Signing Bonus

Question

I just received my offer to join Mckinsey. The offer states that the signing bonus will be paid with the first paycheck (5 months from now). Can I renegotiate to get it after signing directly? or is this the norm?

Thanks

Answer 1

Hi,

it is the norm to pay it with the first pay check. You can always try to renegotiate, they won’t have a “bad” opinion of you for trying. I wouldn’t have much hope for a positive answer, though,but you can always try!

Answer 2

Hi,

You can try to negotiate, but since you are not yet the employe (i.e. not in the payroll system), I don't know how they can proceed with that legally, especially in the US. You have to be an employee to pay taxes.

Best

Answer 3

Hi,

The norm is to get the bonus with your first paycheck, thus I do not think you will be able to get this anytime sooner. However, as mentioned by others here, no harm in asking.

Best,

Deniz

Answer 4

Typically, in depth screening is completed by the ACs / Consultants at the office that you are looking to apply to on... (read entire answer)

Typically, in depth screening is completed by the ACs / Consultants at the office that you are looking to apply to once you have made it past the initial filters. HR will assist... (read entire answer)

Answer 5

Let me take a crack at this (in English) since no-one has addressed this. Top consultancies typically want the best... (read entire answer)

Let me take a crack at this (in English) since no-one has addressed this. Top consultancies typically want the best people regardless of their background. Yes, some roles are... (read entire answer)

Answer 6

This is a great, great question... that I suspect no-one can systematically answer :) Unless you have spent significa... (read entire answer)

This is a great, great question... that I suspect no-one can systematically answer :) Unless you have spent significant time working for or with all three, how can you truly com... (read entire answer)