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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Again, there are some nuances when it comes to perks for MBA and PhD hires. Management Consultant. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). Job Search | Bain & Company, Inc. Extraordinary Outcomes. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. To improve your skills in all areas of the interview, check out our targeted offers below. out of network benefits, fertility benefits, best - culture is that people take their vacation. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. Why consulting? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. The management consulting industry: the free CaseCoach guide for candidates, What consultants at McKinsey, BCG and Bain actually do, Salary Expectations at Top Consulting Firm from Graduate to Partner, Why People Leave Management Consulting After Only 2-4 Years, Invalid special character. Well also take a look at the nature of the career path at Bain, as well as employee reviews. My path to Bain has been interesting. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. They are slightly higher for 2020. Bain & Company Salaries trends. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. A Bain consultant salary is one of the most competitive in the management consulting industry. Additional pay could include bonus, stock, commission, profit sharing or tips. As well as Bain consultant salary benefits, careers at Bain come with many perks. Bain and Company Consultant Salaries | Glassdoor 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). The figures are drawn from Management Consulted. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. If you are overcoming hardships, we wanna help! The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. 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. Salary negotiation is highly unlikely at these levels. Any update on the Mck comp. 2023 eFinancialCareers - All rights reserved, The 2021 salary report from industry coaching firm. The significant difference also holds true for new hires with an MBA or PhD. Plus sample case and fit interview videos. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. Manager $268K. 3 salaries for 3 jobs at Bain & Company in Reading, OH. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. The salary figures in this article are for those joining management consulting positions in 2023. Bonuses are typically based on individual performance at McKinsey, BCG, and Bain unless the consultant has only been at the firm for less than a year, in which case a standard amount if given to everyone at this level. Well tell you how much you can expect as an entry-level employee. 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. Only 1% of candidates receive consulting offers from Bain & Company. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Business school grads turned Bain consultants interviewed by BusinessBecause have praised Bains exciting work culture, but say work-life balance can be challenging: Michele Valente, HKUST Business School MBA: Find out if consulting is what you really want to do. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Finally, the competition for top talent in the US is more pronounced, as Bain competes with Silicon Valley, Wall Street, and other top consulting firms to keep its talent pipeline full. 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. Specialist, Consulting Programs. This equates to $116,000 in base salary and $53,000 in performance bonuses. 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. At McKinsey, the figure remains at $45,000. The community relies on everyone sharing. Overall, if youre looking for a high paying job that isnt in finance or law, consulting is a very strong option, particularly for driven high-performers. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst 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. 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. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. The discrepancy is almost certainly down to the fact that strategy consultants like Bain employ an evenlarger proportion ofjunior staff than investment banks do. Contribute Manager Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Salary 28.00ph - 38.00ph +holiday pay . Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. 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. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. We offer exciting career opportunities in a broad array of fields. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. MBA hires at Bain get PTO vacation of 25 days per year. 2022 MConsultingPrep | Intellectual Property protected by DMCA. What is the S.T.A.R. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). 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. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. 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,. 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. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. I was going to help people solve problems. Bain Consultant Salary | What Could You Earn At Bain & Company? Across 64 cities in 39 countries, we work alongside our clients as one team with a. 73% of these revenues were spent on pay. Average salary for Bain & Company Consultant I in Crete: US$192,000. Marleen F. - Associate Consultant - Bain & Company | LinkedIn The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. At the time, I wondered why other companies hadnt thought of this genius business strategy. There is also some variance over the size of relocation packages, with Bain being the most generous. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. 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. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. 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. Masters-level graduates get offered around $112,000 in base salary at Bain. Bain & Company 3 years 8 months Consultant Mar 2023 - Present1 month Denver, Colorado, United States Senior Associate Consultant Jun 2022 - Mar 202310 months Denver, Colorado, United States -. 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.
