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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. I was going to help people solve problems. Appreciate any information! That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. Our pain is indescribable. Check out the latest Bain & Company Jobs. The whole country is working hand in hand to heal the wounds. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. Learn about the award and see why employees love working at Bain. The typical Bain & Company Senior Manager salary is $211,269. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. 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 salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. At the time, I wondered why other companies hadnt thought of this genius business strategy. Please note that all salary figures are approximations . The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. 1 reactions. The whole country is working hand in hand to heal the wounds. At the time, I wondered why other companies hadnt thought of this genius business strategy. Salaries posted anonymously by Bain & Company employees. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Bain & Company pays Senior Managers $191,662 per year on average. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. The earthquake disaster in our country is heart-wrenching. 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. 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. MBA hires at Bain get PTO vacation of 25 days per year. The solidarity that has been shown is our only comfort. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. The estimated additional pay is $89,000 per year. Bain looks for practical, leadership experience. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Yes, the pay is good at Bain & Company. 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. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. 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 . We are a global consulting firm working with the worlds leading businesses to More. .css-1odorsr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1ln5qhx{-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1dmvvgc{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}Get your salary negotiated .css-1npej63{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.25rem;margin-left:-4px;}or your resume reviewed by the real experts - recruiters who do it daily. 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! 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. Cost of living can vary dramatically depending on the part of the country you're in. . Some of the competitors of Bain & Company are L.E.K. 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. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Work experience (exact years of dependent on specific experience). Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. The estimated total pay for a Senior Manager at Bain & Company is $329,629 per year. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Bain & Company. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. This is 61% more than the national average salary for Senior Managers. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The solidarity that has been shown is our only comfort. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. The whole country is working hand in hand to heal the wounds. Get an inside look at Bain & Company and see live discussions from 5031 employees. As part of the transition to firm leadership, the learning curve for managers is steep. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. My path to Bain has been interesting. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. The starting pay for a Senior Manager at Bain & Company is $86,000 per year, or $41 an hour. Please read and agree to the Privacy Policy. This is a formal promotion and a significant career turning point at either firm. 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. My path to Bain has been interesting. 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! It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. $260,500 - $313,000 a year. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Bain SalariesTotal compensation packages at Bain. 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. Find out what works well at Bain & Company from the people who know best. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? 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. Learn how this feature works. 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. Florian spent 5 years with McKinsey as a senior consultant. 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. Deloitte: $230,000 He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Learn about the award and see why employees love working at Bain. 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. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Get Paid, Not Played . 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)! Compared to the industry average of $90,571 per year, the average annual salary at Bain & Company is $89,339, which is 1.36% lower. 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! 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. 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. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. Your input helps Glassdoor refine our pay estimates over time. Some receive only 10% of the potential payout. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. The estimated base pay is $164,681 per year. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? 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. 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. Learn about the award and see why employees love working at Bain. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. 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! How accurate does $143,000 - $215,000 look to you? Averages based on self-reported salaries. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Highest Paying Similar Job At Bain & Company. I was going to help people solve problems. Additional pay could include bonus, stock, commission, profit sharing or tips. Masters-level graduates get offered around $112,000 in base salary at Bain. On Glassdoor I found about 70k base + bonus but I wonder if it is still updated McKinsey & Company Boston Consulting Group more 4 Like 9 Comments Shares 2 an Analyst Conversation Starter This is the employer's chance to tell you why you should work for them. When factoring in bonuses and additional . The whole country is working hand in hand to heal the wounds. 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. I was going to help people solve problems. Bain & Company pays $118,906 per year on average compared to L.E.K. Check out the latest Bain & Company Jobs. The typical Bain & Company Senior Manager salary is 119,000 per year. Your email address will not be published. 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. Any update on the Mck comp. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. As part of the transition to firm leadership, the learning curve for managers is steep. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Average salaries for Bain & Company Senior Manager: $164,681. Each promotion to a higher level will also coincide with a salary leap. However, workers in the marketing department earn an average salary of $129,308 per year. He ranks as the most successful consulting case and fit interview coach, generating more than 420 offers with MBB, tier-2 firms, Big 4 consulting divisions, in-house consultancies, and boutique firms through direct coaching of his clients over the last 3 years. New York, NY. We even created Excel templates and PowerPoint presentations. Master's-level graduates get offered around $112,000 in base salary at Bain. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 3 Comments Shares 2 . I was going to help people solve problems. Hence, the maximum bonusis given only tothe few % of consultants with a perfect rating, whereas the majority receives around 40 to 60% of the maximum amount. Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. 129,308 per year McKinsey internship salary are usually pro-rated current employments at Bain & Company wondered why other companies thought... Employee data is based on the part of the competitors of Bain & amp Company... 505863 ; font-weight:700 ; } Boston Consulting Group which pays $ 89,339 per.... Interviewer and problem-solving coach, having interviewed 100s of candidates in real mock... The Manager level with a salary leap look to you in cash to the World Food Program and Map! 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