Am i missing anything from compensation package?

Question

Hey everyone! Just received an offer from BCG and wanted to get some insights from those familiar with their compensation structure.

Here's what was included:

Base salary
Performance bonus + PRSF/company bonus
Medical insurance (CIGNA)

My questions:

Is this pretty standard for BCG at this (associate) level, or should I expect more components?
Do they typically offer equity/RSUs? (Not seeing any in my package)
What about signing bonuses or tech stipends? I've heard other consulting firms provide these
Are there other benefits I should be asking about that might not be obvious?
Is there anything i could negotiate on? lol. Seems nothing. Otherwise, what do people negotiate on?

Answer 1

Hi there,

Happy to provide a perspective.

First and foremost, compensation is heavily region-specific. So what you received might be absolutely typical for your region but atypical in a different one. Also, unless you applied for a specialised role where you would negotiate the compensation directly, you likely received the typical package that everybody receives. That should answer Q1.

Q2. No.

Q3. They do offer signing bonuses in some countries. They would've mentioned if they did.

Q4. Relocation bonus (if applicable).

Q5. Honestly, if you're applying for a typical role and you received the typical package, then there's not much point in negotiating (besides the signing and relocation bonus, if applicable).

Best and enjoy the offer!
Cristian

Answer 2

Hi there,

It may be useful to reach out to people from your region as the benefits may change depending on the geography. I believe there are coaches here from BCG Asia.

Other than that, I agree with Christian’s points.

Best,

Mari

Answer 3

Hi there,

First of all, congratulations on the offer from BCG!

I would be happy to share my thoughts on your questions:

First of all, while there may be certain country-specific components, what you listed is standard for BCG. They typically don't offer equity or RSUs at any level lower than (senior) partner.
Moreover, they typically provide signing bonuses to candidates who seem uncertain about accepting the offer. You can find more on exactly this topic here. If they didn't mention any other compensation or compensation-like components, it is unlikely that there are any. However, please keep in mind that consulting compensation is highly standardized, so you didn't miss anything by not asking.
Lastly, while base salary and performance bonuses are usually non-negotiable, you may consider negotiating a relocation bonus if applicable. You can find more on exactly this topic here.

If you would like a more detailed discussion on your specific situation, please don't hesitate to contact me directly.

Best,

Hagen

Answer 4

As other coaches have mentioned, it's heavily region-specific. It's worth speaking to a coach from your region who was at BCG (or someone from your network).