Thoughts on BCG Platinion?
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Morale at McKinsey feels like it’s at an all-time low. Ongoing layoffs have gutted internal teams, leaving those who remain fully checked out. Senior leadership seems totally disconnected, asking for updates from teams that were eliminated months ago. Consultants are more stretched than ever, leaving less time to develop the judgment, client skills, and problem solving that once defined the firm. This place is quickly becoming a relic of the past
I moved to chicago for a job in 2022. The cook county minimum wage has increased from $13.35 to $15.40 from 2022 to 2026. I started at $140k as a senior associate consultant. Just to cover the rate of inflation, which is how cook county calculates the minimum wage increases, I should be at $161.5k. I was at $158k before finally getting promoted to engagement manager, which was only an 8.3% pay raise. So I’ve been working my ass off to not even keep up with inflation. Thoughts?
Seems like a great group of people. From what I heard, you’re just treated as part of the regular BCG project team, not like a second class citizen. However, I declined an offer there since the big con is you can’t become an equity partner. Because of this, to me, it’s kind of the worst of both worlds. You get paid less and also don’t have the partner carrot as a motivator but are still part of the project team working the same brutal hours. So ultimately, you get the normal BCG experience (with a little less comp) and still solid exits but have a lower ceiling internally.
Thanks, that’s helpful
Interested in this
Me too
What do you want to know? What do you do? What do you want to do?
Not any more. It’s changing right now thru a bit of a reorg of digital capabilities. Path to partner was part of announcement. Details being ironed out thru Q4.
I like it 🤷🏼♂️