Partner at mckinsey salary

Note: Salaries for consulting roles can vary immensely.

The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry. These numbers are just starting salaries. Each promotion to a higher level will also coincide with a salary leap. The perks of working at McKinsey don't stop at the hefty salary and bonuses. The firm has ranked among Glassdoor's top companies to work for in the past, a strong indicator of its appeal to MBAs, and McKinsey offers a variety of jobs for MBA graduates.

Partner at mckinsey salary

Source: Glassdoor. Figures in this chart represent the highest available data points. Read more: Salary of Top Consulting Firms The precise numbers vary from place to place, and we will provide additional insights where possible. Business allowance is also not presented here. The figures in this article are rounded to the closest Actual figures may vary, depending on location, position, experience, performance, and report time. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of the data presented. Furthermore, consulting firms do not openly disclose their salary information. Therefore, the below data should only be used for reference purposes. Retirement: Minimum 7. Figures in this chart represent the highest available data points in each location. Common fringe benefits include health insurance, life insurance, tuition assistance, childcare reimbursement, employee discounts, employee stock options, and the privilege of using a company-owned vehicle for personal use.

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Preparing for interviews? Get RocketBlocks. This is a fun topic to discuss. I remember being floored when I first joined BCG and saw the salary bands presented internally! The fun part though is in the details that drive that variance. Let's look at the three big factors that drive that variance:.

The COVID pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. Until this year, however, pay at the big consulting firms had been climbing. Management Consulted says the rise was most notable in , when firms hiked salaries as they fought a war for talent with tech firms. Tech firms haven't gone away, so consulting firms have taken measures to soften the blow of stagnant pay. The figures are drawn from Management Consulted. Undergraduate hires.

Partner at mckinsey salary

Source: Glassdoor. Figures in this chart represent the highest available data points. Read more: Salary of Top Consulting Firms The precise numbers vary from place to place, and we will provide additional insights where possible. Business allowance is also not presented here. The figures in this article are rounded to the closest Actual figures may vary, depending on location, position, experience, performance, and report time. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information.

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Career Advice Articles. If you're looking for more market insights or want to have a confidential discussion, our strategy recruitment team is happy to help. Retirement: Minimum 7. Let's look at the three big factors that drive that variance:. As part of our ongoing commitment to our specialist communities, we interview accomplished leaders…. Get RocketBlocks. While it's not difficult to consider what variables go in, how they're weighted, adjusted, etc is a trade secret. This is a fun topic to discuss. Let's look at the three big factors that drive that variance: Partner level Firm bonus formula Practice type 1. Case collaboration: This is an interesting one and the firms all have various ways of rewarding Partners for collaborating with each other on cases.

Preparing for interviews? Get RocketBlocks. This is a fun topic to discuss.

Preparing for interviews? Search and find your ideal job today Find Jobs. Please try again later. You might like:. Keep me logged in. Firm bonus calculation Every firm has a different way of calculating partner compensation, so it can vary but they all generally look at the same drivers: Cases sold: what business did you bring in? Also, it's worth calling out that the specifics of these formulas are closely guarded at every firm. Read more: Salary of Top Consulting Firms Real interview drills. A good friend of mine who spent 8 years at Bain said "honestly, partner compensation feels like a black box for most of the partners! Anecdotally from what I've heard, Bain, true to their rep as the most collegial, goes the furthest in rewarding this.