bain consultant salary uk

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. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. Average salary for Bain & Company Consultant I in Crete: US$192,000. 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. shows that salaries at the top three firms McKinsey, and Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. However, if you have a good rationale for requesting a sign-on bonus you should ask. Its on the level of McKinsey or an Ivy League education. You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. 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. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 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. f you want to work for thetop three consulting firmsthen theres not much in it. 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. PwC UK pays Consultants a nice 85,000/year. Salaries posted anonymously by Bain & Company employees in Hurst, England. ramona car accident sunday; mountain meadows subdivision The estimated base pay is $159,610 per year. 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. Some receive only 10% of the potential payout. Associate Consultant $118K. 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. 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. Bain & Company Mai 2022-Aug. 20224 Monate Mnchen, Bayern, Deutschland Internhip | CPG Practice Full-time offer received Part Time Strategy Consultant Kearney Okt. The median compensation package totals $185K. We can help you get your desired MBB consulting offer. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Related Searches:All Consultant Salaries|All Bain & Company Salaries. 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. While MBB firms froze salaries, they offered other perks, and there are some differences here. Eventually it will unless its offensive or libelous (in which case it wont.). Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" The most effective case book has arrived! 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 & Company on LinkedIn: Jonathan Paul, Associate Consultant. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. 7 Contract Data visualisation jobs in Sabines Green on CWJobs. The salary growth itself is steep as you get promoted. 28 emails packed with tips. 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. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. Jonathan Paul, Associate Consultant #atBain Although a pension contribution may not be top of mind for some, the percentage contributed by each firm varies widely. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. Let us know if you spot any inconsistencies in our data. 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. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. 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). Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. 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. 8 full cases with solutions (incl. Bain & Company Salaries trends. Zurich, Switzerland . 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. There is also some variance over the size of relocation packages, with Bain being the most generous. The community relies on everyone sharing. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The significant difference also holds true for new hires with an MBA or PhD. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Help make it more accurate by adding yours. 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,. 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. Bain Associate Consultants in the US can make up to $242,000 each year, with $175,000 from base salary, $37,000 from bonuses, and $30,000 from shared profits. 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. 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. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. 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. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. 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. Master's-level graduates get offered around $112,000 in base salary at Bain. 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. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. "Andrea Orcel is an excellent banker but his pay rise is extreme". 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. Bain & Company Salaries trends. Know Your Worth. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Office: Washington, D.C. Jonathan Paul, Associate Consultant #atBain In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Florian spent 5 years with McKinsey as a senior consultant. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. ), 2023 eFinancialCareers - All rights reserved. 73% of these revenues were spent on pay. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. 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. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Yet, top performers can rise to $220,000 at the high end. Thats not to mention all the add-ons. Bain only hires motivated, intelligent, creative, and highly competent people. Masters-level graduates get offered around $112,000 in base salary at Bain. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Though the full bonus isnt guaranteed. Salary negotiation is highly unlikely at these levels. Learn how much management consultants make based on the firm and their experience level. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. Forbidden characters: \. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. This article is updated annually. These employees in the US earned an average base salary of $165,000 a year. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Participating in these programs will help you build connections and increase the likelihood of receiving an interview. This is comparatively high compared to graduate salaries in most other fields. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. 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. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Being a shareholder in the partnership obviously comes with benefits on their own. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. 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. 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! 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. 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. Join 90,000+ on the #1 consulting prep channel! Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. These numbers are just starting salaries. Here, consulting firms pay a significant premium over industry roles available to recent graduates, whereas UK consulting salaries are relatively low considering the high living cost of London. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. 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. Add signing bonus, relocation allowance, retirement benefits, and even profit-sharing (in some countries) along with health insurance and relocation benefits. Apply today for the Associate Consultant Athens 2023 with Bain & Company. ), and one-time work-from-home bonuses have become more common. The exact size of this payment is driven by the role and distance of the relocation. technique - and why do banks like it? Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Any update on the Mck comp. Are you an impact player? Your input helps Glassdoor refine our pay estimates over time. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Senior Associate Consultant $137K. All of those can add up to a nice sum, making competition for these roles extremely competitive. This is comparatively high compared to graduate salaries in most other fields. All consultants receive the same contribution and this ranges from 6-12% of salaries at different firms. The lowest-paying job at Bain & Company is a Manager Assistant with a salary of 38,105 per year. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. Weiter zum Hauptinhalt Weiter zum Hauptinhalt LinkedIn. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. Their salaries typically start at 55,000 and can be as high as 65,000. 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. Bain Associate Consultant 52,271/yr Avg. In 2021, all three BBM firms were only paying $90k salaries. 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. Across 64 cities in 39 countries, we work alongside our clients as one team with a. 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Bain looks for practical, leadership experience. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). And the Brain brand is very strong. Required fields are marked *. Industry Sector . The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Average salaries for Bain and Company Consultant: [salary]. 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. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. 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. 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). In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. Entdecken Personen E-Learning . From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. bain consultant salary ukrestoration companies near paris. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. McKinsey also offers to pay 50% of MBA tuition for returning interns. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. MBA hires at Bain get PTO vacation of 25 days per year. The estimated total pay for a Consultant at Bain & Company is $245,538 per year. also get a week off for christmas in addition, At Bain, we champion the bold to achieve the extraordinary. Top consulting firms are one of the highest-compensating payers outside of financial services or corporate law. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . 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. 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. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 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 promotes top performers faster and rewards them better than at other firms. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. The figures are drawn from Management Consulted. 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. Based on 383 salaries posted anonymously by Bain & Company Consultant I employees in Valpo, IN. 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. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Learn how this feature works. Invalid empty value or special character. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? 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. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. For new MBA graduates basic salaries are between 80,000 and 90,000. Read more about Consulting Salaries For MBA & Masters Graduates. 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. Management Consultant. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. The average Bain Partner Salary is in the neighborhood of $322,000 per year! Contact:sbutcher@efinancialcareers.comin the first instance. Additional pay could include bonus, stock, commission, profit sharing or tips. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. The Bain salary in other countries varies for obvious reasons. The average salary for a Consultant is $70,432 per year in United States, which is 71% lower than the average Bain & Company salary of $245,538 per year for this job. EA to C-Suite in Temporary, Fintech, EA with Bain and Gray. 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. 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. 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. 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 salary trajectory of a Consultant ranges between locations and employers. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Bain's consultant salary in the UK is the highest out of the three at 97,000. Average salary for Bain & Company It Consultant in Crawley: 27,037. 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. Generally, the bonus is normally distributed. Competition for talent is high, and it has driven salaries up. 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. Looking for the best preparation to ace your case interviews? The 2021 salary report from industry coaching firmManagement Consulted shows that salaries at the top three firms McKinsey,Bainand Boston Consulting Group (BCG) known collectively as MBB, remained flat compared with 2020. Learn how much management consultants make based on the firm and their experience level. What is the S.T.A.R. 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. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Associate Consultant Bain & Company Dec 2022 - Present4 months Article Trainee KNAV Sep 2019 - Sep 20223 years 1 month Mumbai Education The Institute of Chartered Accountants of India - 2018 -. My path to Bain has been interesting. But an increasing number of boutique firms are appearing on the stage with traditional players. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer.

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