Find thousands of job opportunities by signing up to eFinancialCareers today. Were excited to share that weve ranked #1 on Glassdoors Best Places to Work UK list and #3 on Glassdoors Best Places to Work U.S. list! Get a free, personalized salary estimate based on today's job market. 2022 consulting salaries: how much top management consultants earn Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! This employer has claimed their Employer Profile and is engaged in the Glassdoor community. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Your input helps Glassdoor refine our pay estimates over time. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. 73% of these revenues were spent on pay. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 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. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. The salary growth itself is steep as you get promoted. Bain Consultant Salary | The Consulting Industry & Prep Experts How much do Bain & Company employees make? 2021-Apr. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 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)! Management Consultant. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP 4,697, with a range from GBP 1,367 - GBP 16,140. Read more about Consulting Salaries For MBA & Masters Graduates. EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. For MBA and PhD hires, salaries and bonuses for the MBB firms remained unchanged, with Bain and BCG edging ahead of McKinsey in terms of total compensation for the second year running. Access all the online resources you need for success in your case and fit interviews. Learn more Apply Now But compensation is competitive from the beginning. There is some flexibility to this schedule in comparison with some other top consulting firms. Private Equity / VC Jobs verfgbar bei eFinancialCareers. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Looking for the best preparation to ace your case interviews? Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy consulting firms. 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. Learn how much management consultants make based on the firm and their experience level. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The salary information is posted above, where we note an average base salary of $90,000. He started StrategyCase.com with the goal to make top-tier consulting firms more accessible for top talent, using tailored and up-to-date know-how about their recruiting. The estimated additional pay is $85,928 per year. How to Break into Consulting with a PhD or Advanced Degree Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Competition for talent is high, and it has driven salaries up. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. ), 2023 eFinancialCareers - All rights reserved. The average Bain Partner Salary is in the neighborhood of $322,000 per year! When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Consulting salary grows at 5 percent annually on average. This is a breakdown of management consulting salaries in 2022. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. Jonathan Paul, Associate Consultant #atBain 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. 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Investment associates x 2 , European Private Equity Fund - MBA level ), and one-time work-from-home bonuses have become more common. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. At this level, youre expected to leverage your professional network to bring in clients. The estimated base pay is $159,610 per year. 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. ramona car accident sunday; mountain meadows subdivision Average Bain & Company Inc. Salary in United Kingdom | PayScale Find Jobs ETR: Careers. 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). BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. What is the S.T.A.R. Boston, Bain and McKinsey dominate the top spots on the pay table at this level of entry, although PwC Strategy& takes second place and matches the BBM firms with its $100k base salaries. Salary negotiation is highly unlikely at these levels. To improve your skills in all areas of the interview, check out our targeted offers below. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. 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. Youll build a powerful network in the process. Industry Sector . My path to Bain has been interesting. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. You can expect the salary progression of the top 3 firms to look similar to the chart below. We can help you get your desired MBB consulting offer. In 2021, all three BBM firms were only paying $90k salaries. 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. McKinsey interviews (2023): the comprehensive insider guide, How to interpret charts and data in case interviews, McKinsey Personal Experience Interview: comprehensive insider guide, Case interview examples (2023): a collection from McKinsey and others, McKinsey Solve Game (2023): How to prepare and ace the Imbellus, 2023 | Contact: +43 6706059449 | ), and one-time work-from-home bonuses have become more common. Associate Consultant $118K. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. Managers at Bain design and oversee projects for clients. Bain & Company Management Consultant Salaries in Maldon, England On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Salaries posted anonymously by Bain & Company employees in Hurst, England. 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. bain consultant salary uk Its on the level of McKinsey or an Ivy League education. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. Pay scales for consultants in England - British Medical Association New hires can expect relocation support payments between USD 2k and 10k. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. . This is comparatively high compared to graduate salaries in most other fields. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. Bain Principals and Partners in the US can make up to $1,000,000 each year, with $400,000 from base salary, and $600,000 from bonuses. At McKinsey, the figure remains at $45,000. Jobs in United Kingdom | Careers | Boston Consulting Group - BCG A Bain consultant salary is one of the most competitive in the management consulting industry. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. Read Jonathan Paul's full story! It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Salary Expectations at Top Consulting Firm from Graduate to Partner Bain Consultant salary (MBA/Experienced-level) 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) Eventually it will unless its offensive or libelous (in which case it wont. Bain Manager Salary Managers at Bain design and oversee projects for clients. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. 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. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Bain & Company - Associate Consultant Athens 2023 Download our full salary and bonus survey here. We are a global consulting firm working with the worlds leading businesses to.css-epvm6{white-space:nowrap;} More, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Here's how much you'll make at McKinsey, Bain and BCG in the U.S. - UK Were excited to share that weve ranked #1 on Glassdoors Best Places to Work UK list and #3 on Glassdoors Best Places to Work U.S. list! Bain looks for practical, leadership experience. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. 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;. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Salary: Bain Strategy Consultant in London, UK 2023 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. We even created Excel templates and PowerPoint presentations. Average salaries for Bain and Company Consultant: [salary]. Yet, top performers can rise to $220,000 at the high end. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. bain consultant salary uk .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Some related job titles areEntry Level Consultant salaries with median pay of $50,394,Senior Consultant salaries with median pay of $123,519,Associate Consultant salaries with median pay of $89,060,Business Analyst salaries with median pay of $82,032. Zurich, Switzerland . Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. 1996-2023 Bain & Company, Inc. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. The most effective case book has arrived! 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. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. Management Consulting Salaries (2023) - Case Interview The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. 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. MBA hires at Bain get PTO vacation of 25 days per year. 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. Anonymously share your salary to help the community, Averages based on self-reported salaries. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. The salary trajectory of a Consultant ranges between locations and employers. 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. 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. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Job Search | Bain & Company, Inc. 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). Learn how much management consultants make based on the firm and their experience level. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. 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. 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,. Some firms offer this as part of their standard package, while others dont. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. Was this answer helpful? 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 salary uk 2021 . 2022 salaries and bonuses for master's and undergraduate hires at elite consulting firms. Your email address will not be published. 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. Bain & Company Salary (2020) | MConsultingPrep 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. McKinsey and BCG pay 90,000 and 93,000 respectively. Posted 02 Mar 2023. If you are overcoming hardships, we wanna help! Though the full bonus isnt guaranteed. Masters-level graduates get offered around $112,000 in base salary at Bain. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary.
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