Booz Allen Hamilton: An insider guide - Gymkhana

talent heating up, we expect salaries to rise more quickly than they have sincethe dotcom bust.” The government-sector positions pay less, compared toprivate-sector positions, which pay on the high side. In addition to base pay,many employees are eligible for a year-end bonus based on the employee’sperformance as well as the firm’s.Summer associates who return to the commercial sector after graduation frombusiness school may be reimbursed for their second year of tuition. Summerinternships at the MBA level pay a prorated amount based on the MBA startingsalary. Compensation packages for undergrads start at around $60,000, andsigning bonuses vary widely if offered at all. Relocation bonuses are based onneed. Commercial consultants are also eligible for year-end bonuses, and BoozAllen frequently offers tuition support to those who choose to get an MBA ifthey return to the firm after graduation.The WorkplaceIn addition, you’ll get to choose from a selection of health plans, and you’ll beeligible for paid parental leave, paid personal leave to meet specified personalcommitments, and several other resources to help you achieve work/lifebalance. In the United States, Booz Allen has a profit-sharing and savings plancalled the employee capital accumulation plan (ECAP). ECAP has two parts: a401(k) plan, in which staff can put up to 10 percent of salary, and profitsharing, in which each year the firm can contribute up to 10 percent of anemployee’s eligible compensation (and it’s often the full 10 percent) and 5.7percent of eligible compensation over the Social Security wage base (ifapplicable).50