The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. Consulting salary grows at 5 percent annually on average. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Their salaries typically start at 55,000 and can be as high as 65,000. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. 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. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. Industry Sector . 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. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. 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. 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. These aren't remotely accurate and aren't even the correct job titles. 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 -. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Based on 1 salaries posted anonymously by Bain & Company Consulting Practice Manager employees in Maldon, England. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. This is a breakdown of management consulting salaries in 2022. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. The Bain salary in other countries varies for obvious reasons. The highest-paying job at Bain & Company is a Partner with a salary of $527,574 per year. Have a confidential story, tip, or comment youd like to share? The cost of living also balances things a bit, as cost of living in the UK is 7% cheaper, with rents in particular 30% cheaper than they are in the US. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Help make it more accurate by adding yours. Generally, the bonus is normally distributed. 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. We even created Excel templates and PowerPoint presentations. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. There is some flexibility to this schedule in comparison with some other top consulting firms. The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. 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. 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. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. Additional pay could include bonus, stock, commission, profit sharing or tips. For new MBA graduates basic salaries are between 80,000 and 90,000. ), and one-time work-from-home bonuses have become more common. 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. My path to Bain has been interesting. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Contribute Manager Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Well tell you how much you can expect as an entry-level employee. 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. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. If there is any room for negotiation it will be with the sign-on bonus. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. 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. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. Holy crap. Salary 28.00ph - 38.00ph +holiday pay . This is comparatively high compared to graduate salaries in most other fields. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Download our full salary and bonus survey here. 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. Related Searches:All Consultant Salaries|All Bain & Company Salaries. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy consulting firms. Competition for talent is high, and it has driven salaries up. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Each promotion to a higher level will also coincide with a salary leap. 0 And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Required fields are marked *. Posted 02 Mar 2023. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. 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. 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. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. How to Write Effective Consulting Resumes and Cover Letters, free interview prep material in your inbox, Sign-up to MBB Case Interview Prep 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 The estimated additional pay is $85,928 per year. 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. This is comparatively high compared to graduate salaries in most other fields. 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. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Entdecken Personen E-Learning . 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. 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. Bain Manager Salary Managers at Bain design and oversee projects for clients. 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. Its on the level of McKinsey or an Ivy League 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. 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.