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How to negotiate sign on bonus & relocation cost?

Sign on Bonus
Most recent answer on Sep 12, 2023
The best answer (on Sep 12, 2023) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Sep 12, 2023
#1 rated MBB & McKinsey Coach
Hi there! Happy to provide a perspective.  (1) Relocation benefit: Family reason has been a strong motivation for me to relocate, and I have strengthened this in the interview. Considering this, can I still ask for a re ... (read entire answer)
5
Answers
400
Views
21
Total Upvotes
on Sep 12, 2023 on Sep 12, 2023
Last Activity

Renegotiate Bonus?

offer Sign on Bonus
Most recent answer on Sep 09, 2023
The best answer (on Sep 07, 2023) is from:
Cristian
Expert
#1 rated MBB & McKinsey Coach
Cristian
Expert
gave the best answer on Sep 07, 2023
#1 rated MBB & McKinsey Coach
Hi there! Congrats! That's great to hear.  It's a bit difficult not to renegotiate it since you already signed it. Your leverage is almost gone.  What I'd do is to show them that you recalculated the relocation costs an ... (read entire answer)
5
Answers
224
Views
32
Total Upvotes
on Sep 09, 2023 on Sep 09, 2023
Last Activity

Timeline for Relocation or Signing Bonus after Accepting Offer

Final Round HR MBB McKinsey McKinsey Final Round offer relocating relocation Sign on Bonus start-date
Most recent answer on Oct 23, 2022
The best answer (on Oct 17, 2022) is from:
Ian
Expert
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Ian
Expert
gave the best answer on Oct 17, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate
Hi there, You should get the relocation bonus within 1-2 months. (whereas sign-on bonus is when you sign). It's worth looking at the contract itself as these terms will be specified (you can also directly ask the recrui ... (read entire answer)
5
Answers
1.8 k
Views
17
Total Upvotes
on Oct 23, 2022 on Oct 23, 2022
Last Activity

Accenture strategy UK consultant

Accenture Strategy salary Sign on Bonus
Most recent answer on Aug 16, 2022
The best answer (on Aug 16, 2022) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on Aug 16, 2022
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Accenture UK cons level will be around £70-£80k mark. You can negotiate sign-on bonus. Exit options are great. Accenture is top ranked in UK and almost all industries and consulting services.
2
Answers
1.3 k
Views
9
Total Upvotes
on Aug 16, 2022 on Aug 16, 2022
Last Activity

Sign-on bonus: post MBA experienced hire vs. MBA hire

Sign on Bonus
Most recent answer on Mar 29, 2022
The best answer (on Mar 28, 2022) is from:
SJ
Certified
SJ
Certified
gave the best answer on Mar 28, 2022
Definitely ask for it. I got a signing bonus in my initial MBB offer and was able to negotiated 2X the original amount. MBB's will be flexible and open to negotiating as long as you can make a case for it; I'm not sure ... (read entire answer)
6
Answers
960
Views
40
Total Upvotes
on Mar 29, 2022 on Mar 29, 2022
Last Activity

Signing Bonus

Sign on Bonus
Most recent answer on Mar 15, 2022
The best answer (on Mar 14, 2022) is from:
Moritz
Expert
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos
Moritz
Expert
gave the best answer on Mar 14, 2022
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos
Depends on firm, region, job level, and your level of education. Depending on the above mix, this can range from US$0 to US$30,000+. Should you negotiate? Sure, with the right tactic. But manage your expectations. Best ... (read entire answer)
9
Answers
2.2 k
Views
50
Total Upvotes
on Mar 15, 2022 on Mar 15, 2022
Last Activity

Signing bonus for experienced hires - Dubai post-MBA role

benefits dubai MBA Post-MBA salary Sign on Bonus
Question edited on Feb 15, 2022
The best answer (on Feb 07, 2022) is from:
Lucie
Expert
10+yrs recruiting & BCG Project leader
Lucie
Expert
gave the best answer on Feb 07, 2022
10+yrs recruiting & BCG Project leader
Hi there,    1) When it comes to the signing bonus, what is the current market standard for MBA graduates in Dubai?  Considering that ME Consultancy have a huge shortfall of staff in the region it will be probably aroun ... (read entire answer)
6
Answers
2.1 k
Views
50
Total Upvotes
on Feb 15, 2022 on Feb 15, 2022
Last Activity

BCG London signing bonus

Job offer Sign on Bonus
Most recent answer on Feb 10, 2022
The best answer (on Feb 10, 2022) is from:
SJ
Certified
SJ
Certified
gave the best answer on Feb 10, 2022
Congrats on the offer! Have you received the offer letter or is this just communication from recruiting? Either way, signing bonus is traditionally a part of the offer and is definitely negotiable unlike the base salary ... (read entire answer)
6
Answers
3.4 k
Views
50
Total Upvotes
on Feb 10, 2022 on Feb 10, 2022
Last Activity

Sign-in bonus - experienced hires

Experienced MBB Sign on Bonus
Most recent answer on Dec 15, 2020
The best answer (on Dec 14, 2020) is from:
Adi
Expert
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
Adi
Expert
gave the best answer on Dec 14, 2020
Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience
I dont want to stump you but sounds like you are doing very well in your current role and company. So why the urgency to leave now in this uncertain climate and downgrade in terms of position/level & salary? You mus ... (read entire answer)
7
Answers
1.7 k
Views
60
Total Upvotes
on Dec 15, 2020 on Dec 15, 2020
Last Activity

Sign on bonus for experienced hires in BCG Dubai

BCG dubai Experienced Hire Sign on Bonus
Most recent answer on Jul 14, 2020
The best answer (on Oct 30, 2018) is from:
Vasilis
Expert
x-BCG Dubai, x-Recruitment lead for BCG, Case Interview Expert (350+ interviews, 100% recommendation rate), Ops Manager @ Uber
Vasilis
Expert
gave the best answer on Oct 30, 2018
x-BCG Dubai, x-Recruitment lead for BCG, Case Interview Expert (350+ interviews, 100% recommendation rate), Ops Manager @ Uber
As an x-BCGer in Dubai, I have never heard of a sign-on bonus - wish I had brighter news for ya :)
4
Answers
3.1 k
Views
5
Total Upvotes
on Jul 14, 2020 on Jul 14, 2020
Last Activity

Is a sign on bonus always guarenteed for post MBA job seekers?

Sign on Bonus
Most recent answer on May 06, 2020
The best answer (on Apr 27, 2020) is from:
Luca
Expert
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Luca
Expert
gave the best answer on Apr 27, 2020
BCG |NASA | SDA Bocconi & Cattolica partner | GMAT expert 780/800 score | 200+ students coached
Hello, Signing bonus is not always guaranteed but it's a common practice for MBB when they hire an experienced hire. Especially after the MBA, you can negotiate a signing bonus according to other job offers and eventu ... (read entire answer)
9
Answers
2.5 k
Views
28
Total Upvotes
on May 06, 2020 on May 06, 2020
Last Activity

Singing bonus MBB

MBB Sign on Bonus
Question edited on Jan 12, 2020
The best answer (on Jan 05, 2020) is from:
Sidi
Expert
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
Sidi
Expert
gave the best answer on Jan 05, 2020
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
It depends on the region. In some regions, signing bonuses are standard, in others they are offered in specific cases, and there are also regions where there are no signing bonuses at all. So if you want valuable input, ... (read entire answer)
6
Answers
2.7 k
Views
8
Total Upvotes
on Jan 12, 2020 on Jan 12, 2020
Last Activity

Signing Bonus

Job offer MBB Sign on Bonus
Most recent answer on Sep 21, 2019
Anonymous gave the best answer on Sep 20, 2019
Hi, it is the norm to pay it with the first pay check. You can always try to renegotiate, they won’t have a “bad” opinion of you for trying. I wouldn’t have much hope for a positive answer, though,but you can always t ... (read entire answer)
3
Answers
1.7 k
Views
2
Total Upvotes
on Sep 21, 2019 on Sep 21, 2019
Last Activity

When is usually the bonus period?

MBB Sign on Bonus
Recent activity on Dec 08, 2018
The best answer (on Dec 07, 2018) is from:
Ben
Expert
Bain & Co interviewer (~3 years) | MBB-prep focused | Expert: Market Sizing; P&L cases | 50+ coachees at MBB
Ben
Expert
gave the best answer on Dec 07, 2018
Bain & Co interviewer (~3 years) | MBB-prep focused | Expert: Market Sizing; P&L cases | 50+ coachees at MBB
Salut Jérôme, Fully aligned with Vlad ! I would also add that in any case if you leave the company by yourself, you will get your bonus prorated, so it really doesn't matter. Best of luck in your preparation ! Benoit
4
Answers
3.2 k
Views
2
Total Upvotes
on Dec 08, 2018 on Dec 08, 2018
Last Activity
14 results

Consulting Q&A – Ask Questions about Your Career

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