There is some flexibility to this schedule in comparison with some other top consulting firms. 38 Bain And Company Jobs in India - LinkedIn At this level, youre expected to leverage your professional network to bring in clients. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. 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. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. Average salary for Bain & Company It Consultant in Crawley: 27,037. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. Contribute Manager Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. 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. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Bain & Company Salary (2020) | MConsultingPrep ), and one-time work-from-home bonuses have become more common. ), and one-time work-from-home bonuses have become more common. EA to C-Suite in Temporary, Fintech, EA with Bain and Gray. 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. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. PwC UK pays Consultants a nice 85,000/year. bain consultant salary uk. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. New hires can expect relocation support payments between USD 2k and 10k. 715 salaries for 117 jobs at Bain & Company in Hurst, England. 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. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. 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. But theres no single answer to the question of what a Bain salary is, of course. 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. You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. The estimated additional pay is $85,928 per year. Plus sample case and fit interview videos. 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. . Average salary for Bain & Company Consultant I in Crete: US$192,000. Senior Associate Consultant $137K. Have a confidential story, tip, or comment youd like to share? To help you make the decision, here are some factors to consider: Salary Professional growth opportunities Exit opportunities Type of work/industry focus The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. Youll build a powerful network in the process. 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. 73% of these revenues were spent on pay. My path to Bain has been interesting. I was going to help people solve problems. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. We can help you get your desired MBB consulting offer. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Its on the level of McKinsey or an Ivy League education. 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. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. These aren't remotely accurate and aren't even the correct job titles. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers These are the 13 Consulting Firms Paying MBAs More than US$200,000 a 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. The firm advises. Job Search | Bain & Company, Inc. BCG held its retirement contribution a $10,312, after a big hike in 2019 while Bain has kept its contribution steady at $8k. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. Jobs in United Kingdom | Careers | Boston Consulting Group - BCG Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Masters level hires at Bain get a housing allowance of up to $5,000, PTO vacation of 20 days per year, $5,000 for relocation. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? They will usually remain at that level for up to two years. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. Ben Caine - Consultant - Bain & Company | LinkedIn 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 the time, I wondered why other companies hadnt thought of this genius business strategy. 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 consulting industry has been booming in recent years, and going hard after top talent. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Extraordinary Outcomes. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. What does it take to be a Bain management consultant? Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Baindidn't break out its U.K. headcount in its report, but the company employs 12,000 people globally, around 1,200of whom are listed on LinkedIn as working in the UK. bain consultant salary uk 2021 . Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. 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. Required fields are marked *. Forbidden characters: \. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? Yet, top performers can rise to $220,000 at the high end. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The Bain salary in other countries varies for obvious reasons. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" 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 instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. Salaries posted anonymously by Bain & Company employees 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. 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! .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Read Jonathan Paul's full story! If you are overcoming hardships, we wanna help! The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. 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. Apply Today. 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. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. 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. Find Events - Recruits Portal - Bain & Company A comprehensive guide to Bain & Company Salary in 2020! The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. 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. Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. This is a breakdown of management consulting salaries in 2022. 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. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. What is the S.T.A.R. Hence, the maximum bonusis given only tothe few % of consultants with a perfect rating, whereas the majority receives around 40 to 60% of the maximum amount. Read more about Consulting Salaries For MBA & Masters Graduates. Consulting salary grows at 5 percent annually on average. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 3 salaries for 3 jobs at Bain & Company in Reading, OH. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Unlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. 2022 MConsultingPrep | Intellectual Property protected by DMCA. 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. Bain & Company Management Consultant Salaries in Maldon Eventually it will unless its offensive or libelous (in which case it wont. 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 Bain Associate Consultant in West Drayton, England: [salary]. Some receive only 10% of the potential payout. I was going to help people solve problems. Management Consultant Salary UK 2023| PrepLounge.com Based on 1 salaries posted anonymously by Bain & Company Consulting Practice Manager employees in Maldon, England. 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. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). 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. Bain & Company Salaries in Reading, OH | Glassdoor Get a free, personalized salary estimate based on today's job market. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. Meet Shah - Associate Consultant - Bain & Company | LinkedIn 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. Masters-level graduates get offered around $112,000 in base salary at Bain. Why consulting? Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. The estimated additional pay is $85,928 per year. Learn how much management consultants make based on the firm and their experience level. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. The community relies on everyone sharing. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates.
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