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If you asked for a salary before you did your interview, I would be surprised if they actually gave you an offer.
If they asked me for my salary expectations before the final round, I'd be surprised if people think that you're half as smart as you think you are BCG1
I think McK's salaries are fixed nationally
MBB usually has pretty set non-negotiable salaries by level and bonus based on performance (partner level gets more complicated). Possible there's some room to negotiate on what level you come in, but MBB in my experience tends to be pretty inflexible on that too - they decide based on your experience, generally a step or two backwards for non-MBB hires from a 'tenure' perspective.
50%*(infinity)^(infinity)....= ???
Not sure what McKinsey would do, but we would come up with a hypothesis for your level based on resume. Your interviewers would test that hypothesis, which might mean a harder case or just higher expectations for how you would perform. If your salary expectations exceed the level hypothesis, we would probe in that direction in the interview.
I've heard a lot about the standard salaries but have also heard that experienced hires can negotiate. Not sure this is addressing the question about the interview difficulty / scrutiny yet.
Interviewers have the same case they use for everyone.
That's what I figured. Thanks.
Yes. You'd better be worth it.
ACN- how's you get the interview
I negotiated as an experienced hire but agree re coming in a level or 2 below where I was. Also, not a generalist consultant.
I have never heard of anyone negotiating a salary at mckinsey. Best of luck, but that's a battle I'm pretty sure you will lose. There is no incentive for the firm to pay differently at entry points unless you have a very specific skill that can't be gotten anywhere else.
Yep, very specific industry background here.
Don't think you can negotiate like that..
They're going to make me an offer but demanding to know my current salary. I don't want to tell them because Accenture has me low balled. What to do?
Lie
Then say "my salary expectations are..." and fill in the blank
Already did that and declined to provide my current salary. Now they're asking again.
Someone from McK should chime in, but here's why we would be asking. We'd want to make sure there wasn't a significant misalignment of expectations. If you wanted / previously were paid 50% more than we were prepared to offer, we would want to know that so we could manage expectations. We wouldn't use a prior low salary to low ball you if you clearly fit into a certain level that was ordinarily paid much more.
I obviously can't speak to McK. And given you already gave salary requirements, it might not be the same reason.