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McKinsey, BCG and Bain raise starting salaries for the first time since 2022

FinanceInternationalExpansión35 s readAI summary
Image: Expansión

Leading consulting firms raised starting salaries in the United States for the first time since 2022, amid tougher competition with tech companies and AI labs for new graduates. McKinsey, BCG and Bain increased base pay by between 4% and 9%, according to Management Consulted. From next year the three firms will pay $120,000 to university graduates and $200,000 to MBA holders. The sector expects growth of 5% to 7% in the coming years.

In 35 seconds

  • McKinsey, BCG and Bain raised base salaries for new US employees by 4% to 9%, after three years of freezes.
  • From next year the three firms will pay $120,000 to university graduates and $200,000 to MBA holders.
  • The largest increase goes to BCG, which trailed McKinsey and Bain on starting pay.
Read the full story at Expansión

IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.

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