Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. A Bain consultant salary is one of the most competitive in the management consulting industry. But an increasing number of boutique firms are appearing on the stage with traditional players. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. Average salary for Bain & Company It Consultant in Crawley: 27,037. 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. ), and one-time work-from-home bonuses have become more common. The community relies on everyone sharing. 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. 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. 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. We offer exciting career opportunities in a broad array of fields. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Bain wants to know what impact youve made in your role, rather than what youre responsible for. They are slightly higher for 2020. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bain & Company Salary (2020) | MConsultingPrep 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. What does it take to be a Bain management consultant? BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Your email address will not be published. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). 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. Meet Shah - Associate Consultant - Bain & Company | LinkedIn 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. The estimated additional pay is $85,928 per year. 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. 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. Get a free, personalized salary estimate based on today's job market. Eventually it will unless its offensive or libelous (in which case it wont.). Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. There is some flexibility to this schedule in comparison with some other top consulting firms. To improve your skills in all areas of the interview, check out our targeted offers below. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! 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. Management Consultant. Find thousands of job opportunities by signing up to eFinancialCareers today. There is some polarity when it comes to work-life balance. Bain & Company - Associate Consultant Athens 2023 My path to Bain has been interesting. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. 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 & Company on LinkedIn: Jonathan Paul, Associate Consultant. Lets compare the entry level salaries between both countries. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Can you make it happen? The consulting industry has been booming in recent years, and going hard after top talent. 38 Bain And Company Jobs in India - LinkedIn Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. "Andrea Orcel is an excellent banker but his pay rise is extreme". The estimated base pay is $159,610 per year. 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. Read more about Consulting Salaries For MBA & Masters Graduates. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. This is comparatively high compared to graduate salaries in most other fields. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. Pavel Mkhitarian - Consultant - Bain & Company | LinkedIn This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. 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 salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Senior Associate Consultant $137K. How much do Bain & Company employees make? The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. 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. For new MBA graduates basic salaries are between 80,000 and 90,000. Key factors include education/certification, work experience & seniority, and each employees personal profile. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Jonathan Paul, Associate Consultant #atBain What is average salary increase yearly in top consulting firms? technique - and why do banks like it? Some receive only 10% of the potential payout. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. Entdecken Personen E-Learning . Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. McKinsey, Bain, BCG Increase MBA Consulting Salaries For 2023 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. Its also possible to get a relocation bonus of $8,000 if youre coming from under 400 miles away and $16,000 if youre coming from more than 400 miles away. 7 Contract Data visualisation jobs in Sabines Green on CWJobs. Contact:sbutcher@efinancialcareers.comin the first instance. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The Average Salary of a Consultant at McKinsey, Bain or BCG in London On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. On top of that, employees are eligible for up to $41,250 in performance bonuses. 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. The salary information is posted above, where we note an average base salary of $90,000. Employees maintain this role for 6-24 months before rising to the level of Consultant. Extraordinary Outcomes. 2022 MConsultingPrep | Intellectual Property protected by DMCA. These numbers are just starting salaries. 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. Read Jonathan Paul's full story! Bain salary progression is quite steep relative to the corporate world. technique - and why do banks like it? The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. 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. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. The salary growth itself is steep as you get promoted. 715 salaries for 117 jobs at Bain & Company in Hurst, England. 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. Bain & Company Salaries How much do Bain & Company employees make? .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. 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. How much do consultants at McKinsey, BCG, and Bain make (in USD)? 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. 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 | 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;. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. 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.
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