View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . Know Your Worth. Bain & Company Qa Consultant Salaries in Maldon | Glassdoor Bain only hires motivated, intelligent, creative, and highly competent people. Boston Consulting Group (BCG) Total compensation: up to US$206,250 An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. 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,. Average Bain & Company Inc. Salary in United Kingdom | PayScale That aims to maximize the chance of entering stage 2. Learn about the award and see why employees love working at Bain. Participating in these programs will help you build connections and increase the likelihood of receiving an interview. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. The pension funds can also be managed by McKinseys internal hedge fund, which has a great performance track record and includes investment vehicles not typically accessible to the general public. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). 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). When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. The community relies on everyone sharing. Learn how much management consultants make based on the firm and their experience level. To improve your skills in all areas of the interview, check out our targeted offers below. Overall, if you want to work for thetop three consulting firmsthen theres not much in it. Bain & Company Salaries trends. 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. 73% of these revenues were spent on pay. 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. BCG held its retirement contribution a $10,312, after a big hike in 2019 while Bain has kept its contribution steady at $8k. Master's-level graduates get offered around $112,000 in base salary at Bain. Management Consulting Salaries (2023) - Case Interview 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. How to Break into Consulting with a PhD or Advanced Degree These employees in the US earned an average base salary of $165,000 a year. I was going to help people solve problems. 2022 MConsultingPrep | Intellectual Property protected by DMCA. Bain & Company hiring Specialist, Consulting Programs in London Access all the online resources you need for success in your case and fit interviews. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Bain just increased paternal leaves (all genders) to 21 weeks. The figures are drawn from Management Consulted. The most effective case book has arrived! 28 emails packed with tips. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. The estimated base pay is $159,610 per year. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Average salary for Bain & Company Consultant I in Crete: US$192,000. Signing bonuses across all three firms remain at $30,000. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Your input helps Glassdoor refine our pay estimates over time. There is some flexibility to this schedule in comparison with some other top consulting firms. Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. While MBB firms froze salaries, they offered other perks, and there are some differences here. 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. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Hence, the maximum bonusis given only tothe few % of consultants with a perfect rating, whereas the majority receives around 40 to 60% of the maximum amount. Contact: sbutcher@efinancialcareers.com, Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 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. Key factors include education/certification, work experience & seniority, and each employees personal profile. Each promotion to a higher level will also coincide with a salary leap. 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. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. MBA hires at Bain get PTO vacation of 25 days per year. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, 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 2021 salary report from industry coaching firmManagement Consulted shows that salaries at the top three firms McKinsey,Bainand Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. How much do consultants at McKinsey, BCG, and Bain make (in USD)? The estimated total pay for a Consultant at Bain & Company is $245,538 per year. 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. Lets take a look at how the Bain consultant salary varies by role. Salary also varies by location, and there can be stark differences from one country to the next. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. To help you make the decision, here are some factors to consider: Salary Professional growth opportunities Exit opportunities Type of work/industry focus 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. Download resume templates and watch in-depth, step-by-step resume advice videos. Eventually it will unless its offensive or libelous (in which case it wont.). For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. 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). The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. The Bain salary in other countries varies for obvious reasons. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. How much do Bain & Company employees make? BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Bain & Company Salary (2020) | MConsultingPrep This is a breakdown of management consulting salaries in 2022. Competition for talent is high, and it has driven salaries up. Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. Consulting also has a fast career progression and meritocratic pay, which means that top performers stand to gain a high sum in a comparatively short period of time. Related Searches:All Consultant Salaries|All Bain & Company Salaries. 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. Consultant $202K. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Management Consulting Salary At 12 Top Firms (2020 Update) 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. Accounts recently filed by Bain & Co. Inc.for the year ending December 2020 show that Bain's UK entity earned243m($327m) in revenues last year, up from 198m in 2019. 38 Bain And Company Jobs in India - LinkedIn There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. 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. 73% of these revenues were spent on pay. The median compensation package totals $185K. 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). Bain & Company Consultant Salaries | Glassdoor Their salaries typically start at 55,000 and can be as high as 65,000. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Management Consultant. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 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. They are very generous with top performers towards the top percentage of the cohort, so the average total compensation over a typical three year period may be higher for top performers at Bain versus other firms. Bain & Company 4 years Consultant Dec 2022 - Present4 months London, England, United Kingdom Private Equity Group Senior Associate Consultant Nov 2021 - Dec 20221 year 2 months Dubai, United. What does it take to be a Bain management consultant? technique - and why do banks like it? We even created Excel templates and PowerPoint presentations. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Jonathan Paul, Associate Consultant #atBain 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Consultant Bain & Company Mrz 2023-Heute1 Monat Zurich, Switzerland Seed Investor Xinterra Jan. 2022-Heute1 Jahr 3 Monate Singapore Xinterra's purpose is to create materials faster and more. To apply for jobs at Bain, you'll need to submit the following items, plus any requirements specific to the office youre applying for: resume/CV; educational background information; work experience; relevant test scores. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? This is comparatively high compared to graduate salaries in most other fields. Lets compare the entry level salaries between both countries. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Find thousands of job opportunities by signing up to eFinancialCareers today. Across 64 cities in 39 countries, we work alongside our clients as one team with a. 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 Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Get a free, personalized salary estimate based on today's job market. All of those can add up to a nice sum, making competition for these roles extremely competitive. 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. They are slightly higher for 2020. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. ), and one-time work-from-home bonuses have become more common. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. The community relies on everyone sharing. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers McKinsey, Bain, BCG Increase MBA Consulting Salaries For 2023 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. Bain & Company Management Consultant Salaries in Maldon, England A Bain consultant salary is one of the most competitive in the management consulting industry. And the Brain brand is very strong. Download our full salary and bonus survey here. 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. These numbers are just starting salaries. 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. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Though the full bonus isnt guaranteed. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. McKinsey does pay less than other firms at the lowest entry-level, but beyond that, the differences with other firms are not large enough to be meaningful. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. But theres no single answer to the question of what a Bain salary is, of course. Salary 28.00ph - 38.00ph +holiday pay . Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Bain & Company - Associate Consultant Athens 2023 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. Find out what salary you could earn at Bain & Company after an MBA or masters degree. 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;. Pay scales for consultants in England - British Medical Association But an increasing number of boutique firms are appearing on the stage with traditional players. Bain & Company Salaries in London, United Kingdom | Glassdoor Contact:sbutcher@efinancialcareers.comin the first instance. Join 90,000+ on the #1 consulting prep channel!
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