Benefits can add thousands of dollars to your offer. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Bain just increased paternal leaves (all genders) to 21 weeks. 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. This article is updated annually. 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! I was going to help people solve problems. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. 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. As part of the transition to firm leadership, the learning curve for managers is steep. The average salary for a Senior Manager is 79,162 per year in United Kingdom, which is 33% lower than the average Bain & Company salary of 119,000 per year for this job. The typical Bain & Company Senior Manager salary is 119,000 per year. 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. In terms of living costs and compared to the average salaries, countries like Germany come out on top. The estimated additional pay is $129,438 per year. Work experience (exact years of dependent on specific experience). Learn about the award and see why employees love working at Bain. Please note that all salary figures are approximations . I was going to help people solve problems. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Salary information comes from 11 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Your input helps Glassdoor refine our pay estimates over time. 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! 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. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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. Cost of living can vary dramatically depending on the part of the country you're in. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The most effective case book has arrived! Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. As well as Bain consultant salary benefits, careers at Bain come with many perks. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? Here, consulting firms pay a significant premium over industry roles available to recent graduates, whereas UK consulting salaries are relatively low considering the high living cost of London. 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)! 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. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. 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! Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. 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. 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. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Internally, senior managers have a seat and a voice at the leadership table you'll play a pivotal role in the office as you fulfill various leadership roles, increase practice-area expertise, intensify Bain's positivesocial impactand supportassociate consultantsandconsultants. Master's-level graduates get offered around $112,000 in base salary at Bain. The salary trajectory of a Senior Manager ranges between locations and employers. Bain & Company pays $118,906 per year on average compared to L.E.K. 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. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. Some receive only 10% of the potential payout. The solidarity that has been shown is our only comfort. The exact size of this payment is driven by the role and distance of the relocation. Some of the other roles at Bain & Company are packer and warehouse worker. 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Bain Associate Consultant Salary in 8 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). Bain & Company pays Senior Managers $191,662 per year on average. Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. You can expect the salary progression of the top 3 firms to look similar to the chart below. However, workers in the marketing department earn an average salary of $129,308 per year. Zippia gives an in-depth look into the details of Bain & Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bain & Company. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Bain & Company pays Senior Managers $191,662 per year on average. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. We even created Excel templates and PowerPoint presentations. Any update on the Mck comp. Stay ahead in a rapidly changing world. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. Are you an impact player? Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. When factoring in bonuses and additional . Salary information comes from 36 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Masters-level graduates get offered around $112,000 in base salary at Bain. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. At the time, I wondered why other companies hadnt thought of this genius business strategy. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. Bain & Company salary trends based on salaries posted anonymously by Bain & Company employees. 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. This is 61% more than the national average salary for Senior Managers. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. Bain & Company: $250,000; BCG (Boston Consulting Group): $250,000; McKinsey & Company: $250,000; Big 4 Senior Consultant Salaries. 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. 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! He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. Check out the latest Bain & Company Jobs. 4 days ago. 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. The whole country is working hand in hand to heal the wounds. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. The salary figures in this article are for those joining management consulting positions in 2023. Yes, the pay is good at Bain & Company. To improve your skills in all areas of the interview, check out our targeted offers below. .css-1qxtz39{font-size:12px;}Reported in 3 salaries. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. My path to Bain has been interesting. Check out the latest Bain & Company Jobs. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. The solidarity that has been shown is our only comfort. Bain wants to know what impact youve made in your role, rather than what youre responsible for. Bain Associate Consultants in the US can make up to $122,500 each year, with $90,000 from base salary, $22,500 from bonuses, and $10,000 from shared profits. 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). 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! In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. 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. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Bain & Company. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. 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. 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