Mckinsey & company consultant salary

The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry. These mckinsey & company consultant salary 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.

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

Mckinsey & company consultant salary

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Every consulting company has its own fit, so you need to know if your profile and skills are right for the company you are pursuing. The firm is popular among b-school grads, offering some of the largest salaries in the consulting industry.

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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. McKinsey also makes a k retirement contribution of 7.

Mckinsey & company consultant 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.

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Finally, we strongly advise reading our McKinsey Case Interview article, which provides insight into the most critical and challenging part of the hiring process. 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. You need to talk to people who did it before, practice cases, and be at the top of your game for the interviews. Actual figures may vary, depending on location, position, experience, performance, and report time. Keep me logged in. The salary figures in this article are for those joining management consulting positions in McKinsey remains committed to inclusive leadership and is looking for people who value and practice it. McKinsey also makes a k retirement contribution of 7. This article is updated annually. McKinsey invests heavily in training its consultants, with extensive training programs that outmatch the quality of Big 4 and Tier 2 firms training programs. This makes their k plans better than what other consulting firms offer.

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.

With over , candidates applying each year, the acceptance rate is only 1. Read next. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information. We asked Sydney Streets , senior manager of North America recruitment for McKinsey, what the firm looks for in potential consultant hires. These numbers are just starting salaries. This article is updated annually. You need to talk to people who did it before, practice cases, and be at the top of your game for the interviews. Related product. In the United States, MBB consulting firms provide strong retirement savings k plans, with no contributions required. The fringe benefits offered by McKinsey are generally more comprehensive and generous than those offered by other firms in the industry. The quality and range of services for McKinsey consultants are generally better than their counterparts at Big 4 and Tier 2 firms.