Mckinsey salary progression Location (for regional salaries) Choose a state or metropolitan area to view regionalized salary information based on 2019 Bureau of Economic Analysis data Actors Jul 8, 2021 · Mckinsey Salary Progression In UK. . Jan 5, 2022 · McKinsey which offers the biggest total comp package for those who hit the top performance bonus of $30,000, provides up to $10,000 in relocation expenses and 19 days PTO per year. McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000. Associates (fresh MBA hire) earn a $125,000 salary + $20,000 signing bonus + performance bonus of up to $40,000 + 12% of bonus/salary contributed to retirement fund. An employee that starts at McKinsey as a Business analyst in the UK earns a base salary of £45,000. Jan 30, 2025 · A McKinsey associate principal salary sits between $275,000 to $350,000, while McKinsey partner salary prospects start between $375,000 and $450,000 at junior level, going up to $500,000 to $700,000 for a senior partner. MBA/PhD hires For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total McKinsey salaries: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. Jun 2, 2025 · This equates to an average McKinsey salary progression of 20% per year! This blows away the 2-5% average increase you’ll receive in most industries! McKinsey employees typically spend 1-3 years within each role before being promoted to the next level. A promotion to analyst position can see the employee at Mckinsey earn up to £65,000. Engagement managers typically earn around $300,000-400,000, while Partners-level can earn up to $1,000,000. jmslhkxzmhvtcxkkuokzoqxqczcpxeiupilthqbzlofkcpxdvaeoo