Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. There is some polarity when it comes to work-life balance. 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. Bain & Company - LinkedIn This article is updated annually. Bain Associate Consultants in the US can make up to $242,000 each year, with $175,000 from base salary, $37,000 from bonuses, and $30,000 from shared profits. 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 & Company Salaries trends. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. The figures are drawn from Management Consulted. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Pay scales for consultants in England - British Medical Association In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Competition for talent is high, and it has driven salaries up. Data Modeller and Strategy Consultant - cwjobs.co.uk Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. McKinsey vs BCG vs Bain vs Big 4 (Deloitte, EY, KPMG - MBA Crystal Ball Find Jobs ETR: Careers. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Are you an impact player? The Bain salary in other countries varies for obvious reasons. Some related job titles areEntry Level Consultant salaries with median pay of $50,394,Senior Consultant salaries with median pay of $123,519,Associate Consultant salaries with median pay of $89,060,Business Analyst salaries with median pay of $82,032. 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 | But compensation is competitive from the beginning. Well tell you how much you can expect as an entry-level employee. Bain salary progression is quite steep relative to the corporate world. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Find out what salary you could earn at Bain & Company after an MBA or masters degree. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. 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. If there is any room for negotiation it will be with the sign-on bonus. The salary growth itself is steep as you get promoted. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. 2022 MConsultingPrep | Intellectual Property protected by DMCA. . Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Access all the online resources you need for success in your case and fit interviews. 2021-Apr. Average salary for Bain & Company It Consultant in Crawley: 27,037. EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk Extraordinary Outcomes. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. There is also some variance over the size of relocation packages, with Bain being the most generous. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Eventually it will unless its offensive or libelous (in which case it wont. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. Why consulting? There is some flexibility to this schedule in comparison with some other top consulting firms. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. The average salary for a Consultant is $70,432 per year in United States, which is 71% lower than the average Bain & Company salary of $245,538 per year for this job. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. f you want to work for thetop three consulting firmsthen theres not much in it. Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. Bain Consultant salary (MBA/Experienced-level) Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000) Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000) Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000) Retirement: 401k contribution up to $8,000 (UK: 10,000) Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Average salary for Bain & Company Management Consultant in Maldon: 96,081. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. Being a shareholder in the partnership obviously comes with benefits on their own. technique - and why do banks like it? .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. How much do Bain & Company employees make? Contact:sbutcher@efinancialcareers.comin the first instance. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. He started StrategyCase.com with the goal to make top-tier consulting firms more accessible for top talent, using tailored and up-to-date know-how about their recruiting. At the time, I wondered why other companies hadnt thought of this genius business strategy. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Sabine Neuhaus - Consultant - Bain & Company | LinkedIn The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. From here, two years reflects the average amount of time spent in each level before employees climb to each of the following ranks: Manager, Principal, and finally Partner. Master's-level graduates get offered around $112,000 in base salary at Bain. Private Equity / VC Jobs verfgbar bei eFinancialCareers. You will see that consulting salaries increase by ~30% year-on-year over ten years with a comparably faster increase in the first three years followed by a sharp increase between the role of Associate Partner and Partner. Two-to-three years out of an MBA program, Bain manager salary prospects are around $220-to-$240,000 in base salary and $100-to-$140,000 in bonuses. The estimated additional pay is $85,928 per year. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. ), 2023 eFinancialCareers - All rights reserved. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. 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. The salaries and compensation structure at McKinsey, BCG, and Bain (MBB) or at Tier 2 consultancies, or Big 4 such as PWC careers are relatively rigid with very little room for negotiation. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. Salary negotiation is highly unlikely at these levels. Learn more Apply Now 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. Yet, top performers can rise to $220,000 at the high end. Averages based on self-reported salaries. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! technique - and why do banks like it? In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Download resume templates and watch in-depth, step-by-step resume advice videos. Contribute Manager The community relies on everyone sharing. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn These include: performance bonuses of up to $22,500, a housing allowance up to $5,000, a relocation bonus up to $5,000, 4.5% salary contributions into a 401k, and a signing bonus up to $5,000. Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. At this level, youre expected to leverage your professional network to bring in clients. My path to Bain has been interesting. What is the S.T.A.R. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. 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 guide to pay at Bain, McKinsey, BCG and the Big Four Consultant Salary UK - Management Consulted Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Salary also varies by location, and there can be stark differences from one country to the next. Bain & Company Management Consultant Salaries in Maldon, England He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . Required fields are marked *. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. These are the 13 Consulting Firms Paying MBAs More than US$200,000 a Bonuses are typically based on individual performance at McKinsey, BCG, and Bain unless the consultant has only been at the firm for less than a year, in which case a standard amount if given to everyone at this level. Bain & Company Salaries in Hurst, England | Glassdoor However, top partners can make $1M+ or more comp at this level is variable, with the biggest factor being the amount of work you sell. Youll build a powerful network in the process. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. And the Brain brand is very strong. What is average salary increase yearly in top consulting firms? 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. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Some receive only 10% of the potential payout. The exact size of this payment is driven by the role and distance of the relocation. Here's how much you'll make at McKinsey, Bain and BCG in the U.S. - UK
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