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. Masters level hires at Bain get a housing allowance of up to $5,000, PTO vacation of 20 days per year, $5,000 for relocation. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. Key factors include education/certification, work experience & seniority, and each employees personal profile. These employees in the US earned an average base salary of $165,000 a year. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. The consulting industry has been booming in recent years, and going hard after top talent. Associate Consultant 57,802/yr Avg. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. 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. Learn how this feature works. Competition for talent is high, and it has driven salaries up. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? When Bain consultants are promoted to the next level, usually every two-to-three years, they also receive a salary jump. Want to make sure I am not getting lowballed ?TikTok. See if they're hiring! By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. The figures in this table are median figures in $ based on the ranges mentioned in the text above. 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. The salary information is posted above, where we note an average base salary of $90,000. Your input helps Glassdoor refine our pay estimates over time. 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. 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. Well tell you how much you can expect as an entry-level employee. 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 When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The median total compensation package for a Associate Consultant at Bain is $120,000. Youll build a powerful network in the process. 2021 base: ~100k, estimate but unconfirmed. See if they're hiring! 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. Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. Are you an impact player? A Bain consultant salary is one of the most competitive in the management consulting industry. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. This estimate is based upon 137 Bain & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Bain Case Team Leader Salary (2020) Base: $175,000 Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. As well as Bain consultant salary benefits, careers at Bain come with many perks. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Retirement Benefits: 401(k) retirement Introducing our bold new ESG Commitments! 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. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. The management is supportive and helps you with your development. People, Culture, Management. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Search job openings, see if they fit - company salaries, reviews, and more posted by Bain & Company employees. This equates to $116,000 in base salary and $53,000 in performance bonuses. These are approximate figures and salaries and bonuses may exceed the figures mentioned. Application Information Apply online 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. Additional pay could include cash bonus, commission, tips, and profit sharing. The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . The salary trajectory of an Associate Consultant ranges between locations and employers. Life's an adventure. 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. These include: performance bonuses of up to $22,500, a housing allowance up to $5,000, a relocation bonus up to $5,000, 4.5% salary contributions into a 401k, and a signing bonus up to $5,000. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. All of those can add up to a nice sum, making competition for these roles extremely competitive. For context, annual raises are given out in July each year. 0 years starts at MBA hiring level (consultant). But an increasing number of boutique firms are appearing on the stage with traditional players. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. Learn about Christopher's transfer to our Copenhagen office. The estimated base pay is $108,450 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 typical Bain & Company Associate Consultant salary is 52,666 per year. Masters-level graduates get offered around $100,000 in base salary at Bain. How common is it for an employer to pro-rate a salary increase if you joined in middle of the 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 . The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. My jaw about just dropped when big boss said this. Interviewing for an internal director role at Bain & Company in Seattle, WA. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Lets compare the entry level salaries between both countries. 1 Bain Associate Consultant Salaries provided anonymously by employees. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. lupin regulatory affairs salary; most in-demand programming languages; best lube for rubik's cube; hudson 6-drawer dresser. Workplace Enterprise Fintech China Policy Newsletters Braintrust parts for duromax generators Events Careers famous peadophiles uk The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 57,777 look to you? The typical Bain & Company Associate Consultant salary is $94,900 per year. I have 4 virtual rounds. Managers at Bain design and oversee projects for clients. 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. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? The typical Deloitte Consulting Director salary is 156,310 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Well also take a look at the nature of the career path at Bain, as well as employee reviews. At McKinsey, recently hired MBAs can make above $200,000 in the initial year, with a $30,000 signing bonus and a performance bonus of $35,000. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. The estimated additional pay is $23,604 per year. 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. The salary figures in this article are for those joining management consulting positions in 2022. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. 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. Their salaries typically start at 55,000 and can be as high as 65,000. Bain salary progression is quite steep relative to the corporate world. Pros. Requirements vary widely by industry, with workers being compensated more for higher education and specialization. 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. Thanks. Thoughts on this? 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. We strive to provide flexible working opportunities that support our people and enhance their lives. Averages based on self-reported salaries. Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Yet, top performers can rise to $220,000 at the high end. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. 2022 BusinessBecause Ltd. All rights reserved.. 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. when did the fist bump became popular . Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. With over 245,000 people in 150 countries . University of Pennsylvania: Wharton School. 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. 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. Whats the base salary for Brand partnership manager for TikTok in Austin. 2020 all-in: ~100k Incl Sign on . And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Check out the latest Bain & Company Jobs. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. 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. Your input helps Glassdoor refine our pay estimates over time. And the Brain brand is very strong. 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