https://managementconsulted.com/bcg-to-increase-b…
Obviously, it's been rumored for a while, but does anyone know anything new about if/when Bain and McKinsey will be matching BCG's 10k pay bump for first year analysts? Have heard through the grapevine that it may be Oct/Nov or maybe EOY but nothing substantive
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Bain is already offering incoming hires 100k base I believe
Can confirm^
That is for incoming hires though, and the BCG raise includes active first year analysts - curious if/when the others will match as the article references
have heard McK is offering that too and my friend got a higher signing bonus than expected from McK as well
Can you put a # to the McKinsey signing bonus?
And so Mckinsey is @ 100k out of undergrad or $110k ?
they didnt specifically tell me signing just that they were surprised but for salary im pretty sure it was 110k (I didnt read the offer though so i could be wrong)
edit: found out this wasn't right and clarified below
McK and Bain are both 100k base for incoming, not 110k
oh yeah you're right but my friend was apparently counting a larger bonus/benefits that factored into next year as well so they were valuing McK as 110k plus signing instead of 100k plus signing
Word through the analyst grapevine is that the match may go up to 110 to match Goldman, apparently? I’ll believe it when I see it but nevertheless will be interesting to see if any moves get made before EOY
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