bain consultant salary uk

Your email address will not be published. Bain Consultant Salary | What Could You Earn At Bain & Company? A Bain consultant salary is one of the most competitive in the management consulting industry. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. Well also take a look at the nature of the career path at Bain, as well as employee reviews. technique - and why do banks like it? View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . 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. These employees earn an average base salary of $165,000 a year to start. Bain & Company Salaries in Reading, OH | Glassdoor Bain & Co. consultants earn a lot less than bankers - eFinancialCareers But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Invalid empty value or special character. 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)! They will usually remain at that level for up to two years. Was this answer helpful? 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. PwC UK pays Consultants a nice 85,000/year. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. 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)! Download resume templates and watch in-depth, step-by-step resume advice videos. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Learn how much management consultants make based on the firm and their experience level. Management Consulting Salaries (2023) - Case Interview There is some polarity when it comes to work-life balance. 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! Management Consulting Salary At 12 Top Firms (2020 Update) 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). 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. Pay scales for consultants in England - British Medical Association 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. 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. 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. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. Some firms offer this as part of their standard package, while others dont. Bain & Company Salaries in Hurst, England | Glassdoor In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. We are a global consulting firm working with the worlds leading businesses to.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. 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. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 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, OTC Equity Derivatives Client Relationship Manager, 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. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. Average salaries for Bain and Company Consultant: [salary]. This equates to $116,000 in base salary and $53,000 in performance bonuses. These numbers are just starting salaries. Find Jobs ETR: Careers. My path to Bain has been interesting. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. That aims to maximize the chance of entering stage 2. How much do Bain & Company employees make? Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Download our full salary and bonus survey here. The figures are drawn from Management Consulted. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. The community relies on everyone sharing. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Salary Expectations at Top Consulting Firm from Graduate to Partner Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. 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. What does it take to be a Bain management consultant? A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. If you are overcoming hardships, we wanna help! Masters level hires at Bain get a housing allowance of up to $5,000, PTO vacation of 20 days per year, $5,000 for relocation. 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. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Read Jonathan Paul's full story! The Average Salary of a Consultant at McKinsey, Bain or BCG in London Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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! Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. And the Brain brand is very strong. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. 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 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. Learn how much management consultants make based on the firm and their experience level. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. . 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. ), 2023 eFinancialCareers - All rights reserved. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.8, fairly clear and guaranteed what the floor will be. Why consulting? He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. For new MBA graduates basic salaries are between 80,000 and 90,000. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP 4,697, with a range from GBP 1,367 - GBP 16,140. OneDay @BCG Learn more Bain Manager Salary Managers at Bain design and oversee projects for clients. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Key factors include education/certification, work experience & seniority, and each employees personal profile. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. Masters-level graduates get offered around $112,000 in base salary at Bain. Specialist, Consulting Programs. 2021 local clinical excellence awards (LCEAs) The single unit for awards granted between 1 April 2018 and 31 March 2022 is now valued at 3,092. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. At the time, I wondered why other companies hadnt thought of this genius business strategy. 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. Only 1% of candidates receive consulting offers from Bain & Company. We can help you get your desired MBB consulting offer. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. The community relies on everyone sharing. Holy crap. 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. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. In this article, lets find out and compare Bain salaries across different positions in 12 countries. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. Contribute Manager 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. Bain & Company Qa Consultant Salaries in Maldon | Glassdoor That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. All of those can add up to a nice sum, making competition for these roles extremely competitive. 20227 Monate. Signing bonuses across all three firms remain at $30,000. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. Bain & Company Consulting Practice Manager Salaries in Maldon, England There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Bonuses are typically based on individual performance at McKinsey, BCG, and Bain unless the consultant has only been at the firm for less than a year, in which case a standard amount if given to everyone at this level. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. The salary information is posted above, where we note an average base salary of $90,000. Bain looks for practical, leadership experience. 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. The estimated base pay is $159,610 per year. 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 & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. You can expect the salary progression of the top 3 firms to look similar to the chart below. 2022 salaries and bonuses for master's and undergraduate hires at elite consulting firms. Posted 02 Mar 2023. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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.

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