How Much Does An Associate Partner At Mckinsey Make 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
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 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
How Much Does An Associate Partner At Mckinsey Make
How Much Does An Associate Partner At Mckinsey Make
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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 McKinsey Associate Partner Partner Senior Partner salary 2023 Partner level Base 171 000 321 000 Performance Bonus up to 131 000 Others up to 325 000 Total Annual Salary up to 777 000 potential for much more based on individual sales and profit sharing Source Glassdoor Figures in this chart represent the highest available data
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 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
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The average McKinsey Company salary ranges from approximately 35 087 per year estimate for a Glass Cleaner to 568 059 per year estimate for a Senior Partner The average McKinsey Company hourly pay ranges from approximately 19 per hour estimate for a Gayboy to 259 per hour estimate for a Managing Director McKinsey Company If you re wondering how much McKinsey consultants make understanding their salary structure is essential McKinsey partner salary starts at 500 000 and with profit sharing total earnings can exceed 1 million per year At the Partner level consultants take on significant responsibilities including managing key client relationships and
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How Much Does An Associate Partner 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