bain consultant salary uk
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 and Company Consultant Salaries | Glassdoor In this article, lets find out and compare Bain salaries across different positions in 12 countries. 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. 2022 MConsultingPrep | Intellectual Property protected by DMCA. Their salaries typically start at 55,000 and can be as high as 65,000. Bain & Company Consultant Salaries | Glassdoor Jonathan Paul, Associate Consultant #atBain Job Search | Bain & Company, Inc. Posted 02 Mar 2023. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. Find Jobs ETR: Careers. 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. If there is any room for negotiation it will be with the sign-on bonus. Salary Expectations at Top Consulting Firm from Graduate to Partner Bain promotes top performers faster and rewards them better than at other firms. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. Download our full salary and bonus survey here. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! That aims to maximize the chance of entering stage 2. Read Jonathan Paul's full story! 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Have a confidential story, tip, or comment youd like to share? The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. technique - and why do banks like it? Salaries posted anonymously by Bain & Company employees in Reading, OH. The consulting industry has been booming in recent years, and going hard after top talent. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. 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. Thats not to mention all the add-ons. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Join 90,000+ on the #1 consulting prep channel! Bain & Company Salaries trends. The guide to pay at Bain, McKinsey, BCG and the Big Four All of those can add up to a nice sum, making competition for these roles extremely competitive. At this level, youre expected to leverage your professional network to bring in clients. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. My path to Bain has been interesting. Learn how much management consultants make based on the firm and their experience level. 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. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. These employees in the US earned an average base salary of $165,000 a year. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. Read more about Consulting Salaries For MBA & Masters Graduates. 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. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. The average Bain Partner Salary is in the neighborhood of $322,000 per year! 73% of these revenues were spent on pay. 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. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Pavel Mkhitarian - Consultant - Bain & Company | LinkedIn Bain & Company Management Consultant Salaries in Maldon 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 wants to know what impact youve made in your role, rather than what youre responsible for. 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. McKinsey and BCG pay 90,000 and 93,000 respectively. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Competition for talent is high, and it has driven salaries up. Bain & Company Salaries in London, United Kingdom | Glassdoor They will usually remain at that level for up to two years. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. 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. Get a free, personalized salary estimate based on today's job market. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. MBA hires at Bain get PTO vacation of 25 days per year. The most effective case book has arrived! 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. Bain & Company Qa Consultant Salaries in Maldon | Glassdoor While MBB firms froze salaries, they offered other perks, and there are some differences here. Bain & Company Salaries in Reading, OH | Glassdoor 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. 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. To apply for jobs at Bain, you'll need to submit the following items, plus any requirements specific to the office youre applying for: resume/CV; educational background information; work experience; relevant test scores. 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. 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. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. 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). The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. bain consultant salary uk. 38 Bain And Company Jobs in India - LinkedIn While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. Bain salary progression is quite steep relative to the corporate world. Bain & Company - Associate Consultant Athens 2023 Closes 30 Mar 2023 Ref HW/15450 Job Title EA. Jobs in United Kingdom | Careers | Boston Consulting Group - BCG The salaries and compensation structure at McKinsey, BCG, and Bain (MBB) or at Tier 2 consultancies, or Big 4 such as PWC careers are relatively rigid with very little room for negotiation. The median compensation package totals $185K. Access all the online resources you need for success in your case and fit interviews. 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. This equates to $116,000 in base salary and $53,000 in performance bonuses. Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn On top of that, employees are eligible for up to $41,250 in performance bonuses. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). 2023 eFinancialCareers - All rights reserved, The 2021 salary report from industry coaching firm. Deloitte Consulting in the UK pays its consultants 91,000. Eventually it will unless its offensive or libelous (in which case it wont.). Junior partners or non-equity partners would make USD ~350k and young partners start at around USD 700k per year, both with more than 50% of their salary being variable based on a combination of their performance and their firms performance. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. 20227 Monate. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Associate Consultant Bain & Company Dec 2022 - Present4 months Article Trainee KNAV Sep 2019 - Sep 20223 years 1 month Mumbai Education The Institute of Chartered Accountants of India - 2018 -. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. 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. Bain looks for practical, leadership experience. What is average salary increase yearly in top consulting firms? Sabine Neuhaus - Consultant - Bain & Company | LinkedIn Know Your Worth. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. There is also some variance over the size of relocation packages, with Bain being the most generous. 1996-2023 Bain & Company, Inc. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. These are the 13 Consulting Firms Paying MBAs More than US$200,000 a The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. How to Break into Consulting with a PhD or Advanced Degree Being a shareholder in the partnership obviously comes with benefits on their own. At McKinsey, the figure remains at $45,000. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. Zurich, Switzerland . 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. FlashFash). Investment associates x 2 , European Private Equity Fund - MBA level What does it take to be a Bain management consultant? Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. 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. This is comparatively high compared to graduate salaries in most other fields. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. 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. 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. 28 emails packed with tips. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. If this is accepted, do not expect more than a few percents of your base salary, but you should also be ready for your request to be declined. And the Brain brand is very strong. The salary trajectory of a Consultant ranges between locations and employers. To improve your skills in all areas of the interview, check out our targeted offers below. Required fields are marked *. A comprehensive guide to Bain & Company Salary in 2020! Bain & Co. consultants earn a lot less than bankers - eFinancialCareers In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Find thousands of job opportunities by signing up to eFinancialCareers today. MBA, PhD Grads Can Make $200,000 at These 15 Consulting Firms Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Jonathan Paul, Associate Consultant #atBain Bain only hires motivated, intelligent, creative, and highly competent people. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. These aren't remotely accurate and aren't even the correct job titles. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. From here, two years reflects the average amount of time spent in each level before employees climb to each of the following ranks: Manager, Principal, and finally Partner. Healthcare M&A Associate - Leading Elite Boutique IB, Analyst/Associate, Infrastructure M&A and Debt Advisory, "Andrea Orcel is an excellent banker but his pay rise is extreme". Holy crap. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. The Average Salary of a Consultant at McKinsey, Bain or BCG in London Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Finally, the competition for top talent in the US is more pronounced, as Bain competes with Silicon Valley, Wall Street, and other top consulting firms to keep its talent pipeline full. Our model gets smarter over time as more people share salaries on Glassdoor. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 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;. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Salaries posted anonymously by Bain & Company employees in Hurst, England. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? Strategy consulting firms spent a lot on pay. Lets compare the entry level salaries between both countries. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). Related Searches:All Consultant Salaries|All Bain & Company Salaries. 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. Entdecken Personen E-Learning . Was this answer helpful? Learn how much management consultants make based on the firm and their experience level. Extraordinary Outcomes. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Until this year, however, pay at the big consulting firmshad been climbing. 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.
Linda Dessau Political Party,
The Grizzlies Lacrosse Team,
How To Adjust Centre Pivot Velux Windows,
Amber Louise Kuykendall,
Fallon Feedlot Horses,
Articles B