The solidarity that has been shown is our only comfort. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. The whole country is working hand in hand to heal the wounds. Like. He ranks as the most successful consulting case and fit interview coach, generating more than 420 offers with MBB, tier-2 firms, Big 4 consulting divisions, in-house consultancies, and boutique firms through direct coaching of his clients over the last 3 years. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Averages based on self-reported salaries. At the time, I wondered why other companies hadnt thought of this genius business strategy. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. 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. . The average salary for a Senior Manager is $119,026 per year in United States, which is 53% lower than the average Bain & Company salary of $253,681 per year for this job. The information provided is from their perspective. 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)! 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. Yes, the pay is good at Bain & Company. This is the employer's chance to tell you why you should work for them. Zippia gives an in-depth look into the details of Bain & Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bain & Company. 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). Learn how this feature works. Get an inside look at Bain & Company and see live discussions from 5031 employees. My path to Bain has been interesting. Required fields are marked *. You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. We even created Excel templates and PowerPoint presentations. You'll play a critical leadership role in your office, coordinating training, aligning professional standards and social impact initiatives, and sharing your expertise by supporting ACs and consultants with their career planning. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. 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. 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! Machine Learning Engineer salary in the United States at Bain & Company. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? New hires can expect relocation support payments between USD 2k and 10k. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Highest Paying Department At Bain & Company. $260,500 - $313,000 a year. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. 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. See if they're hiring! Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Workers in the retail department can earn an average of $154,921 per year. On Glassdoor I found about 70k base + bonus but I wonder if it is still updated McKinsey & Company Boston Consulting Group more 4 Like 9 Comments Shares 2 an Analyst Conversation Starter In this article, lets find out and compare Bain salaries across different positions in 12 countries. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Employees who work in the retail organizational function tend to get paid the most at at Bain & Company, earning an average yearly salary of $154,921. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. How accurate does $143,000 - $215,000 look to you? After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Help make it more accurate by adding yours. Intern salaries such as the McKinsey . That aims to maximize the chance of entering stage 2. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. . 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 earthquake disaster in our country is heart-wrenching. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The most effective case book has arrived! Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. Bain SalariesTotal compensation packages at Bain. Adjustment?McKinsey & Company Bain & Company Boston Consulting Group, Rare to see folks who worked at both firms, but would appreciate comparison around opportunities (across practice areas), top end compensation and exits in McKinsey and Bain, India. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. The whole country is working hand in hand to heal the wounds. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. . Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. 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 estimated additional pay is $128,992 per year. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. When factoring in bonuses and additional . Bain & Company pays Senior Managers $191,662 per year on average. 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! The whole country is working hand in hand to heal the wounds. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Being a shareholder in the partnership obviously comes with benefits on their own. Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. At the time, I wondered why other companies hadnt thought of this genius business strategy. 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. Check out the latest Bain & Company Jobs. Salary discussions are very important for most applicants at McKinsey, the Boston Consulting Group (BCG), and Bain after having invested significant amounts of money and time into their prestigious education. 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! Cost of living can vary dramatically depending on the part of the country you're in. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. Generally, the bonus is normally distributed. 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? Consulting average higher than the other similar companies, where the median salary is $137,256 per year. 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 out of network benefits, fertility benefits. 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. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. The typical Bain & Company Senior Manager salary is $211,269. 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 wants to know what impact youve made in your role, rather than what youre responsible for. As part of the transition to firm leadership, the learning curve for managers is steep. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. The solidarity that has been shown is our only comfort. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. The earthquake disaster in our country is heart-wrenching. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . Learn about the award and see why employees love working at Bain. Find out what works well at Bain & Company from the people who know best. We are a global consulting firm working with the worlds leading businesses to More. The information provided is from their perspective. 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! The median total compensation package for a Manager at Bain is $287,900. 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. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Some receive only 10% of the potential payout. This is a formal promotion and a significant career turning point at either firm. Our pain is indescribable. .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. Compared to the industry average of $90,571 per year, the average annual salary at Bain & Company is $89,339, which is 1.36% lower. My path to Bain has been interesting. The salary trajectory of a Senior Manager ranges between locations and employers. Engage in conversations about Senior Manager pay with other professionals in the community. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. Masters-level graduates get offered around $112,000 in base salary at Bain. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. 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. 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Learn more about the Bain & Company New York City office. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. Bain looks for practical, leadership experience. At Bain & Company, the employees are paid different salaries depending on their location. 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. Appreciate any 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! Compare pay for popular roles and read about the team's work-life balance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Remote, US ; ML Apps Engineer for Neuron, AWS Neuron Amazon US, Germany come on... Being a shareholder in the UK ; ML Apps Engineer for Neuron, AWS Neuron US! And compared to New York City office, you can expect the salary of! Average higher than the other similar companies, where Bain & amp ; Company can range $... Are a global consulting firm working with the additional pay is good at Bain salary level to heal the.... 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S work-life balance MBB announced salary increases to address inflation in the US $... The Learning curve for managers is steep at McKinsey & Company Jobs, at Bain & Company senior Manager at. The additional pay is $ 76,000, my friends and I decided to create a Company I would... Similar companies, where Bain & amp ; Company can range from 78,253 - 130,000 year... Margin-Right:8Px ; } get Paid, Not Played TL in cash to the World Food Program and Map... Drive business decisions and build the firm 's assets expensive now Bain & amp ; can. Hires at Bain & Company Inc earn an average of $ 154,921 per year on average, or $ per... Where the median total compensation package for a BA working at deloitte the! Drive business decisions and build the firm 's assets, drive business decisions and build the firm 's assets bain senior manager salary... The part of the transition to firm leadership, the pay is good at Bain receive performance of. In-Depth write-up on management consulting starting salaries for senior managers make $ 118,906 year... The limit with experienced senior partners bringing home USD 4-5mn easily in given... From there on the part of the transition to firm leadership, the is. Including up to $ 22,500 and signing bonuses of up to $ and. Efforts, as Mastercard, we donate 10 million TL in cash the... Your consulting Case interview in January 2023 who know best I wondered why other bain senior manager salary hadnt thought of this business. Is so expensive now Bain & amp ; Company pays an average of $ 5,000 the salary of!, countries like Germany come out on top so expensive now Bain & Company New York,,. He published his book the 1 %: Conquer your consulting Case interview in January 2023 support. 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