How Much Do Associate Partners At Mckinsey Make The partner landscape at MBBs is extremely heterogenous There are junior partners who don t sell much and will make far below 7 figures Then you have superstar senior partners i e global head of xyz who fly within different spheres in the firm The delta in pay reputation influence can be huge between the partnership
My understanding is apples to apples a b4 partner makes less than a McKinsey Bain partner I don t include BCG here because their Partner title is equivalent to McKinsey Associate Partner That MB Partner comp BCG Director comp is somewhere between 600k in an average low yield year to 1 5m in a great year It offers 8 000 for relocation distances of less than 400 miles and 16 000 thereafter BCG offers between 2k and 8k while McKinsey upped its allowance slightly to a maximum of 10k McKinsey also offers to pay 50 of MBA tuition for returning interns Overall i f you want to work for the top three consulting firms then there s not much
How Much Do Associate Partners At Mckinsey Make
How Much Do Associate Partners At Mckinsey Make
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For example at BCG there are junior partners referred to just as Partner and then senior partners called Partner and Managing Director At Bain they have a similar tiering junior partners are called Operational VPs and senior partners are Directors Base salaries by partner level Junior partner 350 500K Senior partner 500 Only 1 of applicants to McKinsey actually get hired As does speaking at conferences boosting the business s brand mentoring and alike So all in all the total compensation for a junior partner can be between 500k and 1m Base 350k 500k Bonus 150k 500k And for a senior partner we are looking at a salary of up to 5m Base
10bn divided by the number of partners Also note that McKinsey allow a multiple of 4 on revenue so four partners can each claim the full amount This is good for collaboration but does mean that a partner doing 12m could easily be below the average The estimated total pay range for a Associate Partner at McKinsey Company is 378K 556K per year which includes base salary and additional pay The average Associate Partner base salary at McKinsey Company is 296K per year The average additional pay is 157K per year which could include cash bonus stock commission profit sharing
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An Overview Of The Mckinsey Partner Salary An associate partner in Mckinsey is expected to have a base salary between 300 000 to 400 000 thousand dollars The average partner is an associate partner or a junior partner with a salary between 202 321 and 836 580 The average Partner base salary at McKinsey Company is 321K per year The average additional pay is 228K per year which could include cash bonus stock commission profit sharing or tips The Most Likely Range reflects values within the 25th and 75th percentile of all pay data available for this role
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How Much Do Associate Partners At Mckinsey Make - 10bn divided by the number of partners Also note that McKinsey allow a multiple of 4 on revenue so four partners can each claim the full amount This is good for collaboration but does mean that a partner doing 12m could easily be below the average