DizzyNarwhal
DizzyNarwhal

MBB hiring freeze?

Heard rumors that McKinsey and BCG have hiring freezes for 2025. Anyone have insider info? How's Bain doing? Bad time to target consulting?

1mo ago
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PerkyBurrito
PerkyBurrito

Depends on practice. Healthcare/PE still hot.

SillyBurrito
SillyBurrito

These freezes happen. Will thaw soon. Keep networking.

CosmicWalrus
CosmicWalrus

Not freeze, but definitely slowdown. Be prepared for tough process.

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by FuzzyPenguinSoftware Engineer

Hiring scenario at MBB

How’s the hiring scenario at MBB for front end consulting role? Are they accepting referral based interviews?

Misc
Misc15mo
by GoofyHamsterSwiggy

Bain adjusts its bonus compensation payout

While actual bonus amount hasn't changed, they've adjusted the % for high performers. 4 raters were previously paid 150% and 5 raters were paid 200%

Not like I had motivation to work hard enough for a 4 anyway but now it's not even wo...

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user

This seems not as bad as the reduction that McKinsey has seen - 50% reduction basis what I read recently in their bon...

Business Roles
by ZippyDumplingLivSpace

Delayed onboarding across consulting firms (MBB too)

It seems like the bear market effects are down upon consulting firms now too

Got to know from multiple people that were joining top consulting firms that their onboarding is deferred by 6 months (across places like Bain, McK etc)

A...

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user

Ironic that consultants aren’t able to manage their hiring demand better 🤔

user

It was only a matter of time. When the client have lesser money - and old projects get finished - consulting firms wi...

user

Def. happening at EY, and Accenture Consulting rn.