Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Managers at Bain design and oversee projects for clients. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. 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. Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. And find the best graduate job opportunities on Bright Network. Consulting also has a fast career progression and meritocratic pay, which means that top performers stand to gain a high sum in a comparatively short period of time. Why consulting? Florian spent 5 years with McKinsey as a senior consultant. technique - and why do banks like it? Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. Average salary for Bain & Company Consultant I in Crete: US$192,000. Manager $268K. The salary figures in this article are for those joining management consulting positions in 2023. 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 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. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. . BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Based on 1 salaries posted anonymously by Bain & Company Consulting Practice Manager employees in Maldon, England. 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. Management Consultant. The community relies on everyone sharing. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. At McKinsey, the figure remains at $45,000. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Salary 28.00ph - 38.00ph +holiday pay . 0 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. Competition for talent is high, and it has driven salaries up. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. The estimated base pay is $159,610 per year. 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 -. Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. 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. Management Consulting Salaries (2023) - Case Interview 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.). 8 full cases with solutions (incl. Was this answer helpful? 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 offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. This is comparatively high compared to graduate salaries in most other fields. Learn about the award and see why employees love working at Bain. Required fields are marked *. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. They are slightly higher for 2020. How much do Bain & Company employees make? 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. Signing bonuses across all three firms remain at $30,000. This is comparatively high compared to graduate salaries in most other fields. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. Bain Salaries | Levels.fyi Their salaries typically start at 55,000 and can be as high as 65,000. 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. Salary discussions are very important for most applicants at McKinsey, the Boston Consulting Group (BCG), and Bain after having invested significant amounts of money and time into their prestigious education. 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. Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. The guide to pay at Bain, McKinsey, BCG and the Big Four 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. Investment associates x 2 , European Private Equity Fund - MBA level Here's how much you'll make at McKinsey, Bain and - eFinancialCareers From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Bain & Company It Consultant Salaries in Crawley | Glassdoor Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Total Pay 52,271/yr Base Pay 8,401/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Manager Assistant 41,916/yr Avg. 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. 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. 1996-2023 Bain & Company, Inc. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. 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 article did not discuss the specific tiles that each of the three firms uses. 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 consultant salary uk. 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. I was going to help people solve problems. They are very generous with top performers towards the top percentage of the cohort, so the average total compensation over a typical three year period may be higher for top performers at Bain versus other firms. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. This is a breakdown of management consulting salaries in 2022. 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 In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Lets take a look at how the Bain consultant salary varies by role. Access all the online resources you need for success in your case and fit interviews. How to Decide Between Bain and McKinsey When you have the good fortune of deciding between two offers at top consulting firms, there's really no wrong choice. There is also some variance over the size of relocation packages, with Bain being the most generous. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Contact:sbutcher@efinancialcareers.comin the first instance. Your email address will not be published. The Bain salary in other countries varies for obvious reasons. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. 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.