bain consultant salary uk

bain consultant salary uk

Key factors include education/certification, work experience & seniority, and each employees personal profile. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. . While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. 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. Specialist, Consulting Programs. At McKinsey, the figure remains at $45,000. Can you make it happen? 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. OneDay @BCG Learn more 8 full cases with solutions (incl. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. They will usually remain at that level for up to two years. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. The management consulting industry: the free CaseCoach guide for candidates, What consultants at McKinsey, BCG and Bain actually do, Salary Expectations at Top Consulting Firm from Graduate to Partner, Why People Leave Management Consulting After Only 2-4 Years, Invalid special character. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Download our full salary and bonus survey here. Strategy consulting firms spent a lot on pay. 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. Know Your Worth. 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. I was going to help people solve problems. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. To improve your skills in all areas of the interview, check out our targeted offers below. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. What does it take to be a Bain management consultant? Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. 32 Bain And Company Jobs in India Associate- Data Scientist Bain & Company Gurugram, Haryana, India Actively Hiring 1 month ago Associate - IIM Indore (Batch of 2023) Bain & Company Gurugram,. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? Find out what salary you could earn at Bain & Company after an MBA or masters degree. That aims to maximize the chance of entering stage 2. In this article, lets find out and compare Bain salaries across different positions in 12 countries. Averages based on self-reported salaries. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. Looking for the best preparation to ace your case interviews? These aren't remotely accurate and aren't even the correct job titles. 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. Forbidden characters: \. 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. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Read more about Consulting Salaries For MBA & Masters Graduates. ramona car accident sunday; mountain meadows subdivision The figures are drawn from Management Consulted. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 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. 73% of these revenues were spent on pay. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. 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. BCG held its retirement contribution a $10,312, after a big hike in 2019 while Bain has kept its contribution steady at $8k. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Jonathan Paul, Associate Consultant #atBain Read Jonathan Paul's full story! 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! Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This equates to $116,000 in base salary and $53,000 in performance bonuses. The Bain salary in other countries varies for obvious reasons. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. 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. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. 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. Apply today for the Associate Consultant Athens 2023 with Bain & Company. Why consulting? Well tell you how much you can expect as an entry-level employee. Average salary for Bain & Company Consultant I in Valpo, IN: [salary]. The highest-paying job at Bain & Company is a Partner with a salary of $527,574 per year. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. 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. Get a free, personalized salary estimate based on today's job market. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. Performance bonuses have also increased with Bain now paying bonuses up to $63,000 and BCG up to $50,000. 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. In 2021, all three BBM firms were only paying $90k salaries. Read Jonathan Paul's full story! Posted 02 Mar 2023. Overall, if youre looking for a high paying job that isnt in finance or law, consulting is a very strong option, particularly for driven high-performers. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. 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;. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher), Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. 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. 1996-2023 Bain & Company, Inc. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. We even created Excel templates and PowerPoint presentations. And the Brain brand is very strong. Your input helps Glassdoor refine our pay estimates over time. But theres no single answer to the question of what a Bain salary is, of course. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. 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. Across 64 cities in 39 countries, we work alongside our clients as one team with a. 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. From here, two years reflects the average amount of time spent in each level before employees climb to each of the following ranks: Manager, Principal, and finally Partner. We offer exciting career opportunities in a broad array of fields. Average salary for Bain & Company Management Consultant in Maldon: 96,081. The significant difference also holds true for new hires with an MBA or PhD. 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. 2021-Apr. These 2019 salaries are pretty accurate for first year hires who just graduated with their MBA/PhD. They are slightly higher for 2020. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" 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. 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. The salary growth itself is steep as you get promoted. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. 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. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. The article did not discuss the specific tiles that each of the three firms uses. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. Bain's consultant salary in the UK is the highest out of the three at 97,000. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. The firm advises. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. Master's-level graduates get offered around $112,000 in base salary at Bain. Well also take a look at the nature of the career path at Bain, as well as employee reviews. 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. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Zurich, Switzerland . Have a confidential story, tip, or comment youd like to share? 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. Find thousands of job opportunities by signing up to eFinancialCareers today. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. Below is an analysis of pay at the MBB firms: McKinsey & Co., Bain & Co., and BCG. Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. Average salary for Bain & Company It Consultant in Crawley: 27,037. The salary information is posted above, where we note an average base salary of $90,000. These include: performance bonuses of up to $22,500, a housing allowance up to $5,000, a relocation bonus up to $5,000, 4.5% salary contributions into a 401k, and a signing bonus up to $5,000. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. Get instant job matches for companies hiring now for Contract Data visualisation jobs near Sabines Green from Data Science, Database to Consulting and more. 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. Management Consultant. Our model gets smarter over time as more people share salaries on Glassdoor. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. 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. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. 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. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). ), 2023 eFinancialCareers - All rights reserved. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Are you an impact player? MBA hires at Bain get PTO vacation of 25 days per year. Private Equity / VC Jobs verfgbar bei eFinancialCareers. Bain wants to know what impact youve made in your role, rather than what youre responsible for. 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. 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. Senior Associate Consultant $137K. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. 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 Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. 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. bain consultant salary uk. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. The exact size of this payment is driven by the role and distance of the relocation. How much do Bain & Company employees make? Invalid empty value or special character. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. 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 -. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Manager $268K. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Related Searches:All Consultant Salaries|All Bain & Company Salaries. The consulting industry has been booming in recent years, and going hard after top talent. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. Contact:sbutcher@efinancialcareers.comin the first instance. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. Generally, the bonus is normally distributed. Some consulting firms, such as McKinsey, BCG, and Bain, offer programs that specifically help PhD and advanced degree holders apply and transition to consulting. A Bain consultant salary is one of the most competitive in the management consulting industry. 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. To help you make the decision, here are some factors to consider: Salary Professional growth opportunities Exit opportunities Type of work/industry focus Industry Sector . technique - and why do banks like it? 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. Average salary for Bain & Company Consultant I in Crete: US$192,000. Their salaries typically start at 55,000 and can be as high as 65,000. New hires can expect relocation support payments between USD 2k and 10k. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. Read what they think about their salaries on our Compensation FAQ page for Bain & Company. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. 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)! A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. agree, these aren't close to the actual salaries you earn (particularly at the senior levels). Florian spent 5 years with McKinsey as a senior consultant. There is also some variance over the size of relocation packages, with Bain being the most generous.

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