| Topic Name: |
Starting Salary at BCG/McKinsey? |
| Message Name: |
Word has it that sal |
| Date Posted: |
04/18/2000 |
| In Reply To: |
The law salary is standard as a result of recent increases (supposedly to compete with .coms).
Starting base (2nd year--with a clerkship you enter as a year 2)--$135,000
Year-end bonus (max)--$20,000-$25,000
Clerkship bonus--$10-15,000
W/O wasting a year on a clerkship, the salary is $125 + $20-30K max bonus. Your friends are no doubt enjoying the same increase.
Given that traditionally consulting has been more lucrative than law jobs starting out, is there any chance that the starting package at consulting firms will increase? Aren't they just as likely as law firms (if not more so) to lose people to the .coms? |
| Message: |
Word has it that salary increases are being discussed by the partnership at McKinsey and supposedly will be quite substantial. However, nothing has been decided, and "substantial" can be left up for interpretation. We'll just have to wait and see. But the previous poster's McKinsey offer numbers are accurate at this moment.
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