What is the typical total compensation for an associate at McKinsey? I know the base is $175K but do they hit $200K at least after bonus?

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Yep I think it’s actually now a hair more than 175

Depends if you include 401k contribution. It’s not clear what the bonus is each year until our comp memos come out in December (this past year I was just under 200k without the 401k).

There are a subset of first year associates who made more due to their ratings, but rating isn’t really something you can count on. In the past we’d expect ~15% yoy increases. I don’t know if that’s actually true anymore, seems closer to 10% to me now based on what we saw this past year. I think a bigger question is probably if the lifestyle trade off is worth it.
Fwiw, our 401k contribution is 7.5% of your total comp.

OP curious what your role is at Google. Currently an associate at McK and considering switching

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