18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. The community relies on everyone sharing. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. A Bain consultant salary is one of the most competitive in the management consulting industry. As well as Bain consultant salary benefits, careers at Bain come with many perks. Boston Consulting Group (BCG) Total compensation: up to US$206,250 Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . Across 64 cities in 39 countries, we work alongside our clients as one team with a. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. Entdecken Personen E-Learning . Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. For new MBA graduates basic salaries are between 80,000 and 90,000. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. 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. Was this answer helpful? Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. 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 community relies on everyone sharing. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. This equates to $116,000 in base salary and $53,000 in performance bonuses. 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. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. 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. Closes 30 Mar 2023 Ref HW/15450 Job Title EA. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. 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. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Bain & Company Salaries trends. How much do Bain & Company employees make? Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). Stage 3 Fit Interview & Case Interview: Check out 2 articles Bain Fit Interview and Bain Case Interview to have a clearer idea of what you may expect during your application. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Though the full bonus isnt guaranteed. 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. Can you make it happen? Find thousands of job opportunities by signing up to eFinancialCareers today. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. Join 90,000+ on the #1 consulting prep channel! Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. OneDay @BCG Learn more Private Equity / VC Jobs verfgbar bei eFinancialCareers. Learn how much management consultants make based on the firm and their experience level. But theres no single answer to the question of what a Bain salary is, of course. Specialist, Consulting Programs. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Related Searches:All Consultant Salaries|All Bain & Company Salaries. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. Only 1% of candidates receive consulting offers from Bain & Company. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. The estimated base pay is $159,610 per year. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. Youll build a powerful network in the process. Florian spent 5 years with McKinsey as a senior consultant. Jonathan Paul, Associate Consultant #atBain McKinsey which offers the biggest total comp package for those who hit the top performance bonus of $30,000, provides up to $10,000 in relocation expenses and 19 days PTO per year. 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. If you are overcoming hardships, we wanna help! From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. Download our full salary and bonus survey here. The average salary for a Consultant is $70,432 per year in United States, which is 71% lower than the average Bain & Company salary of $245,538 per year for this job. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! And if you happen to thrive in a challenging but supportive environment like Bains, you could easily see your Bain and Company salary rise to truly staggering figures as you advance along the promotion schedule. Master's-level graduates get offered around $112,000 in base salary at Bain. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. 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. And the Brain brand is very strong. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Find thousands of job opportunities by signing up to eFinancialCareers today. Average salary for Bain & Company It Consultant in Crawley: 27,037. 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. 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. All of those can add up to a nice sum, making competition for these roles extremely competitive. Managers at Bain design and oversee projects for clients. . After two years as a Consultant, employees who remain with the company and perform well are promoted to Case Team Leader for another two years. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. My path to Bain has been interesting. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Masters-level graduates get offered around $112,000 in base salary at Bain. Bain just increased paternal leaves (all genders) to 21 weeks. 20227 Monate. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Consultant $202K. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. 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 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. 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. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. The salary information is posted above, where we note an average base salary of $90,000. 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. Also, certain employees will earn a different actual base for a variety of reasons. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. 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. 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. Apply Today. 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)! 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. The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. 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. Salary 28.00ph - 38.00ph +holiday pay . Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. 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! 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". Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. The estimated additional pay is $85,928 per year. This is comparatively high compared to graduate salaries in most other fields. Some firms offer this as part of their standard package, while others dont. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. 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. The community relies on everyone sharing. The most effective case book has arrived! 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. Yet, top performers can rise to $220,000 at the high end. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. 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. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. f you want to work for thetop three consulting firmsthen theres not much in it. 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. 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. Associate Consultant $118K. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them.

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