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

Individual Performance bonus (IPB) for Junior/Associate Consultant at BCG

performance-bonus

Most recent answer on Sep 14, 2023

Marvin

Expert

Former BCG Consultant | Startup Founder | Holistic approach to a successful application - cases & beyond | 10% discount

Marvin

Expert

gave the best answer on Sep 11, 2023

Former BCG Consultant | Startup Founder | Holistic approach to a successful application - cases & beyond | 10% discount

Hi, if it states that in your contract then you are also entitled to a bonus. How high the bonus will actually be depends on a few factors: Company performance during the prior year Your personal performance (at BCG mea ... (read entire answer)

5
Answers

497
Views

32
Total Upvotes

on Sep 14, 2023 on Sep 14, 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

It's time for bonuses

MBB performance-bonus

Most recent answer on Mar 19, 2021

Denis

Expert

Goldman Sachs Investment Banker NYC | Ex-Bain 5 yrs| MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews

Denis

Expert

gave the best answer on Mar 18, 2021

Goldman Sachs Investment Banker NYC | Ex-Bain 5 yrs| MBA Chicago Booth | Passed > 13 MBB > 20 IB interviews

In my experience different ranks (e.g. Consultant, EM, Director etc) had different payout dates. For the immediate post-MBA position we received bonuses once a year and that was July. Sidenote: there is not as much va ... (read entire answer)

6
Answers

2.0 k
Views

65
Total Upvotes

on Mar 19, 2021 on Mar 19, 2021
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.