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Hi, does anybody know what salary increases look like for McKinsey internal roles? I received an offer at the Manager level (internal role). I am currently a Director at a Big 4, but looking for something different due to travel requirements. There is no bonus, but 12% 401k contribution so was wondering if salary increases are decent. Thank you. #mckinsey #consulting TC: $260k
I got 4% raise in my base salary (and that's it), and I joined the Firm last late September (Green Band, not T&D but FSP).
You got a raise within 4 months of joining? I was told that, those who joined within 6 months would not get any raises / ratings.
Yes I got 4% raise
It is usually 3 to 4%. The consulting track have large bonuses and increments. Do you have direct reports as it is a “manager” role? Is your role inT&D? What’s your band level and offer?