Strategy consulting firms spent a lot on pay. 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. Please note that all salary figures are . 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. The consulting industry has been booming in recent years, and going hard after top talent. Consulting Director salaries at Deloitte can range from 135,562 - 198,455 per year. Bain increases consultant hiring for 2021. 73 Bain & Company Senior Analyst jobs. The typical Deloitte Consulting Director salary is 156,310 per year. There is some polarity when it comes to work-life balance. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. This estimate is. 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 prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. 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. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. 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. Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Salary also varies by location, and there can be stark differences from one country to the next. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. 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. The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . Does any one in this board work for Humana in the provider contracting professional/contract negotiating role? Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. 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. Also, certain employees will earn a different actual base for a variety of reasons. Filter by location to see a Bain Associate Consultant salaries in your area. Health Benefits: Medical / Health, Dental, Vision. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Though the full bonus isnt guaranteed. These kind of mega consultant salaries are similar across the Big Three consulting firms, Bain, Boston Consulting Group, and McKinsey, and relatively flat across office locations and countries. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. A Bain consultant salary is one of the most competitive in the management consulting industry. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Yet, top performers can rise to $220,000 at the high end. Compensation info for Associate Consultant in Bain & Company (Houston). Application Information Apply online With over 245,000 people in 150 countries . 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. 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. And the Brain brand is very strong. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. Masters level graduates would typically take more time to reach the same levels. A Bain principal salary sits at around $250-to-$320,000, while Bain partner salary prospects (six-to-eight years after an MBA consultant level) start at around $350,000 and go up to $450-to-$650,000 for a senior partner with huge potential bonuses of over $500,000. Average Bain & Company Associate Consultant yearly pay in the United States is approximately $103,348, which is 53% above the national average. The average Bain Partner Salary is in the neighborhood of $322,000 per year! Its one of the benefits of consulting but it is in line with other top-tier consulting firms. There is some flexibility to this schedule in comparison with some other top consulting firms. Check out the latest Bain & Company Jobs. The average salary for an Associate Consultant is $74,447 per year in United States, which is 43% lower than the average Bain & Company salary of $132,054 per year for this job. Workplace Enterprise Fintech China Policy Newsletters Braintrust parts for duromax generators Events Careers famous peadophiles uk Introducing our bold new ESG Commitments! 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. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. Competition for talent is high, and it has driven salaries up. 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. As well as Bain consultant salary benefits, careers at Bain come with many perks. mount sinai hospital emergency ; 29/10/2022 bain consultant salary melbourne . 1 Bain Associate Consultant Salaries provided anonymously by employees. 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. The estimated additional pay is $23,604 per year. The Bain salary in other countries varies for obvious reasons. 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. Masters-level hires get performance bonuses of over $22,000 and signing bonuses of $5,000. 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. We strive to provide flexible working opportunities that support our people and enhance their lives. Bain salary progression is quite steep relative to the corporate world. The national average salary for a Bain Associate Consultant is $44,838 per year in United States. Its on the level of McKinsey or an Ivy League education. Learn about Christopher's transfer to our Copenhagen office. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. Lets pay it forward! Bain looks for practical, leadership experience. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The typical Bain & Company Associate Consultant salary is $94,900 per year. Lets compare the entry level salaries between both countries. See if they're hiring! The salary figures in this article are for those joining management consulting positions in 2022. Bain Capital has acquired a majority stake in US-based digital technology consulting and solutions firm Brillio, in a control transaction that was led by the private equity firm's India team. The learning curve is steep. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Can you make it happen? 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. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $132,054 look to you? 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. At this level, youre expected to leverage your professional network to bring in clients. I have 4 virtual rounds. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. Additional: COVID slowed hiring, but no pay cuts or layoffs. Whats the base salary for Brand partnership manager for TikTok in Austin. Their salaries typically start at 55,000 and can be as high as 65,000. The typical Bain & Company Associate Consultant salary is $94,900 per year. 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. These are approximate figures and salaries and bonuses may exceed the figures mentioned. All of those can add up to a nice sum, making competition for these roles extremely competitive. 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 The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. 15 Jan 2019. Credit : 123RF.com. Bain Deadline for Associate Consultant Intern (undergrad/MS): July 11, August 8, or September 15, 2022. . For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Brillio will use the capital to build its capabilities in the areas of design, experience, product engineering. 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. The data in this article was sourced from Management Consulteds 2022 Consulting Salary Report. But compensation is competitive from the beginning. The salary information is posted above, where we note an average base salary of $90,000. Associate Consultant 57,802/yr Avg. Yet, top performers can rise to $220,000 at the high end. Bain wants to know what impact youve made in your role, rather than what youre responsible for. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Bain Case Team Leader Salary (2020) Base: $175,000 Help make it more accurate by adding yours. The significant difference also holds true for new hires with an MBA or PhD. Associate Consultant Salaries by Location. These employees in the US earned an average base salary of $165,000 a year. 0 years starts at MBA hiring level (consultant). 2021 base: ~100k, estimate but unconfirmed. Want to make sure I am not getting lowballed ?TikTok. How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? And growth was easily around 20% y-o-y for the initial years. Your input helps Glassdoor refine our pay estimates over time. 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. The estimated base pay is $108,450 per year. Youll build a powerful network in the process. 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. 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. I mean, inflation doesn't pro-rate. 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). Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. 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. The salary trajectory of an Associate Consultant ranges between locations and employers. Master's-level graduates get offered around $100,000 in base salary at Bain. 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. when did the fist bump became popular . The salary starts at $78,075 per year and goes up to $142,975 per year for the highest level of seniority. From here, two years reflects the average amount of time spent in each level before employees climb to each of the following ranks: Manager, Principal, and finally Partner. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. 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. and execution of recruiting efforts for consulting staff for our Bain Texas office. Life's an adventure. This article is updated annually. 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. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Learn how this feature works. Deloitte Consulting Salary Consulting is the most well-compensated service at Deloitte. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. I joined in January. Bain only hires motivated, intelligent, creative, and highly competent people. Read more about Consulting Salaries For MBA & Masters Graduates. Bain Consultant Salary | What Could You Earn At Bain & Company. The estimated base pay is $108,450 per year. 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. 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. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Employees maintain this role for 6-24 months before rising to the level of Consultant. What does it take to be a Bain management consultant? 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. 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. 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.. 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 They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. Life's an adventure. 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. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. I think hiring is now returning (at least at campus level) At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000.
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