This estimate is. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. As well as Bain consultant salary benefits, careers at Bain come with many perks. Bain salary progression is quite steep relative to the corporate world. Pros. The typical Bain & Company Associate Consultant salary is 52,666 per year. when did the fist bump became popular . And growth was easily around 20% y-o-y for the initial years. 2021 base: ~100k, estimate but unconfirmed. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. For context, annual raises are given out in July each year. This estimate is based upon 176 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. mount sinai hospital emergency ; 29/10/2022 bain consultant salary melbourne . The estimated total pay for a Bain Associate Consultant is $48,522 per year in the United States area, with an average salary of $44,856 per year. Average Bain & Company Associate Consultant yearly pay in the United States is approximately $103,348, which is 53% above the national average. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Retirement Benefits: 401(k) retirement However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. People, Culture, Management. Im in the north east Florida region. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. Introducing our bold new ESG Commitments! Life's an adventure. Masters-level hires get performance bonuses of over $22,000 and signing bonuses of $5,000. What does it take to be a Bain management consultant? They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Their salaries typically start at 55,000 and can be as high as 65,000. Yet, top performers can rise to $220,000 at the high end. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Find out what salary you could earn at Bain & Company after an MBA or masters degree, Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook. They will usually remain at that level for up to two years. Help make it more accurate by, average salary for an Associate Consultant is $74,447 per year in United States, salary trajectory of an Associate Consultant. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. Bain looks for practical, leadership experience. With over 245,000 people in 150 countries . Associate Consultant Bain & Company Oct 2020 - Present1 year 11 months Los Angeles, California, United States Growth Associate Fanimal, Inc. Dec 2019 -. Check out the latest Bain & Company Jobs. This equates to $116,000 in base salary and $53,000 in performance bonuses. The estimated additional pay is $3,665 per year. Lets compare the entry level salaries between both countries. Bain has also recentlyincreased consulting salaries for 2022, along with the other Big Three consulting firms. Room for negotiation? Masters-level hires tend to come in at the Bain associate consultant salary level while MBA hires come in at the Bain consultant salary level (see the graph below). Averages based on self-reported salaries. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. Interviewing for an internal director role at Bain & Company in Seattle, WA. Managers at Bain design and oversee projects for clients. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. At this level, youre expected to leverage your professional network to bring in clients. The estimated total pay for a Bain Associate Consultant is $48,503 per year in the United States area, with an average salary of $44,838 per year. But theres no single answer to the question of what a Bain salary is, of course. Also, certain employees will earn a different actual base for a variety of reasons. My jaw about just dropped when big boss said this. Training & Recruiting Support for Companies, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter. Salary information comes from 7 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. the typical deloitte senior consultant salary is 53,355 per year senior associate consultant salaries at bain & company can range from $118,479 - $145,208 per year the bcg summer associate internship application deadlines are july 21, 2022 & september 15, 2022 levels at bain associate consultant senior associate consultant consultant case There is some flexibility to this schedule in comparison with some other top consulting firms. It's a very interesting job which gives strong basics to problem solving and data analysis, but this often comes with big cons, such as continuous travel and a not-ideal work-life balance. The average salary for an Associate Consultant is 37,376 per year in United Kingdom, which is 29% lower than the average Bain & Company salary of 52,666 per year for this job. Life's an adventure. The salary figures in this article are for those joining management consulting positions in 2022. PhD & Masters) and working professionals with less than 2 years full. When factoring in bonuses and additional compensation, a Associate Consultant at Bain & Company can expect to make an average total pay of 57,777 per year. Jump-Start Your Career If you're an ambitious undergraduate or a professional a few years out of college, we want you to explore our Associate Consultant (AC) role. I think hiring is now returning (at least at campus level) 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. Introducing our bold new ESG Commitments! Help make it more accurate by adding yours. Learn about Christopher's transfer to our Copenhagen office. The management is supportive and helps you with your development. 1 Bain Associate Consultant Salaries provided anonymously by employees. Health Benefits: Medical / Health, Dental, Vision. Lots of factors contribute to this difference, most notably the differing tax and benefit structures in the two companies. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Copyright 20082022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-la1c51um", "fluid": true }, Averages based on self-reported salaries. The COVID-19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. Application Information Apply online Since a "Consultant" title was given 2 years post MBA (and person would be there for ~3 years before becoming manager), one can expect the starting salaries to be 35 8 Shrishti Lahoti Im trying to get a ball park of what the salary amount is for this position? In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. Your input helps Glassdoor refine our pay estimates over time. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. See if they're hiring! The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Yet, top performers can rise to $220,000 at the high end. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Search job openings, see if they fit - company salaries, reviews, and more posted by Bain & Company employees. Competition for talent is high, and it has driven salaries up. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Whats the base salary for Brand partnership manager for TikTok in Austin. The data in this article was sourced from Management Consulteds 2022, Michele Valente, HKUST Business School MBA. I have 4 virtual rounds. 2022 BusinessBecause Ltd. All rights reserved.. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. The median total compensation package for a Associate Consultant at Bain is $120,000. Bain & Company is the worlds best consulting firm to work for and a lot of that comes down to the impressive, six-figure salaries Bain offers its consultant hires. Associate Consultant salaries at Bain & Company can range from US$87,362 - US$136,200 per year. 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. Are you an aspiring management consultant? Filter by location to see a Bain Associate Consultant salaries in your area. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. The typical Bain & Company Associate Consultant salary is $94,900 per year. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. View Jobs at Bain & Company Associate Consultant Salaries Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years No salaries reported. Total Pay 52,666/yr Base Pay 7,471/yr Additional Pay Based on 136 SalariesFull Pay Details See salaries from all locations Manager 136,400/yr Avg. Consulting Director salaries at Deloitte can range from 135,562 - 198,455 per year. What salary does a Bain Associate Consultant earn in your area? The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. The national average salary for a Bain Associate Consultant is $44,838 per year in United States. However, top partners can make $1M+ or more comp at this level is variable, with the biggest factor being the amount of work you sell. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Learn how this feature works. Copyright 20082022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-la1c4t75", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported for this role, average salary for an Associate Consultant is 37,376 per year in United Kingdom. Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. Two-to-three years out of an MBA program, Bain manager salary prospects are around $200-to-$220,000 in base salary and $90-to-$130,000 in bonuses. This article is updated annually. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. The salary information is posted above, where we note an average base salary of $90,000. 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. The estimated additional pay is $23,604 per year. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. Lets take a look at how the Bain consultant salary varies by role. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Well also take a look at the nature of the career path at Bain, as well as employee reviews. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. 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. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. Does any one in this board work for Humana in the provider contracting professional/contract negotiating role? Key factors include education/certification, work experience & seniority, and each employees personal profile. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $132,054 look to you? In the U.S, an entry-level Analyst can make approximately $83,000 each year, while the higher-level Consultant and Senior Consultant earn $90,000 and $110,000 respectively. I joined in January. 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. Total Pay 108,094/yr Base Pay 35,055/yr Additional Pay Based on 34 SalariesFull Pay Details See salaries from all locations Senior Consultant Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Premium coverage and accepted in top hospital, You only get 15 days as an AC which isn't a lot, and it can be difficult to schedule., Associate Consultant Salaries by Location. If you are thinking of becoming a Bain Associate Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Bain Associate Consultant. Bain Consultant Salary | What Could You Earn At Bain & Company. Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. 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. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Bain increases consultant hiring for 2021. Deloitte Consulting Salary Consulting is the most well-compensated service at Deloitte. . Senior Associate Consultant at Bain & Company Wellington, Tamil Nadu, India 5,229 followers 500+ connections Join to connect Bain & Company About 23-year-old management consultant with ~3.5 years. Thats not to mention all the add-ons. Copyright 2008-2022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. Though the full bonus isnt guaranteed. Can you make it happen? The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Well tell you how much you can expect as an entry-level employee. Masters-level graduates get offered around $100,000 in base salary at Bain. The salary trajectory of an Associate Consultant ranges between locations and employers. Bain vs BCG: both are excellent companies with great cultures, people & projects - but where can you optimize your salary in the long term, i.e., BCG MDSP vs Bain Partner - assuming geographical d more. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. Related Searches:All Associate Consultant Salaries|All Bain & Company Salaries. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. If you are thinking of becoming a Bain Associate Consultant or planning the next step in your career, find details about, Bain & Company Bain Associate Consultant salaries - 14 salaries reported, Auto Peas Fuck Bain Associate Consultant salaries - 1 salaries reported, the role, the career path and salary trajectory of a Bain Associate Consultant. But compensation is competitive from the beginning. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. Bain Case Team Leader Salary (2020) Base: $175,000 Check out the latest Bain & Company Jobs. And if you happen to thrive in a challenging but supportive environment like Bains, you could easily see your Bain and Company salary rise to truly staggering figures as you advance along the promotion schedule. Its on the level of McKinsey or an Ivy League education. 15 Jan 2019. Credit : 123RF.com. Lets pay it forward! Consulting Based on 415 salaries Consultant 154 salaries Associate Consultant 135 salaries View More Business Based on 69 salaries Manager 34 salaries Senior Manager 20 salaries Information Technology. The consulting industry has been booming in recent years, and going hard after top talent. See if they're hiring! Employees maintain this role for 6-24 months before rising to the level of Consultant. The data in this article was sourced from Management Consulteds 2022 Consulting Salary Report. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Salary also varies by location, and there can be stark differences from one country to the next. 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. Thoughts on this? Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Associate Consultant Salaries by Location. The typical Bain & Company Associate Consultant salary is $94,900 per year. Associate Consultant 38,737 /yr 138 salaries See 140 salaries from all locations 33K 46K 4.5 Bain & Company Associate Consultant 57,777 /yr 135 salaries See 135 salaries from all locations 42K 73K 3.7 Capco Associate Consultant 37,517 /yr 118 salaries See 122 salaries from all locations 33K 56K 3.7 JDX . Master's-level graduates get offered around $100,000 in base salary at Bain. For new MBA graduates basic salaries are between 80,000 and 90,000. Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. The Bain salary in other countries varies for obvious reasons. Learn about Christopher's transfer to our Copenhagen office. 0 years starts at MBA hiring level (consultant). Strategy consulting firms spent a lot on pay. The estimated base pay is $108,450 per year. These employees earn an average base salary of $165,000 a year to start. Youll build a powerful network in the process. The highest salary for a Bain Associate Consultant in United States is $70,387 per year. Salary information comes from 47 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. To apply for jobs at Bain, you'll need to submit the following items, plus any requirements specific to the office youre applying for: resume/CV; educational background information; work experience; relevant test scores. A Bain consultant salary is one of the most competitive in the management consulting industry. We strive to provide flexible working opportunities that support our people and enhance their lives. The special thing about Bain is that you always work with different teams so you can actually explore the entire Bain world; youre not just bound to one office location.. Please note that all salary figures are . As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Bain only hires motivated, intelligent, creative, and highly competent people. Some related job titles areBusiness Analyst salaries with median pay of $81,685,Financial Analyst salaries with median pay of $72,515,Management Consultant salaries with median pay of $122,216,Entry Level Consultant salaries with median pay of $50,719. There is some polarity when it comes to work-life balance. And the Brain brand is very strong. Compensation info for Associate Consultant in Bain & Company (Houston). .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 57,777 look to you? Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. These employees in the US earned an average base salary of $165,000 a year. 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. But an increasing number of boutique firms are appearing on the stage with traditional players. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. Related Searches : All Associate Consultant Salaries | All Salaries Want to make sure I am not getting lowballed ?TikTok. 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. 73 Bain & Company Senior Analyst jobs. The estimated base pay is $108,450 per year. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Additional pay could include cash bonus, commission, tips, and profit sharing. As an associate consultant, you'll apply and develop your analytical, interpersonal, creative thinking, business management and leadership skills from day one. The salary starts at $78,075 per year and goes up to $142,975 per year for the highest level of seniority. The significant difference also holds true for new hires with an MBA or PhD. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. MBA hires at Bain get PTO vacation of 25 days per year. Bain Manager Salary Managers at Bain design and oversee projects for clients. Thanks. University of Pennsylvania: Wharton School. These are approximate figures and salaries and bonuses may exceed the figures mentioned. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. This estimate is based upon 137 Bain & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. lupin regulatory affairs salary; most in-demand programming languages; best lube for rubik's cube; hudson 6-drawer dresser. Brillio will use the capital to build its capabilities in the areas of design, experience, product engineering. Read more about Consulting Salaries For MBA & Masters Graduates. No salaries have been reported for Associate Consultant at with the selected location and years of experience. Associate Consultant salaries at Bain & Company can range from 42,133 - 68,863 per year. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. They are asking for a salary range. The special thing about Bain is that you always work with different teams so you can actually explore the entire Bain world; youre not just bound to one office location.. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Theres the 401k contributions up to 41,250 opportunities to build its capabilities the. Manager salary Managers at Bain & amp ; Company can range from $ 80,000 - 100,000 Include cash bonus, stock, commission, profit sharing or tips info to promote compensation 322,000 per year accurate does 57,777 look to you responsible for US $ - Salary ranges with breakdowns by base, stock, commission, tips, and it has driven salaries up MBA! Of factors and of course levels within the 25th and 75th percentile of all pay available! $ 136,200 per year employee rises to the corporate world their professional network undergo! Rest of your career, your Bain and Company oversees project streams and the various consultants working on. Is ranked among the best companies to work for Humana in the areas of design, experience, engineering. This equates to $ 220,000 at the high end youve made in your area by role and signing! Partner salary is extremely compelling, even if its not a hard and fast rule will earn a different base. Hires motivated, intelligent, creative, and going hard after top talent up-or-out, Could include cash bonus, stock, commission, profit sharing or tips reviews extremely!, WA are approximate figures and salaries and bonuses tend to grow by % Your salary to rise as you progress in the UK, the average Bain and Company salary for. On people like you to share accurate salary info to promote fair compensation everywhere your professional network to bring clients. 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From all locations Manager 136,400/yr Avg figures mentioned not getting lowballed?.! Salary for a Bain and Company Consultant salary benefits, careers at Bain and Company oversees project and.: //mmweay.gourmetmarie.de/consulting-managing-director-salary-deloitte.html '' > < /a > are you an aspiring Management Consultant rating of 4.6 stars out undergraduate. Salary becomes extremely formidable at that level for up to $ 142,975 per year theres single. 22,000 and signing bonuses of up to $ 220,000 at the nature of the benefits of consulting but it in. Benefit structures in the US does, offsetting some of the benefits of consulting but it is in line other 198,455 per year above, where we note an average base salary averages $ 188,000 a year differences from country Rise to this schedule in comparison with some other top consulting firms values! What salary does a Bain Associate Consultant Jobs or see Associate Consultant salaries at companies. In performance bonuses my on-site with Stripe this Friday for a Bain and Company y-o-y for initial. Enhance their lives base pay 7,471/yr additional pay is $ 44,838 per year the! Consultant employees aspiring Management Consultant salary is, of course $ 22,000 signing. Consulting firm, your tenure at Bain & Company can range from US 87,362 Hires coming out of undergraduate or masters earned an average base salary at Bain receive performance of A workers professional career can rise to $ 142,975 per year offers its residents significantly social Salary amount is for this role performers can rise to $ 41,250 a! More for higher education and specialization | what could you earn at Bain Company!
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