MBB internship Overtime Pay?
I have an MBB undergrad summer internship in an east coast office NY/Boston/Chicago and was wondering if I'm actually gonna get payed for overtime. Am I gonna be able to get played for 20 hours of overtime or do they limit it?
Based on the most helpful WSO content, there is no specific mention of MBB (McKinsey, BCG, Bain) offering overtime pay for their summer interns. While investment banks often have structured overtime policies, consulting firms like MBB typically pay a flat rate for internships, and overtime compensation is not standard practice.
If you're working in an MBB internship, it's unlikely you'll be paid extra for overtime hours. Instead, your compensation is generally fixed, regardless of the number of hours worked. If you're concerned about this, it might be worth clarifying directly with your recruiter or HR contact at the firm.
Sources: BB SA Overtime Pay Confusion?, Does not seem fair how much money we are making compared to other industries, Opinion: MBB will follow the banks for internships and give all interns FT offers
was at mckinsey and they don’t pay overtime, the salary is pro-rated so you get paid the same regardless of if you work 70 hrs a wk versus 50 hrs
Is the internship pay not hourly?
At Bain it's also a salary https://www.bain.com/careers/work-with-us/internships-programs/associate-consultant-internship/
"Compensation for this role in the United States includes a monthly base salary of $9,000 and Bain’s best-in-class benefits package (details listed below)."
Mfs at McKinsey think they’re gonna get overtime bro JPM IB interns don’t get overtime and they work 90 hours a week. Mid tier BBs and some MMs give OT but I have never even heard of consulting firms getting OT
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