Solas Requirements For Helicopter Equipment, The Royal Leichhardt Menu, Articles B

Some consulting firms, such as McKinsey, BCG, and Bain, offer programs that specifically help PhD and advanced degree holders apply and transition to consulting. 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. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Overall, if youre looking for a high paying job that isnt in finance or law, consulting is a very strong option, particularly for driven high-performers. Florian spent 5 years with McKinsey as a senior consultant. Bain & Company Consulting Practice Manager Salaries in Maldon, England 8 full cases with solutions (incl. 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. 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. 28 emails packed with tips. A Bain consultant salary is one of the most competitive in the management consulting industry. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Have a confidential story, tip, or comment youd like to share? Bain & Company - Associate Consultant Athens 2023 For new MBA graduates basic salaries are between 80,000 and 90,000. 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. The community relies on everyone sharing. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. There is some polarity when it comes to work-life balance. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. Salaries posted anonymously by Bain & Company employees in Reading, OH. How Much Does Bain & Company Pay in 2023? (6,389 Salaries) 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) There is also some variance over the size of relocation packages, with Bain being the most generous. 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. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Consultant is $70,432 per year in United States, The Ultimate Job Interview Preparation Guide. While the data has been validated with our applicants that received offers and triangulated with various sources, please be aware that consulting salaries are not an exact science and specific components can change relatively quickly for firms to stay competitive and usually increase every recruiting season. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. These aren't remotely accurate and aren't even the correct job titles. Masters-level graduates get offered around $112,000 in base salary at Bain. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. 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. But an increasing number of boutique firms are appearing on the stage with traditional players. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Download resume templates and watch in-depth, step-by-step resume advice videos. Find Jobs ETR: Careers. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Extraordinary Outcomes. 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. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Can you make it happen? At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 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. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. 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. Bain just increased paternal leaves (all genders) to 21 weeks. Salary 28.00ph - 38.00ph +holiday pay . 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. 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)! At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers Bain looks for practical, leadership experience. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. Yet, top performers can rise to $220,000 at the high end. Jonathan Paul, Associate Consultant #atBain Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. You can expect the salary progression of the top 3 firms to look similar to the chart below. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. 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. Consultant Salary UK - Management Consulted technique - and why do banks like it? Looking for the best preparation to ace your case interviews? Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. If there is any room for negotiation it will be with the sign-on bonus. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. Ben Caine - Consultant - Bain & Company | LinkedIn Learn about the award and see why employees love working at Bain. 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. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. The highest-paying job at Bain & Company is a Partner with a salary of $527,574 per year. Holy crap. 715 salaries for 117 jobs at Bain & Company in Hurst, England. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. 2022 consulting salaries: how much top management consultants earn Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Find thousands of job opportunities by signing up to eFinancialCareers today. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor At the time, I wondered why other companies hadnt thought of this genius business strategy. Apply Today. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Audience: All students Location: Statler 185 Learn More Mar 06 Associate Consultant $118K. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk Here's how much you'll make at McKinsey, Bain and BCG in the U.S. - UK Find Events - Recruits Portal - Bain & Company 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. Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. 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. Average salary for Bain & Company Management Consultant in Maldon: 96,081. And find the best graduate job opportunities on Bright Network. The median compensation package totals $185K. Only 1% of candidates receive consulting offers from Bain & Company. 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. Bain & Company Management Consultant Salaries in Maldon, England The cost of living also balances things a bit, as cost of living in the UK is 7% cheaper, with rents in particular 30% cheaper than they are in the US. Bain & Company Management Consultant Salaries in Maldon Bain & Company Salaries in London, United Kingdom | Glassdoor Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Read Jonathan Paul's full story! BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Find thousands of job opportunities by signing up to eFinancialCareers today. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain.