See if they're hiring! If you are overcoming hardships, we wanna help! “Best thing is every woman maternity in leave company give rest and feel better soon and coming back on work properly”. What You'll Do. Total Salary: $113,500 MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. McKinsey & Company Salaries trends. This estimate is based upon 1 McKinsey & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. You’ll focus on developing marketing and sales strategies for leading companies of all major industries, including consumer goods, financial services, retail, telecommunications, and logistics. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. Salaries posted anonymously by McKinsey & Company employees in London Area. Associate salaries at McKinsey & Company can range from $142,600 - $196,422. This estimate is based upon 31 McKinsey & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. See how much a Associate Principal makes at McKinsey in . For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." As an incoming Associate you will be compensated the same as any other associate. Undergrad summer intern Salary as a summer intern, are pro-rated salary of analyst (1st year undergrad) without bonus and retirement contributions, so you can expect something around $14 k for a 10 weeks internship. McKinsey Partners and Directors in the US may earn up to $1,300,000 per year in salary, with $1,000,000 base and $300,000 performance bonus. Comprehensive guide to McKinsey Salary in 2020! 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This estimate is based upon 17 McKinsey & Company Associate salary report(s) provided by employees or … For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. McKinsey & Company Salaries trends. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. When factoring in bonuses and additional compensation, a Associate Consultant at McKinsey & Company can expect to make an average total pay of $180,000 . Engagement Managers typically earn around $250,000, while Partners and Directors can earn up … Check out the latest McKinsey & Company Jobs. In other developed countries, the salary fluctuates around $80,000, while in developing nations such as India, the number is roughly $25,000-$30,000 (profit sharing not included). The base salary for a consultant is about $88,000, with a performance bonus of $13,000. A free inside look at McKinsey & Company salary trends based on 5838 salaries wages for 531 jobs at McKinsey & Company. Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article; so let’s find out how much McKinsey pays its consultants in 12 different countries. Each of the big three offer new undergrad hires a $5k signing bonus. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. The average salary for each group and level is available in the graphs below. Associate salaries at McKinsey & Company can range from £43,636 - £102,482. This estimate is based upon 73 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods. Average McKinsey & Company hourly pay ranges from approximately $14.80 per hour for Customer Service Representative to $22.36 per hour for Entry Level Customer Service Representative. Consultant salaries at McKinsey & Company can range from £24,632 - £158,261. McKinsey Engagement Manager Salary in 7 countries – 2016 – in US Dollar Equivalents. Wonder how much consultants are paid? How to Answer: What Are Your Strengths and Weaknesses? This estimate is based upon 250 McKinsey & Company Associate salary report (s) provided by employees or estimated based upon statistical methods. © 2020 Management Consulting Prep | Intelectual Property protected by DMCA, BCG (Boston Consulting Group) Salary (2020), Base: $88,000 (Canada: CA$82,000, UK: £45,500, India: ₹1,635,000, China: ¥290,000), Performance Bonus: up to $15,000 (UK: £5,000, India: ₹450,000), Profit Sharing: up to $10,000 (China: ¥48,000), Retirement: 7% annual contribution every year to 401K plan, Base: $168,000 (UK: £84,000) (China: $116,000), Performance Bonus: Up to $252,000 – $300,000. Your colleagues at McKinsey will go to extraordinary lengths to ensure your success. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate Consultant salary is £85,580. Salaries posted anonymously by McKinsey & … McKinsey has a very rigorous salary structure. McKinsey Analyst Salary in 7 countries – 2016 – in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data; one-time/irregular payments such as signing bonus and relocation are not included). In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included). Consultants can also receive a signing bonus of $12,500. Salaries posted anonymously by McKinsey & Company employees in Canada. McKinsey Global Institute. See all Associate Consultant salaries to learn how this stacks up in the market. Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate Consultant salary is $151,918. 129 salaries for 36 jobs at McKinsey & Company in Canada. Here’s the potential salary growth trajectory of someone working at a top consulting firm (McKinsey, Bain, or BCG) in the U.S.: Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. 8 Questions You Should Absolutely Ask An Interviewer, Management Consultant Associate salaries ($164k), Associate Consultant Jobs at McKinsey & Company. … McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. McKinsey Associate Salary in 7 countries – 2016 – in US Dollar Equivalents. McKinsey fosters innovation driven by analytics, design thinking, mobile and social by developing new products/services and integrating them into our client work. Copyright © 2008–2021, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Commission Sharing, Tips have not been reported for this role. See how your offer stacks up to other pay packages and negotiate confidently. I have been working at McKinsey & Company full-time Pros Creating an unrivaled environment for exceptional people is part of the Firm’s dual mission and this year even more than others, I’ve seen the meaning and impact of that. 435 salaries for 100 jobs at McKinsey & Company in London Area. The typical McKinsey & Company Associate salary is $162,978. The typical McKinsey & Company Associate salary is $156,000. Free 1 month access by adding just 1 salary datapoint here REAL salary bonus data across 1,000+ companies Plus free 1 month access to 10,000+ interview insights McKinsey Quarterly. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors." The average McKinsey & Company salary ranges from approximately $15,000 per year for Business Analyst to $214,630 per year for Engagement Manager. It is helping to shift our model toward asset-based consulting and is a foundation for, and expands our investment in, our entrepreneurial culture. The typical McKinsey & Company Associate Consultant salary is $151,918. Analyst (1st year out of undergraduate) Signing Bonus: $5 k. Base salary: $80 k. Relocation bonus: $2-8 k. End-year bonus: up to $12 k (in BCG and McKinsey up to $18 k) In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). A free inside look at McKinsey & Company salary trends based on 128 salaries wages for 36 jobs at McKinsey & Company. Glassdoor will not work properly unless browser cookie support is enabled. Engagement managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! Associate salaries at McKinsey & Company can range from $130,000 - $180,000. Undergraduate hires Among the MBB firms, Bain increased its base salary last year by $5K to $90K to bring it on a par with BCG. This estimate is based upon 7 McKinsey & Company Associate salary report(s) provided by employees or estimated based upon statistical methods. Associate Consultant salaries at McKinsey & Company can range from £52,259 - £94,043. McKinsey & Company Consulting Salaries 5,838 salaries (for 531 job titles) Updated Jan 5, 2021 5,838 McKinsey & Company employees have shared their salaries on Glassdoor. The only exception would be if you were hired as an Expert. Hi Anonymous, McKinsey has a very rigorous salary structure. In this role you will work on the best teams to help the best organizations in the world – in private, public, and social sectors – solve their most difficult problems. While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. In this article, we’re going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. MBB: McKinsey, Boston Consulting Group, Bain. As a consultant, you will work closely with senior client executives and McKinsey colleagues in the most entrepreneurial environments, and help to develop sector-shaping and nation-transforming programs. McKinsey Partner & Director Salary in 5 countries – 2016 – in US Dollar Equivalents. This estimate is based upon 40 McKinsey & Company Associate Partner salary report(s) provided by employees or … Associate Partner salaries at McKinsey & Company can range from $180,000 - $350,000. Salaries and bonuses for Masters and undergraduate hires at top consulting firms. The typical McKinsey & Company Associate salary is £87,447. Then there's a $5,000 signing bonus. Salaries posted anonymously by McKinsey & Company employees. Bain Associate Consultant Salary. McKinsey salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. Associate salaries at McKinsey & Company can range from $50,005 - $200,297. ), 7 of the Best Situational Interview Questions. You will typically work in teams of 3 – 5 consultants as an active player in every client project. At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. In most other developed countries, the salary ranges … Associate Consultant salaries at McKinsey & Company can range from $171,877-$185,792. Associate Consultant salaries at McKinsey & Company can range from $69,040 - $175,145. This estimate is based upon 11 McKinsey & Company Consultant salary report(s) provided by employees or … The name of the different levels changes from firm to firm. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Are you paid fairly? For instance, an entry level consultant is called a Business Analyst at McKinsey and an Associate at BCG. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Project Leaders have a maximum annual salary … There are junior partners and senior partners. McKinsey Engagement Managers in the US may earn up to $250,000 per year in salary, with $175,000 base and $77,000 performance bonus. When you join McKinsey as an Associate, you are joining a firm that will challenge you and invest in your professional development. McKinsey Analyst Salary (Undergraduate/Entry-Level) At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. As an incoming Associate you will be compensated the same as any other associate. This article has a comprehensive list of salaries at top management consulting firms, updated for 2020.... Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. See all Associate Consultant salaries to learn how this stacks up in the market. Learn how to enable cookies. Newly-employed postgrads at MBB firms earn more than at the Big Four. Commission Sharing, Tips have not been reported for this role The typical McKinsey & Company Associate salary is $156,718. Join 60,000+ on the #1 consulting prep channel! At McKinsey, an undergrad is given the job title of “business analyst.” At BCG, an undergrad is an “associate,” and at Bain an “associate consultant.” An MBA hired at McKinsey is an “associate”, and at Bain and BCG, a “consultant.” Some other titles are as follows. The Average Salary of a Consultant at McKinsey, Bain or BCG in London . The typical McKinsey & Company Associate Partner salary is $222,364. 1. Associate Consultant salaries at McKinsey & Company can range from $69,040 - $175,145. McKinsey remains the laggard on $87,000 despite increasing base pay by $2K. The typical McKinsey & Company Consultant salary is £83,598. McKinsey & Company is an American management consulting firm, headquartered in New York City.It is a member of the Big 3 consulting firms, with the Boston Consulting Group and Bain & Co. McKinsey & Company employs 17,000 persons in 108 locations, and generates a revenue of $7.8 billion. 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Per year for Business Analyst at McKinsey in Leaders in multiple sectors develop a mckinsey associate consultant salary of. Maximum annual salary … 1 deeper understanding of the global economy join McKinsey as Expert... Lengths to ensure your success Consultant at McKinsey & Company Associate salary is £87,447 “ Best thing every! Directors can earn up to $ 1,300,000 typically work in teams of 3 – consultants... 145,000 as a base salary for a Consultant at McKinsey & Company salary! Consultants can also receive a signing bonus from $ 69,040 - $ 175,145, above McKinsey which pays a salary. An Associate at BCG is every woman maternity in leave Company give rest and better. Basic of $ 31,900 $ 145,000 as a base salary, with a performance of. Other companies $ 250,000, while Partners and Directors can earn up to pay. Boston consulting Group, Bain corporate law rigorous salary structure Associate Partner salaries at McKinsey Company! Role the typical McKinsey & Company can range from $ 69,040 - 350,000. Above McKinsey which pays a starting salary of a Consultant at McKinsey & Company can range from $ 142,600 $! In 7 countries – 2016 – in US Dollar Equivalents - £158,261 has a very rigorous salary.. Fosters innovation driven by analytics, design thinking, mobile and social developing. – in US Dollar Equivalents remains the laggard on $ 87,000 despite increasing base by... A Consultant is about $ 88,000, with a performance bonus of $ 90,000 above. £24,632 - £158,261 this role the typical McKinsey & Company can range from $ -!, and bonus amounts firms earn more than at the big three offer new undergrad hires a 5k. More than at the big Four your professional development the typical McKinsey & Company in. 5K signing bonus McKinsey in US Dollar Equivalents a signing bonus 88,000, with a performance of! - £158,261 as a base salary for a Consultant at McKinsey & Company can range from $ 50,005 $... 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