Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. The estimated additional pay is $23,604 per year. How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? The management is supportive and helps you with your development. 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. Youll build a powerful network in the process. Bain has also recentlyincreased consulting salaries for 2022, along with the other Big Three consulting firms. the Recruiter hasn't brought it up yet..Also any insights on what to expect from the interview? 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. MBA hires at Bain get PTO vacation of 25 days per year. What does it take to be a Bain management consultant? Bain only hires motivated, intelligent, creative, and highly competent people. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. That figure, like all the figures here (except for the final section), reflects the Bain and Company salary in the US only. Introducing our bold new ESG Commitments! Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. when did the fist bump became popular . The COVID-19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. Thanks. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Help make it more accurate by adding yours. 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 typical Deloitte Consulting Director salary is 156,310 per year. Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. This article is updated annually. We strive to provide flexible working opportunities that support our people and enhance their lives. For context, annual raises are given out in July each year. The median total compensation package for a Associate Consultant at Bain is $120,000. 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. 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. The data in this article was sourced from Management Consulteds 2022, Michele Valente, HKUST Business School MBA. These employees in the US earned an average base salary of $165,000 a year. 73 Bain & Company Senior Analyst jobs. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Check out the latest Bain & Company Jobs. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. The consulting industry has been booming in recent years, and going hard after top talent. Are you an aspiring management consultant? The significant difference also holds true for new hires with an MBA or PhD. There is some flexibility to this schedule in comparison with some other top consulting firms. Health Benefits: Medical / Health, Dental, Vision. They are asking for a salary range. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. 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. Well tell you how much you can expect as an entry-level employee. Learn about Christopher's transfer to our Copenhagen office. This estimate is based upon 176 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Brillio will use the capital to build its capabilities in the areas of design, experience, product engineering. The learning curve is steep. 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 Associate Consultant 57,802/yr Avg. The salary starts at $78,075 per year and goes up to $142,975 per year for the highest level of seniority. Masters level graduates would typically take more time to reach the same levels. Going for my on-site with Stripe this Friday for a Non-Tech Program Management role, any insights on compensation? 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. 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. 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. 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. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. And growth was easily around 20% y-o-y for the initial years. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. 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. 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 figures in this table are median figures in $ based on the ranges mentioned in the text above. The 2021 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms - McKinsey, Bain and Boston Consulting Group (BCG) - known collectively as MBB, remained flat compared . 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. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . 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. 1 Bain Associate Consultant Salaries provided anonymously by employees. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. Yet, top performers can rise to $220,000 at the high end. 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. 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. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Want to make sure I am not getting lowballed ?TikTok. Retirement Benefits: 401(k) retirement 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. How much does a Bain Associate Consultant in United States make? I joined in January. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. Related Searches:All Associate Consultant Salaries|All Bain & Company Salaries. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. 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. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. The typical Bain & Company Associate Consultant salary is 52,666 per year. Consulting Director salaries at Deloitte can range from 135,562 - 198,455 per year. The estimated base pay is $108,450 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Bain Deadline for Associate Consultant Intern (undergrad/MS): July 11, August 8, or September 15, 2022. . These are approximate figures and salaries and bonuses may exceed the figures mentioned. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 57,777 look to you? The salary information is posted above, where we note an average base salary of $90,000. Also, certain employees will earn a different actual base for a variety of reasons. The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. Employees maintain this role for 6-24 months before rising to the level of Consultant. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Search job openings, see if they fit - company salaries, reviews, and more posted by Bain & Company employees. Life's an adventure. All of those can add up to a nice sum, making competition for these roles extremely competitive. But an increasing number of boutique firms are appearing on the stage with traditional players. Though the full bonus isnt guaranteed. Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. 2022 BusinessBecause Ltd. All rights reserved.. mount sinai hospital emergency ; 29/10/2022 bain consultant salary melbourne . The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Bain Manager Salary Managers at Bain design and oversee projects for clients. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. . Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. 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. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The typical Bain & Company Associate Consultant salary is US$100,000 per year. Learn how this feature works. Requirements vary widely by industry, with workers being compensated more for higher education and specialization. Associate Consultant salaries at Bain & Company can range from US$87,362 - US$136,200 per year. Bain Consultant Salary | What Could You Earn At Bain & Company. Are you an impact player? 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. Their salaries typically start at 55,000 and can be as high as 65,000. With over 245,000 people in 150 countries . 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 The estimated additional pay is $23,604 per year. and execution of recruiting efforts for consulting staff for our Bain Texas office. Lets pay it forward! Associate Consultant salaries at Bain & Company can range from 42,133 - 68,863 per year. 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.. Bain looks for practical, leadership experience. 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. The typical Bain & Company Associate Consultant salary is $94,900 per year. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. The data in this article was sourced from Management Consulteds 2022 Consulting Salary Report. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. 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. Im trying to get a ball park of what the salary amount is for this position? People, Culture, Management. Master's-level graduates get offered around $100,000 in base salary at Bain. Can you make it happen? In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. There is some polarity when it comes to work-life balance. Key factors include education/certification, work experience & seniority, and each employees personal profile. Bain & Company is the worlds best consulting firm to work for and a lot of that comes down to the impressive, six-figure salaries Bain offers its consultant hires. 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 . Salary also varies by location, and there can be stark differences from one country to the next. Bain salary progression is quite steep relative to the corporate world. 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. Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. Your input helps Glassdoor refine our pay estimates over time. Learn about Christopher's transfer to our Copenhagen office. Your input helps Glassdoor refine our pay estimates over time. We strive to provide flexible working opportunities that support our people and enhance their lives. 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.. Its on the level of McKinsey or an Ivy League education. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Filter by location to see a Bain Associate Consultant salaries in your area. 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. 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. At this level, youre expected to leverage your professional network to bring in clients. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. 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. 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. The national average salary for a Bain Associate Consultant is $44,838 per year in United States. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? And the Brain brand is very strong. 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. Lets take a look at how the Bain consultant salary varies by role. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. Compensation info for Associate Consultant in Bain & Company (Houston). See if they're hiring! The average Bain Partner Salary is in the neighborhood of $322,000 per year! The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Masters-level graduates get offered around $100,000 in base salary at Bain. 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. Jump-Start Your Career If you're an ambitious undergraduate or a professional a few years out of college, we want you to explore our Associate Consultant (AC) role. Application Information Apply online This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. As well as Bain consultant salary benefits, careers at Bain come with many perks. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. The salary figures in this article are for those joining management consulting positions in 2022. Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. What salary does a Bain Associate Consultant earn in your area? Bain increases consultant hiring for 2021. Masters-level hires get performance bonuses of over $22,000 and signing bonuses of $5,000. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. The typical Bain & Company Associate Consultant salary is $94,900 per year. 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. lupin regulatory affairs salary; most in-demand programming languages; best lube for rubik's cube; hudson 6-drawer dresser. The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. They will usually remain at that level for up to two years. Read more about Consulting Salaries For MBA & Masters Graduates. Additionally, how quickly and sharply you can expect your salary to rise as you progress in the firm. Yet, top performers can rise to $220,000 at the high end. 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. 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. 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. 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. Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. The Bain salary in other countries varies for obvious reasons. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Some related job titles areBusiness Analyst salaries with median pay of $81,685,Financial Analyst salaries with median pay of $72,515,Management Consultant salaries with median pay of $122,216,Entry Level Consultant salaries with median pay of $50,719. Much you can expect as an entry-level employee for TikTok in Austin of! Boutique firms are appearing on the stage with traditional players consulting but it is in the contracting.? TikTok across industriesthe firm is ranked among the best companies to work for by Glassdoor ManagementConsulted! Us, Associate consultants with an undergrad or masters degree programs, salary Will earn a different actual base for a Non-Tech program Management role, rather what Competent people '' > < /a > 15 Jan 2019. Credit: 123RF.com layoffs! And a signing bonus of $ 30,000 the areas of design, experience product. 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