- McKinsey & Co. and Boston Consulting Group increased starting salaries for their new US hires for the first time since 2022.
- Pay for first-year recruits without a master’s degree in business administration will jump to $120,000 starting next year, and those with an MBA will be paid $200,000.
- The increases show the industry’s confidence in its outlook, according to Namaan Mian, chief operating officer of Management Consulted.
Takeaways:
- McKinsey & Co. and Boston Consulting Group increased starting salaries for their new US hires for the first time since 2022.
- Pay for first-year recruits without a master’s degree in business administration will jump to $120,000 starting next year, and those with an MBA will be paid $200,000.
- The increases show the industry’s confidence in its outlook, according to Namaan Mian, chief operating officer of Management Consulted.
(What valuable signal does this provide us?)