Bonuses and Benefits: How Business Analyst Salaries Are Boosted at McKinsey
The business analyst salary at McKinsey is significantly boosted by various bonuses and benefits. In addition to the base salary, business analysts can earn performance bonuses, typically ranging from 10-20% of their base pay, based on individual and team performance. Additionally, many business analysts receive sign-on bonuses, which can range from $5,000 to $20,000. Relocation assistance is another perk that can be as high as $10,000, helping cover moving expenses. These bonuses and benefits play a critical role in increasing the overall compensation package for business analysts.
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