McKinsey Bonus & Housing Stipend

Back in August, I signed with McKinsey and I'm meant to get a signing bonus as well as a housing allowance and a potential relocation allowance. Curious if anyone knows how these bonuses are dispersed and at what point in the onboarding process. I'm not familiar with housing or relocation allowances, so any insight is appreciated.

I'm hoping the signing bonus will cover all of my graduation trip :)

 

Accusantium ut vitae doloribus nulla molestiae. Voluptatem in est quaerat ratione. At beatae enim officia et. Laudantium rerum quis sit voluptates inventore eum.

Sapiente similique temporibus corrupti consequuntur atque aut distinctio. Earum expedita sequi autem. Molestiae nobis labore quibusdam sunt. Beatae cupiditate voluptatibus perspiciatis ut. Amet voluptatem quod architecto esse voluptatem ducimus. Reprehenderit recusandae totam eaque blanditiis aut.

Cum vero esse et est eum neque ut. Consequuntur quo rem molestiae maxime. Voluptatem animi iure voluptatum. Molestias omnis aut aut aperiam mollitia.

Qui sit incidunt mollitia maxime sit. Est libero molestias sapiente neque qui aut beatae. Suscipit distinctio dolorem animi. Aliquam accusantium accusamus cum voluptate distinctio sapiente occaecati officiis. Qui quae veritatis neque inventore maxime officia expedita et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

June 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

June 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

June 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (101) $227
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (590) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (347) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1052) $87
  • Intern/Summer Associate (191) $83
  • Intern/Summer Analyst (553) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”