Partner at mckinsey salary

The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry.

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

Partner at mckinsey salary

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:. 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. There are junior partners and senior partners. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director. 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?

Figures in this chart represent the highest available data points in each location. Related Content.

Note: Salaries for consulting roles can vary immensely. However, you can find accurate salary ranges - based on the current market - in our interactive salary guide calculator. For those that do tick all the boxes and go on to succeed as a partner, the compensation can be rewarding you can find all rates in the online salary calculator. Did you know? We are part of Org , a more human kind of professional services company that harnesses the power of talent to bring better business outcomes through advisory, resourcing and delivery.

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

Latina massage orange county

Preparing for interviews? Figures in this chart represent the highest available data points in each location. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director. This is a fun topic to discuss. Actual figures may vary, depending on location, position, experience, performance, and report time. Business school students turned McKinsey consultants interviewed by BusinessBecause say the learning doesn't stop once you've landed a job at McKinsey. For all the firms this matters a lot, although none of the elite firms do a direct commission off cases sold, likely because they don't want to directly incentivize "pushy" sales behavior. Share this post. Case collaboration: This is an interesting one and the firms all have various ways of rewarding Partners for collaborating with each other on cases. There are junior partners and senior partners. Resources Hub

Preparing for interviews? Get RocketBlocks.

Business school students turned McKinsey consultants interviewed by BusinessBecause say the learning doesn't stop once you've landed a job at McKinsey. Written by the Experts of RocketBlocks. McKinsey offers generous vacation and paid time-off policies that can be extended to 20 weeks for maternity leaves and around three weeks for vacation. Article Career Advice. Each promotion to a higher level will also coincide with a salary leap. 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! For all the firms this matters a lot, although none of the elite firms do a direct commission off cases sold, likely because they don't want to directly incentivize "pushy" sales behavior. You might like:. Therefore, the below data should only be used for reference purposes. McKinsey offers many additional perks, such as subsidized gym memberships, wellness programs, on-site fitness centers, employee assistance programs, etc. The fringe benefits offered by McKinsey are generally more comprehensive and generous than those offered by other firms in the industry. Launch your career. As part of our ongoing commitment to our specialist communities, we interview accomplished leaders…. As such, it can be difficult to verify the accuracy of the data presented. Keep me logged in.