McKinsey covid bonus
Heard McKinsey is getting a covid bonus. Anyone else know specifics? Interested to heard how this compares to the ones in ib.
May 20, 2021
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From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
Varies but think 10-20% with a base adjustment for some.
Currencies might be adjusted, but US and Western EU offer a total of ~10K for juniors and ~30K for EM split in two. One tranche now, one around October and pro-rata based on when people joined (i.e. only gets 100% if they were employed at M during the full pandemic).
We'll see what the others do...
(Source: person working at the firm)
heard it that it was not going to be pro-rated. Everyone gets it, even recent hires. Would be an interesting move if that’s true. Would’ve expected to be pro-rated like you said.
Was this in response to BCG?
No, BCG only did that for people who are managers and above. McKinsey did it for managers and below.
Any news from Bain?
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