The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. 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. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. The Average Salary of a Consultant at McKinsey, Bain or BCG in London also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. Employees maintain this role for 6-24 months before rising to the level of Consultant. 2023 eFinancialCareers - All rights reserved, The 2021 salary report from industry coaching firm. Your input helps Glassdoor refine our pay estimates over time. Looking for the best preparation to ace your case interviews? The median compensation package totals $185K. To help you make the decision, here are some factors to consider: Salary Professional growth opportunities Exit opportunities Type of work/industry focus Basic salaries at top firms 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. Here's how much you'll make at McKinsey, Bain and BCG in the U.S. - UK Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Bain & Company Salaries in London, United Kingdom | Glassdoor 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. Average salary for Bain & Company It Consultant in Crawley: 27,037. 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. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? 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. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. Posted 02 Mar 2023. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. We can help you get your desired MBB consulting offer. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. 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. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. 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. Lets compare the entry level salaries between both countries. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. 2022 salaries and bonuses for master's and undergraduate hires at elite consulting firms. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? bain consultant salary uk Management Consulting Salaries (2023) - Case Interview This equates to $116,000 in base salary and $53,000 in performance bonuses. 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. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Bain & Company hiring Specialist, Consulting Programs in London 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. 2022 MConsultingPrep | Intellectual Property protected by DMCA. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. Salary 28.00ph - 38.00ph +holiday pay . Related Searches:All Consultant Salaries|All Bain & Company Salaries. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. I was going to help people solve problems. Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Download resume templates and watch in-depth, step-by-step resume advice videos. Join 90,000+ on the #1 consulting prep channel! 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. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. But compensation is competitive from the beginning. 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. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). There is some flexibility to this schedule in comparison with some other top consulting firms. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. They will usually remain at that level for up to two years. Bain's consultant salary in the UK is the highest out of the three at 97,000. Salaries and signing on bonuses for undergraduates remained flat at the MBB firms compared with 2020. Let us know if you spot any inconsistencies in our data. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. 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. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. A comprehensive guide to Bain & Company Salary in 2020! 715 salaries for 117 jobs at Bain & Company in Hurst, England. Deloitte Consulting in the UK pays its consultants 91,000. Yet, top performers can rise to $220,000 at the high end. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. 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. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Management Consulting Salary At 12 Top Firms (2020 Update) McKinsey also offers to pay 50% of MBA tuition for returning interns. The guide to pay at Bain, McKinsey, BCG and the Big Four At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 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. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. 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. bain consultant salary uk. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Stage 3 Fit Interview & Case Interview: Check out 2 articles Bain Fit Interview and Bain Case Interview to have a clearer idea of what you may expect during your application. Help make it more accurate by adding yours. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. 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. The salary figures in this article are for those joining management consulting positions in 2023. 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. At Bain, we champion the bold to achieve the extraordinary. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. Have a confidential story, tip, or comment youd like to share? Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Bain just increased paternal leaves (all genders) to 21 weeks. Eventually it will unless its offensive or libelous (in which case it wont.). The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 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. The salary information is posted above, where we note an average base salary of $90,000. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Bain Consultant salary (MBA/Experienced-level) 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) Generally, the bonus is normally distributed. Office: Washington, D.C. 0 Adjustment?McKinsey & Company Bain & Company Boston Consulting Group, Rare to see folks who worked at both firms, but would appreciate comparison around opportunities (across practice areas), top end compensation and exits in McKinsey and Bain, India. 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. Specialist, Consulting Programs. Bain & Company Bain Associate Consultant Salaries in West Drayton Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Sabine Neuhaus - Consultant - Bain & Company | LinkedIn The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. Bain & Company Salaries in London | Glassdoor Baindidn't break out its U.K. headcount in its report, but the company employs 12,000 people globally, around 1,200of whom are listed on LinkedIn as working in the UK. 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. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. 3 salaries for 3 jobs at Bain & Company in Reading, OH. Lets take a look at how the Bain consultant salary varies by role. Contact:sbutcher@efinancialcareers.comin the first instance. 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. 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. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). How Much Does Bain & Company Pay in 2023? (6,389 Salaries) This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Bain salary progression is quite steep relative to the corporate world. Some receive only 10% of the potential payout. 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. Bain & Co. consultants earn a lot less than bankers - eFinancialCareers