Consulting Signing Bonuses: How Much Do McKinsey, BCG & Bain Offer?
Management consultant salary isn’t the only financial incentive for new hires—signing bonuses play a major role in total compensation. Consulting firms offer generous upfront bonuses to attract top talent, with MBA and Ph.D. graduates receiving the highest amounts, often reaching $30,000 or more. Undergraduate and master’s degree hires also benefit from signing incentives, though at a lower scale. These bonuses help offset relocation costs and make the transition into consulting more appealing. While signing bonuses vary by firm and office location, they remain a key part of the lucrative compensation packages in consulting.
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