How Much Do Mckinsey Consultants Make Uk Plus technique overviews and premium 1 on 1 Expert coaching Partners at McKinsey BCG or Bain consistently make between 500K and 5M annually Three key levers drive the variation in partner salary and compensation partner level firm bonus formula and the practice type
The average annual Junior Consultant salary AKA Consulting Analyst salary in the UK is a bit under 40 000 At MBB firms in the UK Bain McKinsey and BCG analyst base salaries hover around 49 500 The EY UK salary at the junior consultant level is around 55 000 The consulting analyst Accenture salary UK is 33 500 per year The estimated total pay range for a Consultant at McKinsey Company is 173K 233K per year which includes base salary and additional pay The average Consultant base salary at McKinsey Company is 176K per year The average additional pay is 23K per year which could include cash bonus stock commission profit sharing or tips
How Much Do Mckinsey Consultants Make Uk
How Much Do Mckinsey Consultants Make Uk
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The average McKinsey Company salary ranges from approximately 34 829 per year estimate for The average McKinsey Company hourly pay ranges from approximately 19 per hour estimate for McKinsey Company employees rate the overall compensation and benefits package 4 3 5 stars In 2023 US figures suggest that an undergraduate student at an MBB firm is paid around 140k compared to around 100k for a Big Four consultant That s actually a more significant difference than the difference in 2020 when an MBB consultant earned 107k 117k and a Big Four consultant earned 80k 102k
McKinsey Company 36 923 UK 16 400 up to 5 000 relocation bonus NERA Economic Consulting 43 250 Here s the potential salary growth trajectory of someone working at a top consulting firm McKinsey Bain or BCG in the U S Consultant Salary Growth Trajectory First year out of Undergrad Master s program Base 110k The average McKinsey and Company salary for employees with the title Partner is 402 000 per year with a very wide range of 199 000 on the low end to over 1 000 000 on the high end It takes 6 10 years to reach Partner if you start at McKinsey after earning an MBA
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The average McKinsey Company salary ranges from approximately 34 829 per year estimate for The average McKinsey Company hourly pay ranges from approximately 19 per hour estimate for McKinsey Company employees rate the overall compensation and benefits package 4 3 5 stars The Big Three management consulting firms McKinsey Bain and the Boston Consulting Group are increasing starting salaries for MBA consultants by 15 to 17 000 in 2023 according to a new report by ManagementConsulted Total compensation packages for MBA consultants at the Big Three consulting firms also known as MBB are substantially up
The firms contribute a percentage of the consultant s salary or total compensation to a personal pension plan sometimes without requiring the consultant to make a contribution At McKinsey the firm contributes 12 of a consultant s total compensation each year Gold plated health insurance Health insurance at McKinsey BCG and Bain is Average McKinsey Company Consultant yearly pay in London England is approximately 74 239 which meets the national average Salary information comes from 60 data points collected directly from employees users and past and present job advertisements on Indeed in the past 36 months
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How Much Do Mckinsey Consultants Make Uk - A McKinsey associate principal salary sits at around 275 to 350 000 while McKinsey partner salary prospects start between 375 000 and 450 000 at junior level going up to 500 to 700 000 for a senior partner with potential bonuses of over 500 000 You ll find similar colossal consultant salaries across all the Big Three consulting