McKinsey is rethinking its pay structure because clients are no longer paying for hours, but…
TIMESOFINDIA.COM / May 16, 2026, 09:31 (IST)
McKinsey is overhauling partner pay under a plan codenamed Project Acorn, shifting more take-home from cash into equity as clients move away from hourly billing toward outcome-based fees, the Financial Times reported. The revamp shores up the firm's capital, simplifies a tangled payout system, and prepares partners for an AI-driven consulting industry where results, not billable hours, increasingly decide what gets paid.