out of network benefits, fertility benefits, best - culture is that people take their vacation. Specialist, Consulting Programs. If there is any room for negotiation it will be with the sign-on bonus. The most effective case book has arrived! However, if you have a good rationale for requesting a sign-on bonus you should ask. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . 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). Bain & Co. consultants earn a lot less than bankers - eFinancialCareers There is some flexibility to this schedule in comparison with some other top consulting firms. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000.This incredibly high salary is one of the main attractions of Bain, as with any other top consulting firm. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Basic salaries at top firms For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from 40,000 and can be as high as 45,000. If you are overcoming hardships, we wanna help! Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total compensation for the second year running. 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. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain Associate Consultant 52,271/yr Avg. Forbidden characters: \. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. FlashFash). Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher), Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Bain and Company Consultant Salaries | Glassdoor Get a free, personalized salary estimate based on today's job market. Averages based on self-reported salaries. These are the 13 Consulting Firms Paying MBAs More than US$200,000 a How much do consultants at McKinsey, BCG, and Bain make (in USD)? 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. The salary trajectory of a Consultant ranges between locations and employers. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. 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. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Thats not to mention all the add-ons. Jonathan Paul, Associate Consultant #atBain Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. EA to C-Suite in Temporary, Fintech, EA with Bain and Gray. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. This is comparatively high compared to graduate salaries in most other fields. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. There is also some variance over the size of relocation packages, with Bain being the most generous. Bain & Company Management Consultant Salaries in Maldon, England Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. We even created Excel templates and PowerPoint presentations. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Were excited to share that weve ranked #1 on Glassdoors Best Places to Work UK list and #3 on Glassdoors Best Places to Work U.S. list! Bain Consultant Salary | The Consulting Industry & Prep Experts Industry Sector . Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. bain consultant salary uk Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. 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 Salaries | Levels.fyi Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. At Bain, we champion the bold to achieve the extraordinary. Lets take a look at how the Bain consultant salary varies by role. Their salaries typically start at 55,000 and can be as high as 65,000. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Bain vs McKinsey ?? which is the better place to start? 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 consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Posted 02 Mar 2023. 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. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. Here, consulting firms pay a significant premium over industry roles available to recent graduates, whereas UK consulting salaries are relatively low considering the high living cost of London. But theres no single answer to the question of what a Bain salary is, of course. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East London business district of Canary Wharf. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Bain promotes top performers faster and rewards them better than at other firms. At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to $230,000 (bonuses and profit sharing included). Find thousands of job opportunities by signing up to eFinancialCareers today. 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. What is the S.T.A.R. This is confirmed by the latest Harvard MBA employment report, which puts salaries for Harvard MBAs going into consulting at $165k for 2021, the same as one year previously. Salary: Bain Strategy Consultant in London, UK 2023 Across 64 cities in 39 countries, we work alongside our clients as one team with a. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. 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. The article did not discuss the specific tiles that each of the three firms uses. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. While the data has been validated with our applicants that received offers and triangulated with various sources, please be aware that consulting salaries are not an exact science and specific components can change relatively quickly for firms to stay competitive and usually increase every recruiting season. Contribute Manager We are a global consulting firm working with the worlds leading businesses to.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Masters-level graduates get offered around $112,000 in base salary at Bain. The community relies on everyone sharing. Yet, top performers can rise to $220,000 at the high end. Strategy consulting firms spent a lot on pay. All of those can add up to a nice sum, making competition for these roles extremely competitive. Each promotion to a higher level will also coincide with a salary leap. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The exact size of this payment is driven by the role and distance of the relocation. 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. How to Break into Consulting with a PhD or Advanced Degree 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. Bain & Company 3 years 8 months Consultant Mar 2023 - Present1 month Denver, Colorado, United States Senior Associate Consultant Jun 2022 - Mar 202310 months Denver, Colorado, United States -. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. Associate Consultant $118K. Learn about the award and see why employees love working at Bain. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. Well also take a look at the nature of the career path at Bain, as well as employee reviews. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. The cost of living also balances things a bit, as cost of living in the UK is 7% cheaper, with rents in particular 30% cheaper than they are in the US. Zurich, Switzerland . Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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) But if you work for one, you'll earn a lot less on average than if you work for an investment bank. 38 Bain And Company Jobs in India - LinkedIn Overall, our data shows that there isnt much difference in compensation between firms. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. However, still more employees claim that this is at best a dream for most employees, who often struggle to maintain this balance in actual practice. 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. 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. Average salary for Bain & Company Consultant I in Crete: US$192,000. Management Consultant Salary UK 2023| PrepLounge.com During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. ), 2023 eFinancialCareers - All rights reserved. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. We offer exciting career opportunities in a broad array of fields. Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. Looking for the best preparation to ace your case interviews? Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Management Consulting Salaries (2023) - Case Interview Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. As well as Bain consultant salary benefits, careers at Bain come with many perks. How much do Bain & Company employees make? 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. A comprehensive guide to Bain & Company Salary in 2020! Also, certain employees will earn a different actual base for a variety of reasons. Apply today for the Associate Consultant Athens 2023 with Bain & Company. Average salaries for Bain and Company Consultant: [salary]. Some firms offer this as part of their standard package, while others dont. Meet Shah - Associate Consultant - Bain & Company | LinkedIn 0 Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. We are a global consulting firm working with the worlds leading businesses to.css-epvm6{white-space:nowrap;} More, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Bain's consultant salary in the UK is the highest out of the three at 97,000. Have a confidential story, tip, or comment youd like to share? This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. But compensation is competitive from the beginning. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company.
