In this article, lets find out and compare Bain salaries across different positions in 12 countries. 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. A Bain consultant salary is one of the most competitive in the management consulting industry. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Salaries posted anonymously by Bain & Company employees in Reading, OH.
Management Consulting Salaries (2023) - Case Interview Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. How to Write Effective Consulting Resumes and Cover Letters, free interview prep material in your inbox, Sign-up to MBB Case Interview Prep Course.
Get a free, personalized salary estimate based on today's job market. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. We even created Excel templates and PowerPoint presentations. In terms of living costs and compared to the average salaries, countries like Germany come out on top. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Again, there are some nuances when it comes to perks for MBA and PhD hires. The community relies on everyone sharing. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 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.
Careers at Bain & Company | Bain & Company Bain & Company Bain Associate Consultant Salaries in West Drayton Required fields are marked *. 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. Join 90,000+ on the #1 consulting prep channel! Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. But an increasing number of boutique firms are appearing on the stage with traditional players. Overall, our data shows that there isnt much difference in compensation between firms. Read what they think about their salaries on our Compensation FAQ page for , 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 consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. To improve your skills in all areas of the interview, check out our targeted offers below. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey.
Bain & Company Salaries in Reading, OH | Glassdoor The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Managers at Bain design and oversee projects for clients. Your email address will not be published.
Bain & Company Salary (2020) | MConsultingPrep Learn how much management consultants make based on the firm and their experience level. The Bain salary in other countries varies for obvious reasons.
Bain & Company It Consultant Salaries in Crawley | Glassdoor I was going to help people solve problems. Office: Washington, D.C. Boston Consulting Group (BCG) Total compensation: up to US$206,250 Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Industry Sector . Average salary for Bain & Company Qa Consultant in Maldon: 55,861.
McKinsey vs BCG vs Bain vs Big 4 (Deloitte, EY, KPMG - MBA Crystal Ball Thats not to mention all the add-ons. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. 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 Salaries in Hurst, England | Glassdoor agree, these aren't close to the actual salaries you earn (particularly at the senior levels). bain consultant salary uk.
Job Search | Bain & Company, Inc. The figures are drawn from Management Consulted. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. 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. 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. 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. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. Average salary for Bain & Company Management Consultant in Maldon: 96,081. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. My path to Bain has been interesting. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). He published his book The 1%: Conquer Your Consulting Case Interview in January 2023.
Bain & Company Qa Consultant Salaries in Maldon | Glassdoor In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. Its also possible to get a relocation bonus of $8,000 if youre coming from under 400 miles away and $16,000 if youre coming from more than 400 miles away. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Florian spent 5 years with McKinsey as a senior consultant. Holy crap. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000.
Pavel Mkhitarian - Consultant - Bain & Company | LinkedIn The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. Contact:sbutcher@efinancialcareers.comin the first instance. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). 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. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 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. 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.
These are the 13 Consulting Firms Paying MBAs More than US$200,000 a During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. While MBB firms froze salaries, they offered other perks, and there are some differences here. 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.
Marleen F. - Associate Consultant - Bain & Company | LinkedIn In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). 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. Lets take a look at how the Bain consultant salary varies by role.
Here's how much you'll make at McKinsey, Bain and BCG in the U.S. - UK Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Know Your Worth. 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. 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. Was this answer helpful? This equates to $116,000 in base salary and $53,000 in performance bonuses.
Find Events - Recruits Portal - Bain & Company Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. 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. These employees earn an average base salary of $165,000 a year to start. ), and one-time work-from-home bonuses have become more common. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. 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.
Jobs in United Kingdom | Careers | Boston Consulting Group - BCG 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.
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