Get Active in Our Amazing Community of Over 451,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!

How does the Consulting Q&A work?

Anyone can ask a question

Anyone can write an answer

Upvotes let answers rise to the top

What is your annual bonus structure?

bonus

Most recent answer on Sep 30, 2023

Benjamin

Expert

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Benjamin

Expert

gave the best answer on Sep 30, 2023

Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi, Bonus is quite firm dependent. I would say ~30% is on the low end of bonus for managers at T1 firms. And yes, if times are bad there might be no bonus, or a very low bonus. All the best!

4
Answers

1.0 k
Views

25
Total Upvotes

on Sep 30, 2023 on Sep 30, 2023
Last Activity

Signing Bonus

bonus McKinsey Recruiter

Most recent answer on Aug 05, 2023

Udayan

Expert

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Udayan

Expert

gave the best answer on Aug 04, 2023

Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

You usually get both with your first or second paycheck - about a month from your start date. So yes unfortunately you will most likely have to wait till you join. yes it is totally appropriate to ask the recruiter t ... (read entire answer)

5
Answers

494
Views

40
Total Upvotes

on Aug 05, 2023 on Aug 05, 2023
Last Activity

Performance Bonus percentage at McKinsey Middle East

bonus performance-bonus

Most recent answer on May 06, 2022

Cristian

Expert

#1 rated MBB & McKinsey Coach

Cristian

Expert

gave the best answer on May 05, 2022

#1 rated MBB & McKinsey Coach

Hi there, It's a bit of a mistery how the bonus is actually calculated since they take into account not only your performance, but also your tenure, as well as the performance of the Firm / region in that year. Anyway, ... (read entire answer)

4
Answers

2.9 k
Views

14
Total Upvotes

on May 06, 2022 on May 06, 2022
Last Activity

Looking for exciting discussions from the community?

Bonus entry level roles consulting

bonus compensation contract Job offer Offer Letter performance-bonus

Most recent answer on Dec 28, 2019

Antonello

Expert

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Antonello

Expert

gave the best answer on Dec 28, 2019

McKinsey | NASA | top 10 FT MBA professor for consulting interviews | 6+ years of coaching

Hi, first of all congratulations for the offer :) Have you got a 3/6-month contract or the full standard one? In the former case, bonuses are never included. Not every firm has bonuses for entry-level consultants (e.g. ... (read entire answer)

3
Answers

2.4 k
Views

1
Total Upvotes

on Dec 28, 2019 on Dec 28, 2019
Last Activity

4 results

Consulting Q&A – Ask Questions about Your Career

In this overview, you will find all the questions asked so far by the PrepLounge community. Anyone can ask questions and write answers. Our coaches are also happy to share their expertise. If you like an answer, give it an upvote so that it rises to the top. Here you can also find our guidelines and FAQs for the Consulting Q&A.