McKinsey confirmed the acceptance, but would not comment on Clinton’s salary. A former recruiter for the firm says most new associates earn between $115,000 and $120,000, and usually net a signing bonus of $10,000.
As one of 5,000 consultants worldwide, Clinton will look forward to long hours, lots of travel and no bragging about the job. “It’s very secretive,” says the former recruiter. And selective. Average applicants have to be in the 99th percentile on all of their standardized test scores, have straight A’s in college. The firm even looks at a candidate’s SAT scores.
After three years of general consulting–say studying whether a Fortune 500 company should switch from selling apples to widgets–Chelsea will be able to specialize in anything from healthcare to consumer goods to corporate finance.
So now that the whole family is back in New York they’ll have plenty of time to spend with each other, right? “She’ll have no personal life whatsoever,” the former recruiter says.
