), and one-time work-from-home bonuses have become more common. Consultant Salary UK - Management Consulted In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The guide to pay at Bain, McKinsey, BCG and the Big Four The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. Bain & Company Salaries in Reading, OH | 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. We even created Excel templates and PowerPoint presentations. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Yoeun Yoon Senior Manager Seoul Vicky Sun Manager Beijing Annie Medaglia Associate Partner Washington, DC Jake Mitchell Consultant San Francisco SEE MORE PROFILES Bold Thinking. 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. Bain Manager Salary Managers at Bain design and oversee projects for clients. Jobs in United Kingdom | Careers | Boston Consulting Group - BCG Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. A comprehensive guide to Bain & Company Salary in 2020! Bain & Company Consultant Salaries | Glassdoor Florian spent 5 years with McKinsey as a senior consultant. 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! The community relies on everyone sharing. Was this answer helpful? But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. A Bain consultant salary is one of the most competitive in the management consulting industry. Here's how much you'll make at McKinsey, Bain and - eFinancialCareers Apply Today. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. 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. ), and one-time work-from-home bonuses have become more common. 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)! The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. Learn how much management consultants make based on the firm and their experience level. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Zurich, Switzerland . The most effective case book has arrived! The estimated additional pay is $85,928 per year. Bain & Company Salary (2020) | MConsultingPrep Key factors include education/certification, work experience & seniority, and each employees personal profile. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Learn about the award and see why employees love working at Bain. Participating in these programs will help you build connections and increase the likelihood of receiving an interview. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. Required fields are marked *. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. This article is updated annually. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. We offer exciting career opportunities in a broad array of fields. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Generally, the bonus is normally distributed. The salary information is posted above, where we note an average base salary of $90,000. Bain only hires motivated, intelligent, creative, and highly competent people. And find the best graduate job opportunities on Bright Network. My path to Bain has been interesting. Until this year, however, pay at the big consulting firmshad been climbing. What is the S.T.A.R. 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. How much do Bain & Company employees make? Master's-level graduates get offered around $112,000 in base salary at Bain. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. These employees in the US earned an average base salary of $165,000 a year. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. The Average Salary of a Consultant at McKinsey, Bain or BCG in London Thats not to mention all the add-ons. 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". Forbidden characters: \. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Explore Roles | Bain & Company Have a confidential story, tip, or comment youd like to share? bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Masters-level graduates get offered around $112,000 in base salary at Bain. The community relies on everyone sharing. 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. Being a shareholder in the partnership obviously comes with benefits on their own. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. Only 1% of candidates receive consulting offers from Bain & Company. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. The exact size of this payment is driven by the role and distance of the relocation. 2021-Apr. 2022 consulting salaries: how much top management consultants earn A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. Entdecken Personen E-Learning . MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Why consulting? 715 salaries for 117 jobs at Bain & Company in Hurst, England. Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. 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. The firm advises. Bain promotes top performers faster and rewards them better than at other firms. 73% of these revenues were spent on pay. 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. Salary Expectations at Top Consulting Firm from Graduate to Partner . 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. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. . This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. f you want to work for thetop three consulting firmsthen theres not much in it. 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. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. technique - and why do banks like it? Apply today for the Associate Consultant Athens 2023 with Bain & Company. EA to C-Suite in Temporary, Fintech, EA with Bain and Gray. The salary growth itself is steep as you get promoted. 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. Private Equity / VC Jobs verfgbar bei eFinancialCareers. Meet Shah - Associate Consultant - Bain & Company | LinkedIn If you are overcoming hardships, we wanna help! 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. Boston Consulting Group (BCG) Total compensation: up to US$206,250 The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Invalid empty value or special character. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Management Consulting Salary At 12 Top Firms (2020 Update) Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? 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. Consulting salary grows at 5 percent annually on average. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Deloitte Consulting in the UK pays its consultants 91,000. 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. Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Bain's consultant salary in the UK is the highest out of the three at 97,000. Bain & Company It Consultant Salaries in Crawley | Glassdoor The article did not discuss the specific tiles that each of the three firms uses. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. bain consultant salary uk For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. Additional pay could include bonus, stock, commission, profit sharing or tips. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. 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 pension funds can also be managed by McKinseys internal hedge fund, which has a great performance track record and includes investment vehicles not typically accessible to the general public. At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to $230,000 (bonuses and profit sharing included). Bain & Company Salaries in Hurst, England | Glassdoor Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 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. Sabine Neuhaus - Consultant - Bain & Company | LinkedIn technique - and why do banks like it? Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. McKinsey vs BCG vs Bain vs Big 4 (Deloitte, EY, KPMG - MBA Crystal Ball 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. 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. Yet, top performers can rise to $220,000 at the high end. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. Jonathan Paul, Associate Consultant #atBain The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Bain Salaries | Levels.fyi Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. At Bain, we champion the bold to achieve the extraordinary. 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. Office: Washington, D.C. Accounts recently filed by Bain & Co. Inc.for the year ending December 2020 show that Bain's UK entity earned243m($327m) in revenues last year, up from 198m in 2019. There is also some variance over the size of relocation packages, with Bain being the most generous. Bain and Company Consultant Salaries | Glassdoor Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Find out what salary you could earn at Bain & Company after an MBA or masters degree. MBA hires at Bain get PTO vacation of 25 days per year. The average Bain Partner Salary is in the neighborhood of $322,000 per year! Associate Consultant Bain & Company Dec 2022 - Present4 months Article Trainee KNAV Sep 2019 - Sep 20223 years 1 month Mumbai Education The Institute of Chartered Accountants of India - 2018 -. 7 Contract Data visualisation jobs in Sabines Green on CWJobs. 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. Learn how much management consultants make based on the firm and their experience level. This is comparatively high compared to graduate salaries in most other fields. Bain vs McKinsey ?? which is the better place to start? In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. Salary negotiation is highly unlikely at these levels. 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. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The estimated base pay is $159,610 per year. 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. If there is any room for negotiation it will be with the sign-on bonus. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. What is average salary increase yearly in top consulting firms? By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Bain & Company - LinkedIn In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. 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. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. A Bain associate principal salary sits at around $275-to-$350,000, while Bain partner salary prospects start at around $375,000 and go up to $500-to-$700,000 for a senior partner with potential bonuses of over $500,000. These numbers are just starting salaries. Have a confidential story, tip, or comment youd like to share? On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. 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. Posted 02 Mar 2023. Salary 28.00ph - 38.00ph +holiday pay . Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon.