bain consultant salary uk

Get a free, personalized salary estimate based on today's job market. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. The exact size of this payment is driven by the role and distance of the relocation. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. How much do Bain & Company employees make? Accounts recently filed by Bain & Co. Inc. for the year ending December 2020 show that Bain's UK entity earned 243m ($327m) in revenues last year, up from 198m in 2019. Additional pay could include bonus, stock, commission, profit sharing or tips. Only 1% of candidates receive consulting offers from Bain & Company. Posted 02 Mar 2023. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Bain Manager Salary Managers at Bain design and oversee projects for clients. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. 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. Thats not to mention all the add-ons. 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! Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. The salary information is posted above, where we note an average base salary of $90,000. ), and one-time work-from-home bonuses have become more common. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Being a shareholder in the partnership obviously comes with benefits on their own. Know Your Worth. Unlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. 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. Find out what salary you could earn at Bain & Company after an MBA or masters degree. But compensation is competitive from the beginning. The discrepancy is almost certainly down to the fact that strategy consultants like Bain employ an evenlarger proportion ofjunior staff than investment banks do. 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. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. The most effective case book has arrived! Bain looks for practical, leadership experience. 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. 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. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. Related Searches:All Consultant Salaries|All Bain & Company Salaries. Generally, the bonus is normally distributed. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Key factors include education/certification, work experience & seniority, and each employees personal profile. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. Contribute Manager 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. The median compensation package totals $185K. Bain only hires motivated, intelligent, creative, and highly competent people. 20227 Monate. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . Senior Associate Consultant $137K. Florian spent 5 years with McKinsey as a senior consultant. Closes 30 Mar 2023 Ref HW/15450 Job Title EA. I was going to help people solve problems. They are very generous with top performers towards the top percentage of the cohort, so the average total compensation over a typical three year period may be higher for top performers at Bain versus other firms. Yet, top performers can rise to $220,000 at the high end. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Bain Principals and Partners in the US can make up to $1,000,000 each year, with $400,000 from base salary, and $600,000 from bonuses. Learn how much management consultants make based on the firm and their experience level. Well also take a look at the nature of the career path at Bain, as well as employee reviews. 2023 eFinancialCareers - All rights reserved, The 2021 salary report from industry coaching firm. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 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). Salaries posted anonymously by Bain & Company employees in Reading, OH. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. The salary growth itself is steep as you get promoted. Lets take a look at how the Bain consultant salary varies by role. Master's-level graduates get offered around $112,000 in base salary at Bain. The community relies on everyone sharing. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. 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. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Read Jonathan Paul's full story! The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Find Jobs ETR: Careers. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. The estimated base pay is $159,610 per year. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Lets compare the entry level salaries between both countries. CaseCoachs Interview Prep Course includes all the video lectures, sample interviews, case material, and practice tools you need. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. Learn how much management consultants make based on the firm and their experience level. The estimated additional pay is $85,928 per year. Required fields are marked *. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. They will usually remain at that level for up to two years. 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. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. These employees earn an average base salary of $165,000 a year to start. Its also possible to get a relocation bonus of $8,000 if youre coming from under 400 miles away and $16,000 if youre coming from more than 400 miles away. Apply today for the Associate Consultant Athens 2023 with Bain & Company. 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. After two years as a Consultant, employees who remain with the company and perform well are promoted to Case Team Leader for another two years. Bain's consultant salary in the UK is the highest out of the three at 97,000. 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. An undergrad may earn $88,000 base salary and an MBA full-timer $165,000. This is comparatively high compared to graduate salaries in most other fields. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. Help make it more accurate by adding yours. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. Jonathan Paul, Associate Consultant #atBain We even created Excel templates and PowerPoint presentations. A Bain consultant salary is one of the most competitive in the management consulting industry. 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. 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. If you are overcoming hardships, we wanna help! .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. How much do Bain & Company employees make? Youll build a powerful network in the process. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" 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. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. You can expect the salary progression of the top 3 firms to look similar to the chart below. A comprehensive guide to Bain & Company Salary in 2020! MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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.

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