How Much Does A Partner At Mckinsey Make In India 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
A typical strategy case costs between 500 000 and 1 250 000 This variance is driven by the premium the firm is able to command e g McKinsey will usually charge more than say LEK because of the premium their brand commands the length of the case and the number of consultants required to do the work For our example let s pick a simple In terms of total pay partner salaries at global management consulting firm McKinsey and Company average 806 000 according to job search and review site Glassdoor While the typical base pay is
How Much Does A Partner At Mckinsey Make In India
How Much Does A Partner At Mckinsey Make In India
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What Are The Career Paths And Titles At McKinsey Bain BCG 2022
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Associate Intern At McKinsey Company India
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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 For US McKinsey hierarchy and salary here is what you can expect to see Business Analyst 112K base 30K max bonus 5k max signing bonus Associate 192k base 45K max bonus 30K max signing bonus Engagement Manager 225K base 70K max bonus signing bonus negotiated Associate Partner 340K total compensation
See how it works The estimated total pay range for a Associate Partner at McKinsey Company is 378K 553K per year which includes base salary and additional pay The average Associate Partner base salary at McKinsey Company is 294K per year The average additional pay is 158K per year which could include cash bonus stock commission At this level you will also be expected to take an active role in recruitment internal training and supporting Associate Partners and Partners with business development efforts Key data points Average time in role 2 3 years Average Engagement Manager salary base salary bonuses 262 500 USD
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The average McKinsey Company salary ranges from approximately 1 00 050 per year estimate for The average McKinsey Company hourly pay ranges from approximately 302 per hour estimate for McKinsey Company employees rate the overall compensation and benefits package 4 3 5 stars 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
Similar data for H1B hires at McKinsey Co reveals that the strategy consulting firm was hiring associate partner level management consultants across the U S on salaries of 200k throughout August Meanwhile two McKinsey Co full partners were hired on salaries of 240k and 250k six were hired on 275k and just one was hired on 347k 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 500k 650k Bonus 550k 4 5m
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How Much Does A Partner At Mckinsey Make In India - For US McKinsey hierarchy and salary here is what you can expect to see Business Analyst 112K base 30K max bonus 5k max signing bonus Associate 192k base 45K max bonus 30K max signing bonus Engagement Manager 225K base 70K max bonus signing bonus negotiated Associate Partner 340K total compensation