McKinsey comp bump just announced?
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Folks who are still at MBB - with AI taking away a lot of the notetaking/synthesis writing/first pass deck building work, are you still grinding long hours? If yes, what has been driving those long hours? - from someone who left before AI took off and is contemplating an offer to return as EM. Thanks!
MBB office competitiveness: Boston vs Chicago vs SF? Incoming MBA at a midwest M7, targeting healthcare/biotech work. My read is all three offices have real presence in the space, but Boston is the strongest for life sciences specifically. Question is how realistic Boston is coming from outside the region — does the HBS/Sloan pipeline make it meaningfully harder for a midwest M7 candidate, or do offices not really weight school geography that much?
McKinsey & Company consultants, any intel on the apparent laptop switch from PC to Mac? I’ve heard that new joiners are being given MacBooks, but can exchange for a PC upon request. I’m joining the firm in a month and am curious if it’s worth requesting a PC considering the whole firm will eventually switch over to Mac.
What’s the salary for Associates? Is the 10% a one time benefit or salary?
Now for BCG and Bain to be Fast Followers 😂
TBD - 10%+ across the board is the rumor. Announced but details aren’t finalized Z
The 15% is the increase from the original low to the new high. Playing with the numbers (what else is new) and you look at possible increases low to low, low to medium, low to high you might get an avg of 10. Then again this was one person's post on Reddit about As and Cs. But if you townhall a target of 10% across the board and it's funny math to get there, you manage to turn what should be a morale boost into a moral bust. Time will tell.
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don’t play 👀
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yes
M1 any shareable details?
Does that include the general increase you get as you move up a level? Or actual band increases?
I don't understand this question... there are already increases as you move up levels. When people talk about comp increases they are talking about the bands...
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Wow. Get ready for some drastic personnel cuts.
Also this thing called price rises… which over the past X years since last comp rise has more than outstripped the comp rise….
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