Bain & Company Qa Consultant Salaries in Maldon | Glassdoor Audience: All students Location: Statler 185 Learn More Mar 06 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. 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. But theres no single answer to the question of what a Bain salary is, of course. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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. bain consultant salary ukrestoration companies near paris. Find Events - Recruits Portal - Bain & Company And the Brain brand is very strong. 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. Download resume templates and watch in-depth, step-by-step resume advice videos. 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. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Employees maintain this role for 6-24 months before rising to the level of Consultant. 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. agree, these aren't close to the actual salaries you earn (particularly at the senior levels). 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. Learn about the award and see why employees love working at Bain. Average salary for Bain & Company Consultant I in Crete: US$192,000. Bain Manager Salary Managers at Bain design and oversee projects for clients. Bain Salaries | Levels.fyi At McKinsey, the figure remains at $45,000. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Based on 6389 salaries posted anonymously by Bain & Company It Consultant employees in Crawley. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. Bain & Company It Consultant Salaries in Crawley | Glassdoor Bain & Company Salaries in Reading, OH | Glassdoor Bain looks for practical, leadership experience. Well tell you how much you can expect as an entry-level employee. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. Bain & Company Salaries trends. Some receive only 10% of the potential payout. Apply Today. 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. McKinsey also offers to pay 50% of MBA tuition for returning interns. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. They are slightly higher for 2020. 28 emails packed with tips. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. The implication, then, is that average compensation at Bain & Co's UK operation last year was 'just'175k per head. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. These numbers are just starting salaries. 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. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. 38 Bain And Company Jobs in India - LinkedIn Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+ characters) You may also apply directly on company website . In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The Average Salary of a Consultant at McKinsey, Bain or BCG in London 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 lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. The Bain salary in other countries varies for obvious reasons. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. Eventually it will unless its offensive or libelous (in which case it wont. Bain vs McKinsey ?? which is the better place to start? 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. Why consulting? Related Searches:All Consultant Salaries|All Bain & Company Salaries. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. For candidates joining at MBA level the bonuses can be from 15,000 and again double this amount for the very top performers. 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. 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. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. At Bain, we champion the bold to achieve the extraordinary. How much do Bain & Company employees make? bain consultant salary uk EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk There is also some variance over the size of relocation packages, with Bain being the most generous. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. 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. The practice of offering a sign-on bonus of 2-10% of the base salary varies widely from firm to firm. 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 -. The salary starts at $78,250 per year and goes up to $142,923 per year for the highest level of seniority. 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. Bain promotes top performers faster and rewards them better than at other firms. Based on 6389 salaries posted anonymously by Bain & Company Consultant I employees in Crete. Average salaries for Bain and Company Consultant: [salary]. The estimated base pay is $159,610 per year. Are you an impact player? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain Associate Consultant 52,271/yr Avg. Boston Consulting Group (BCG) Total compensation: up to US$206,250 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. Learn more Business Services It takes a huge team of talented individuals around the world to support our consulting business. Average salary for Bain & Company It Consultant in Crawley: 27,037. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Invalid empty value or special character. This might be the case, for instance, if you have to give up your end of year bonus at your current employer. 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. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. technique - and why do banks like it? The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Consulting salary grows at 5 percent annually on average. Get a free, personalized salary estimate based on today's job market. This is confirmed by the latest Harvard MBA employment report, which puts, Until this year, however, pay at the big consulting firmshad been climbing. This is a breakdown of management consulting salaries in 2022. 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. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. My path to Bain has been interesting. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. There is some flexibility to this schedule in comparison with some other top consulting firms. Data Modeller and Strategy Consultant - cwjobs.co.uk Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. That aims to maximize the chance of entering stage 2. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. The figures are drawn from Management Consulted. technique - and why do banks like it? In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). 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;. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. If you are overcoming hardships, we wanna help! The average Bain Partner Salary is in the neighborhood of $322,000 per year! We even created Excel templates and PowerPoint presentations. Where analysts tend to receive a 10% bonus, as a post-MBA you are more likely to get 20-40%. Extraordinary Outcomes. 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. Overall, if you want to work for thetop three consulting firmsthen theres not much in it. The salary growth itself is steep as you get promoted. The cost of living also balances things a bit, as cost of living in the UK is 7% cheaper, with rents in particular 30% cheaper than they are in the US. 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. The highest-paying job at Bain & Company is a Partner with a salary of 221,313 per year. It offers $8,000 for relocation distances of less than 400 miles, and $16,000 thereafter. 0 Some consulting firms, such as McKinsey, BCG, and Bain, offer programs that specifically help PhD and advanced degree holders apply and transition to consulting. Lets take a look at how the Bain consultant salary varies by role. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 1996-2023 Bain & Company, Inc. 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. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting 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, 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. 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.