bain consultant salary uk

"Andrea Orcel is an excellent banker but his pay rise is extreme". Average salary for Bain & Company Management Consultant in Maldon: 96,081. Access all the online resources you need for success in your case and fit interviews. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. Was this answer helpful? But compensation is competitive from the beginning. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Jonathan Paul, Associate Consultant #atBain 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Looking for the best preparation to ace your case interviews? Learn about the award and see why employees love working at Bain. Husky Football Face Mask, Wellington Phoenix Players Salary, Anthony Bourdain New Orleans Layover, Otsego High School Athletics . The community relies on everyone sharing. 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. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. Management Consulting Salaries (2023) This is a breakdown of management consulting salaries in 2022. Until this year, however, pay at the big consulting firmshad been climbing. 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. This article is updated annually. Being a shareholder in the partnership obviously comes with benefits on their own. 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. 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. Management Consultant compensation at Bain ranges from $126K per year for Associate Consultant to $288K per year for Manager. Bain Has Been Named a Best Place to Work in 2023 by Glassdoor! Any update on the Mck comp. Bain & Company Salaries trends. agree, these aren't close to the actual salaries you earn (particularly at the senior levels). Bonuses at the undergraduate entry-level have been as low as 0 and as high as 6,000 depending on the firm. Bain & Company Total compensation: up to US$206,250 (150,814) Bain & Company is one of the Big Three consulting firms, working with public, private and non-profit businesses, and one of the most popular organizations among MBA graduates. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" To improve your skills in all areas of the interview, check out our targeted offers below. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. 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. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. Average salary for Bain & Company Consulting Practice Manager in Maldon, England: [salary]. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Anonymously share your salary to help the community, Averages based on self-reported salaries. At the time, I wondered why other companies hadnt thought of this genius business strategy. This figure is used to determine an NHS employer's funding commitment for their LCEA round in a given year. We even created Excel templates and PowerPoint presentations. Competition for talent is high, and it has driven salaries up. Bain's Innovation & Design team is a team of digital experts charged with accelerating transformation for our clients. New hires can expect relocation support payments between USD 2k and 10k. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. BCG offers the best base salaries of the top-3 firms and is likely to offer the highest entry-level to experienced professionals. Private Equity / VC Jobs verfgbar bei eFinancialCareers. ), 2023 eFinancialCareers - All rights reserved. For experienced hires joining below the MBA level the bonuses are typically around 10,000 and up to double this amount for top performers. Contact:sbutcher@efinancialcareers.comin the first instance. 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. 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. The average Bain & Company salary ranges from approximately 38,105 per year for a Manager Assistant to 221,313 per year for a Partner. Read Jonathan Paul's full story! These employees earn an average base salary of $165,000 a year to start. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. bain consultant salary uk. I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Master's-level graduates get offered around $112,000 in base salary at Bain. 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. 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. Holy crap. 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. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. 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. Boston Consulting Group (BCG) Total compensation: up to US$206,250 The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Florian spent 5 years with McKinsey as a senior consultant. 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. Only 1% of candidates receive consulting offers from Bain & Company. Specialist, Consulting Programs. FlashFash). The article did not discuss the specific tiles that each of the three firms uses. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. If you are overcoming hardships, we wanna help! Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? In 2023, MBA consulting salaries at the MBB firms start at $190,000 at BCG, and $192,000 at McKinsey and Bain, up from $175,000 last year. The lowest-paying job at Bain & Company is a Receptionist with a salary of $38,943 per year. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 2021-Apr. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in West Drayton, England. Forbidden characters: \. 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. 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. Plus sample case and fit interview videos. 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. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain Manager Salary Managers at Bain design and oversee projects for clients. 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!

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