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. 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. We're excited to share that we've ranked #1 on Glassdoor's Best Places to Work UK list and #3 on Glassdoor's Best Places to Work U.S. list! Find out what works well at Bain & Company from the people who know best. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. 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. The typical Bain & Company Senior Manager salary is $211,269. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). 4 days ago. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The wages at L.E.K. You'll play a critical leadership role in your office, coordinating training, aligning professional standards and social impact initiatives, and sharing your expertise by supporting ACs and consultants with their career planning. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. According to our data, the highest paying job at Bain & Co. is a Partner at $300,000 annually while the lowest paying job at Bain & Co. is a Marketing Intern at $30,000 annually. Being a shareholder in the partnership obviously comes with benefits on their own. To improve your skills in all areas of the interview, check out our targeted offers below. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. 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. Bain & Company. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Bookmark content that interests you and it will be saved here for you to read or share later. The average salary for Machine Learning Engineer at Bain & Company in the United States is $285,556 per year, which is 103% above the national average. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? This is 61% more than the national average salary for Senior Managers. Bain SalariesTotal compensation packages at Bain. At the time, I wondered why other companies hadnt thought of this genius business strategy. The solidarity that has been shown is our only comfort. Bain looks for practical, leadership experience. Like. 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. Title Sample Salary Salary Comparison; Partner: $285,000 Benchmark Your Job: Senior Manager: $154,000 Benchmark Your Job: Director/Principal (11+ yr exp) $146,000 Benchmark Your Job: Manager: $98,000 Benchmark Your Job: Sr Consultant (3-5 yr exp) $83,000 Benchmark Your Job . Consulting average higher than the other similar companies, where the median salary is $137,256 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. My path to Bain has been interesting. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. Bain & Company salary trends based on salaries posted anonymously by Bain & Company employees. The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. I was going to help people solve problems. While the data has been validated with our applicants that received offers and triangulated with various sources, please be aware that consulting salaries are not an exact science and specific components can change relatively quickly for firms to stay competitive and usually increase every recruiting season. Learn about the award and see why employees love working at Bain. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. My path to Bain has been interesting. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. . Your input helps Glassdoor refine our pay estimates over time. The earthquake disaster in our country is heart-wrenching. Bain & Company pays senior managers $57 an hour, on average. The typical Bain & Company Senior Manager salary is 119,000 per year. Read more about Consulting Salaries For MBA & Masters Graduates. At Bain & Company, the employees are paid different salaries depending on their location. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. A worker with the title packer at Bain & Company earns an average salary of $33,978 per year. Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. A worker with the title principal salary at Bain & Company can earn an average yearly salary of $211,198. New York, NY. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Your input helps Glassdoor refine our pay estimates over time. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-leqhfi12", "fluid": true }, Averages based on self-reported salaries. Some of the competitors of Bain & Company are L.E.K. At the time, I wondered why other companies hadnt thought of this genius business strategy. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. Our pain is indescribable. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. The typical Bain & Company Senior Manager salary is 119,000 per year. Adjustment?McKinsey & Company Bain & Company Boston Consulting Group, Rare to see folks who worked at both firms, but would appreciate comparison around opportunities (across practice areas), top end compensation and exits in McKinsey and Bain, India. Benefits can add thousands of dollars to your offer. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. We can help you get your desired MBB consulting offer. Manager's Assistant/Administrative Assistant. On Glassdoor I found about 70k base + bonus but I wonder if it is still updated McKinsey & Company Boston Consulting Group more 4 Like 9 Comments Shares 2 an Analyst Conversation Starter Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. $260,500 - $313,000 a year. None of the information on this page has been provided or approved by Bain & Company. 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 | Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. Engage in conversations about Senior Manager pay with other professionals in the community. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. The earthquake disaster in our country is heart-wrenching. 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. Workers in the retail department can earn an average of $154,921 per year. Please note that all salary figures are approximations . Some related job titles areProduct Manager salaries with median pay of $128,026,Senior Project Manager salaries with median pay of $125,462,Director salaries with median pay of $221,925,Senior Associate salaries with median pay of $84,501. Learn more about the Bain & Company New York City office. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. 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. Compare pay for popular roles and read about the team's work-life balance. Your input helps Glassdoor refine our pay estimates over time. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. Machine Learning Engineer salary in the United States at Bain & Company. The whole country is working hand in hand to heal the wounds. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. I was going to help people solve problems. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Master's-level graduates get offered around $112,000 in base salary at Bain. 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