How much does an associate at McKinsey earn?

How much does an associate at McKinsey earn?

McKinsey Associates in the US may earn up to $200,000 per year in salary, with $168,000 base and $35,000 performance bonus. In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included).

How much do McKinsey senior associates make?

McKinsey & Company Salary FAQs The average salary for a Senior Associate is $94,825 per year in United States, which is 44% lower than the average McKinsey & Company salary of $169,740 per year for this job.

How much do McKinsey summer associates make?

McKinsey & Company Salary FAQs The average salary for a Summer Associate is $88,297 per year in United States, which is 45% lower than the average McKinsey & Company salary of $163,291 per year for this job.

Does McKinsey negotiate salary?

The short answer is that you will not have any negotiating power. Even if you have an offer from McKinsey, Bain, and BCG, you will not be able to leverage your offers to negotiate for an increase in compensation at one of the other top firms.

How long is McKinsey hiring process?

From the time you apply until the moment you accept the job offer, you will have to progress through a series of steps in the McKinsey recruitment process. Most of the time, this process takes between 2x and 3x months, with often 14 days between steps on average.

Is McKinsey good company to work for?

McKinsey is one of the most well recognized brands in the world. Having the McKinsey name on your resume shows that you’re smart, can work hard, and have worked on challenging projects. You’ll have your pick in opportunities when you leave the firm in pursuit of the next step in your career.

Is McKinsey better than Deloitte?

Deloitte scored higher in 1 area: Work-life balance. McKinsey & Company scored higher in 8 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.