Hi,

Usually, you get a sign-on bonus as a consultant (Bain, BCG) or Associate (McKinsey). Your compensation with any of these companies would be higher than your comp in Big4, even as a top performer, so you will not lose that much money. In any case - it does not hurt to try

Best

Hello there!

Having prepared solid argumentation it could be possible for senior hires, yours seems like it.
Try to ask HR about it first, give your reasons, but make sure that it won't be taken as a demand.

You could negotiate about a more senior position instead, but keep in mind that you need to continue keeping your performance on top.

Was it helpful?

GB

Hi there,

100%

This is negotiations 101! You have a valid/reasonable reason to ask for a larger bonus. Frame it in the right light (i.e. "I'm very interested in the role, but I just need to justify the fact that I will be giving up a signing bonus") and you should be good to go!

Make sure that they know you will sign on the dotted line if they can provide you with the bonus.

Hi there,

You can try to negotiate – a signing bonus is one of the few things you may indeed be able to find an agreement on. There is no harm in asking.

Best,
Francesco

Hello!

First of all, if you had 3 years experience in Tier 2 Consulting, being a junior Associate + no MBA would not be a downgrade in McK, it would be the normal carreer path :)

Secondly, a priori I would tell you that indeed is something to put on the table -only once and if you get the offer, not before-.

However, also to be fully transparent, MBBs are known not to negotiate for an inch, since they have pretty well stablished positions and salaries associated.

Could you clarify the geography, that is another huge point?

Hope it helps!

Cheers,

Clara

Hi,

This is absolutely 100% a valid reason to ask for a sign on bonus. Just prepare data on the past bonuses that you received from your firm as a back up to the number that you asked.