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Can you make it happen? 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. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Bain only hires motivated, intelligent, creative, and highly competent people. After two years as a Consultant, employees who remain with the company and perform well are promoted to Case Team Leader for another two years. Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. Total Pay 52,666/yr Base Pay 7,471/yr Additional Pay Based on 136 SalariesFull Pay Details See salaries from all locations Manager 136,400/yr Avg. Yet, top performers can rise to $220,000 at the high end. The salary information is posted above, where we note an average base salary of $90,000. They will usually remain at that level for up to two years. 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. This estimate is based upon 176 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. 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. Managers at Bain design and oversee projects for clients. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. See if they're hiring! Bain Deadline for Associate Consultant Intern (undergrad/MS): July 11, August 8, or September 15, 2022. . The typical Bain & Company Associate Consultant salary is US$100,000 per year. 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 Associate Consultant Jobs or see Associate Consultant Salaries at other companies. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. 15 Jan 2019. Credit : 123RF.com. Master's-level graduates get offered around $100,000 in base salary at Bain. Additional pay could include cash bonus, commission, tips, and profit sharing. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. 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. 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. Though the full bonus isnt guaranteed. But compensation is competitive from the beginning. Application Information Apply online 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. But theres no single answer to the question of what a Bain salary is, of course. when did the fist bump became popular . Deloitte Consulting Salary Consulting is the most well-compensated service at Deloitte. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Introducing our bold new ESG Commitments! 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. How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? Key factors include education/certification, work experience & seniority, and each employees personal profile. Associate Consultant salaries at Bain & Company can range from US$87,362 - US$136,200 per year. Yet, top performers can rise to $220,000 at the high end. 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. 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. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. The typical Bain & Company Associate Consultant salary is $94,900 per year. Bain increases consultant hiring for 2021. 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. What does it take to be a Bain management consultant? 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. 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 Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. The estimated additional pay is $23,604 per year. Level: Associate / Consultant (Post MBA Role, no MBA) Years at firm: Coming up to 1 (Experienced hire from other consultant) 2020 base: 90k . But if you work for one, you'll earn a lot less on average than if you work for an investment bank. 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. Does any one in this board work for Humana in the provider contracting professional/contract negotiating role? Bain looks for practical, leadership experience. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. I have 4 virtual rounds. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. 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. 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 learning curve is steep. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. lupin regulatory affairs salary; most in-demand programming languages; best lube for rubik's cube; hudson 6-drawer dresser. The salary figures in this article are for those joining management consulting positions in 2022. Associate consultant is the title new undergraduate hires typically start working under at Bain and Company. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The consulting industry has been booming in recent years, and going hard after top talent. The average Bain Partner Salary is in the neighborhood of $322,000 per year! The typical Bain & Company Associate Consultant salary is $94,900 per year. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. 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. Salary also varies by location, and there can be stark differences from one country to the next. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. The salary trajectory of an Associate Consultant ranges between locations and employers. These employees in the US earned an average base salary of $165,000 a year. The cost of living also balances things a bit, as cost of living in the UK is 7% cheaper, with rents in particular 30% cheaper than they are in the US. Salary information comes from 7 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Averages based on self-reported salaries. Learn how this feature works. As an associate consultant, you'll apply and develop your analytical, interpersonal, creative thinking, business management and leadership skills from day one. Brillio will use the capital to build its capabilities in the areas of design, experience, product engineering. Additional: COVID slowed hiring, but no pay cuts or layoffs. 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. 2021 base: ~100k, estimate but unconfirmed. The estimated additional pay is $23,604 per year. 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 are asking for a salary range. Check out the latest Bain & Company Jobs. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $132,054 look to you? The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. and execution of recruiting efforts for consulting staff for our Bain Texas office. This estimate is. 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.. Thoughts on this? Bain Case Team Leader Salary (2020) Base: $175,000 And growth was easily around 20% y-o-y for the initial years. Pros. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. Learn about Christopher's transfer to our Copenhagen office. I think hiring is now returning (at least at campus level) Well also take a look at the nature of the career path at Bain, as well as employee reviews. Related Searches:All Associate Consultant Salaries|All Bain & Company Salaries. 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. Employees maintain this role for 6-24 months before rising to the level of Consultant. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. How much does a Bain Associate Consultant in United States make? 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. mount sinai hospital emergency ; 29/10/2022 bain consultant salary melbourne . 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. The estimated base pay is $108,450 per year. Whats the base salary for Brand partnership manager for TikTok in Austin. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. My jaw about just dropped when big boss said this. 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. In the U.S, an entry-level Analyst can make approximately $83,000 each year, while the higher-level Consultant and Senior Consultant earn $90,000 and $110,000 respectively. We strive to provide flexible working opportunities that support our people and enhance their lives. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. Deloitte Jobs by Salary Deloitte pays its employees an average of $85,201 a year I interviewed at Deloitte Damn, that raise is pretty disappointing Borne retrait fnac darty . 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. People, Culture, Management. Associate Consultant Bain & Company Oct 2020 - Present1 year 11 months Los Angeles, California, United States Growth Associate Fanimal, Inc. Dec 2019 -. Your input helps Glassdoor refine our pay estimates over time. 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. 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.. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Competition for talent is high, and it has driven salaries up. Strategy consulting firms spent a lot on pay. Average Bain & Company Associate Consultant yearly pay in the United States is approximately $103,348, which is 53% above the national average. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. We strive to provide flexible working opportunities that support our people and enhance their lives. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. Search job openings, see if they fit - company salaries, reviews, and more posted by Bain & Company employees. 2022 BusinessBecause Ltd. All rights reserved.. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. This equates to $116,000 in base salary and $53,000 in performance bonuses. Health Benefits: Medical / Health, Dental, Vision. 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. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Bain recruits MBA and masters level consultants from top US business schools including Harvard, Wharton, and Stanford as well as schools outside the US like INSEAD, HEC Paris, and London Business School. The figures in this table are median figures in $ based on the ranges mentioned in the text above. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. Associate Consultant 57,802/yr Avg. 73 Bain & Company Senior Analyst jobs. 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. 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. 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. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. Please note that all salary figures are . 2020 all-in: ~100k Incl Sign on . The management is supportive and helps you with your development. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Lets pay it forward! Bain wants to know what impact youve made in your role, rather than what youre responsible for. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. 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. By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Masters-level graduates get offered around $100,000 in base salary at Bain. 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. Retirement Benefits: 401(k) retirement With over 245,000 people in 150 countries . The estimated base pay is $108,450 per year. Im trying to get a ball park of what the salary amount is for this position? Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? The typical Deloitte Consulting Director salary is 156,310 per year. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Masters-level hires get performance bonuses of over $22,000 and signing bonuses of $5,000. Bain salary progression is quite steep relative to the corporate world. Workplace Enterprise Fintech China Policy Newsletters Braintrust parts for duromax generators Events Careers famous peadophiles uk Compensation info for Associate Consultant in Bain & Company (Houston). MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Associate Consultant salaries at Bain & Company can range from 42,133 - 68,863 per year. Check out the latest Bain & Company Jobs. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. This estimate is based upon 137 Bain & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. Bain Manager Salary Managers at Bain design and oversee projects for clients. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. A Bain consultant salary is one of the most competitive in the management consulting industry. I joined in January. 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 Bain salary in other countries varies for obvious reasons. Im in the north east Florida region. Help make it more accurate by adding yours. However, employees say that in practice, Bain tends to adhere to the average schedule detailed above. 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. 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. 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. Filter by location to see a Bain Associate Consultant salaries in your area. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. the Recruiter hasn't brought it up yet..Also any insights on what to expect from the interview? This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Consulting Director salaries at Deloitte can range from 135,562 - 198,455 per year. Want to make sure I am not getting lowballed ?TikTok. 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. Their salaries typically start at 55,000 and can be as high as 65,000. The median total compensation package for a Associate Consultant at Bain is $120,000. Read more about Consulting Salaries For MBA & Masters Graduates. Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. Its on the level of McKinsey or an Ivy League education. These are approximate figures and salaries and bonuses may exceed the figures mentioned. 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. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. At this level, youre expected to leverage your professional network to bring in clients. As well as Bain consultant salary benefits, careers at Bain come with many perks. Are you an aspiring management consultant? Lets compare the entry level salaries between both countries. Find out what salary you could earn at Bain & Company after an MBA or masters degree, Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. The estimated additional pay is $3,665 per year. 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. 0 years starts at MBA hiring level (consultant). As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. On top of that, employees are eligible for up to $41,250 in performance bonuses. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Introducing our bold new ESG Commitments! 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. The national average salary for a Bain Associate Consultant is $44,838 per year in United States. 1 Bain Associate Consultant Salaries provided anonymously by employees. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. PhD & Masters) and working professionals with less than 2 years full. Additional pay could include bonus, stock, commission, profit sharing or tips. Thanks. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. There is some flexibility to this schedule in comparison with some other top consulting firms. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Associate Consultant Salaries by Location. 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). 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 highest salary for a Bain Associate Consultant in United States is $70,387 per year. 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. All of those can add up to a nice sum, making competition for these roles extremely competitive.
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bain salary associate consultant
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