Generally, the bonus is normally distributed. BCG held its retirement contribution a $10,312, after a big hike in 2019 while Bain has kept its contribution steady at $8k. 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. Access all the online resources you need for success in your case and fit interviews. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. That aims to maximize the chance of entering stage 2. Bain & Company Consultant I Salaries in Crete | Glassdoor 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. The average Bain Partner Salary is in the neighborhood of $322,000 per year! Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. Bain & Company Salaries in Hurst, England | Glassdoor 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. Bain Consultant Salary | What Could You Earn At Bain & Company? Average salary for Bain & Company Management Consultant in Maldon: 96,081. McKinsey does pay less than other firms at the lowest entry-level, but beyond that, the differences with other firms are not large enough to be meaningful. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Bain & Company Consultant Salaries | Glassdoor Bain looks for practical, leadership experience. 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) 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. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. 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. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. And find the best graduate job opportunities on Bright Network. How much do consultants at McKinsey, BCG, and Bain make (in USD)? 38 Bain And Company Jobs in India - LinkedIn Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. 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. What is the S.T.A.R. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. 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. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. 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). This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. This article is updated annually. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. 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,. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. Average salaries for Bain and Company Consultant: [salary]. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. 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. technique - and why do banks like it? 2022 MConsultingPrep | Intellectual Property protected by DMCA. The salary growth itself is steep as you get promoted. PwC UK pays Consultants a nice 85,000/year. Have a confidential story, tip, or comment youd like to share? 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. Bain's consultant salary in the UK is the highest out of the three at 97,000. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. 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. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. 1996-2023 Bain & Company, Inc. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. 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. Any update on the Mck comp. bain consultant salary uk. Bain just increased paternal leaves (all genders) to 21 weeks. 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. What is average salary increase yearly in top consulting firms? Its on the level of McKinsey or an Ivy League education. Salaries posted anonymously by Bain & Company employees in Reading, OH. Bain salary progression is quite steep relative to the corporate world. Contribute Manager Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated total pay for a Consultant at Bain & Company is $245,538 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. Bain only hires motivated, intelligent, creative, and highly competent people. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. out of network benefits, fertility benefits, best - culture is that people take their vacation. Explore Roles | Bain & Company 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. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Bain & Company hiring Specialist, Consulting Programs in London 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. Bain & Company Qa Consultant Salaries in Maldon | Glassdoor There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Marleen F. - Associate Consultant - Bain & Company | LinkedIn Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. On top of that, employees are eligible for up to $41,250 in performance bonuses. The firm advises. 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. Salary also varies by location, and there can be stark differences from one country to the next. Have a confidential story, tip, or comment youd like to share? This is comparatively high compared to graduate salaries in most other fields. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. The median compensation package totals $185K. There is also some variance over the size of relocation packages, with Bain being the most generous. 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. Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn For new MBA graduates basic salaries are between 80,000 and 90,000. Lets take a look at how the Bain consultant salary varies by role. 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. Required fields are marked *. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Master's-level graduates get offered around $112,000 in base salary at Bain. OneDay @BCG Learn more If you are overcoming hardships, we wanna help! Learn how much management consultants make based on the firm and their experience level. Two-to-three years out of an MBA program, Bain manager salary prospects are around $220-to-$240,000 in base salary and $100-to-$140,000 in bonuses. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. 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. Bain & Company - Associate Consultant Athens 2023 also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. 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 numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. 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. The significant difference also holds true for new hires with an MBA or PhD. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. How to Break into Consulting with a PhD or Advanced Degree 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. Extraordinary Outcomes. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Bain & Company Management Consultant Salaries in Maldon You can expect the salary progression of the top 3 firms to look similar to the chart below. As for support stuff (e.g., junior analyst McKinsey salary, junior research analyst McKinsey salary, research analyst McKinsey salary) the salary is usually adjusted downward from the consultant role, which is in line with the lower work and travel demands for non-consulting roles. Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Manager $268K. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The salary information is posted above, where we note an average base salary of $90,000. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. The article did not discuss the specific tiles that each of the three firms uses.
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