Bain & Company [US-based] Looking for transparent compensation comparison. This image was floated around in the past. Full comp info for Bain and BCG. Questions: McKinsey & Company are you in-line? Bain & Company NAP seems to put you way over BCG at senior levels. Is this accurate? Does it get fully funded? Then Bain & Company and Boston Consulting Group what % of people get this bonus? And % more? How much more? Apologies if asking too much, but this helps everyone push their firms.
In the spirit of starting another industry-wide comp increase, I will claim that Bain has funded NAP at 3x these levels for the past few years ;) ;) ;) spread the word
I left in ‘24 so take with a grain of salt, but BCG has two years in the last couple of decades where they didn’t “fully fund” bonus at target (assuming you were at target): 2008 and 2023.
However, in recent years they would play games in performance evals and I saw a lot more people on PIPs (“in the yellow”), where you are only eligible for 50% of your bonus target.
If you are top box (top ~5-10% of firm) you’re eligible for 200% of bonus target, and if you are off axis (next ~15-25% of firm), you’re eligible for 150% of target. “Target” is the vast majority of firm and is eligible for 100% of target. On years where they didn’t fully fund, that percentage would apply to whatever they funded of target.
How much lower from target did they go when the didn’t fully fund?
BCG L
What?
McK is slightly lesser than BCG and Bain across the board but traditionally has faster path to partner - like 6.5 to 7 years on average
@OP: What are you gathering this info for btw ?
Btw. The above comp for McK is not accurate for APs and above. They also get AA (same as NAP) - which is typically between 80k to 100k in a normal year. I am sure BCG will also have an equivalent… but not sure if the details on that
What is NAP?
That’s cool. You dont get that at mckinsey until you are AP