negotiating the offer with MCK

Question

Hi!
I arrived to the final round with MCK now I am waiting for the feedback and maybe the job offer (I have 3 and a half year of experience in a manufacturing company). To HR in the past interview I have asked my actual salary with a raise of 15-20%. If I get the offer, do you think there is room for negotiation? If they don't align with my requests should I negotiate some benefit (vacation, rent..ecc)?

Answer 1

The higher position, the more individual conditions there can be. As Business Analysts, I think it is almost impossible to negotiate a salary raise. For Associates, it is difficult as well. For highers it could work.

Benefits like vacation will be almost certainly fixed for all employees and I wouldnt even try...

Answer 2

Hi,

Salary is not negotiable and is standardized for each career level.

I would not even mention negotiating vacation days or rent since it sounds nonsense

Best

Answer 3

Hi,

In most cases, the compensation package is standard and negotiating the salary is highly uncommon. Only in very rare cases, I heard that the compensation is adjusted for some existing consultants to convince them to stay in the company, but not for the new hires.

Best,

Deniz

Answer 4

Hi Anonymous,

McKinsey has basically fixed compensation packages and individually negotiating salaries would lead to an explosion of complexity in their HR - and this is especially true for more junior levels.

What I do know is that experienced hires on AP level could negotiate one-time side perks (signing bonus as a compensation for shares which they held at their previous company being on partner level, as well as relocation support) - but not their salary as such.

Hope that helps!

Robert