The salary growth itself is steep as you get promoted. Any update on the Mck comp. Anonymously share your salary to help the community, Averages based on self-reported salaries. Salary also varies by location, and there can be stark differences from one country to the next. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. The average Bain & Company salary ranges from approximately 38,105 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Get started with your Free Employer Profile, OTC Equity Derivatives Client Relationship Manager, Consultant salaries - 173 salaries reported, Associate Consultant salaries - 147 salaries reported, Senior Associate Consultant salaries - 60 salaries reported, Senior Consultant salaries - 30 salaries reported, Senior Manager salaries - 20 salaries reported, Case Team Leader salaries - 13 salaries reported, Executive Assistant salaries - 11 salaries reported, Senior Specialist salaries - 10 salaries reported, Senior Associate salaries - 7 salaries reported, Specialist salaries - 7 salaries reported, Associate Partner salaries - 6 salaries reported, Bain Associate Consultant salaries - 6 salaries reported, Manager Assistant salaries - 6 salaries reported, Management Consultant salaries - 5 salaries reported. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Consultant is $70,432 per year in United States, The Ultimate Job Interview Preparation Guide. Contribute Manager But compensation is competitive from the beginning. Average salary for Bain & Company Consultant I in Crete: US$192,000. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. At McKinsey, the figure remains at $45,000. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? 73% of these revenues were spent on pay. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Well also take a look at the nature of the career path at Bain, as well as employee reviews. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Closes 30 Mar 2023 Ref HW/15450 Job Title EA. Bain salary progression is quite steep relative to the corporate world. The community relies on everyone sharing. And the Brain brand is very strong. Its also possible to get a relocation bonus of $8,000 if youre coming from under 400 miles away and $16,000 if youre coming from more than 400 miles away. If youre considering a career in management consulting, especially at a top firm like Bain and Company, youve probably been attracted to the competitive salaries offered in this field. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. A comprehensive guide to Bain & Company Salary in 2020! How much do Bain & Company employees make? McKinsey which offers the biggest total comp package for those who hit the top performance bonus of $30,000, provides up to $10,000 in relocation expenses and 19 days PTO per year. Required fields are marked *. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Salary discussions are very important for most applicants at McKinsey, the Boston Consulting Group (BCG), and Bain after having invested significant amounts of money and time into their prestigious education. To improve your skills in all areas of the interview, check out our targeted offers below. Specialist, Consulting Programs. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. Bain & Company Bain & Company/Facebook Potential total compensation: up to $216,250 Signing bonus: $30,000 (UK, 15,000, Switzerland: CHF 35,000) Relocation: $8,000 for under 400 miles;. At Bain, we champion the bold to achieve the extraordinary. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. The community relies on everyone sharing. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Thats not to mention all the add-ons. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. PwC UK pays Consultants a nice 85,000/year. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Managers at Bain design and oversee projects for clients. If you are overcoming hardships, we wanna help! "Andrea Orcel is an excellent banker but his pay rise is extreme". Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . Have a confidential story, tip, or comment youd like to share? Total Pay 52,271/yr Base Pay 8,401/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Manager Assistant 41,916/yr Avg. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. They will usually remain at that level for up to two years. New hires can expect relocation support payments between USD 2k and 10k. Business school grads turned Bain consultants interviewed by BusinessBecause have praised Bains exciting work culture, but say work-life balance can be challenging: Michele Valente, HKUST Business School MBA: Find out if consulting is what you really want to do. Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. Entdecken Personen E-Learning . Signing bonuses across all three firms remain at $30,000. McKinsey interviews (2023): the comprehensive insider guide, How to interpret charts and data in case interviews, McKinsey Personal Experience Interview: comprehensive insider guide, Case interview examples (2023): a collection from McKinsey and others, McKinsey Solve Game (2023): How to prepare and ace the Imbellus, 2023 | Contact: +43 6706059449 | Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. 2021 local clinical excellence awards (LCEAs) The single unit for awards granted between 1 April 2018 and 31 March 2022 is now valued at 3,092. Associate Consultant $118K. What does it take to be a Bain management consultant? Additional pay could include bonus, stock, commission, profit sharing or tips. Help make it more accurate by adding yours. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. Bain's consultant salary in the UK is the highest out of the three at 97,000. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. How to Write Effective Consulting Resumes and Cover Letters, free interview prep material in your inbox, Sign-up to MBB Case Interview Prep Course. Read more about Consulting Salaries For MBA & Masters Graduates. Greenwich Partners, London, Vereinigtes Knigreich Job: Bewerben Sie sich fr Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, Vereinigtes Knigreich. What is the S.T.A.R. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. Your input helps Glassdoor refine our pay estimates over time. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Posted 02 Mar 2023. There is also some variance over the size of relocation packages, with Bain being the most generous. If there is any room for negotiation it will be with the sign-on bonus. Holy crap. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. The average Bain & Company salary ranges from approximately $38,943 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. My path to Bain has been interesting. out of network benefits, fertility benefits, best - culture is that people take their vacation. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. Their salaries typically start at 55,000 and can be as high as 65,000. Accounts recently filed by Bain & Co. Inc. for the year ending December 2020 show that Bain's UK entity earned 243m ($327m) in revenues last year, up from 198m in 2019. The median compensation package totals $185K. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. After two years as a Consultant, employees who remain with the company and perform well are promoted to Case Team Leader for another two years. MBA hires at Bain get PTO vacation of 25 days per year. technique - and why do banks like it? A Bain associate principal salary sits at around $275-to-$350,000, while Bain partner salary prospects start at around $375,000 and go up to $500-to-$700,000 for a senior partner with potential bonuses of over $500,000. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. However, if you have a good rationale for requesting a sign-on bonus you should ask. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. We can help you get your desired MBB consulting offer. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Bain Associate Consultant Salary in 8 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). Learn how much management consultants make based on the firm and their experience level. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Finally, the competition for top talent in the US is more pronounced, as Bain competes with Silicon Valley, Wall Street, and other top consulting firms to keep its talent pipeline full. Total Pay Range Consultant 167 Salaries submitted 112,914 95,729 | 22,406 96K - 125K Associate Consultant 144 Salaries submitted 58,000 52,668 | 7,778 54K 64K Senior Associate Consultant 57 Salaries submitted 76,736 65,469 | 12,000 70K 81K Add your salary. Industry Sector . Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. The figures are drawn from Management Consulted. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Junior partners or non-equity partners would make USD ~350k and young partners start at around USD 700k per year, both with more than 50% of their salary being variable based on a combination of their performance and their firms performance. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Adjustment?McKinsey & Company Bain & Company Boston Consulting Group, Rare to see folks who worked at both firms, but would appreciate comparison around opportunities (across practice areas), top end compensation and exits in McKinsey and Bain, India. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. bain consultant salary uk. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. The estimated additional pay is $85,928 per year. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. bain consultant salary uk 2021 . He ranks as the most successful consulting case and fit interview coach, generating more than 420 offers with MBB, tier-2 firms, Big 4 consulting divisions, in-house consultancies, and boutique firms through direct coaching of his clients over the last 3 years. What is the S.T.A.R. While MBB firms froze salaries, they offered other perks, and there are some differences here. The salary figures in this article are for those joining management consulting positions in 2023. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Are you an impact player? From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. 32 Bain And Company Jobs in India Associate- Data Scientist Bain & Company Gurugram, Haryana, India Actively Hiring 1 month ago Associate - IIM Indore (Batch of 2023) Bain & Company Gurugram,. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc.
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