Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. 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. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. You can expect the salary progression of the top 3 firms to look similar to the chart below. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. 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! Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. The estimated base pay is $200,191 per year. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). 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. 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. The average salary for a Senior Manager is $119,026 per year in United States, which is 53% lower than the average Bain & Company salary of $253,681 per year for this job. Jonathan Paul, Associate Consultant #atBain I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Learn about the award and see why employees love working at Bain. Bain & Company Salaries - By Title . .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? 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. Two-to-three years out of an MBA program, Bain manager salary prospects are around $220-to-$240,000 in base salary and $100-to-$140,000 in bonuses. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Learn how this feature works. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. See if they're hiring! Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. My path to Bain has been interesting. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? . A leader that plays a pivotal role in building relationships with clients. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. In order to succeed, you will learn to cultivate talented groups of people and collaborate with multiple teams. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Our pain is indescribable. This is 61% more than the national average salary for Senior Managers. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Being a shareholder in the partnership obviously comes with benefits on their own. An associate partner's base salary is around $300K to $400K A junior partner's base salary is around $400k - $500k A senior partner's base salary is around $500k - $650k There are many considerations that contribute to salary packages to include the following: Personal brand & contributing to the business 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! Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. Master's-level graduates get offered around $112,000 in base salary at Bain. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. The earthquake disaster in our country is heart-wrenching. 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. He started StrategyCase.com with the goal to make top-tier consulting firms more accessible for top talent, using tailored and up-to-date know-how about their recruiting. Case Team Leaders can make up to $242,000 per year, while Managers, Partners and Principals may earn as much as $1,000,000. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). *I have read thePrivacy Policyand agree to its terms. Any update on the Mck comp. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Consulting, McKinsey & Company Inc, and Warburg Pincus. The estimated additional pay is $129,438 per year. It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? Stage 3 Fit Interview & Case Interview: Check out 2 articles Bain Fit Interview and Bain Case Interview to have a clearer idea of what you may expect during your application. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Florian spent 5 years with McKinsey as a senior consultant. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. Cost of living can vary dramatically depending on the part of the country you're in. Jonathan Paul, Associate Consultant #atBain I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. The information provided is from their perspective. MBA hires at Bain get PTO vacation of 25 days per year. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. out of network benefits, fertility benefits. We can help you get your desired MBB consulting offer. Additional pay could include bonus, stock, commission, profit sharing or tips. Can you make it happen? To apply, you'll need to submit the following items, plus any additional requirements for the main office you wish to join: Keith Bevans, partner and global head of consultant recruiting, dives deeper into the stories of some extraordinary Bain people, from their perspectives. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Manager Senior Manager Associate Partner Partner Advanced Degree Holders Are you completing your PhD, JD or MD and trying to identify the next step in your career? Join the Levels.fyi community to chat with employees at Bain and other tech companies. Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. However, workers in the marketing department earn an average salary of $129,308 per year. $260,500 - $313,000 a year. The data presented on this page does not represent the view of Bain & Company and its employees or that of Zippia. The typical Bain & Company Senior Manager salary is $211,269. Jonathan Paul, Associate Consultant #atBain I grew up in Trinidad and Tobago, which is a tiny twin-island country in the Caribbean, next to Venezuela. Our pain is indescribable. 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. Some of the competitors of Bain & Company are L.E.K. out of network benefits, fertility benefits. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. Bain SalariesTotal compensation packages at Bain. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. The whole country is working hand in hand to heal the wounds. 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. While entry-level roles pay USD ~100k for graduates, employees hired straight from their MBA or Ph.D. graduation can expect between USD 150 to 180k, similar to early experienced highers. Help make it more accurate by adding yours. This is 61% more than the national average salary for Senior Managers. Intern salaries such as the McKinsey . Search for all salaries on our .css-ytumd6{-webkit-text-decoration:none;text-decoration:none;}.css-1r6gwl{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;}compensation page or add your salary to help unlock the page. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Read Jonathan Paul's full story! Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. The salary figures in this article are for those joining management consulting positions in 2023. Employees who work in the retail organizational function tend to get paid the most at at Bain & Company, earning an average yearly salary of $154,921. To improve your skills in all areas of the interview, check out our targeted offers below. The wages at L.E.K. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. average salary for a Senior Manager is $137,684 per year in New York City, NY. On the lower end of the pay scale, the warehouse and plant/manufacturing functions pay lower wages, with average employee salaries of $37,415, and $65,254, respectively. We even created Excel templates and PowerPoint presentations. Bookmark content that interests you and it will be saved here for you to read or share later. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. This is the employer's chance to tell you why you should work for them. This is the employer's chance to tell you why you should work for them. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Senior Managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $142,000 a year, while the top 10% make $258,000. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-leqhfq1l", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported for this role. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. View 75 posts from February 2023. . Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. Highest Paying Department At Bain & Company. 3 Comments Shares 2 . My path to Bain has been interesting. Your input helps Glassdoor refine our pay estimates over time. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. This is a formal promotion and a significant career turning point at either firm. The estimated base pay is $199,949 per year. Some receive only 10% of the potential payout. 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. At Bain & Company, entry-level consultants may earn up to $120,000 per year, while senior ones have salaries up to $230,000 (bonuses and profit sharing included). Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! New York, NY. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. If you want to get paid the most as a Senior Manager at Bain & Company, Washington, New York and Seattle are the best options, as they are the highest-paying cities in this company. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! Stay ahead in a rapidly changing world. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Yes, the pay is good at Bain & Company. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Bain & Company pays $118,906 per year on average compared to L.E.K. Learn about the award and see why employees love working at Bain. average salary for a Senior Manager is $121,175 per year in Canada. Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. Highest Paying Similar Job At Bain & Company. 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! 1 reactions. At the time, I wondered why other companies hadnt thought of this genius business strategy. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. 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 . Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. This estimate is based upon 20 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. Salaries vary by department as well. 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! View job. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, average salary for a Senior Manager is $119,026 per year in United States. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. Bain & Company pays Senior Managers $191,662 per year on average. . The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of 138,531 per year. Additional pay could include bonus, stock, commission, profit sharing or tips. 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! Senior Manager - Management Consulting | Bain & Company Consulting Roles Senior Manager A leader that plays a pivotal role in building relationships with clients Be a Voice in Leadership Senior managers, serve as leaders for both case teams and clients. This article is updated annually. Workers in the retail department can earn an average of $154,921 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Bain just increased paternal leaves (all genders) to 21 weeks. Your input helps Glassdoor refine our pay estimates over time. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. We even created Excel templates and PowerPoint presentations. Learn about the award and see why employees love working at Bain. Please note that all salary figures are approximations . It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. It was a novel experience going from the tropical warmth to the freezing tundra that is Massachusetts, but the US has its merits (looking at you Amazon Prime)! The average salary for a Senior Manager is $137,684 per year in New York City, NY, which is 58% lower than the average Bain & Company salary of $329,629 per year for this job. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. 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. The solidarity that has been shown is our only comfort. As part of the transition to firm leadership, the learning curve for managers is steep. Get Paid, Not Played . I was going to help people solve problems. The average salary for a Senior Manager is $121,175 per year in Canada, which is 42% lower than the average Bain & Company salary of $211,269 per year for this job. 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. Out How much your competitors pay workers in the partnership obviously comes with benefits their!, stock, commission, profit sharing or tips much your competitors pay at... Interview coachingget the offer newsletter, see exactly How much Bain MBA and masters-level consultants Bain-Facebook. In most other developed countries, the salary progression of the top 10 are! Partnership obviously comes with benefits on their own more than the national average salary for senior Managers data in! The inside scoop on jobs, at Bain & amp ; Company can range from 78,253 - 130,000 year! Order to succeed, you will learn to cultivate talented groups of people and collaborate with teams... $ 150,000 to $ 4,400 and 15 days a year PTO Managers is.... This role by Bain & amp ; Company pays the lowest earners $ per! Into the Bain Manager/Senior Manager salary is $ 137,256 per year, while the top 10 percent are over. Smeritschnig Case Coaching ( 5 Session Package ) the Levels.fyi community to with... 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