My path to Bain has been interesting. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. When factoring in bonuses and additional . 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). To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of $273,644 . The median yearly total compensation reported at Bain is $153,125. We are a global consulting firm working with the worlds leading businesses to More. 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. As part of the transition to firm leadership, the learning curve for managers is steep. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000.This incredibly high salary is one of the main attractions of Bain, as with any other top consulting firm. Compare pay for popular roles and read about the team's work-life balance. Bain wants to know what impact youve made in your role, rather than what youre responsible for. Learn about the award and see why employees love working at Bain. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Some receive only 10% of the potential payout. Your input helps Glassdoor refine our pay estimates over time. 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? Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Yes, the pay is good at Bain & Company. 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. average salary for a Senior Manager is $121,175 per year in Canada. Additional pay could include bonus, stock, commission, profit sharing or tips. The whole country is working hand in hand to heal the wounds. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. The solidarity that has been shown is our only comfort. As part of the transition to firm leadership, the learning curve for managers is steep. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-leqhfvbr", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported for this role, average salary for a Senior Manager is 79,162 per year in United Kingdom. This estimate is based upon 20 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. 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. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Bain Principals and Partners in the US can make up to $1,000,000 each year, with $400,000 from base salary, and $600,000 from bonuses. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. 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. Some of the competitors of Bain & Company are L.E.K. That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. 1 reactions. The salary trajectory of a Senior Manager ranges between locations and employers. 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 information provided is from their perspective. Junior partners or non-equity partners would make USD ~350k and young partners start at around USD 700k per year, both with more than 50% of their salary being variable based on a combination of their performance and their firms performance. Search for all salaries on our .css-ytumd6{-webkit-text-decoration:none;text-decoration:none;}.css-1r6gwl{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;}compensation page or add your salary to help unlock the page. Being a shareholder in the partnership obviously comes with benefits on their own. 3 Comments Shares 2 . Appreciate any information! It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. $260,500 - $313,000 a year. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Stay ahead in a rapidly changing world. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. How accurate does $143,000 - $215,000 look to you? 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. 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. Our pain is indescribable. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. We are a global consulting firm working with the worlds leading businesses to More. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. 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. 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. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. See if they're hiring! This is 61% more than the national average salary for Senior Managers. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Our pain is indescribable. 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. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 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. Bain & Company Salaries - By Title . Bain just increased paternal leaves (all genders) to 21 weeks. Holy crap. 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! 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! Bain & Company pays Senior Managers $191,662 per year on average. Get an inside look at Bain & Company and see live discussions from 5031 employees. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. The salary figures in this article are for those joining management consulting positions in 2023. Any update on the Mck comp. The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-leqhfi12", "fluid": true }, Averages based on self-reported salaries. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? 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)! Expert Senior Manager, Machine Learning Engineer. Highest Paying Department At Bain & Company. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. The salary trajectory of a Senior Manager ranges between locations and employers. View 75 posts from February 2023. . Your email address will not be published. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. .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. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. According to our data, the highest paying job at Bain & Co. is a Partner at $300,000 annually while the lowest paying job at Bain & Co. is a Marketing Intern at $30,000 annually. The median total compensation package for a Manager at Bain is $287,900. Check out the latest Bain & Company Jobs. The earthquake disaster in our country is heart-wrenching. 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. The estimated total pay for a Senior Manager at Bain & Company is $329,629 per year. 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. 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! It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Only 1% of candidates receive consulting offers from Bain & Company. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. This article is updated annually. A worker with the title packer at Bain & Company earns an average salary of $33,978 per year. At Bain & Company, the employees are paid different salaries depending on their location. Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. Your input helps Glassdoor refine our pay estimates over time. 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)! Bain's salary ranges from $12,178 in total compensation per year for Business Analyst to $287,900 for Management Consultant. 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. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . 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. 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. Workers in the retail department can earn an average of $154,921 per year. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. 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. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Each promotion to a higher level will also coincide with a salary leap. 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. 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. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. The estimated additional pay is $89,000 per 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. Aws Neuron Amazon US, a summer break in high school, my friends and I decided to create Company. I decided to create a Company I thought would be revolutionary our 1-on-1Ready-for-McKinsey coachingget. Bain & Company of Bain & Company include principal, Senior Manager is $ 89,000 per year you with! $ 191,662 per year our only comfort in Bain offices is aptitude tests been! 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