McK BA salary > BCG Associate salary? (Outside north america)

Question

Hi, I received offers from both firms to respective roles (in the middle east) and McK BA base salary is 12% higher (yearly bonus pretty similar for both). Also no signing bonus for both. Is that common? Is it like that in Europe and NA as well?

Answer 1

Hi there,

No, it differs from region to region.

In Central Europe, and not only, it's rather common for BCG to be paying more overall, but then the bonus to be slightly higher for McK. Over the long run however, these things even out, so I wouldn't worry too much about it.

Best,

Cristian

Answer 2

Hi there,

Generally that's about right but it really does depend on office, timing etc.

Ultimately, you've been sent the offers you've been sent…so work with that! Make sure to negotiate across both offers to see what you can push them towards! (i.e. try to get signing bonus, or additional retirement contributions, etc.)

Answer 3

Hey there,

Congrats on your offers!

Sounds pretty common in terms of the signing bonus. For other regions, I believe BCG is on par or sometimes even pays slightly more than McKinsey.

What offer will you accept?

Cheers,

Florian

Answer 4

Hello!

It depends on the geographies. In Spain for instance, the other way around for BAs.

Cheers,

Clara

Answer 5

Hi there,

For equivalent positions, McK tends to pay highest.

However, there's many exceptions to the rule and I'm not really sure what anyone would gain from having all that info - it's not really actionable in any way.

Anyways, congratulations for the offers and best of luck!

Answer 6

Surprising data point. In my experience BCG pays more among MBB's across most geographies even in Middle East.

Answer 7

It really depends. I’ve heard of many more locations in Europe and NA where BCG pay more than McKinsey.

Answer 8

Hi Cesar, I would be happy to share my thoughts on your question: First of all, the figure you mentioned does fall wi... (read entire answer)

Hi Cesar, I would be happy to share my thoughts on your question: First of all, the figure you mentioned does fall within the range of what BCG seems to offer in Saudi Arabia. H... (read entire answer)

Answer 9

Hi Ahmed, Management consulted tends to keep good track of this. In general, implementation pays ~20% less than strat... (read entire answer)

Hi Ahmed, Management consulted tends to keep good track of this. In general, implementation pays ~20% less than strategy at the consultant level. Here's some interview reading:... (read entire answer)

Answer 10

Glassdoor is a good datapoint for that type of salary questions. Not 100% reliable, but directionally right (as long... (read entire answer)

Glassdoor is a good datapoint for that type of salary questions. Not 100% reliable, but directionally right (as long as they have a relevant number of datapoints).