Let us know if you spot any inconsistencies in our data. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. We even created Excel templates and PowerPoint presentations. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. bain consultant salary uk. 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. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. The only big difference was that McKinsey doubled the threshold of its maximum performance bonus to $30,000. Required fields are marked *. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Looking for the best preparation to ace your case interviews? Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! 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. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. At Bain, we champion the bold to achieve the extraordinary. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Each promotion to a higher level will also coincide with a salary leap. 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. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. 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. 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. 715 salaries for 117 jobs at Bain & Company in Hurst, England. 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 | MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. 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. If you are thinking of applying to McKinsey, BCG or Bain, make sure to sign up to our newsletter and receive free interview prep material in your inbox. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Read Jonathan Paul's full story! Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. 2022 MConsultingPrep | Intellectual Property protected by DMCA. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Accounts recently filed by Bain & Co. Inc.for the year ending December 2020 show that Bain's UK entity earned243m($327m) in revenues last year, up from 198m in 2019. 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! Extraordinary Outcomes. 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. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. 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. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. These aren't remotely accurate and aren't even the correct job titles. Total Pay Range Consultant 167 Salaries submitted 112,914 95,729 | 22,406 96K - 125K Associate Consultant 144 Salaries submitted 58,000 52,668 | 7,778 54K 64K Senior Associate Consultant 57 Salaries submitted 76,736 65,469 | 12,000 70K 81K Add your salary. My path to Bain has been interesting. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. 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. 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. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. Your email address will not be published. A Bain associate principal salary sits at around $275-to-$350,000, while Bain partner salary prospects start at around $375,000 and go up to $500-to-$700,000 for a senior partner with potential bonuses of over $500,000. Read Jonathan Paul's full story! Plus sample case and fit interview videos. Average salary for Bain & Company Management Consultant in Maldon: 96,081. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. How much do consultants at McKinsey, BCG, and Bain make (in USD)? Find thousands of job opportunities by signing up to eFinancialCareers today. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. f you want to work for thetop three consulting firmsthen theres not much in it. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. Related Searches:All Consultant Salaries|All Bain & Company Salaries. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. Senior Associate Consultant $137K. In this article, lets find out and compare Bain salaries across different positions in 12 countries. 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. Yoeun Yoon Senior Manager Seoul Vicky Sun Manager Beijing Annie Medaglia Associate Partner Washington, DC Jake Mitchell Consultant San Francisco SEE MORE PROFILES Bold Thinking. Some receive only 10% of the potential payout. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. bain consultant salary ukrestoration companies near paris. 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! The community relies on everyone sharing. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. Get a free, personalized salary estimate based on today's job market. Only 1% of candidates receive consulting offers from Bain & Company. This equates to $116,000 in base salary and $53,000 in performance bonuses. ), 2023 eFinancialCareers - All rights reserved. Key factors include education/certification, work experience & seniority, and each employees personal profile. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. A Bain consultant salary is one of the most competitive in the management consulting industry. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Find Jobs ETR: Careers. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Consulting salary grows at 5 percent annually on average. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. We offer exciting career opportunities in a broad array of fields. Holy crap. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). 0 If there is any room for negotiation it will be with the sign-on bonus. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Bain only hires motivated, intelligent, creative, and highly competent people. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. This is comparatively high compared to graduate salaries in most other fields. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. The figures are drawn from Management Consulted. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. The salary growth itself is steep as you get promoted. New hires can expect relocation support payments between USD 2k and 10k. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. 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. 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

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