Offers & Career Decisions

Offers

Experienced Hire

Should an experienced hire expect a signing bonus in consulting?

I received an MBB offer in Europe without a signing bonus and had assumed these were standard. Are signing bonuses dependent on role and entry point, and is this something an experienced hire should try to negotiate?

Ian’s Answer

Europe 100% offering signing bonuses. However, it depends on your role+entry point.

If you're coming from an MBA, signing bonuses are pretty much automatic. Furthermore, if you're an experience hire (i.e. getting poached from another job) there should be a signing bonus attached.

I would very much advise you to attempt to negotiate a signing bonus. This can come in the form of the "excuse" of relocation costs, annual bonus from existing company, switching costs, etc. etc.

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