Bain, which employs around 5,700 people across the world, pays its senior staff in the UK more than any other firm on this list, with an average salary of almost 100,000 ($143,000). Average salary for Bain And Company Senior Consultant in Uk: [salary]. Boston Consulting Group is an Equal Opportunity Employer. Degree: Economics. McKinsey and Bain both pay 90,000. Bain Consultant Salary (2020) 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) Job Interview Training Skyrocket your resume, interview performance, and salary negotiation skills. Based on 1073 salaries posted anonymously by Bain & Company Consultant employees in Keflavk. Role: Associate Consultant. Bain's recruitment process is one of the most selective as well: . Location: London. Consulting salaries for freshers: Entry level salary in USA, UK, India, Germany, Australia April 29, 2020 April 8, 2019 by Swati 'Consulting', especially management consulting continues to be a dream job to many! Salary benchmarking site Emolument.com analyzed pay data from 668 Senior Strategy Consultants working in the United Kingdom. Visit PayScale to research Slalom Consulting salaries, bonuses, reviews, benefits, and more! Since our founding in 1984, we've applied our insight and experience to organically expand into several asset classes including private equity, credit . Organizational Strategy and Design Principal . Consultant (1-2 yr exp) $56,000. Bain on your Campus. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Shazia Mohamed. Roles Available: Associate Consultant. I'm an Associate Consultant at Bain having joined the London office in October 2014 as a graduate. Strategy consulting is a fairly well-paid sector. If you're looking for more market insights or want to have a confidential discussion, our strategy . A.T. Kearney, Bain and McKinsey & Company were also repre-sented. 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. At Associate or Consultant level, this amount rises to between 52,000 and 59,000 per year. Below we present the aggregate data for the UK consulting industry, illustrating the average packages for those at the . The average starting salary for MBA graduates is $150,000, according to the 2018 pay survey compiled by Management . The Boston Consulting Group salary in the UK is the highest out of the three at 93,000. The estimated additional pay is 7,115 per year. Plus, your salary will increase between 10% and 25% each year . They can also expect a signing bonus of $25,000. At McKinsey, he led the firm's recruiting efforts at top UK universities. Bain pays lowest base salary but highest bonuses by far. Since the salary offered is high, international students overall investments are easily compensated over a short period of time. We actively recruit at many colleges and universities. The Boston Consulting Group, Inc. McKinsey & Company. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. July 8, 2021. Partner, total compensation: $500K - $1M. Cincinnati, OH; 33 jobs; Cloud Data Architect. If you're an ambitious undergraduate or have been working for a couple of years out of college, we encourage you to explore the role of associate consultant (AC).. As an AC, your analytical, interpersonal, creative thinking, business management and leadership skills will be called upon from day one. This comes after Bain recorded its best ever quarter in Q3 2020 and after . So all in all, the total compensation for a junior partner can be between $500k and $1m. At LBS, Ben secured offers from McKinsey, BCG and Bain. This is confirmed by the latest Harvard MBA employment report, which puts salaries for Harvard MBAs going into consulting at $165k for 2021, the same as one year previously. Bain recruits applicants . Total Pay 50,351/yr Base Pay 7,082/yr Additional Pay Bain and Company is a constantly expanding firm, and with its worldwide presence, it offers graduates a number of promising opportunities to seek out new opportunities and progress from Associate Consultants to senior positions. A few of the programs we offer to give you added flexibility and options: Externships: Four to six-month externships at an organization of your choice related to your professional goals. Base: $350k- $500k. Full-time. 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 Manager Salary Managers at Bain design and oversee projects for clients. View all TNC Management Consultants jobs - Dubai jobs. Jr. Associate Consultant jobs 123,209 open jobs Room for negotiation? The estimated base pay is 50,352 per year. Until this year, however, pay at the big consulting firms had been climbing. The average base salary for a Bain Consultant is $156,000 a year according to Glassdoor. This estimate is based upon 143 Bain & Company Consultant salary report (s) provided by employees or estimated based upon statistical methods. Clearview Healthcare Partners. According to Indeed Salaries, the average salary for a Consultant in the UK is 54,106 per year. Agile Business Analyst - Defence and Security. When it comes to base salaries, Bain pays $115,000 compared to $126,000 at McKinsey and BCG. . Location: London. Location: London. Partner. The UK Consultant salary at MBB firms ranges from 90,000-93,000. Agile Delivery Consultant - Defence and Security. Then there's a $5,000 signing bonus. Gain a real understanding of the profession and find out all you need to know about the leading consultancy graduate recruiters and their graduate consulting jobs, internships and placements. The Bain and Company Graduate Scheme. Most Salaries Submitted Most Salaries Submitted Highest to Lowest Lowest to Highest Consultant 111,079/yr Avg. Moving from one position to the next typically takes 1 to 3 years. 600K+. I've written a lot about the consulting career path and for . The average base salary for an MBA in 2020 at top Consulting firms is $157,364. Booz Allen Hamilton. Partner, total compensation: $1M - $5M+. How much do Bain & Company employees make? Base: $350 - $500K. Consultants can also receive a signing bonus of $12,500. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The total average salary comes in at $130,000 with the additional pay consisting of cash bonuses, stock bonuses, and profit-sharing. Also, if you really give a damn about money, your PE exist opportunities will be better at Bain than OC&C. All-in-all, a few grand at the start of your career to clear student debts is attractive but should . What you need. If you're looking for more market insights or want to have a confidential discussion, our strategy . Consultant salaries at McKinsey & Company can range from $92,629 - $325,729 per year. Deloitte Consulting LLP. Millions of real salary data collected from government and companies - annual starting salaries, average salaries, payscale by company, job title, and city. For experienced professional with 2-5 years of experience outside of consulting, the basic salary is higher as they enter at a higher position. However, salaries differ . Bonus: $550k - $4.5m+. Senior Consulting Roles. The typical McKinsey & Company Consultant salary is $176,862 per year. All three offer a $200K pay-check in the first year itself. Consulting salaries at McKinsey, Bain & BCG The Parthenon Group. Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world. Among the MBB, the difference between total pay offered ranges from $12,500 - $21,250. Consultant jobs 820,324 open jobs The career path at Bain is steep but extremely rewarding. Base: $500 - $650K. A resume, cover letter and non-official transcript will be required. McKinsey & Co, the Boston Consulting Group and Bain & Co, also known as the MBB in short or the "Big Three," are the . Signing bonuses for Bain master's-level recruits are $5,000. . Amazon, Bain and Company, Apple, Boston Consulting Group, Mckinsey, Citigroup, JP Morgan, Goldman Sachs, and Morgan Stanley are top recruiters in the UK. Master's degree graduates can expect to earn around $100,000 with performance bonuses of over $22,000. Bonus: $150K - $500K. Associate Partner. Bonus: $150k- $500k. Accenture MBA Salary. Exit opportunities are numerous for MBB alumni, including top leadership positions such as CEO or vice president at Fortune 500 companies. They are followed by the other top strategy firms Bain, McKinsey, and OC&C. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1. Total Pay 91,198/yr Base Pay 21,420/yr Additional Pay Based on 143 SalariesFull Pay Details See salaries from all locations Associate Consultant 55,442/yr Avg. Source: CaseCoach (2019) You will see that consulting salaries increase by ~30% year-on-year over ten years with a comparably faster increase in the first three years followed by a sharp increase between the role of Associate Partner and Partner. The highest paid Bain & Company employees are Partners at $306,000 annually. The consultancy sector pays extremely well. Base: $500k - $650k. 200-230K. Full-time. Bonus: $550k - $4.5m+. Bain Consultant Salary (MBA/Experienced-Level) 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) Their salaries typically start at 55,000 and can be as high as 65,000. The highest income in the UK comprises of - 80% of consulting firms either cut or froze MBA consultant starting salaries for 2021, according to the ManagementConsulted 2021 Salary Report. The salary of Mckinsey is also of utmost interest to those seeking a career at Mckinsey. PwC UK pays Consultants a nice 85,000/year. Oliver Wyman. We encourage you to apply as soon as you feel prepared. Average salary for Bain & Company Associate Consultant in Panjakent: US$100,109. Consultant salary expectations. An Analyst at Goldman Sachs whereas would be pushing 100,000. Meanwhile, a Manager in consulting - a consultant with typically between six to nine years of experience - earns 64,000 and 74,000 per annum. MBA associates receive about $145,000 as a base salary, with a performance bonus of $31,900. 242. Bain & Co. doesn't give a number, but does emphasise the . In fact, it probably over exaggerates consulting salaries in the UK. We are seeing deadlines for Bain, BCG, and McKinsey that are as early as 2021, which was 1-2 months earlier than in prior years. The average salary for Slalom Consulting employees is $107,317 per year. Average salary for Bain & Company Consultant in Keflavk: US$175,000. 50%. BCG boasts that it spends $200k per consultant over the course of their careers. Consulting salary grows at 5 percent annually on average. Base: $350k- $500k. The estimated total pay for a Associate Consultant at Bain & Company is 55,500 per year. The base salary for a consultant is about $88,000, with a performance bonus of $13,000. Average salary for Bain & Company Associate Consultant in Zwedru: US$100,109. The typical Bain & Company Consultant salary is 91,198 per year. . The Big Three pay varying performance bonuses for undergraduates - Bain offers up to $22,500 or 25% of base, while for Boston it's $18,000 and it's $15,000 for McKinsey. We would love to see you on campus or at one of our recruiting events. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories . Show more jobs; Cheltenham, United Kingdom; 3 jobs; Agile Transformation Consultant - Defence and Security. As a manager, you assume a great deal of responsibility. About BCG in the U.K. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. Whichever way you look at it, the big consulting firms spend a lot of money on training up their staff. Bain Capital, LP is one of the world's leading private investment firms with approximately $160 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. 30%. Consultants' pay and benefits. Salaries posted anonymously by Bain & Company employees. Deloitte Consulting in the UK pays its consultants 91,000. In terms of salary progression, senior guys at Bain will earn multiples of senior guys at OC&C so the trajectories will be quite different. So becoming a partner can take 10+ years, depending on your starting level and speed to promotions. This estimate is based upon 14 McKinsey & Company Consultant salary report (s) provided by employees or estimated based upon statistical methods. Retirement: 6% Employee Match. Information for research of yearly salaries, wage level, bonus and compensation data comparison. moderna covid vaccine for kids under 5. do snakes smell like potatoes. 73% of these revenues were spent on pay. Jobs at Bain & Company on Consultancy.uk An overview for graduates and professionals who are looking for a job at Bain & Company. For new MBA graduates basic salaries are between 80,000 and 90,000. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East . The 2022 update on when to apply for consulting jobs is EARLY! McKinsey, Bain, and Boston Consulting Group (BCG)also known as the 'Big Three'all froze their starting salaries. A quick note on . This January or Spring deadline does not apply to Bain's Associate Consultant (AC) level role (undergraduates, Master's (non-MBA), or experienced . This salary progression and other benefits are why Mckinsey's salary has become a topic of discussion in the consulting world. University: LSE. Bain & Company Senior Associate and Consultant Salary In the US, junior consultants working for Bain & Co can expect to make $103,000 annually in base salary. Ben helped 300+ candidates secure an offer from top tier consulting firms since leaving McKinsey, and started Consulting Case PRO to give more candidates access to his exclusive interview preparation techniques. Tuition Reimbursement: up to $80,000 ($50,000 after taxes) Overview of Consulting Salaries and Trends TOTAL REMUNERATION BY LEVEL 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 Canada Associate Consultant - Deadline #1 (June 16) There will be two application deadlines for the Associate Consultant (AC) classes of 2023: June 16 and August 21 at 11:59 PM EST. Search for U.K. job vacancies at BCG. Full-time. University: LSE. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Business Analyst: 35k to 45k (no bonus) - (graduate - 2 years) Junior Associate: 55k to 60k (plus a performance dependent bonus of between 10% to 15%) (1 year) Associate: 75k to 80k (plus a performance dependent bonus of 15% to 25%) (2 years) Rolfes says McKinsey spends more than $100m on training and learning ever year. Jobs Search through 2 million open positions. Find my next job. Bain salaries: Consultants (fresh MBA hire) earn a salary of $125,000 + signing bonus of $20,000 + performance bonus of up to $40,000 + profit-sharing vesting three years later of approximately $14,000 (depending on firm performance) + 5% of salary contributed into retirement fund. Take a look at our senior roles. Round 2 - Bonuses: surprising gaps open up when bonuses are added to the mix, with Bain paying out bonuses averaging 28,000 - more than three times the size of bonuses at McKinsey! Consultant salaries at Bain & Company can range from 26,078 - 120,000 per year. Answer (1 of 3): I would say it's a decent salary to survive for 1 person in London with a bit of saving as well. Manager. Salary Search: Property Consultant salaries in Dubai. And the salary Deloitte offered to you is above average Consultant's salary or above-average market stand. Bonus: $500K - $4.5M+. Performance Bonus: up to $43,500 ($30K of which is MBA bonus and is only available in for your 1st year) Total Compensation: up to $221,500. Round 1 - Salaries: Bain are lagging behind when it comes to salary, paying the average senior consultant only 75,000 in annual salary compared to McKinsey and BCG's 82,000 median salary. When factoring in bonuses and additional . They are usually closer to 35 - 40,000 starting. Based on 1131 salaries posted anonymously by Bain & Company Associate Consultant employees in Panjakent. More. Organisation: Bain & Company. 20%. University: Oxford. And for a senior partner we are looking at a salary of up to $5m+. Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Based on [count] salaries posted anonymously by Bain And Company Senior Consultant employees in Uk. Consulting firms typically have 6 roles from entry-level to partner. I couldn't have asked for a better place to begin my career, with Bain's focus on professional development, diverse client base and drive for . 2. 32 . These numbers grow more pronounced with each step in a consultant's career post-MBA. So all in all, the total compensation for a junior partner can be between $500k and $1m. Signing Bonus: $35,000 (Canada: $15,000) Base: $135,000 (Canada: $140,000) Relocation: $8,000. At Analyst or Junior Consultant level, the average basic salary ranges between 40,000 and 50,000 per year. . Total Pay 50,351/yr Base Pay 7,082/yr Additional Pay Based on 122 SalariesFull Pay Details See salaries from all locations Senior Associate Consultant The Big Three, also known as MBB, all offer base consultant salaries of $175,000 with Bain offering performance bonuses of over $40,000 and a signing bonus of $30,000. They will also have the confidence to launch and ensure the success of a new business venture. Total Pay 91,198/yr Base Pay 21,420/yr Additional Pay Based on 143 SalariesFull Pay Details See salaries from all locations Associate Consultant 55,442/yr Avg. Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. Looking at the final numbers, I'm guessing you'll agree with my initial reaction when I joined BCG: whoa! Degree: Chemistry & DPhil in Molecular Physics. Bain & Co, or McKinsey. Here are the top 50 consulting firms to work for in 2021: Bain & Company. Consulting - $100 Million . Get full report. I joined as an Associate Consultant a few months ago, having spent the previous eight years at university completing my undergraduate degree in Chemistry, and then my DPhil in Molecular . When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Yet, top performers can rise to $220,000 at the high end. Base: $500k - $650k. Organisation: Bain & Company. And for a senior partner we are looking at a salary of up to $5m+. . UK Consultants, get your bank accounts ready. Full-time. . The Institute of Consulting (IC), for instance offers a variety of relevant qualifications, such as a Level 5 Certificate in Professional Consulting or a Level 5 Diploma in Business Support. Shazia Mohamed. Bonus: $150k- $500k. The manager role is the one from which top management is groomed, with most managers rising internally from the consultant position. Russ Hagey, Bain's chief talent officer, said Bain's salaries are competitive to the industry, as a typical consultant makes just shy of $140,000, excluding about $30,000 extra in bonuses, stock . The 6 steps on the consulting career path . Consultant 111,079/yr Avg. A free inside look at Bain & Company salary trends based on 8 salaries wages for [jobTitleCount] jobs at Bain & Company. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. The Demographics of the Survey's Respondents and Top-Consultant.com's Consulting Readership Overview of Consulting Salaries and Trends Salary Benchmarking Data: 2007 vs 2009 vs 2011 vs 2013 Salary levels by Seniority and Type of Consulting - Junior Consultants - Senior Consultants - Managers - Senior Managers/ Principals Degree: Economics. I couldn't have asked for a better place to begin my career, with Bain's focus on professional development, diverse client base and drive for . Explore A structured search through millions of jobs. PwC Consulting - $15.96 Billion; Bain Consulting - $2.30 Billion; IBM Consulting - $3.36 Billion; L.E.K. Sophie Horrocks. As of 2020, the Mckinsey salary of an entry-level consultant (Analyst) ranges from $108,000 to $116,000 per annum. Facebook . MBA Salary in UK . Sr. . The lowest paid Bain & Company employees are Interns at $18,000. Its sister company, Bain Capital, also uses Bain & Company consultants in private equity engagements. 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. I'm an Associate Consultant at Bain having joined the London office in October 2014 as a graduate. Organisation: Bain & Company. 56000.0. Based on 1131 salaries posted anonymously by Bain & Company Associate Consultant employees in Zwedru. Jobs for consultants and staff. . Welcome to the most comprehensive source of information available to students interested in a career as a management consultant. I imagine the numbers for the Big4/ACN will look different. You probably have 2-3 years of experience to become a Consultant in Deloitte. Consulting Based on 357 salaries Consultant 143 salaries Associate Consultant 122 salaries View More Business Based on 57 salaries Manager 31 salaries Senior Manager 14 salaries View More Total Salary: $113,500.