Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. We even created Excel templates and PowerPoint presentations. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Find out what salary you could earn at Bain & Company after an MBA or masters degree. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. What is the S.T.A.R. Lets take a look at how the Bain consultant salary varies by role. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Find Jobs ETR: Careers. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Employees maintain this role for 6-24 months before rising to the level of Consultant. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. 73% of these revenues were spent on pay. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . Well also take a look at the nature of the career path at Bain, as well as employee reviews. 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 also makes a 401(k) retirement contribution of up to $8,000 for US employees. 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,. 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. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Greenwich Partners, London, Vereinigtes Knigreich Job: Bewerben Sie sich fr Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, Vereinigtes Knigreich. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. ), and one-time work-from-home bonuses have become more common. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Our model gets smarter over time as more people share salaries on Glassdoor. The COVID-19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Healthcare M&A Associate - Leading Elite Boutique IB, Analyst/Associate, Infrastructure M&A and Debt Advisory, "Andrea Orcel is an excellent banker but his pay rise is extreme". Florian spent 5 years with McKinsey as a senior consultant. 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. 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. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. 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. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. 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. Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Salaries posted anonymously by Bain & Company employees in Reading, OH. But theres no single answer to the question of what a Bain salary is, of course. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. How much do consultants at McKinsey, BCG, and Bain make (in USD)? 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. It is unlikely that a consultant would move from one top-3 firm to another because of a difference in compensation, especially not below Partner level. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. OneDay @BCG Learn more I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. How much do Bain & Company employees make? Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Learn how much management consultants make based on the firm and their experience level. Generally, the bonus is normally distributed. I was going to help people solve problems. FlashFash). Eventually it will unless its offensive or libelous (in which case it wont.). Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? At this level, youre expected to leverage your professional network to bring in clients. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Required fields are marked *. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. 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)! Industry Sector . Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. 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. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. 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. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. That aims to maximize the chance of entering stage 2. Learn about the award and see why employees love working at Bain. 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). The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. What does it take to be a Bain management consultant? In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! 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. 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. But an increasing number of boutique firms are appearing on the stage with traditional players. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Apply Today. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. 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. bain consultant salary ukrestoration companies near paris. 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. Are you an impact player? . Signing bonuses across all three firms remain at $30,000. 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 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. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Anonymously share your salary to help the community, Averages based on self-reported salaries. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. 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. 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. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Being a shareholder in the partnership obviously comes with benefits on their own. Lets compare the entry level salaries between both countries. Learn about the award and see why employees love working at Bain. These numbers are just starting salaries. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 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. Also, certain employees will earn a different actual base for a variety of reasons. In terms of living costs and compared to the average salaries, countries like Germany come out on top. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. The estimated base pay is $159,610 per year. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Average salary for Bain & Company It Consultant in Crawley: 27,037. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. Youll build a powerful network in the process. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Consulting salary grows at 5 percent annually on average. Read Jonathan Paul's full story! Additional pay could include bonus, stock, commission, profit sharing or tips. Bain promotes top performers faster and rewards them better than at other firms. Related Searches:All Consultant Salaries|All Bain & Company Salaries. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Entdecken Personen E-Learning . By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. My path to Bain has been interesting. out of network benefits, fertility benefits, best - culture is that people take their vacation. 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 highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. 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)! "Andrea Orcel is an excellent banker but his pay rise is extreme". A comprehensive guide to Bain & Company Salary in 2020! Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Find thousands of job opportunities by signing up to eFinancialCareers today. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. The most effective case book has arrived! 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. They are slightly higher for 2020. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. 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. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Masters-level graduates get offered around $112,000 in base salary at Bain. 715 salaries for 117 jobs at Bain & Company in Hurst, England. 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. Learn how much management consultants make based on the firm and their experience level. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The community relies on everyone sharing. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 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. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Consultant $202K. Why consulting? Get a free, personalized salary estimate based on today's job market. Each firm has a set base salary at a given entry point and decides the entry point based on the candidates experience and interview performance. 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). Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. Well tell you how much you can expect as an entry-level employee. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Manager $268K. Closes 30 Mar 2023 Ref HW/15450 Job Title EA. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. But compensation is competitive from the beginning. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. We can help you get your desired MBB consulting offer. 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. This article is updated annually. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon.