How busy are McKinsey partners?
Asked by: Braeden Beier | Last update: December 15, 2025Score: 4.5/5 (18 votes)
In fact, at McKinsey, most consultants work 60-80 hours per week. When a consultant is under pressure from the project and the manager, that consultant might even have to work 90-100 hours a week.
How many hours do McKinsey partners work?
On a very high level, a rough average of all the Partners I met in almost 5 years in McKinsey, they'd work from 9 to 9 (12h) every day, with a potentially shorter day on Friday. However, there is a significant variability here. Here are some of the factors (among others):
What is the 80/20 rule at McKinsey?
The 80/20 Principle, also known as the Pareto Principle, states that 80% of results come from 20% of the effort. This principle, first identified by Italian economist Vilfredo Pareto, can be applied in a variety of ways to improve efficiency and increase productivity.
How much does a partner at McKinsey make?
Total salary range for McKinsey & Company Partner
The estimated total pay range for a Partner at McKinsey & Company is $438K–$706K per year, which includes base salary and additional pay. The average Partner base salary at McKinsey & Company is $321K per year.
What is the McKinsey 3 rule?
Breaking down your argument into 3 reasons gets their attention, allows them to quickly process and later remember the key soundbytes from your argument. You are forced to choose the 3 most important reasons. If your audience is only going to remember 3 reasons anyway, present them with the 3 most important reasons.
Partners at McKinsey, BCG & Bain - How smart are they?
What is the 70/20/10 rule at McKinsey?
One is the “70/20/10 rule,” which says that 70 percent of innovation efforts should be aimed at the core, 20 percent at adjacent step-outs, and 10 percent at breakthrough innovation.
How long does the average person stay at McKinsey?
The typical length of time for consultants to stay at top firms like McKinsey, BCG or Bain is two to four years. Some statistics indicate that 2.7 years is the average length of time that a consultant works at a top management consulting firm before moving on.
What is the highest paid job in McKinsey?
The highest-paying job at McKinsey & Company is a Senior Partner with a salary of $568,059 per year (estimate). What is the lowest salary at McKinsey & Company? The lowest-paying job at McKinsey & Company is a Glass Cleaner with a salary of $35,087 per year (estimate).
What does a Goldman Sachs Partner make?
This is the top rank at GS, with exceptional pay and perks – a base salary of $950k, plus special investment opportunities and a cut of the firm's profits. And it's a famously competitive and rigorous process just to get through to the final vote. Get Morning Coffee ☕ in your inbox. Sign up here.
How many McKinsey partners are there?
McKinsey has roughly 45,000 employees around the globe and about 3,000 partners. As recently as 2021, McKinsey had about 30,000 employees.
How stressful is McKinsey?
McKinsey consultants are known to be amongst the hardest working in the consulting industry, which is saying a lot. If you're looking for a chill 40-hour workweek with no weekend work, McKinsey is not for you.
How much PTO do you get at McKinsey?
Like most companies, the amount of paid time-off McKinsey offers depends on how long you've been with the firm. In the first 2 years, you're entitled to 19 days of paid time off, which increases to 24 days after you've completed 2 years with the firm. This is in addition to 11 paid holiday days annually.
What is McKinsey signing bonus?
McKinsey: Base Salary: $83,000. Performance Bonus: $18,000 max. Signing Bonus: $5,000. Relocation Assistance: $2,000- $10,000.
Is it hard to make partner at McKinsey?
If you begin your career at McKinsey, you can expect to be elected to the first stage of a partnership in five to seven years. The greater your professional experience, the sooner you can reach this level. The most senior position at McKinsey, you might be elected director come seven years after you are made partner.
How much do McKinsey consultants sleep?
This means, on average, that consultant might only have 4-5 hours per day for “life” (excluding the sleeping hour, which can be only 4-5 hours a day too). Compared with an average worker who works 40 hours per week and maintains a good 6-8 hours of sleep daily, a consultant has much less time outside of work.
What does ctl mean at McKinsey?
At McKinsey, being “CTL'd”—short for “counseled to leave”—is a nuanced approach to handling underperformance. So, what does it mean to be CTL'd at McKinsey? Unlike traditional firings, being CTL'd means that the company recommends you start looking for new employment while still on the payroll.
Who is the youngest partner at Goldman Sachs?
Tenzin Partners on LinkedIn: Meet 35 year-old Feroz Khosla, the youngest Partner in Goldman Sachs'…
How much does a VP at Goldman Sachs earn?
Total salary range for Goldman Sachs Vice President
The estimated total pay range for a Vice President at Goldman Sachs is $215K–$325K per year, which includes base salary and additional pay. The average Vice President base salary at Goldman Sachs is $187K per year.
Who is the youngest member of Goldman's 2024 partner class?
Feroz Khosla, part of Goldman Sachs' financing group, was named a Goldman partner on Thursday. At 35 years old, Khosla is the youngest member of the firm's new class of partners for 2024. (Credit: Goldman Sachs) #goldmansachs #finance #careers. Congratulations 🎉👏!
What is a typical McKinsey salary?
McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.
Is McKinsey a prestigious job?
What Makes McKinsey Great? McKinsey is one of the most, if not the most, prestigious consulting firms in the world. McKinsey creates immeasurable value for its clients, influences how the business world operates, and produces many of the world's business and political leaders.
Which Big 3 consulting pays the most?
- McKinsey & Company is the last, and highest paying Big 3 MBB consulting firm on this list. ...
- Alvarez & Marsal is the top paying consulting firm in America, best known for its capital restructuring team that consistently lands some of the largest bankruptcy consulting deals year after year.
Why do people leave McKinsey?
So, a major reason why consultants exit consulting is that the lifestyle is becoming unsustainable – either because the professional aspiration or private circumstances change. After grinding for years, a lot of people just want to have a job with less hours – and by short we don't necessarily mean 9 to 5.
What is the retirement age for McKinsey?
Since the 1960s, McKinsey's managing director has been elected by a vote of senior directors to work up to three, three-year terms or until reaching the mandatory retirement age of 60.
What are the odds of getting hired at McKinsey?
While it's difficult to provide an exact acceptance rate for McKinsey job offers, it is estimated to be around 1-2% of applicants. However, the acceptance rate can vary significantly based on individual performance and the specific office and role being applied for.