The salary growth itself is steep as you get promoted. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). 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;. 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. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. U. nlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. 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 median compensation package totals $185K. Our Bain Online Test article will show you everything related to the test, what youll be asked and what you do to prepare for it. 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. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. 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. 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. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Also, certain employees will earn a different actual base for a variety of reasons. Participating in these programs will help you build connections and increase the likelihood of receiving an interview. Apply today for the Associate Consultant Athens 2023 with Bain & Company. They are slightly higher for 2020. Looking for the best preparation to ace your case interviews? Download resume templates and watch in-depth, step-by-step resume advice videos. Bain salary progression is quite steep relative to the corporate world. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Consultant is $70,432 per year in United States, The Ultimate Job Interview Preparation Guide. 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. 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. You can expect the salary progression of the top 3 firms to look similar to the chart below. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Lets compare the entry level salaries between both countries. Boston Consulting Group (BCG) Total compensation: up to US$206,250 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)! BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Generally, the bonus is normally distributed. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. 2022 MConsultingPrep | Intellectual Property protected by DMCA. 8 full cases with solutions (incl. A typical compensation package is made up of the basic salary, the bonus, and the pension contribution. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. In this article, lets find out and compare Bain salaries across different positions in 12 countries. 715 salaries for 117 jobs at Bain & Company in Hurst, England. Learn about the award and see why employees love working at Bain. Closes 30 Mar 2023 Ref HW/15450 Job Title EA. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Why consulting? On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. If there is any room for negotiation it will be with the sign-on bonus. Related Searches:All Consultant Salaries|All Bain & Company Salaries. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. That aims to maximize the chance of entering stage 2. Average salary for Bain & Company It Consultant in Crawley: 27,037. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. You will see that consulting salaries increase by ~30% year-on-year over ten years with a comparably faster increase in the first three years followed by a sharp increase between the role of Associate Partner and Partner. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. 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 | Read Jonathan Paul's full story! The estimated additional pay is $85,928 per year. 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. Strategy consulting firms spent a lot on pay. The community relies on everyone sharing. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. There is some polarity when it comes to work-life balance. 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. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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. 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. Tech firms haven't gone away, so consultingfirms have taken measures to soften the blow of stagnant pay. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. Can you make it happen? 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 | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? The significant difference also holds true for new hires with an MBA or PhD. At Bain, we champion the bold to achieve the extraordinary. Download our full salary and bonus survey here. The discrepancy is almost certainly down to the fact that strategy consultants like Bain employ an evenlarger proportion ofjunior staff than investment banks do. 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 is comparatively high compared to graduate salaries in most other fields. Masters level hires at Bain get a housing allowance of up to $5,000, PTO vacation of 20 days per year, $5,000 for relocation. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. The firm advises. Average salary for Bain & Company Qa Consultant in Maldon: 55,861. 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. 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. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The estimated base pay is $159,610 per year. 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. McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Bain wants to know what impact youve made in your role, rather than what youre responsible for. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. 28 emails packed with tips. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Our client, a well-regarded and rapidly growing venture capital firm are seeking an ambitious and established EA to support the CEO. These numbers are just starting salaries. Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . Find thousands of job opportunities by signing up to eFinancialCareers today. 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 and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. Find out what salary you could earn at Bain & Company after an MBA or masters degree. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate.

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