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MBB offer structure

consulting contract offer offerstructure
New answer on Jan 21, 2020
5 Answers
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Anonymous A asked on Jan 17, 2020

How much do Tier 1/Tier 2 consulting firms typically offer as variable performance bonus and what are the performance KPIs? More keen to know about pre-MBA (2-3 years non-consulting work ex) and fresh MBA offers.

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Daniel
Expert
Content Creator
replied on Jan 20, 2020
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews

in McKinsey Germany it's 10-25% and depends on your performance in the last review cycle of the year (October-November)

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Vlad
Expert
replied on Jan 17, 2020
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

Don't agree with Luca - McKinsey has a performance bonus as well. All MBB companies have a 10-25% bonus

Your exact bonus size is defined by your rating. Your rating is defined on the reviews. It takes into account all feedbacks you get on the project

Best

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Luca on Jan 19, 2020

Hello Vlad,I can assure you that as Business analyst you don't receive a bonus of 10-25% in the italian office. Maybe it depends also on the country ;)

(edited)

Anonymous replied on Jan 17, 2020

For most firms it is typically 15% - 20%. However, it could be more in the year you get promoted.

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Luca
Expert
Content Creator
replied on Jan 17, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached

Hello,

it depends on the company. For example, as entry level, BCG and Bain offer between 10% an 20%, while McKinsey doesn't offer any variable.
Generally speaking is around 15% for the first level and 25% for fresh MBA offers.

If you want to know further, feel free to text me.

Best,
Luca

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Clara
Expert
Content Creator
replied on Jan 21, 2020
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

Can only speak for McKinsey, where a part indeed it´s linked to your performance in the last 12 months, ~10% of difference between best and worst.

Hope it helps!

Cheers,

Clara

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Daniel gave the best answer

Daniel

Content Creator
McKinsey / ex-Interviewer at McKinsey / I will coach you to rock those interviews
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