Got offered a Senior Software Engineer position at McKinsey T&D located in Boston, MA Base: 165K Sign on: 30K What do you think about the offer? Is there anything that can be increased? Also what are the levels at McKinsey T&D like? Is there an annual/performance bonus component that I can ask for? #offer YOE: 7
That base is fair for a consulting firm. Can’t speak to sign on for McKinsey specifically but I know it’s higher than some consulting firms offer.
Thanks for the info. I was told, the sign on bonus is high because I will not be getting any annual/performance bonus this year but will be eligible for the annual bonus next year (2023). But I really don’t know how far it’s true though!
you may get some good overtime pay if you have a client facing role
It’s a good offer, but try to push for a higher SignOn bonus. They are one of the best consulting firms.
How much is annual bonus?
I was not given any annual bonus and I was told that comp structure is changing throughout the company this year and I will be eligible in 2023. Don’t know how far it’s true though!
There’s a bonus. I don’t know why someone who doesn’t even work there would say that. It’s minimum 15% in my experience. Also there’s profit sharing and MPPP you get every year regardless of your contribution.
Hey, can I dm you? I have few questions.
Bonus for associates with base 175k was 30-55k for those in good standing last year, I don’t know about yours since it’s a different path. Yours I’d guess a bit lower though but I’m not familiar with T&D comp structure Sign on for post mba associates is also 30k so yours is aligned with those (I got 30k in 2020 after MBA +5k relocation Philly to NY)
This is a great offer for SSE (Band 2). You’re probably in the top end of your band. The only way you can negotiate more pay is by a title bump to Software Architect (which will push you to the next band). However Band 2 for YOE 7 is very fair. I’d be surprised if they offered you a band 3 at your yoe Also, here are the bands at McKinsey T&D Band 1 - SE Band 2 - SSE Band 3 - Software Architect Band 4 - Sr. Software Architect Band 5 - Director/Distinguished Engineer/Sr. Principal Engineer (AP) Band 6 - CIO/CTO (Partner)
what's your band level?
Health & Wellness
Yesterday
2568
I hate my f***** life
Today I Learned
Yesterday
1198
My understanding of the Holocaust was incorrect!
Tech Industry
Yesterday
8890
China CYBERATTACK on UK ? WTF
Tech Industry
10h
1975
Are tech workers as rich as they think we are?
World Conflicts
Yesterday
624
Remember folks, all Israel wants is the hostages back
No bonus at T&D. it is mck internal IT.
There is a bonus for many internal roles. Might depend on the level.
I was told that the comp structure and titles are changing in 2022 and everyone will be eligible for a bonus next year. Is it true?