. What can I do to one up him? 🎁

like

Happy Diwali everyone! ✨✨✨✨✨

like

Fam, need your advice. My car lease ends soon. As i got screwed up when signed the lease, i won’t to avoid that at the end. Any things to be aware of/avoid when returning a car due to lease end?

like

Got an offer for SA2 , salary 105k base. What would be approximate bonus per year. I have more than 6 years of experience. Is this a good offer ?

like

If there was a consulting tv drama out there, what would be the name of it and the main plot ?

like

On-board my first flight in 6 months watching a man 2 rows down gradually fill with rage as our flight reaches 45 minutes of delay. I never realized how much i missed this. I finally feel home again.

likefunnyuplifting

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal