Average Bain & Company Inc. Salary in United Kingdom | PayScale Related Searches:All Consultant Salaries|All Bain & Company Salaries. 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. 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. This is comparatively high compared to graduate salaries in most other fields. 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. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. bain consultant salary ukrestoration companies near paris. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. 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. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. At McKinsey, the figure remains at $45,000. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Find Events - Recruits Portal - Bain & Company Bain looks for practical, leadership experience. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Eventually it will unless its offensive or libelous (in which case it wont.). Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. How much do Bain & Company employees make? After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk Lets compare the entry level salaries between both countries. The estimated additional pay is $85,928 per year. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. Bain & Company Consultant I Salaries in Crete | Glassdoor Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor Some firms offer this as part of their standard package, while others dont. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . The consulting industry has been booming in recent years, and going hard after top talent. 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. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Industry Sector . While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. My path to Bain has been interesting. Competition for talent is high, and it has driven salaries up. 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. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. Bain & Company Salaries How much do Bain & Company employees make? 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. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Holy crap. 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. 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. Yet, top performers can rise to $220,000 at the high end. However, top partners can make $1M+ or more comp at this level is variable, with the biggest factor being the amount of work you sell. 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. 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. Bain and Company Consultant Salaries | Glassdoor 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 average Bain & Company salary ranges from approximately $38,943 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. 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. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . The estimated total pay for a Consultant at Bain & Company is $245,538 per year. Marleen F. - Associate Consultant - Bain & Company | LinkedIn Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Unlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 0 Bain & Company Salaries in Reading, OH | Glassdoor Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Download our full salary and bonus survey here. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Bain & Company - Associate Consultant Athens 2023 28 emails packed with tips. McKinsey and BCG pay 90,000 and 93,000 respectively. 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. Bain wants to know what impact youve made in your role, rather than what youre responsible for. In 2021, all three BBM firms were only paying $90k salaries. But theres no single answer to the question of what a Bain salary is, of course. Consulting Based on 462 salaries Consultant 170 salaries Associate Consultant 147 salaries View More Business Based on 82 salaries Manager 41 salaries Senior Manager 20 salaries Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. 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. I was going to help people solve problems. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Bain Associate Consultant Salary in 8 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. Consultant Salary UK - Management Consulted Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. 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. 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. Management Consulting Salary At 12 Top Firms (2020 Update) ), and one-time work-from-home bonuses have become more common. Help make it more accurate by adding yours. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. ), and one-time work-from-home bonuses have become more common. Download resume templates and watch in-depth, step-by-step resume advice videos. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. technique - and why do banks like it? 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 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. Basic salaries at top firms 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. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. 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. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. I was going to help people solve problems. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). The community relies on everyone sharing. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Boston Consulting Group (BCG) Total compensation: up to US$206,250 Master's-level graduates get offered around $112,000 in base salary at Bain. They are slightly higher for 2020. The community relies on everyone sharing. But an increasing number of boutique firms are appearing on the stage with traditional players. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. Associate Consultant $118K. Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. Bain Consultant Salary | What Could You Earn At Bain & Company? Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Thats not to mention all the add-ons. Bain & Company 3 years 8 months Consultant Mar 2023 - Present1 month Denver, Colorado, United States Senior Associate Consultant Jun 2022 - Mar 202310 months Denver, Colorado, United States -. bain consultant salary uk Bain & Company Consultant Salaries | Glassdoor 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. Management Consultant. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. The guide to pay at Bain, McKinsey, BCG and the Big Four 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. Jonathan Paul, Associate Consultant #atBain 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Deloitte Consulting in the UK pays its consultants 91,000. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? 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. 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. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Bain & Company Consulting Practice Manager Salaries in Maldon, England Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. . It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. These employees in the US earned an average base salary of $165,000 a year. What is the S.T.A.R. Yet, top performers can rise to $220,000 at the high end. Investment associates x 2 , European Private Equity Fund - MBA level COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Learn how much management consultants make based on the firm and their experience level. Extraordinary Outcomes. These are the 13 Consulting Firms Paying MBAs More than US$200,000 a For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Salary 28.00ph - 38.00ph +holiday pay . 3 salaries for 3 jobs at Bain & Company in Reading, OH. A Bain consultant salary is one of the most competitive in the management consulting industry. 38 Bain And Company Jobs in India - LinkedIn Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. 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. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Can you make it happen? Contribute Manager This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Learn more Apply Now 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. Join 90,000+ on the #1 consulting prep channel! In this article, lets find out and compare Bain salaries across different positions in 12 countries. However, if you have a good rationale for requesting a sign-on bonus you should ask. The starting salaries of consulting firms vary between 25,000 and 60,000 in the UK; this article looks at the top 60 consultancies in the UK and their starting salaries for undergraduates. The significant difference also holds true for new hires with an MBA or PhD. New hires can expect relocation support payments between USD 2k and 10k. Salary Expectations at Top Consulting Firm from Graduate to Partner Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. 1996-2023 Bain & Company, Inc. At the time, I wondered why other companies hadnt thought of this genius business strategy. Required fields are marked *. Forbidden characters: \. Again, there are some nuances when it comes to perks for MBA and PhD hires. We even created Excel templates and PowerPoint presentations. Find Jobs ETR: Careers. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. 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. Meet Shah - Associate Consultant - Bain & Company | LinkedIn If you are overcoming hardships, we wanna help! 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. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Bain salary progression is quite steep relative to the corporate world. Posted 02 Mar 2023. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. There is some flexibility to this schedule in comparison with some other top consulting firms. MBA hires at Bain get PTO vacation of 25 days per year. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. 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. Zurich, Switzerland . This employer has claimed their Employer Profile and is engaged in the Glassdoor community. We even created Excel templates and PowerPoint presentations. Their salaries typically start at 55,000 and can be as high as 65,000. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. Bain & Company Management Consultant Salaries in Maldon, England 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. 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 salary trajectory of a Consultant ranges between locations and employers. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. Job Search | Bain & Company, Inc. 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.
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