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. OneDay @BCG Learn more Jonathan Paul, Associate Consultant #atBain Office: Washington, D.C. Consulting salary grows at 5 percent annually on average. 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. 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. Strategy consulting firms spent a lot on pay. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. My path to Bain has been interesting. At Bain, we champion the bold to achieve the extraordinary. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. 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). 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Management Consultant. Lets take a look at how the Bain consultant salary varies by role. Until this year, however, pay at the big consulting firmshad been climbing. 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. Greenwich Partners, London, Vereinigtes Knigreich Job: Bewerben Sie sich fr Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, Vereinigtes Knigreich. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Know Your Worth. Was this answer helpful? Well also take a look at the nature of the career path at Bain, as well as employee reviews. 3 salaries for 3 jobs at Bain & Company in Reading, OH. 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)! We even created Excel templates and PowerPoint presentations. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. 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. ), 2023 eFinancialCareers - All rights reserved. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. Consultant Bain & Company Mrz 2023-Heute1 Monat Zurich, Switzerland Seed Investor Xinterra Jan. 2022-Heute1 Jahr 3 Monate Singapore Xinterra's purpose is to create materials faster and more. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. 715 salaries for 117 jobs at Bain & Company in Hurst, England. Average salary for Bain & Company Management Consultant in Maldon: 96,081. McKinsey and BCG pay 90,000 and 93,000 respectively. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. 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. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. There is also some variance over the size of relocation packages, with Bain being the most generous. technique - and why do banks like it? Yet, top performers can rise to $220,000 at the high end. 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. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. 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. 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;. The community relies on everyone sharing. Boston Consulting Group (BCG) Total compensation: up to US$206,250 All of those can add up to a nice sum, making competition for these roles extremely competitive. 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. This is comparatively high compared to graduate salaries in most other fields. 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)! Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. 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 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. 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. Salaries posted anonymously by Bain & Company employees in Reading, OH. The discrepancy is almost certainly down to the fact that strategy consultants like Bain employ an evenlarger proportion ofjunior staff than investment banks do. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. Generally, the bonus is normally distributed. 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. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Contribute Manager 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. technique - and why do banks like it? A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! Get a free, personalized salary estimate based on today's job market. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Average salaries for Bain and Company Consultant: [salary]. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Salary negotiation is highly unlikely at these levels. 2021-Apr. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. A comprehensive guide to Bain & Company Salary in 2020! The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. What does it take to be a Bain management consultant? . This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. Managers at Bain design and oversee projects for clients. "Andrea Orcel is an excellent banker but his pay rise is extreme". But compensation is competitive from the beginning. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. This is comparatively high compared to graduate salaries in most other fields. 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. Salary 28.00ph - 38.00ph +holiday pay . Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. Bain Associate Consultants in the US can make up to $242,000 each year, with $175,000 from base salary, $37,000 from bonuses, and $30,000 from shared profits. ramona car accident sunday; mountain meadows subdivision MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. These employees in the US earned an average base salary of $165,000 a year. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. 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. Consultant $202K. He ranks as the most successful consulting case and fit interview coach, generating more than 420 offers with MBB, tier-2 firms, Big 4 consulting divisions, in-house consultancies, and boutique firms through direct coaching of his clients over the last 3 years.

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