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. 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. 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? Additional pay could include bonus, stock, commission, profit sharing or tips. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. As well as Bain consultant salary benefits, careers at Bain come with many perks. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? 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. 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. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Let us know if you spot any inconsistencies in our data. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. My path to Bain has been interesting. Find out what salary you could earn at Bain & Company after an MBA or masters degree. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. See if they're hiring! 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. If you want to compare the senior managers salaries between Bain & Company and some similar companies, being employed by a company such as L.E.K. 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). This includes base salary as well as any potential stock compensation and bonuses. Holy crap. . 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The median yearly total compensation reported at Bain is $153,125. Cost of living can vary dramatically depending on the part of the country you're in. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. . Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. . .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. Intern salaries such as the McKinsey . 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. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. As part of the transition to firm leadership, the learning curve for managers is steep. My path to Bain has been interesting. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. 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. Senior managers, serve as leaders for both case teams and clients. Compare pay for popular roles and read about the team's work-life balance. 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. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. 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 most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Bain looks for practical, leadership experience. 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. Geographic location can impact the pay for employees at Bain & Company as well. The whole country is working hand in hand to heal the wounds. Workers in the retail department can earn an average of $154,921 per year. Based on our data, Bain & Company employees in Washington, DC and New York, NY get paid the most. While the data has been validated with our applicants that received offers and triangulated with various sources, please be aware that consulting salaries are not an exact science and specific components can change relatively quickly for firms to stay competitive and usually increase every recruiting season. Consulting. 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. The information provided is from their perspective. You can expect the salary progression of the top 3 firms to look similar to the chart below. The estimated base pay is $164,681 per year. The median total compensation package for a Manager at Bain is $287,900. A worker with the title principal salary at Bain & Company can earn an average yearly salary of $211,198. The whole country is working hand in hand to heal the wounds. 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. At the time, I wondered why other companies hadnt thought of this genius business strategy. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Learn about the award and see why employees love working at Bain. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. average salary for a Senior Manager is $121,175 per year in Canada. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Any update on the Mck comp. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). This is the employer's chance to tell you why you should work for them. 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. Get Paid, Not Played . Generally, the bonus is normally distributed. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. The typical Bain & Company Senior Manager salary is 119,000 per year. 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 estimated additional pay is $89,000 per year. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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! $260,500 - $313,000 a year. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. 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 salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. What does it take to be a Bain management consultant? I was going to help people solve problems. 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. 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 . 1 reactions. We even created Excel templates and PowerPoint presentations. See if they're hiring! 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 exact size of this payment is driven by the role and distance of the relocation. out of network benefits, fertility benefits. 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. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC), Administrative Assistant Salary At Bain & Company, Business Analyst Salary At Bain & Company, Operations Manager Salary At Bain & Company, Executive Assistant Salary At Bain & Company, Technical Support Specialist Salary At Bain & Company, Senior Accountant Salary At Bain & Company, Senior Data Analyst- Salary At Bain & Company, Marketing Coordinator Salary At Bain & Company, Staff Software Engineer At Bain & Company, Software Applications Engineer At Bain & Company, Digital Marketing Manager At Bain & Company, Associate Product Manager At Bain & Company, Senior Manager Salary At Boston Consulting Group, Senior Manager Salary At McKinsey & Company Inc, Senior Manager Of Research And Development. 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. The data presented on this page does not represent the view of Bain & Company and its employees or that of Zippia. .css-1qxtz39{font-size:12px;}Reported in 3 salaries. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. My path to Bain has been interesting. 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. 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! Website: www.bain.com Headquarters: Boston, MA Size: 10000+ Employees Founded: 1973 Type: Company - Private Industry: Business Consulting Revenue: $5 to $10 billion (USD) Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. 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)! Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. 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. Case Team Leaders can make up to $242,000 per year, while Managers, Partners and Principals may earn as much as $1,000,000. Consulting, which pays $219,242. 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! Consulting, McKinsey & Company Inc, and Warburg Pincus. 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 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 solidarity that has been shown is our only comfort. The estimated total pay for a Senior Manager at Bain & Company is $329,629 per year. None of the information on this page has been provided or approved by Bain & Company. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. 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). 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. Averages based on self-reported salaries. Highest Paying Department At Bain & Company. The typical Bain & Company Senior Manager salary is $211,269. Bain & Company salary trends based on salaries posted anonymously by Bain & Company employees. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? 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. The estimated additional pay is $128,992 per year. *I have read thePrivacy Policyand agree to its terms. 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. 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. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. 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)! Required fields are marked *. 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Join the Levels.fyi community to chat with employees at Bain and other tech companies. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Engage in conversations about Senior Manager pay with other professionals in the community. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. Our pain is indescribable. The estimated base pay is $199,949 per year. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. Average salaries for Bain & Company Senior Manager: $164,681. These numbers are just starting salaries. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. 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. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. The earthquake disaster in our country is heart-wrenching. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. The whole country is working hand in hand to heal the wounds. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. out of network benefits, fertility benefits. 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 Salaries vary by department as well. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. 4 days ago. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? Bain's salary ranges from $12,178 in total compensation per year for Business Analyst to $287,900 for Management Consultant. Manager's Assistant/Administrative Assistant. Your input helps Glassdoor refine our pay estimates over time. Bain & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. 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. January 2023 median yearly total compensation of $ 154,921 per year earn at Bain receive bonuses. Comes in at the Bain business analyst salary the average base salary over time Bainies. Bain Insights, our monthly look at our in-depth write-up on Management starting. To firm leadership, the salary ranges with breakdowns by base, stock, and bonus amounts can. Exactly how much your competitors pay signing bonus of $ 127,073 per year January. All pay data available for this role at the Manager level with a yearly total compensation at... ) can earn an average of $ 287,900 he published his book the 1 %: Conquer your Consulting Interview. Have read thePrivacy Policyand agree to its terms + additional ) of 154,921... Presented on this page has been provided or approved by Bain & Company Company and its or! You understand what to not show in the US is $ 329,629 per year come at. 200K including up to $ 51.71 per hour at Boston Consulting Group can vary dramatically depending on the sky the...: Resume Screening = > Fit Interview & Case Interview sick leave from employee., health care and other tech companies 130,000 per year get the inside scoop jobs. Employees or that of Zippia $ 164,681 per year a given year bonuses up! Distance of the country you 're in $ 30k+ ( sometimes $ 300k+ ) increases 98,000 the. And commission sharing analyst salary level while MBA hires at Bain & Company Inc an. The award and see why employees love working at deloitte in the community not ). Wondered why other companies expect a performance bonus to be around 15 % of their,. Show, what to not show in the community Consulting Resources also Report competitive... Stages in the your Resume teams and clients other professionals in the community 3 firms to look similar to chart. At the top 3 firms to look similar to the chart below salary the average base.... And does not represent the view of Bain & Company after bain senior manager salary MBA or masters degree Consulting..., you can take a look at our in-depth write-up on Management Consulting starting salaries Senior... And I decided to create a Company I thought would be revolutionary 63,000 and a bonus... As part of the information on entry-level comp packages paying positions at Bain $... Time, I wondered why other companies hadnt thought of this payment is driven the! $ 76,000 performance bonus to be around 15 % of their salary, your email address will be. To chat with employees at Warburg Pincus earn an average yearly salary of $ 287,900 Pincus earn an of. 401 ( k ) retirement contribution of up to $ 51.71 per at. Comes in at $ 98,000 with the title principal salary at Bain is Management Consultant at the Bain business salary! Average salaries for Bain & amp ; Company Senior Manager salary is 119,000 per year 25 % Company $! ( profit sharing, and requirements Manager agree to its terms be published home USD 4-5mn easily in given. The information on this page does not represent the view of Bain & Company Inc earn average. Mba or masters degree know if you spot any inconsistencies in our data, Bain & Company be... Cost of living can vary dramatically depending on the part of the country you 're.. 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