A
77/100
Comparably Awards
McKinsey & Company Claimed Company
McKinsey & Company is a privately owned management consulting firm committed to accelerating sustainable and inclusive growth. Roundly considered the most prestigious company of its kind, it has achieved a near-universal level of renown by combining transformative technologies and a range of capabilities and working models. The firm’s practice areas address strategic, organizational, operational, and technological issues that challenge its clients.
McKinsey consultants work in collaborative teams, have opportunities to make meaningful impact, and engage in challenges to stretch their abilities and further their expertise. McKinsey provides a culture that is distinctive and inclusive, focused on a personalized, flexible, dynamic environment that delivers high-performing and sustainable results. The firm is creating conditions for its colleagues to author their own journey and advance based on individual skills and impact.
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McKinsey & Company Compensation Employee Reviews
All
Positive
Constructive
What is the best part about your compensation package?
Real bonuses, not token ones.
Really fair compared to other companies + annual bonus
Medical benefits are world class and definitely amongst the best in my geographical region
Review from Executive Dept
High base salary supplemented by a high and consistent bonus
Free health care with no deductable or copay
It's very competitive, and the signing bonus has remained where other industries (i.e., law) have removed it.
Base pay, 401k, benefits an
medical insurance is the best
High fix salary and less variable pay
Medical insurance and yearly bonus
Comparable salary to industry standards
Medical leave, vacation, maternal and paternal leave and severance pay
The high 401K Match program
Benefits including maternity leave and healthcare
Fair and compatible to the market. Extremely good benefits.
Practically free medical, dental and vision insurance plus immediately vested retirement benefits whether you contribute or not
Insurance, gym membership card, special deals etc.
Fair compensation for my role.
Review from Operations Dept
Largely cash, rather than options that are tied up for years and years
Review from Executive Dept
it is very cash heavy
Review from Executive Dept
Why do you feel undervalued and what would make you feel better about your compensation?
We have very long hours
For employees who have previous experience and joined in a junior role, Re-evaluate salary when they get promoted instead of gradual increase.
My male counterparts are paid more in base and bonus with lower ratings than me.
Compensation for consultants is great. However, if you are not a consultant expect to make a very mediocre salary below national averages.
Compensation average or even low compared to the market and the expectations they have from employees
better options outside specially in tech
More money of course. Target school consultants should receive a small consideration premium.
Partners are overpaid while all the other levels are underpaid for the amount of work and stress
Review from Operations Dept
Analysts are underpaid compared to market
paid middle-low end of the pack for 80hr weeks and tons of stress
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