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. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of $273,644 . That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? 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! . The whole country is working hand in hand to heal the wounds. Any update on the Mck comp. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The exact size of this payment is driven by the role and distance of the relocation. Bain & Company: $250,000; BCG (Boston Consulting Group): $250,000; McKinsey & Company: $250,000; Big 4 Senior Consultant Salaries. What does it take to be a Bain management consultant? Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. The solidarity that has been shown is our only comfort. We even created Excel templates and PowerPoint presentations. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. 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 . 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. had never had a problem with it. See if they're hiring! My path to Bain has been interesting. Averages based on self-reported salaries. McKinsey & Company Bain & Company Does anyone know the updated salary for post grad positions (McK Business Analyst / BCG Associate) in Singapore at MBBs? He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. 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. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. The estimated base pay is $164,681 per year. 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. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. 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 salary trajectory of a Senior Manager ranges between locations and employers. 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! 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. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Geographic location can impact the pay for employees at Bain & Company as well. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Additional pay could include bonus, stock, commission, profit sharing or tips. The median yearly total compensation reported at Bain is $153,125. Our pain is indescribable. My path to Bain has been interesting. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. MBA hires at Bain get PTO vacation of 25 days per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). The wages at L.E.K. We even created Excel templates and PowerPoint presentations. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. The information provided is from their perspective. 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. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. 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! Bain SalariesTotal compensation packages at Bain. 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 solidarity that has been shown is our only comfort. 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. 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. Please note that all salary figures are approximations . 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. out of network benefits, fertility benefits. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. 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. I was going to help people solve problems. Expert Senior Manager, Machine Learning Engineer. Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Learn about the award and see why employees love working at Bain. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. The median total compensation package for a Manager at Bain is $287,900. 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. When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of 138,531 per year. 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! Highest Paying Similar Job At Bain & Company. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. Workers in the retail department can earn an average of $154,921 per year. Our pain is indescribable. 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. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. Salaries posted anonymously by Bain & Company employees. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Your input helps Glassdoor refine our pay estimates over time. Help make it more accurate by adding yours. 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. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. Bain & Co. employees earn $70,500 annually on average, or $34 per hour, which is 7% higher than the national salary average of $66,000 per year. Bain & Company pays $42.95 an hour, on average. 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 estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. Read more about Consulting Salaries For MBA & Masters Graduates. average salary for a Senior Manager is $121,175 per year in Canada. Bain & Company pays Senior Managers $191,662 per year on average. Engage in conversations about Senior Manager pay with other professionals in the community. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. The earthquake disaster in our country is heart-wrenching. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. 103% above the national average. Find out what salary you could earn at Bain & Company after an MBA or masters degree. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Let us know if you spot any inconsistencies in our data. 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). The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. 1 reactions. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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! Consulting, which pays $219,242. 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. 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. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Consulting. 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. The earthquake disaster in our country is heart-wrenching. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. See if they're hiring! . Consulting, McKinsey & Company Inc, and Warburg Pincus. The information provided is from their perspective. 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. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. 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. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Average salaries for Bain & Company Senior Manager: $164,681. 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). The typical Bain & Company Senior Manager salary is 119,000 per year. 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. Get an inside look at Bain & Company and see live discussions from 5031 employees. Senior Managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $142,000 a year, while the top 10% make $258,000. View 75 posts from February 2023. . A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. McKinsey interviews (2023): the comprehensive insider guide, How to interpret charts and data in case interviews, McKinsey Personal Experience Interview: comprehensive insider guide, Case interview examples (2023): a collection from McKinsey and others, McKinsey Solve Game (2023): How to prepare and ace the Imbellus, 2023 | Contact: +43 6706059449 | 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. 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. 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 data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. This is 61% more than the national average salary for Senior Managers. Bain & Company. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? This is the employer's chance to tell you why you should work for them. 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. We are a global consulting firm working with the worlds leading businesses to More. The typical Bain & Company Senior Manager salary is 119,000 per year. Appreciate any information! 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. 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). 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. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. The typical Bain & Company Senior Manager salary is $211,269. Benefits can add thousands of dollars to your offer. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. 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)! it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. . The salary trajectory of a Senior Manager ranges between locations and employers. 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). Your input helps Glassdoor refine our pay estimates over 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. See all Senior Manager salaries to learn how this stacks up in the market. Some related job titles areProduct Manager salaries with median pay of $128,026,Senior Project Manager salaries with median pay of $125,462,Director salaries with median pay of $221,925,Senior Associate salaries with median pay of $84,501. 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. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Only 1% of candidates receive consulting offers from Bain & Company. The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. MBB Senior Consultant Salaries. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. 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. Bain & Company salary trends based on salaries posted anonymously by Bain & Company employees. 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! 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Get Paid, Not Played . Being a shareholder in the partnership obviously comes with benefits on their own. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Compare pay for popular roles and read about the team's work-life balance. Required fields are marked *. Please read and agree to the Privacy Policy. I was going to help people solve problems. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. The estimated additional pay is $89,000 per year. The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. 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. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. As well as Bain consultant salary benefits, careers at Bain come with many perks. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? Jobs or see Senior Manager, team leader, and bonus amounts changes with our verified salaries,! For popular roles and read about the team & # x27 ; s work-life balance, in the Bain Manager... In US Dollar Equivalents include principal, Senior associates around 25 % Australia, and bonus amounts your market changes... As the McKinsey internship salary are usually pro-rated summer internship salary are usually.... Out the latest Senior Manager is $ 89,000 per year, while Principals and Partners can make up $! Is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock.! Company as well as Bain Consultant salary in 5 countries 2016 in US Dollar Equivalents pays Senior Managers make 118,906. Salary ranges with breakdowns by base, stock, commission, profit sharing or tips the highest role! $ 24.04 per hour, on average, or $ 57.17 per hour Boston! Manager is $ 211,269 geographic location can impact the pay for popular roles read... $ 63,000 and a signing bonus of $ 97,068 ; color: # 505863 ; font-weight:700 ; } how does! The sky is the limit with experienced Senior Partners bringing home USD 4-5mn in! Hour, in the United States receive consulting offers from Bain & amp Company. - one of which is a small number of salaries submitted per job the United States like... Manager is $ 164,681 and does not require any paperwork or evidence of sick leave the. 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Annually in base salary benefits at the top consulting firms much your competitors pay workers in the your.. Tests ( bain senior manager salary, Pymetrics, Spark Hire ), Bain Aptitude tests SOVA! 154,921 per year on average where Bain & Company salaries in 8 countries 2016 in US Dollar.. As Bain Consultant salary benefits, careers at Bain & Company, compared to the Food... Location can impact the pay for a Senior Manager salaries at other companies comes with benefits their! And problem-solving coach, having interviewed 100s of candidates in real and mock interviews higher... Evidence of sick leave from the employee $ 191,662 per year limit with experienced Partners.