Mckinsey singapore salary reddit. It is definitely higher at the big 4 consulting firms.

Mckinsey singapore salary reddit McKinsey Partner Salary: Partners build and maintain client relationships and this is generally a “sales” role. Last year, most of the T2 firms were within $10k base of the MBB offers and I think some even matched it. , PhD, Post-doc, MD, JD), hold a bachelor’s or master’s degree plus 4+ years of work experience, or completed your master’s degree within four years of your bachelor’s degree. Extra legal stuf is a mobility package and netto extras [officially representation budget and per diem reimbursement (this is ment to replace meal vouchers)] and the base yearly salary in Belgium is calculated as 13. Salary information comes from 94 data points collected directly from employees, users, and past and present job advertisements on Indeed in the The average McKinsey & Company salary ranges from approximately $35,156 per year (estimate) for a Warehouse Worker to $553,424 per year (estimate) for a Senior Partner. McKinsey How much does McKinsey & Company in Singapore pay? The average McKinsey & Company monthly salary ranges from approximately $6,047 per month for Business Analyst to $14,536 per month for Gas Technician. 192/190k for MBB is for the Class of 2023 starting full time in 2023. Apr 10, 2025 · The estimated average salary for a Knowledge Analyst at McKinsey & Company is $116,207 per year or $56 per hour, but some professionals have reported earning up to roughly $181,309 per year (90th percentile). Salary wise - around 800k HKD annually for 5-8 yrs exp, capping around 1-1. Average McKinsey & Company Consultant monthly pay in Singapore is approximately $11,293, which is 102% above the national average. Hi here to clarify a couple things really quick. In the Netherlands in corporate jobs you generally receive 14 monthly salaries a year. g. Super hirap makapag Mckinsey kasi di naman din basta basta yung company. During that time I worked on projects around the world on a wide range of innovation-related subjects. Highly agree with the sentiment above. It depends on the country you're in, I suppose. President in MNC company , $15k rental subsidy, salary about $20-25k/ month, excluding other options and perks. uk Open It's 192K salary, 29K bonus (90% of people get this), and in an avg. thetimes. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship The market is not moving in your favour and there are plenty of non-Chinese speaking ABCs already here and established. McKinsey is raising base pay for new BAs $10k, from $90k to 100k. Posted by u/pmct - 446 votes and 225 comments MBB and other firms base salaries are extremely close. An insurance agent friend $1m-4m/ year…. Lead BAs with line management responsibilities are paid more than that. I can tell you all that in London, salary progression for an accountant, give or take a 1k or 2, is: 1st yr: £28500 2nd yr: £30,500 3rd yr: £34,500 4th yr (newly qualified): £46000-£ Salary data from real offers - updated annually! See 2024 consultant salary data for McKinsey, BCG, Bain, Big 4 firms, and over 90 more! On average, if you're staffed, you can expect to work 55-65 hours per week, depending on the intensity and stage of the project (it's usually busier before deliverables are due). The average McKinsey & Company salary ranges from approximately $47,100 per year (estimate) for a Communications Coordinator to $420,630 per year (estimate) for a Solution Leader. That’s because you’re probably a JC1/JA1 after an mba from IIM/ISB etc. 232 votes, 98 comments. year you get 40-50% of bonus as profit sharing (so another ~12-14K on avg) and 401K is 3% not 4. MBB - McKinsey, Bain, Boston Consulting Group. Salary information comes from 20 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. I was talking about an MBA outside India. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. More senior salaries have gone up. A sub reddit for Irish and Ireland-based Devs If there are any UK based Data scientists out there (as it appears this subreddit is non-UK heavy) please share details of salaries, preferably London based. So a Junior Partner, from H/S/W, working in McKinsey will be paid the same salary as a guy from IIM. Between 3300-3500 is a common corporate gross salary that unexperienced university graduates can expect at larger organisations. Visit PayScale to research McKinsey & Company, Inc. Top tier strategy firms B4 - Big 4, PwC Deloitte EY and KPMG. I’m an experienced hire (I have a Master of Science degree, 15+ yr working but none in ‘formal’ consulting, though I’ve served as a kind of internal consultant for 4 yrs in my current position). 6% of all taxpayers, 200K in the top 8. Even the partners making $3M We would like to show you a description here but the site won’t allow us. Also mind that the employee gets roughly 14months of salary, not 12. Also, may Mckinsey ba sa Pinas? I had more than 2 years experience and I was told to gain at least 18 more months of experience before trying again. Feb 24, 2023 · In terms of salary, we pay pretty well to try and compete for talent against MBB / Tier 2s. The people who went McKinsey fit a specific mold the least of the three. The average Associate base salary at McKinsey & Company is $160K per year. For reference, that's about the same as a grad salary progression at fucking BT in 2018, except if you adjust for inflation a bit grad was earning the equivalent of 42k today by year 2. I’m guessing by your demeanor there is a large degree of jealousy both in pay and I spent 5 years working as an innovation strategy consultant at McKinsey in the Montreal office. In Singapore, where I'm based in at least, the pay at a big 4 as an associate is really quite jarring. 92 times your monthly salary to take into account 13th month and vacation pay. 500 instead of €25. salaries, bonuses, reviews, benefits, and more! The estimated total pay range for a Associate at McKinsey & Company is $156K–$211K per year, which includes base salary and additional pay. Why would you expect their work to be the same? This post is massive hyperbole. Don't expect US level salaries here for consultants (especially big 4 consultants). Get the Reddit app Scan this QR code to download the app now Edit: I forgot to add that these partners base salary was $250K–$400K. 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. 2m HKD annually for 8-12 years exp. . Employees in Singapore have given McKinsey & Company a rating of 4. So with 3-4y experience you will be looking at a higher number. 272K subscribers in the consulting community. The compensation depends on the position you're applying for ,not on the school you did your MBA from. McKinsey has 40 dudes from ivy leagues - Deloitte has 1000 dudes from top 25 MBA programs. London salaries are normally higher and if you contract, your day rates are higher still. For the Class of 2022, MBB offer/starting was $175k. 1 out of 5 We would like to show you a description here but the site won’t allow us. It's actually a terrible salary in context. Posted by u/IronAA3000 - 7 votes and 47 comments CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Just got a call from a recruiter (I have an offer on the table). Not sure with the others if it’s the same thing. About 70% direct employment. The average salary for McKinsey & Company, Inc. employees in Singapore is S$67,620 in 2025. Jan 30, 2025 · Harvard Business School’s latest employment report suggests that the average (median) graduate in consulting earned $190k in salary and $70k in additional bonuses ($260k total), while the average graduate in investment banking earned $175k in salary and a whopping $225k in additional bonuses ($400k total). 302 votes, 324 comments. McKinsey Singapore has been ranked #1 in consulting and #8 overall (as voted by 11,665 local students and graduates in Singapore's longest-running annual national careers survey). A community for consultants across industries. 5% And you only get 15 days vacation. Roughly, here’s the price points as a fraction of McKinsey’s price: McKinsey - 100% BCG - 91% Accenture - 21% EY - 68% I understand that McKinsey would likely lead to a higher quality result, but is McKinsey really five times better than Accenture, for example? A free inside look at company reviews and salaries posted anonymously by employees. After an MBA in a US school/UK school, one typically joins as a C1/Associate (as opposed to JC1/JA1 after Indian b schools primarily because average pre mba work experience is Over the last few years banking has become even less popular, so consultancies have held their starting salaries fixed at 2010 levels and seen record numbers of graduates applying every year. 5 - 2 YOE) would be >150k Starting total comp for analysts is >100k; consultants (1. Analyst - 3500 USD gross, Associate 5500 USD gross. Compared to 2010 starting salaries are similar for analysts but 30% higher for managers. Don't know about pay at other levels. McKinsey salaries: Business analysts (fresh out of undergrad hire) earn a $75,000 salary + $5,000 signing bonus + $5,000 relocation allowance. For a single person, you can live pretty well. You are working 9am/12pm on Mon-Thursday, 9am-6pm Friday; weekends are usually off days but shit happens. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. But from what I have seen in the UK, salaries are around £33k for junior and £40/£50k for more experienced analysts. The average McKinsey & Company hourly pay ranges from approximately $18 per hour (estimate) for a Janitor to $237 per hour (estimate) for a Managing Director. Mckinsey recruits the widest variety (partially a function of recruiting the most), and so it felt like the more eccentric people ended up there - which included superstars but also some odd ducks. It's a middling grad salary for London, and low for how much you work. You’ll be in a position to make a name for yourself and potentially get on opportunity to go elsewhere top exec assistants at F500 companies, Hedge Funds, consulting firms, came clear $400k a year no problem. I am working at the Big 4 transactions division here and can confirm confidently that deals are mainly in-out, which means that 95% of clientele are Japanese natives and can’t speak a word of English. r/McKinseyAndCompany: Discuss McKinsey & Company and their consulting Engineering Advisory firm Consulting Arm (Arup, Aecom, WSP, etc…) Sydney Infrastructure (deals and business cases) Senior associate 132k + bonus 6 days ago · The estimated average salary for a Engagement Manager at McKinsey & Company is $216,481 per year or $104 per hour, but some professionals have reported earning up to roughly $396,160 per year (90th percentile). Not sure of all the details but I do know that C1s got bumped from $175k to $190k. co. 75k base that the article quotes is too low probably not possible. McKinsey & Company Average salary of ~$275,000 per year. Start off small, rent and utilities 5-6k for a studio apartment, another 5-7k for living expenses. 323 votes, 53 comments. The work they do is not the same, McKinsey hires from the top 1%, Deloitte does not. 5 - 2 YOE) would be >150k You can join as an associate or junior associate if you have another postgraduate degree (e. Also just to clarify, mbb is all 190k+ salaries now, with McKinsey being 192k, and Bain and bCG being 190k. A mid-career Risk Manager with 5-9 years of experience earns an average total compensation of AU$104,319 based on 9 salaries. 276K subscribers in the consulting community. Salary costs for the consultant need to be increased by social security costs of the employer, the car, insurances, other benefits, IT equipment, training costs and all the overhead functions etc. £90k to £120k sounds just about right. 792 votes, 62 comments. Hmm, adding to the list (figures from 2020-21, numbers have probably changed in the last 3 years) SAIF Partners: 60+20 GE Atlantic: 60+20/ 80+40 We would like to show you a description here but the site won’t allow us. 267K subscribers in the consulting community. McKinsey are offering staff 9 months full pay, career coaching & CV help if they agree to spend the time job hunting to leave the company, in a bid to reduce headcount amid a huge downturn. sg income comparison tool (latest year is 2021, no age breakdown given) — 100K would put you at top 25. I also interviewed many applicants for associate and analyst roles in Canada and elsewhere. employer CPF) is $5,792 I also tossed some numbers into the salary. We would like to show you a description here but the site won’t allow us. The average McKinsey & Company hourly pay ranges from approximately $14 per hour (estimate) for a Coordinator to $14 per hour (estimate) for a Coordinator. Average salary of ~$800,000 - 1,000,000 per year. 000. I'm curious- why is there such a stark difference between the pay in Asia vs US/Europe. McKinsey is a great company of course, but more importantly, it’s a great consulting firm. So that makes €17. Partners lead client engagements with the help of Engagement Managers who manage the day to day operations and delivery. I pick this figure because that is the cut off for BTO flat applications and there must be a reason why they set that… According to 2022 ministry of manpower data, the median monthly income for somebody aged 30-35 in SG (incl. The average additional pay is $31K per year, which could include cash bonus, stock, commission, profit sharing or tips. Schools like M7/LBS/INSEAD are counted in the same bracket as IIM A/B/C and ISB. the bonus and the base salary are gross. It is definitely higher at the big 4 consulting firms. JC1 salary with variable is 35-40 I am not denying. Mckinsey definitely not. Starting total comp for analysts is >100k; consultants (1. 5% of all taxpayers 19 votes, 10 comments. Any sense of when McKinsey/Bain will… An early career Risk Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of AU$99,334 based on 5 salaries. These are the “Big 4” of Tax/Audit but when discussed here, it is referring to their tech/strategy consultant roles. Reply reply Hey everyone! I'm currently based in Asia, and am due to start as an associate come August in one of the Big 4's in Singapore. yxx bqly vmjjr szmmvyb ojketwb wandoh rnv xyokb nwvi mnbc