That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. But theres no single answer to the question of what a Bain salary is, of course. Contact:sbutcher@efinancialcareers.comin the first instance. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. 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. 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. Some receive only 10% of the potential payout. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Our Bain Online Test article will show you everything related to the test, what youll be asked and what you do to prepare for it. Bain & Company Salaries trends. Employees maintain this role for 6-24 months before rising to the level of Consultant. Average salary for Bain & Company It Consultant in Crawley: 27,037. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Management Consultant. 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. 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. Participating in these programs will help you build connections and increase the likelihood of receiving an interview. Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. ), and one-time work-from-home bonuses have become more common. It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. Find out what salary you could earn at Bain & Company after an MBA or masters degree. MBA hires at Bain get PTO vacation of 25 days per year. There is some polarity when it comes to work-life balance. Lets compare the entry level salaries between both countries. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. Find Jobs ETR: Careers. 7 Contract Data visualisation jobs in Sabines Green on CWJobs. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. agree, these aren't close to the actual salaries you earn (particularly at the senior levels). 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. Baindidn't break out its U.K. headcount in its report, but the company employs 12,000 people globally, around 1,200of whom are listed on LinkedIn as working in the UK. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. 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. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. 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. Entdecken Personen E-Learning . Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. f you want to work for thetop three consulting firmsthen theres not much in it. What is the S.T.A.R. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The exact size of this payment is driven by the role and distance of the relocation. If you are overcoming hardships, we wanna help! 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. Bain salary progression is quite steep relative to the corporate world. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). However, if you have a good rationale for requesting a sign-on bonus you should ask. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. 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. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. bain consultant salary uk. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. But compensation is competitive from the beginning. Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst 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, 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. 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. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. In 2021, all three BBM firms were only paying $90k salaries. The salary trajectory of a Consultant ranges between locations and employers. 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. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Extraordinary Outcomes. How much do consultants at McKinsey, BCG, and Bain make (in USD)? If there is any room for negotiation it will be with the sign-on bonus. 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. "Andrea Orcel is an excellent banker but his pay rise is extreme". 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. A comprehensive guide to Bain & Company Salary in 2020! 2023 eFinancialCareers - All rights reserved, The 2021 salary report from industry coaching firm. Bain recruits MBA and masters level consultants from top US business schools including Harvard, Wharton, and Stanford as well as schools outside the US like INSEAD, HEC Paris, and London Business School. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Zurich, Switzerland . 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. This is comparatively high compared to graduate salaries in most other fields. Read Jonathan Paul's full story! 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 aren't remotely accurate and aren't even the correct job titles. Learn more Apply Now The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. Holy crap. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. In terms of living costs and compared to the average salaries, countries like Germany come out on top. 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. Invalid empty value or special character. Jonathan Paul, Associate Consultant #atBain Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Required fields are marked *. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. 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. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Consultant $202K. It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! McKinsey and BCG pay 90,000 and 93,000 respectively. Salary 28.00ph - 38.00ph +holiday pay . Associate Consultant $118K. And find the best graduate job opportunities on Bright Network. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. What does it take to be a Bain management consultant? There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Salary negotiation is highly unlikely at these levels. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Contribute Manager We offer exciting career opportunities in a broad array of fields. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Read Jonathan Paul's full story! 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. 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. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. It's a very interesting job which gives strong basics to problem solving and data analysis, but this often comes with big cons, such as continuous travel and a not-ideal work-life balance. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Salary also varies by location, and there can be stark differences from one country to the next. Thats not to mention all the add-ons. Bain just increased paternal leaves (all genders) to 21 weeks. To help you make the decision, here are some factors to consider: Salary Professional growth opportunities Exit opportunities Type of work/industry focus Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. 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. To improve your skills in all areas of the interview, check out our targeted offers below. Strategy consulting firms spent a lot on pay. This is a breakdown of management consulting salaries in 2022. The community relies on everyone sharing. Though the full bonus isnt guaranteed. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. If this is accepted, do not expect more than a few percents of your base salary, but you should also be ready for your request to be declined. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. If you are thinking of applying to McKinsey, BCG or Bain, make sure to sign up to our newsletter and receive free interview prep material in your inbox. Have a confidential story, tip, or comment youd like to share? 715 salaries for 117 jobs at Bain & Company in Hurst, England. Deloitte Consulting in the UK pays its consultants 91,000. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Posted 02 Mar 2023. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Its on the level of McKinsey or an Ivy League education. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. Apply Today. Yet, top performers can rise to $220,000 at the high end. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. 0 28 emails packed with tips. Related Searches:All Consultant Salaries|All Bain & Company Salaries. Know Your Worth. Bain & Company Salaries How much do Bain & Company employees make? Based on 1 salaries posted anonymously by Bain & Company Consulting Practice Manager employees in Maldon, England. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. There is also some variance over the size of relocation packages, with Bain being the most generous. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. Find thousands of job opportunities by signing up to eFinancialCareers today. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. 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. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? 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 salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. 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). shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. out of network benefits, fertility benefits, best - culture is that people take their vacation. 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. Any update on the Mck comp. Master's-level graduates get offered around $112,000 in base salary at Bain. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. They are slightly higher for 2020. Bain promotes top performers faster and rewards them better than at other firms. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate.
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