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. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. The exact size of this payment is driven by the role and distance of the relocation. Manager $268K. Though the full bonus isnt guaranteed. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. 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. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Deloitte Consulting in the UK pays its consultants 91,000. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. 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. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. This article is updated annually. 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. Again, there are some nuances when it comes to perks for MBA and PhD hires. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. The article did not discuss the specific tiles that each of the three firms uses. Our model gets smarter over time as more people share salaries on Glassdoor. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. 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. All of those can add up to a nice sum, making competition for these roles extremely competitive. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. Adjustment?McKinsey & Company Bain & Company Boston Consulting Group, Rare to see folks who worked at both firms, but would appreciate comparison around opportunities (across practice areas), top end compensation and exits in McKinsey and Bain, India. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given 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). 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! Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. f you want to work for thetop three consulting firmsthen theres not much in it. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. But an increasing number of boutique firms are appearing on the stage with traditional players. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. 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. 20227 Monate. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. These aren't remotely accurate and aren't even the correct job titles. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 73% of these revenues were spent on pay. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. McKinsey interviews (2023): the comprehensive insider guide, How to interpret charts and data in case interviews, McKinsey Personal Experience Interview: comprehensive insider guide, Case interview examples (2023): a collection from McKinsey and others, McKinsey Solve Game (2023): How to prepare and ace the Imbellus, 2023 | Contact: +43 6706059449 | In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. For new MBA graduates basic salaries are between 80,000 and 90,000. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 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. 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)! out of network benefits, fertility benefits, best - culture is that people take their vacation. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. 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. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Masters-level graduates get offered around $112,000 in base salary at Bain. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Have a confidential story, tip, or comment youd like to share? Based on 1 salaries posted anonymously by Bain & Company Consulting Practice Manager employees in Maldon, England. Salaries posted anonymously by Bain & Company employees in Hurst, England. Read Jonathan Paul's full story! Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Overall, if you want to work for thetop three consulting firmsthen theres not much in it. However, top partners can make $1M+ or more comp at this level is variable, with the biggest factor being the amount of work you sell. Well also take a look at the nature of the career path at Bain, as well as employee reviews. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? Salary also varies by location, and there can be stark differences from one country to the next. Was this answer helpful? 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 -. Bain & Company Salaries trends. Help make it more accurate by adding yours. OneDay @BCG Learn more Only 1% of candidates receive consulting offers from Bain & Company. 2022 salaries and bonuses for master's and undergraduate hires at elite consulting firms. Industry Sector . These employees earn an average base salary of $165,000 a year to start. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. My path to Bain has been interesting. Management Consultant. 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. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. Each firm has a set base salary at a given entry point and decides the entry point based on the candidates experience and interview performance. Learn how this feature works. 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 Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. 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). But compensation is competitive from the beginning. Looking for the best preparation to ace your case interviews? Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Some firms offer this as part of their standard package, while others dont. 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. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. 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. 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. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Your email address will not be published. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. 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. But theres no single answer to the question of what a Bain salary is, of course. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. Contact:sbutcher@efinancialcareers.comin the first instance. 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. 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. While MBB firms froze salaries, they offered other perks, and there are some differences here. In 2021, all three BBM firms were only paying $90k salaries. Join 90,000+ on the #1 consulting prep channel! We can help you get your desired MBB consulting offer. 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). The salary information is posted above, where we note an average base salary of $90,000. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. There is also some variance over the size of relocation packages, with Bain being the most generous. 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. 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. The figures are drawn from Management Consulted. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor.