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Cross offers

Multiple offers
Recent activity on Sep 01, 2022
6 Answers
730 Views
Anonymous A asked on Aug 31, 2022

Hello, 

I'm an experienced hire interviewing for Mckinsey. The recruiter know that I have cross offers ( not MBB) and asked for the company names and location. I know an offer from Bain or BCG would put me in position to negotiate the location. Do Mckinsey ask to see these offers? 

 

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Cristian
Expert
Content Creator
replied on Aug 31, 2022
#1 rated MBB & McKinsey Coach

Hi there, 

Having alternative offers indeed gives you some leverage in negotiations. If you feel comfortable with sharing this info with the McK interviewer, then go ahead. It can't really hurt. They won't ask to see any actual official offers, so you could also be bluffing and they wouldn't know. It's obviously not very moral and elegant to do so, however.

Best,

Cristian

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Kiran
Expert
replied on Aug 31, 2022
Former McKinsey Consultant (ranked top 3-5%)|McKinsey interview coach, 50+ sessions|30% off first session|Tech Investor

For McKinsey, they are not intimidated by cross offers. I know for a fact their win rate for cross offers is very high.

This being said for cross offers they will 1) accelerate a process for you, where possible (ie to get you an answer); 2)  sell you very hard if you do get an offer with them (but tend not to move on salary)

And the degree to which they might ‘care’/respond is correlated to the firm you have a cross offer with. Of course don't lie and don't expect huge amounts but for sure alert them to any cross offer situations you might have (especially with exploding offers)

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Anonymous B on Aug 31, 2022

Agree fully with this

Francesco
Expert
Content Creator
replied on Sep 01, 2022
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Q: Does McKinsey ask to see offers? 

I never heard of a case where they asked to see the actual offer. They usually ask for the company names to see if there is a risk to lose a candidate / understand if it is direct competition. 

So far that it is Tier 2, you should be able to leverage them to accelerate the process. If it is MBB, you could also be able to negotiate salary conditions/seniority.

Good luck!

Francesco

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Ian
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replied on Sep 01, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

If you feel comfortable sharing, you can share. If you don't feel comfortable sharing you can politely decline.

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Pedro
Expert
replied on Aug 31, 2022
30% off in April 2024 | Bain | EY-Parthenon | Roland Berger | Market Sizing | DARDEN MBA

No, they won't ask. But lying is not a good policy. 
Also be aware that it only goes so far regarding negotiation. 

In general, they want you to chose Mckinsey because you actually prefer Mckinsey.

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Sophia
Expert
replied on Aug 31, 2022
Top-Ranked Coach on PrepLounge for 3 years| 6+ years of coaching

Hello,

You can mention your other offers during the negotiation process, and that can put you at an advantage in negotiating salary and location. However, McKinsey will not ask to see them, and you don't have to disclose them if you don't want to (although there isn't much of a downside, in my opinion).

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Cristian gave the best answer

Cristian

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