bain consultant salary uk

Careers at Bain & Company | Bain & Company Looking for the best preparation to ace your case interviews? At this level, youre expected to leverage your professional network to bring in clients. 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. 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. The salary trajectory of a Consultant ranges between locations and employers. Lets compare the entry level salaries between both countries. Based on 6389 salaries posted anonymously by Bain & Company Qa Consultant employees in Maldon. 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. MBA, PhD Grads Can Make $200,000 at These 15 Consulting Firms Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 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. And the Brain brand is very strong. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Consultant Bain & Company Mrz 2023-Heute1 Monat Zurich, Switzerland Seed Investor Xinterra Jan. 2022-Heute1 Jahr 3 Monate Singapore Xinterra's purpose is to create materials faster and more. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Bain & Company Salaries How much do Bain & Company employees make? Unlimited paid time off (PTO) (E&Y), profit sharing (L.E.K. 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;. Access all the online resources you need for success in your case and fit interviews. Consulting Based on 462 salaries Consultant 170 salaries Associate Consultant 147 salaries View More Business Based on 82 salaries Manager 41 salaries Senior Manager 20 salaries Also, certain employees will earn a different actual base for a variety of reasons. On the other hand, McKinseys pension is the most generous at all levels and is comparably high across many industries. 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 discrepancy is almost certainly down to the fact that strategy consultants like Bain employ an evenlarger proportion ofjunior staff than investment banks do. Get a free, personalized salary estimate based on today's job market. McKinsey vs BCG vs Bain vs Big 4 (Deloitte, EY, KPMG - MBA Crystal Ball Until this year, however, pay at the big consulting firmshad been climbing. 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 -. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Bain & Company hiring Specialist, Consulting Programs in London While this is generous, it's a lot less than the511k ($687k)Goldman Sachs spent compensating its average UK employee last year. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Audience: All students Location: Statler 185 Learn More Mar 06 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. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 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. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. BCG offers between $2k and $8k, while McKinsey upped its allowance slightly to a maximum of $10k. But compensation is competitive from the beginning. 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. 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. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. How much do Bain & Company employees make? That aims to maximize the chance of entering stage 2. 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. . Master's-level graduates get offered around $112,000 in base salary at Bain. What does it take to be a Bain management consultant? I was going to help people solve problems. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. 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! BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Management Consulted says the rise was most notable in 2019, when firms hiked salaries as they fought a war for talent with tech firms. 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. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. These aren't remotely accurate and aren't even the correct job titles. Average salary for Bain & Company It Consultant in Crawley: 27,037. 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. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. In terms of living costs and compared to the average salaries, countries like Germany come out on top. The estimated additional pay is $85,928 per year. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. 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. Contact:sbutcher@efinancialcareers.comin the first instance. To improve your skills in all areas of the interview, check out our targeted offers below. The average Bain & Company salary ranges from approximately $38,943 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Bain & Company employees attributed a compensation and benefits rating of 4.4/5 stars to their company. Industry Sector . At the time, I wondered why other companies hadnt thought of this genius business strategy. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? In this article, were going to lift the lid on the compensation packages typically offered by the London offices of McKinsey, BCG and Bain. Strategy consulting firms spent a lot on pay. Yet, top performers can rise to $220,000 at the high end. 20227 Monate. Bain and you begins here Apply Now Meet Our People Passionate, diverse and ready to be your guide. Extraordinary Outcomes. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. McKinsey and BCG pay 90,000 and 93,000 respectively. New hires can expect relocation support payments between USD 2k and 10k. These employees in the US earned an average base salary of $165,000 a year. The estimated base pay is $159,610 per year. Based on 6389 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. Contribute Manager .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The article did not discuss the specific tiles that each of the three firms uses. Salary 28.00ph - 38.00ph +holiday pay . McKinsey was a bit more generous withretirement assistance, setting aside 7.5% of salary for an employee's 401k. Management Consultant. 150+ interviews | 6+ years experience | Bain, Kearney & Accenture | Exited startup| London Business School Your bonus changes a lot (and quickly) throughout the ranks. Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. On top of that, employees are eligible for up to $41,250 in performance bonuses. ramona car accident sunday; mountain meadows subdivision Bain wants to know what impact youve made in your role, rather than what youre responsible for. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. Bain Salaries | Levels.fyi When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. 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. Here's how much you'll make at McKinsey, Bain and - eFinancialCareers 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. Bain & Company on LinkedIn: Jonathan Paul, Associate Consultant. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Generally, the bonus is normally distributed. Signing bonuses across all three firms remain at $30,000. 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. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Was this answer helpful? Any update on the Mck comp. Read Jonathan Paul's full story! 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. Total Pay 38,105/yr Base Pay 3,811/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Analyst . The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Bain Associate Consultant 52,271/yr Avg. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. Bain & Company Salaries in Reading, OH | Glassdoor EA to C-Suite job with Bain and Gray | 4074895 - secsinthecity.co.uk Sarina Schefer - Associate Consultant - Bain & Company | LinkedIn Bain & Company Management Consultant Salaries in Maldon And find the best graduate job opportunities on Bright Network. Additional pay could include bonus, stock, commission, profit sharing or tips. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Average salary for Bain & Company Bain Associate Consultant in West Drayton, England: [salary]. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Bain & Company Consultant I Salaries in Valpo, IN | Glassdoor Invalid empty value or special character. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. 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. Hedge fund Brevan Howard hired NatWest's ex-head of euro swaps trading, Big banks might have slowed hiring, but boutiques have not. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Bain & Company Consulting Practice Manager Salaries in Maldon, England Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Your email address will not be published. The average salary for Bain & Company Inc. employees in United Kingdom is 46,401 per year. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Find Events - Recruits Portal - Bain & Company bain consultant salary uk These are the 13 Consulting Firms Paying MBAs More than US$200,000 a This equates to $116,000 in base salary and $53,000 in performance bonuses. 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. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. Learn more Apply Now In 2021, all three BBM firms were only paying $90k salaries. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. "Andrea Orcel is an excellent banker but his pay rise is extreme". FlashFash). Bain Associate Consultant Salary in 8 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included).

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