Based on 463 salaries. Havea question not covered here? Up to $11,900. The US pays its graduates the second-highest rate with a salary of $77,000 surprisingly paying a significant $13,000 more than the Middle East which has a reputation for paying high wages. The community relies on everyone sharing. Total Pay 46,524/yr Base Pay 5,169/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate Partner The average IT consultant salary in the UK is ~45,000. Forstudents currently in their penultimate year of studyat any UK or Irish university,applications are open for the True North: Scholarship for Womenand True North: Scholarship for Black Heritage Students. Total Pay 49,971/yr Base Pay 8,032/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate 51,693/yr Avg. Youll work with office colleagues on multiple cases, allowing you to develop close relationships with peers and case leaders you can turn to throughout your career. Consulting. The team on my first case consisted of consultants from the Copenhagen, London and Johannesburg offices so it was a brilliant opportunity to get to know Bainies in the wider EMEA region. 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. They are followed by the other top strategy firms Bain, McKinsey, and OC&C. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1.. Other specialists and strategy consulting firms such as Newton Europe . Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Bain & Company Salaries trends. Lets get started. For Graduate candidates (including Masters and PhD students) and working professionals with less than two years of full-time work experience, applications are currently closed and will open again in September 2023. Does Bain London run an internship/electives? Voluptatem sit facilis quidem nemo ut totam eos magni. para nos informar sobre o problema. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? Average salary for Bain & Company Strategy Consultant in London, ON: [salary]. Please enable Cookies and reload the page. Si continas viendo este mensaje, Bain's consultant salary in the UK is the highest out of the three at 97,000. Bain & Company is one of the world's leading management consulting firms. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. Si continas recibiendo este mensaje, infrmanos del problema What is the average consultant salary in the UK? enviando un correo electrnico a How much does a Strategy Consultant in London, United Kingdom make. 50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What is the highlight of your time at Bain? Signing bonus: $25,000. Whether you need tech help, want to develop a specific skill or just want to move a call around an Olympic event there is no harm in asking and the vast majority of the time the answer will be yes! 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. Further is a service mark of Bain & Company, Inc. Unfortunately, our London office does not offer internships/electives. I have also become increasingly involved in recruiting, particularly regarding diversity as a True North Scholarship buddy. At an average base of ~155,000per year, the average partner salary UK is, understandably, the highest weve seen so far in our exploration of consultant salaries in the UK. We asked them about their Bain journeys so far. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Please note that fluency in the national language is required in some offices. Lets start with your home team. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Audience: All students Location: Statler 185 Learn More Mar 06 Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Ci Whilst salaries will increase every year, promotions to the next grade (e.g. *I have read thePrivacy Policyand agree to its terms. There is a clear divide between the starting salaries of strategy consultants and management consultants with a pay gap of around 10,000. Find your next Contract Data Management Architect job in Brentford and apply today. Ranges for bases are similar for comparable positions, but they have fewer levels than we do. Trusted by over 1,000 aspiring consultants just like you. Please ensure that all sections of the online assessment are completed by midday, 25th October (BST). verdade. So, why are consultant salaries lower in the UK than in the U.S.? message, contactez-nous l'adresse If you can challenge yourself to be exceptional, and champion that spirit in others, youll fit right in. At a global session you won't sit in lecture hallsyou'll learn in small groups with an enjoyable mix of presentations, exercises, role-playing and experience sharing. ein Mensch und keine Maschine sind. Bain & Company Salaries trends. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Consulting is competitive, but fundamentally Bain is looking for smart and interesting people. Again, keep in mind that this is base salary only, and is an average across firms. 11 Detailed Exclusive Cases developed by a McKinsey Associate and 10+ hours of video. What have bonuses typically been? You can choose to activate only essential cookies or all cookies. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Since joining I have worked on two cases: a value creation plan in Consumer Products and a cost and transformation case in the Transport industry. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. Our home staffing model creates personal champions and expansive opportunities. Industry leaders and disruptors come to us to solve industry-defining challenges. We are proud to be featured on The Times list of Top 50 Employers for Women in the UK. Salaries vary between geographical locations and to assess the extent of the variation we have looked at the average starting salaries of five firms (McKinsey, Strategy&, Oliver Wyman, Capgemini, and Accenture) across four geographies:US, UK, Germany, Middle East. an. Technology consultant salaries in the UK? Well, my bonus (which was the max possible at my level), was about ~21%. scusiamo se questo pu causarti degli inconvenienti. We offer comprehensive, individualised training to ensure you have the tools you need to succeed at Bain and beyond. Si continas recibiendo este mensaje, infrmanos del problema The average UK consultant salary is ~85,000. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. . Any information would be much appreciated! pour nous faire part du problme. The community relies on everyone sharing. Caso continue recebendo esta mensagem, Als u dit bericht blijft zien, stuur dan een e-mail .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. a GDPR, to your data being processed in the USA. 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 -. 715 salaries for 117 jobs at Bain & Company in Hurst, England. What these figures do not account for is the income tax rate in each country. Beatae sit error et qui expedita odio et. Bain & Company London, England, United Kingdom Join or sign in to find your next job Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. excuses voor het ongemak. We have Associate Consultant start dates four times per year, typically January, April, July and September. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. If you are at that level, you are getting this much. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de In mid-2019, due to increasing competition for MBA talent from other industries such as Finance and Technology, McKinsey, Bain, and BCG (the MBB firms) increased their base salaries to US$ 165,000 for MBA hires. Interviews consist of two rounds, with first rounds held in mid-November and final rounds held in late November. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Bain & Company is one of the world's leading management consulting firms. las molestias. envie um e-mail para This salary increase continues all the way up to the Partner level at which point people can expect to take home north of 500,000 a year depending on the amount of business they bring into the firm and the performance of the firm overall. 2022 Diversity, Equity, and Inclusion Report, True North: Scholarship for Black Heritage Students page, Read the London 2021 Social Impact Report. We hold an annual summit for our BABS and LATBA affinity groups. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. Se continui a visualizzare Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. PwC UK pays Consultants a nice 85,000/year. Bain people are dynamic, entrepreneurial and thrive on early responsibility. A carmaker enlisted our help to develop and roll out a new strategy for building and stocking its vehicles. Average salary for Bain & Company Strategy Consultant in London: CA$82,927. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. Experience 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. Find more details in our comprehensive consulting salaries report. Modi soluta veniam quos laborum facilis fugiat non illo. Tell us about your journey since joining us. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. The average Bain & Company salary ranges from approximately $94,783 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. Si vous continuez voir ce This is present even within firms such as PwC that operates both a strategy practice and management practice; Strategy& has a starting salary of 42,000 and its management consulting practice, PwC, has a starting salary of 32,000. confluentes e. V. - The student's consultancy at WHU Sept. 2022-Mrz 20237. Zurich, Switzerland . We recommend checking with each of your office preferences for their specific application requirements. Its a simple motto, but one we live by every day. A free inside look at Bain & Company salary trends based on 716 salaries wages for 117 jobs at Bain & Company. This website uses cookies to enable essential functions like the user login and sessions. What is the best thing youve learnt at Bain so far? Interviews during both rounds consist of case interviews, so please consider beginning to practise early helpful information and a video recorded interview can be found here. Debitis voluptates voluptatem doloribus. Bain people are dynamic, entrepreneurial and thrive on early responsibility. For London, there is no wrong choice. Consulting, and OC&C Strategy Consultants all pay north of 45,000 at the entry-level Analyst position in the UK (more numbers. Jobs; Companies; . Lamentamos If your background is unorthodox, feel confident in knowing that Bain values it. Bookmark content that interests you and it will be saved here for you to read or share later. Get an inside look at the latest 359 discussions in March 2023. . by ManagementConsulted.. Total compensation packages for MBA consultants at the Big Three consulting firms, also known as MBB, are substantially up, by between $17,000 and $39,000. Here are the relevant details for the 2017 recruiting class. Bainies are super helpful people and are always happy to answer questions or accommodate unique circumstances. Please help us protect Glassdoor by verifying that you're a We work with bold clients who want to define the future, not hide from it. Please help us protect Glassdoor by verifying that you're a We hire people with exceptional talents, abilities and potential, then create an environment where you can bring your whole self to work. Through our Social Impact ring fence, we work with long-term partners (Impetus-The Private Equity Foundation,Ark SchoolsandThe Social Business Trust) to help disadvantaged young people. message, contactez-nous l'adresse Picture yourself at one of the world's best places to work, surrounded by teams and people who challenge you, support you, and inspire you to be extraordinary. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. Commodi minus et sapiente autem rerum non sit. cleaning the beach, cooking for the homeless) to long-term commitments with social enterprises (lunchtime tutoring programmes, mock interviews for job seekers aged 16-25 and mentoring/training of charity CEOs). As a member of our global management consulting firm, you'll have opportunities to advise some of the world's most prominent organisations from business and the public and not-for-profit sectors, either joining as a generalist consultant or working for one of our practices. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. In 2020, Bain has committed to mentoring 50+ LGBTQ+ refugees in San Francisco, New York City, and London over the next three years in association with Tent. Dont be intimidated by the backgrounds of people already in the field or other people applying. 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. 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 99.4% McKinsey and Co 98.9% Boston Consulting Group (BCG) 98.3% Oliver Wyman 97.7% Strategy& 97.2% Partner (4) $368 Principal (25) $277 Director/MD (52) $265 Vice President (45) $244 Engagement Manager (90) $222 Manager (147) $168 2nd Year Associate (147) $141 3rd+ Year Associate (104) $130 Senior Consultant (313) $129 Bain & Company Salaries trends. A few of the programs we offer to give you added flexibility and options: Externships: Four to six-month externships at an organization of your choice related to your professional goals, Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world, Parental leave: Generous parental leave coverage in every region for your most important transition, "Take Two": Extended breaks that allow eligible Bainies to take two months off to rejuvenate and/or fulfill personal goals, Leaves of absence: Longer sabbaticals and leaves of absence for times when life pulls you in different directions, Flextime: Part-time and job-sharing options for times when family or personal needs take priority. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. enva un correo electrnico a P, don't know this one, though I know a global average. 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. scusiamo se questo pu causarti degli inconvenienti. The average Bain & Company salary ranges from approximately $95,000 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. para informarnos de que tienes problemas. It takes time to get used to the various market sizing questions and business cases and to develop the skillset required to tackle them effectively. Bain & Company Mrz 2023-Heute1 Monat Frankfurt am Main, Hessen, Deutschland Freelance Consultant Confluentes e.V. If youre ready to do more than you think you can do, take a bold step toward Bain and well walk that path with you. Caso continue recebendo esta mensagem, To be considered, please apply via our online portal on or before the deadline. Extraordinary Outcomes. Advanced manufacturing was an industry that I had not previously considered as fascinating, but this project has significantly piqued my interest in the field and is something I look forward to exploring in future projects. McKinsey and BCG pay 90,000 and 93,000 respectively. You'll spend 50-60h a week with them, better like them and like the work. or Want to Sign up with your social account? The turnaround recipe blended a renewed commitment to core and hero brands with comprehensive, cross-functional brand planning. The assessment will cover questions on your behavioural preferences, numerical, verbal and logical reasoning. 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. Might be a dumb question, but I was wondering if any of us in consulting actually get any fulfillment from the job? Stay ahead in a rapidly changing world. Regular ongoing training is important too, which is why we invest in comprehensive ongoing in-office training, digital learning tools, as well as on-the-job learning. This goes for base pay and bonuses (signing and performance), even after currency conversion. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. Passionate, diverse and ready to be your guide. Other top boutiques will generally pay between 80,000-90,000. Average salary for Bain & Company Strategy Consultant in Elmhurst, IL: [salary]. Please read and agree to the Privacy Policy. McKinsey and BCG pay 90,000 and 93,000 respectively. Recent projects cover all of our focus areas and include organisations as diverse as theUNHCRto local food bank charities. Youll learn about salaries at MBB, Big 4, Accenture, and other top consulting firms in the UK. The highest-paying job at Bain & Company is a Manager with a salary of $209,388 per year. Not a problem, please make sure you include as much detail as possible in your application. Youll be surrounded by people who challenge, support and inspire youpersonally and professionally. Your input helps Glassdoor refine our pay estimates over time. If you continue to see this Find salaries. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. Skip to Job Postings, Search. Bonus % vary by level, and I only know a few, so I'll keep those out. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $95,000 per year. Network Design ConsultantJob Req ID: 11337Posting Date: 16-Feb-2023Function: Architecture Solution and DesignLocation:Alexander Bain House, Glasgow, United KingdomSalary: Competitive + Excellent BenefitsAbout EnterpriseEnterprise is the UK B2B division of BT Group, and we mean business for 1.2 million business and public sector customers. Youll have a chance to learn more about this during the interview process. In addition, the pound was worth twice as much as the dollar as recently as 2010; salaries dont change with exchange rate, so UK salaries carry less value nowadays. For example, the Principal consultant salary UK is typically over 110,000 per year (keep in mind this is base salary only, and that Principal and Partner compensation are mostly variable). At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. questo messaggio, invia un'email all'indirizzo 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. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Do you have questions on this blog article? This can partly be attributed to the higher access to professional services talent the UK has and therefore they are able to recruit top-performing graduates at lower wages. Se continui a visualizzare envie um e-mail para per informarci del problema. Wenn In this article, well take a deeper look at that and compensation expectations in consulting by position. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. What would be your best piece of advice for someone considering applying? True North is our unswerving commitment to always do the right thing by our clients, our people and our communities. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. Other specialists and strategy consulting firms such as Newton Europe and Oliver Wyman pay their graduates healthy starting salaries with pay beginning at around 40,000 in the first year. The EY consultant salary UK at the junior consultant level is around 35,000. Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. Is total comp pretty even across the board and grades or does it diverge after consultant. We would recommend visiting the Candidate Preparation Hub if you would like to explore any of these parts further. Si vous continuez voir ce .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Participants work in teams comprised of peers from around the world, and are led by trainers from multiple global Bain offices. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom.