Base: $152,500 Bonus: up to $35,000 Total cash (sum of above): up to $187,500 Retirement Contribution: 7% of qualified compensation (capped at $170,000) expected to increase to 12% after December 2018. Our office also sponsors other volunteering initiatives. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. In just a few months, we helped a food company pull itself out of the red and into the black after years of slumping sales and vanishing market share. Bain Associate Consultant salaries - 6 salaries reported: London, United Kingdom: 52,271 / yrManager Assistant salaries - 6 salaries reported: Find jobs. Nous sommes dsols pour la gne occasionne. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. Skip to Job Postings, Search. Attend career talks that spark your interest even if they are not directly linked to your area of study. The biggest factor in deciding which career to choose or firm to join is salary. Bookmark content that interests you and it will be saved here for you to read or share later. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Is total comp pretty even across the board and grades or does it diverge after consultant. We bring the full force of our talent, expertise and energy to build a more equitable, sustainable future for all. Deloitte Consulting in the UK pays its consultants 91,000. The lowest salary for a Strategy Consultant in London, United Kingdom is GBP39,515 per year. 715 salaries for 117 jobs at Bain & Company in Hurst, England. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. 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. Associate Consultant. Si continas viendo este mensaje, We are sorry for the inconvenience. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Total Pay 95,729/yr Base Pay 22,406/yr Additional Pay Based on 168 SalariesFull Pay Details See salaries from all locations Associate Consultant 58,000/yr Avg. Other specialists and strategy consulting firms such as Newton Europe and Oliver Wyman pay their graduates healthy starting salaries with pay beginning at around 40,000 in the first year. if you have any questions in the meantime. Audience: All students Location: Statler 185 Learn More Mar 06 Youll be surrounded by people who challenge, support and inspire youpersonally and professionally. Youll also have a home office program manager, a personal advocate who works to make sure your experience at Bain aligns with your personal and professional goals. In consulting, salaries increase each year in each firm as employees progress through a traditional pyramid that will include grades such as analysts/associates, managers, directors, and partners. We work with bold clients who want to define the future, not hide from it. The specific message is omitted in production builds to avoid leaking sensitive details. Our servers are powered by electricity from renewable sources. In 2020, Bain has committed to mentoring 50+ LGBTQ+ refugees in San Francisco, New York City, and London over the next three years in association with Tent. Contact us atGraduateRecruiting.London@Bain.com. Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. True North is our unswerving commitment to always do the right thing by our clients, our people and our communities. Learn more about the salary as a management consultant 2023! scusiamo se questo pu causarti degli inconvenienti. enviando un correo electrnico a How accurate does GBP56,452 look to you? Is it enough to practice by myself? Autem est dolores modi quia nisi aut consequatur. Nous sommes dsols pour la gne occasionne. Ranges for bases are similar for comparable positions, but they have fewer levels than we do. Onze Bain people are dynamic, entrepreneurial and thrive on early responsibility. Zurich, Switzerland . Stay ahead in a rapidly changing world. The USA is not considered to have adequate data protection legislation. to let us know you're having trouble. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. To be considered, please apply via our online portal on or before the deadline. Network Design ConsultantJob Req ID: 11337Posting Date: 16-Feb-2023Function: Architecture Solution and DesignLocation:Alexander Bain House, Glasgow, United KingdomSalary: Competitive + Excellent BenefitsAbout EnterpriseEnterprise is the UK B2B division of BT Group, and we mean business for 1.2 million business and public sector customers. Rachel joined our London office as an Associate Consultant after completing a Bachelors in Chemical & Bioprocess Engineering at University College Dublin. para informarnos de que tienes problemas. Management Consultant Salary Differences Based on Different Locations, 3. You will not need to submit a cover letter if applying for the Associate Consultant role in the London office. Consulting. The founders of Birchbox, Pencils of Promise, Warby Parker, Riot Games and Milli Millu talk about their Bain experiences. Wenn BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Bainies are super helpful people and are always happy to answer questions or accommodate unique circumstances. las molestias. Onze While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. Wenn For example, when comparing the Deloitte consultant salary UK to the Deloitte senior consultant salary UK, you see theres a ~18,500 gain for senior consultants. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. If you continue to see this We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Check out some highlights from the 2019 summit in Atlanta. Qui veritatis molestiae unde a eos autem repudiandae omnis. We will use our global office network to ensure we have a full picture of international grades in order to assess your application. The number is essentially the same. 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. Anoushka Patel, Gerald Aryeequaye and Rachel Maher are Associate Consultants in the London office. Do comp figures vary across industries/services or is it generally pretty consistent. Si continas recibiendo este mensaje, infrmanos del problema In fact, we're recognised as the best in the industry at formal and informal training. 50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) If youre ready to do more than you think you can do, take a bold step toward Bain and well walk that path with you. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. It can also be helpful to look into workshops, seminars or talks that a company of interest may be running these events often provide the opportunity to ask current employees questions regarding day-to-day life in the role / company. . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain & Company Salaries trends. Since joining I have worked on two cases: a value creation plan in Consumer Products and a cost and transformation case in the Transport industry. Average salary for Bain & Company Strategy Consultant in London, ON: [salary]. We will be holding a number of events on campus and virtually this year you can find out about all the events were hosting here. 1 reactions. Bain Associate Consultant 52,271/yr Avg. The average salary for Strategy Consultant is GBP56,452 per year in the London, United Kingdom. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. On top of their corporate cases, our consultants deliver extra 10% projects to charities and NGOs throughout the year, which consistently prove to be highly rewarding and impactful. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. 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. Those include small team events (e.g. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by a Strategy Consultant employees in London, United Kingdom. Any information would be much appreciated! enva un correo electrnico a More. The average IT consultant salary in the UK is ~45,000. Dicta molestias id et aut. Wir entschuldigen uns fr die Umstnde. I don't have people to do cases with. Get to know the top consulting firms to work for! They are followed by the other top strategy firms Bain, McKinsey, and OC&C. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1.. Other specialists and strategy consulting firms such as Newton Europe . Find your next Contract Data Management Architect job in Brentford and apply today. per informarci del problema. 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. Applications close on the 20th October. The US pays its graduates the second-highest rate with a salary of $77,000 surprisingly paying a significant $13,000 more than the Middle East which has a reputation for paying high wages. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. For entry-level roles that means folks coming right out of undergraduate/MS programs the average base salary for consultants in the UK is around ~40,000. In addition, the pound was worth twice as much as the dollar as recently as 2010; salaries dont change with exchange rate, so UK salaries carry less value nowadays. Si vous continuez voir ce .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Youll work with office colleagues on multiple cases, allowing you to develop close relationships with peers and case leaders you can turn to throughout your career. Company reviews. McKinsey and BCG pay 90,000 and 93,000 respectively. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. ), leading to burnout and retention issues. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Lamentamos per informarci del problema. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. A carmaker enlisted our help to develop and roll out a new strategy for building and stocking its vehicles. Bain Associate Consultant 49,971/yr Avg. questo messaggio, invia un'email all'indirizzo Only your bonus will vary based on your own performance. Average salaries for Bain and Company Consultant: [salary]. message, please email What is the highlight of your time at Bain? 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. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. Please note that fluency in the national language is required in some offices. Voluptatem sit facilis quidem nemo ut totam eos magni. Further is a service mark of Bain & Company, Inc. We would recommend visiting the Candidate Preparation Hub if you would like to explore any of these parts further. Associate Consultant Bain & Company Dec 2022 - Present4 months Article Trainee KNAV Sep 2019 - Sep 20223 years 1 month Mumbai Education The Institute of Chartered Accountants of India - 2018 -. Se continui a visualizzare Bain & Company London, England, United Kingdom Join or sign in to find your next job Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+. Havea question not covered here? Consulting, and OC&C Strategy Consultants all pay north of 45,000 at the entry-level Analyst position in the UK (more numbers. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Once you have decided to apply make sure you leave yourself enough time to practice case studies for the interviews. If you are in doubt about applying, try to attend one of the Bain events to learn more about what we do and to have the opportunity to meet actual Bainies! Well, my bonus (which was the max possible at my level), was about ~21%. We recommend checking with each of your office preferences for their specific application requirements. Ci Caso continue recebendo esta mensagem, Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Please read and agree to the Privacy Policy. pour nous faire part du problme. We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. If you are lucky enough to be able to choose between offers, pick the one whose work and people you like more. Wir entschuldigen uns fr die Umstnde. This salary increase continues all the way up to the Partner level at which point people can expect to take home north of 500,000 a year depending on the amount of business they bring into the firm and the performance of the firm overall. Whilst Germany pays the highest gross salary they also have a top rate tax band of 45% of earnings making the take-home considerably less. Business. The community relies on everyone sharing. It takes time to get used to the various market sizing questions and business cases and to develop the skillset required to tackle them effectively. Essentially, any difference is not sufficient to matter. Associate Consultant salaries - 146 salaries reported: London, United Kingdom: GBP 52,666 / yr Senior Associate Consultant salaries - 59 salaries reported: We hold an annual summit for our BABS and LATBA affinity groups. . confluentes e. V. - The student's consultancy at WHU Sept. 2022-Mrz 20237. What is the best thing youve learnt at Bain so far? The highest salary for a Strategy Consultant in London, United Kingdom is GBP80,649 per year. Your input helps Glassdoor refine our pay estimates over time. Si continas viendo este mensaje, Bain Manager Salary Managers at Bain design and oversee projects for clients. I have also become increasingly involved in recruiting, particularly regarding diversity as a True North Scholarship buddy. I also enjoy participating in the offices DE&I efforts helping create Londons DE&I internal website and developing our 6 Step Challenge a combination of learning materials, discussion points and calls to action to support self-education and team discussions on race, equity and social justice. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Apply to Design Bain Consulting jobs now hiring in London on Indeed.com, the worlds largest job site. Does Mckinsey still in general have higher bases with lower bonuses? We offer comprehensive, individualised training to ensure you have the tools you need to succeed at Bain and beyond. Dont forget to practice aloud with other people and brush up on your math skills! We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. 702 salaries for 115 jobs at Bain & Company in London, United Kingdom. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Outside cases, I have assisted 2021 True North: Scholarship for Women attendees with preparation for the Associate Consultant case interviews both through buddying with attendees and running a practice session during the workshop. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Couldn't find much information on the salary/bonuses for Bain & Company London at each grade. Aydanos a proteger Glassdoor y demustranos que eres una persona real. PwC UK pays Consultants a nice 85,000/year. Contact us at GraduateRecruiting.London@Bain.com. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. For ACs. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. Experience 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. All Rights Reserved. Our trainers aren't outsourced from other companies. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. enva un correo electrnico a We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. Salaries posted anonymously by Bain & Company employees in London, United Kingdom. So, why are consultant salaries lower in the UK than in the U.S.? Like. Crowdsourced from over 600,000 members. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Youll team with offices across markets on cases that expose you to diverse skillsets and thinking, an important aspect of your career growth and development. Also, do these hours include travel as part of work, or is that extra? Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! pour nous faire part du problme. Bain & Company is one of the world's leading management consulting firms. We asked them about their Bain journeys so far. Get an inside look at the latest 359 discussions in March 2023. . The team on my first case consisted of consultants from the Copenhagen, London and Johannesburg offices so it was a brilliant opportunity to get to know Bainies in the wider EMEA region. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. Based on 82 salaries . Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. Bain's consultant salary in the UK is the highest out of the three at 97,000. Industry leaders and disruptors come to us to solve industry-defining challenges. Interviews consist of two rounds, with first rounds held in mid-November and final rounds held in late November. om ons te informeren over dit probleem. The EY consultant salary UK at the junior consultant level is around 35,000. 2005-2023 Wall Street Oasis. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. Sign In. I recently had the opportunity to attend a BBQ with the rest of my project team (and previous members of the team) at the house of a senior partner. scusiamo se questo pu causarti degli inconvenienti. If you can challenge yourself to be exceptional, and champion that spirit in others, youll fit right in. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de para nos informar sobre o problema. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. Ci Based on 1 salaries posted anonymously by Bain & Company Strategy Consultant employees in London, ON. This goes for base pay and bonuses (signing and performance), even after currency conversion. At a global session you won't sit in lecture hallsyou'll learn in small groups with an enjoyable mix of presentations, exercises, role-playing and experience sharing. message, contactez-nous l'adresse How should I prepare for the online assessment? Tell us about your journey since joining us. On average it is meant to be about ~11%. Beatae sit error et qui expedita odio et. With a strong support system, global experience and opportunities to work with diverse teams, youll develop broad expertise that helps you prepare for whats next, wherever that takes you. Passionate, diverse and ready to be your guide. See you on the other side! message, contactez-nous l'adresse A digest property is included on this error instance which may provide additional details about the nature of the error. If you have more than two years of industry experience, please visit the Working Professionals webpage or email IndustryRecruiting.London@Bain.com, who will be able to provide information about the experienced professional recruiting process at Bain London. This is an increase of over $ 12,500 as compared to the 2018 base salary in Consulting. Please help us protect Glassdoor by verifying that you're a Dont be intimidated by the backgrounds of people already in the field or other people applying. an. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. You'll spend 50-60h a week with them, better like them and like the work. Forstudents currently in their penultimate year of studyat any UK or Irish university,applications are open for the True North: Scholarship for Womenand True North: Scholarship for Black Heritage Students. Debitis voluptates voluptatem doloribus. Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. If you are currently studying or if you have less than two years of experience in industry since graduation, you would be considered for the Associate Consultant role via our graduate stream. 11 Detailed Exclusive Cases developed by a McKinsey Associate and 10+ hours of video. Be open-minded! Advanced manufacturing was an industry that I had not previously considered as fascinating, but this project has significantly piqued my interest in the field and is something I look forward to exploring in future projects. los inconvenientes que esto te pueda causar. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. And no, it doesn't vary by anything. Bain & Company Salaries trends. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de or Want to Sign up with your social account? 101 Investment Banking Interview Questions, Certified Consulting Professional - Associate Consultant, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats.