The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. You’ll build a powerful network in the process. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Just look at Goldman Sachs, where the compensation ratio for the second quarter of 2018 fell to a historic low, as the firm devoted just 37% of its revenues to compensation. What It’s Really Like to Work at Some of the World’s Most Iconic Brands, 8 Companies Offering Seriously Good Financial Benefits, 10 UK Jobs Where You Can Earn More Than £65,000, The 25 Highest Paying Companies in the UK for 2019, 10 Highest Paying Entry-Level Jobs in the UK, The Best Questions to Ask at an Interview, According to a Hiring Manager, 5 Keys to Preparing for a Competency-Based Interview, OTC Equity Derivatives Client Relationship Manager, Consultant salaries - 68 salaries reported, Associate Consultant salaries - 64 salaries reported, Senior Associate Consultant salaries - 19 salaries reported, Case Team Leader salaries - 11 salaries reported, Senior Consultant salaries - 8 salaries reported, Manager Assistant salaries - 4 salaries reported, Executive Assistant salaries - 3 salaries reported, Senior Analyst salaries - 2 salaries reported, Consultant salaries - 2 salaries reported, Senior Associate salaries - 2 salaries reported, Consultant (First Year) salaries - 2 salaries reported, Consulting Practice Manager salaries - 1 salaries reported, Project Manager salaries - 1 salaries reported, Human Resources Analyst salaries - 1 salaries reported. Goldman Sachs International paid an average of £399k for 2017), but it does at least come with one consolation: that you're primarily for yourself. At this level, you’re expected to leverage your professional network to bring in clients. by The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. These employees in the US earned an average base salary of $165,000 a year. Competition for talent is high, and it has driven salaries up. How Are Businesses Really Treating Employees During COVID-19? "As a veteran myself and someone who's made the transition from active duty to the private sector, I'm intimately familiar with a lot of the concerns that our veterans have." Our manager of global diversity programs, Larry, has lived experiences that inform his strategy as an advocate for LGBTQ and veteran recruitment on a daily basis. This equates to $116,000 in base salary and $53,000 in performance bonuses. Get a free, personalised salary estimate based on today's market, Check out the latest Bain & Company Jobs & Careers. The significant difference also holds true for new hires with an MBA or PhD. Learn more about the Bain & Company London office. Let’s take a look at how the Bain consultant salary varies by role. Presuming that Bain & Co. UK employs around 1,200 people, the implication is that the company spends an average of around £100k per head each year on compensation.
You can read their business bios online, but those barely scratch the surface of who they are and the important work they’re doing. Bain & Co. isn't alone in its generosity - at Boston Consulting Group, 60% of turnover went on staff costs last year and a further 32% (the profits) was redistributed between partners, with the result that BCG employees and partners combined received 92% of the takings. Salaries posted anonymously by Bain & Company employees. How to Answer: What Are Your Strengths and Weaknesses? Bain only hires motivated, intelligent, creative, and highly competent people. More about Bain & Company. "As a veteran myself and someone who's made the transition from active duty to the private sector, I'm intimately familiar with a lot of the concerns that our veterans have." Our manager of global diversity programs, Larry, has lived experiences that inform his strategy as an advocate for LGBTQ and veteran recruitment on a daily basis.
I’ll get a little bit more specific, going off the assumption that you are currently interested in breaking into one of these firms. Last year, 80% did.
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. Copyright © 2008–2020, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. How much do Bain & Company employees make? So, if you’re wondering how much consultants are paid, this article is the answer – a comprehensive list of management consulting salaries, by position, background and firm. Let’s compare the entry level salaries between both countries. Glassdoor will not work properly unless browser cookie support is enabled.Learn how to enable cookies.
But there’s no single answer to the question of what a Bain salary is, of course. https://bit.ly/2FS2pfn. We’ll also take a look at the nature of the career path at Bain, as well as employee reviews. The Glassdoor reviews also tend to cite many familiar cons—the hours are long and there is a lot of travel involved.
Here’s Exactly What to Write to Get Top Dollar, How To Follow Up After an Interview (With Templates! 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. 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. They will usually remain at that level for up to two years. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more.
And the Brain “brand” is very strong. Beyond the Bio is back with new episodes! Bain & Company Salaries trends. In 2016, 77% of Bain's UK revenues went to paying its UK staff. This estimate is based upon 15 Bain & Company Associate Consultant salary report(s) provided by employees or … We've been there - breaking into consulting is hard. It’s one of the benefits of consulting – but it is in line with other top-tier consulting firms. It’s on the level of McKinsey or an Ivy League education. It's also reflective of the low capital intensity of consulting businesses - with no public shareholders and limited capital invested in the business, employees are the main beneficiaries when the the company makes money.
Last year, 80% did. For new hires coming out of undergraduate or master’s degree programs, the base salary averages $90,000 per year. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. How Are Businesses Really Treating Employees During COVID-19? Goldman Sachs' trading profits exceeded $100m on 44 days this year, Associate - Global Private Equity Secondaries Fund, ''' Buy Side'' Equity Research Associate, Global Asset Management Firm - Equity Analyst , CFA, ACA wanted. Join today for free help from, 30min 1:1 Zoom session with MBB coach of your choice, Limited digital pass: 24 templates, 6 e-books, 8 hours 1:1 Zoom sessions with MBB coach of your choice, All digital pass: 500 cases, 10K+ math/structure drills, 8 video courses. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference.
Beyond the Bio is back with new episodes! 30 July 2018. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. The Bain salary in other countries varies for obvious reasons.
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