bain consultant salary uk

Bain & Company Salaries in London | Glassdoor The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. 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. How to Break into Consulting with a PhD or Advanced Degree This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? 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;. Bain only hires motivated, intelligent, creative, and highly competent people. bain consultant salary uk Business school grads turned Bain consultants interviewed by BusinessBecause have praised Bains exciting work culture, but say work-life balance can be challenging: Michele Valente, HKUST Business School MBA: Find out if consulting is what you really want to do. Manager $268K. 2022 MConsultingPrep | Intellectual Property protected by DMCA. In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. Being a shareholder in the partnership obviously comes with benefits on their own. Management Consultant Salary UK 2023| PrepLounge.com 8 full cases with solutions (incl. Masters-level graduates get offered around $112,000 in base salary at Bain. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Salary: Bain Strategy Consultant in London, UK 2023 Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Meet Shah - Associate Consultant - Bain & Company | LinkedIn The estimated additional pay is $85,928 per year. Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. 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. Salary also varies by location, and there can be stark differences from one country to the next. These employees in the US earned an average base salary of $165,000 a year. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The Bain salary in other countries varies for obvious reasons. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Help make it more accurate by adding yours. Bain Manager Salary Managers at Bain design and oversee projects for clients. However, if you have a good rationale for requesting a sign-on bonus you should ask. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Management Consulting Salary At 12 Top Firms (2020 Update) 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. Anonymously share your salary to help the community, Averages based on self-reported salaries. 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. 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 Salaries trends. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 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). Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. Learn more Apply Now Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. We are a global consulting firm working with the worlds leading businesses to.css-epvm6{white-space:nowrap;} More, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Entdecken Personen E-Learning . How to Decide Between Bain and McKinsey When you have the good fortune of deciding between two offers at top consulting firms, there's really no wrong choice. ramona car accident sunday; mountain meadows subdivision 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. 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. As well as Bain consultant salary benefits, careers at Bain come with many perks. This is comparatively high compared to graduate salaries in most other fields. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Audience: All students Location: Statler 185 Learn More Mar 06 Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. There is also some variance over the size of relocation packages, with Bain being the most generous. Holy crap. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk Two-to-three years out of an MBA program, Bain manager salary prospects are around $220-to-$240,000 in base salary and $100-to-$140,000 in bonuses. Bain & Company It Consultant Salaries in Crawley | Glassdoor Participating in these programs will help you build connections and increase the likelihood of receiving an interview. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Average salary for Bain & Company Management Consultant in Maldon: 96,081. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Average salary for Bain & Company Consultant I in Crete: US$192,000. Learn about the award and see why employees love working at Bain. 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. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? 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. Jonathan Paul, Associate Consultant #atBain Office: Washington, D.C. Find Events - Recruits Portal - Bain & Company Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. Their salaries typically start at 55,000 and can be as high as 65,000. Eventually it will unless its offensive or libelous (in which case it wont. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. The average Bain Partner Salary is in the neighborhood of $322,000 per year! I was going to help people solve problems. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). This equates to $116,000 in base salary and $53,000 in performance bonuses. Averages based on self-reported salaries. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. 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. This article is updated annually. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. I was going to help people solve problems. out of network benefits, fertility benefits, best - culture is that people take their vacation. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Bain & Company Salaries trends. The comments below seem to miss the point that the salaries provided were for newly hired MBA/PhD students who just graduated. Ben Caine - Consultant - Bain & Company | LinkedIn Have a confidential story, tip, or comment youd like to share? 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. 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. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Job Search | Bain & Company, Inc. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. Hence, the maximum bonusis given only tothe few % of consultants with a perfect rating, whereas the majority receives around 40 to 60% of the maximum amount. McKinsey and BCG pay 90,000 and 93,000 respectively. 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. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. The salary growth itself is steep as you get promoted. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. FlashFash). Find Jobs ETR: Careers. Associate Consultant $118K. The exact size of this payment is driven by the role and distance of the relocation. Download our full salary and bonus survey here. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. 38 Bain And Company Jobs in India - LinkedIn Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. There is some flexibility to this schedule in comparison with some other top consulting firms. 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. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Bain & Company Management Consultant Salaries in Maldon, England Contact: sbutcher@efinancialcareers.com, Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. Why consulting? Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Careers at Bain & Company | Bain & Company Your email address will not be published. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. 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 Dubai, United. 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. Salary 28.00ph - 38.00ph +holiday pay . Salaries posted anonymously by Bain & Company employees in Reading, OH. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Overall, if you want to work for thetop three consulting firmsthen theres not much in it. Contact:sbutcher@efinancialcareers.comin the first instance. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Salary Expectations at Top Consulting Firm from Graduate to Partner But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Apply Today. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. 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. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Read Jonathan Paul's full story! Until this year, however, pay at the big consulting firmshad been climbing. 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. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor Forbidden characters: \. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. 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. 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. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Also, certain employees will earn a different actual base for a variety of reasons. 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 salary figures in this article are for those joining management consulting positions in 2023. 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. 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. Bain promotes top performers faster and rewards them better than at other firms. Bain & Company - Associate Consultant Athens 2023 Bain & Company Salaries How much do Bain & Company employees make? Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. The firm advises. 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. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. In 2021, all three BBM firms were only paying $90k salaries. Read what they think about their salaries on our Compensation FAQ page for , 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. Average salaries for Bain and Company Consultant: [salary]. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. That aims to maximize the chance of entering stage 2. Bain Management Consultant Salary | $126K-$288K+ | Levels.fyi OneDay @BCG Learn more Invalid empty value or special character. Plus sample case and fit interview videos. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. We can help you get your desired MBB consulting offer. Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst And if you happen to thrive in a challenging but supportive environment like Bains, you could easily see your Bain and Company salary rise to truly staggering figures as you advance along the promotion schedule. 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.