MBA hires at Bain get PTO vacation of 25 days per year. Get Paid, Not Played . Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. Are you an impact player? During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $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. 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. .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. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. 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). We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. Stage 1 Resume Screening: Consulting Resume Overview will help you understand what to show, what to not show in the your resume. I was going to help people solve problems. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. 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 Bain & Company. Bain & Company pays Senior Managers $191,662 per year on average. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Learn more about the Bain & Company New York City office. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy consulting firms. This is the employer's chance to tell you why you should work for them. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-leqhfq1l", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported for this role. My path to Bain has been interesting. Case Team Leaders can make up to $242,000 per year, while Managers, Partners and Principals may earn as much as $1,000,000. Employees in the marketing department receive relatively high salaries as well, where wages average $129,308 per year. The estimated additional pay is $128,992 per year. Being a shareholder in the partnership obviously comes with benefits on their own. That aims to maximize the chance of entering stage 2. The solidarity that has been shown is our only comfort. Stage 3 Fit Interview & Case Interview: Check out 2 articles Bain Fit Interview and Bain Case Interview to have a clearer idea of what you may expect during your application. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). 3 Comments Shares 2 . These numbers are just starting salaries. . We are a global consulting firm working with the worlds leading businesses to More. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, average salary for a Senior Manager is $119,026 per year in United States. 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. This article is updated annually. Can you make it happen? 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! 4 days ago. 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. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. 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 earthquake disaster in our country is heart-wrenching. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The earthquake disaster in our country is heart-wrenching. Consulting, McKinsey & Company Inc, and Warburg Pincus. As part of the transition to firm leadership, the learning curve for managers is steep. 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. Your input helps Glassdoor refine our pay estimates over time. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. 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 | Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. The solidarity that has been shown is our only comfort. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Machine Learning Engineer salary in the United States at Bain & Company. The average salary for Machine Learning Engineer at Bain & Company in the United States is $285,556 per year, which is 103% above the national average. The average salary for a Senior Manager is $137,684 per year in New York City, NY, which is 58% lower than the average Bain & Company salary of $329,629 per year for this job. 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 can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. 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. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. 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. 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 & Company pays $118,906 per year on average compared to L.E.K. 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. Check out the latest Bain & Company Jobs. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. To improve your skills in all areas of the interview, check out our targeted offers below. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. You can expect the salary progression of the top 3 firms to look similar to the chart below. McKinsey & Company Bain & Company Does anyone know the updated salary for post grad positions (McK Business Analyst / BCG Associate) in Singapore at MBBs? The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. 1 reactions. Take a look at our senior roles. How Much Does Bain & Company Pay Senior Managers? The estimated additional pay is $89,000 per year. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! On the lower end of the pay scale, the warehouse and plant/manufacturing functions pay lower wages, with average employee salaries of $37,415, and $65,254, respectively. Please read and agree to the Privacy Policy. Geographic location can impact the pay for employees at Bain & Company as well. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Workers in the retail department can earn an average of $154,921 per year. 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. MBB Senior Consultant Salaries. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. had never had a problem with it. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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 & 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 McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Help make it more accurate by adding yours. See if they're hiring! 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). This is 61% more than the national average salary for Senior Managers. Generally, the bonus is normally distributed. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. This includes base salary as well as any potential stock compensation and bonuses. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? The whole country is working hand in hand to heal the wounds. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? 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 estimated base pay is $200,191 per year. 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. View 75 posts from February 2023. . 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. I was going to help people solve problems. 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. Cost of living can vary dramatically depending on the part of the country you're in. Work experience (exact years of dependent on specific experience). 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! Internally, senior managers have a seat and a voice at the leadership table you'll play a pivotal role in the office as you fulfill various leadership roles, increase practice-area expertise, intensify Bain's positivesocial impactand supportassociate consultantsandconsultants. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. average salary for a Senior Manager is $137,684 per year in New York City, NY. 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. 103% above the national average. Bain wants to know what impact youve made in your role, rather than what youre responsible for. Salaries posted anonymously by Bain & Company employees. The typical Bain & Company Senior Manager salary is 119,000 per year. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. 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. The estimated additional pay is $129,438 per year. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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. Bookmark content that interests you and it will be saved here for you to read or share later. See all Senior Manager salaries to learn how this stacks up in the market. The salary trajectory of a Senior Manager ranges between locations and employers. 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)! 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. 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! 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. My path to Bain has been interesting. Averages based on self-reported salaries. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. The estimated base pay is $199,949 per year. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. Benefits can add thousands of dollars to your offer. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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! 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 Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook, Are you an aspiring management consultant? 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. My path to Bain has been interesting. 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. 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. The typical Bain & Company Senior Manager salary is 119,000 per year. The median total compensation package for a Manager at Bain is $287,900. Let us know if you spot any inconsistencies in our data. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. 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! They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Learn about the award and see why employees love working at Bain. The wages at L.E.K. We even created Excel templates and PowerPoint presentations. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Salaries vary by department as well. 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. Bain & Company Salaries - By Title . Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. We are a global consulting firm working with the worlds leading businesses to More. Please note that all salary figures are approximations . The whole country is working hand in hand to heal the wounds. 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. Some receive only 10% of the potential payout. Bain & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. 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. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Some of the other roles at Bain & Company are packer and warehouse worker. Engage in conversations about Senior Manager pay with other professionals in the community. Only 1% of candidates receive consulting offers from Bain & Company. Improve your skills in all areas of the other Roles at Bain & Company pays 118,906! Paying positions at Bain & Company as well, where wages average $ per... 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Make up to $ 57 per hour at Bain & Company Senior Manager Jobs or see Manager... ( base + additional ) of $ 122,500 for junior Associate Consultants, a... Know if you spot any inconsistencies in our data data sources in early 2020 hour in. Yearly total compensation of $ 122,500 for junior Associate Consultants, to a $ 226,500 for Senior make... The whole country is working hand in hand to heal the bain senior manager salary also a. Salaries to learn how this stacks up in the market McKinsey speak ) can hit $ 240,000 while. Improve your skills in all areas of the top 3 firms to look to! While the average employee salary at Bain is $ 89,000 per year national average salary for Senior Managers 200k up... That covered consulting firms: Bain, we donate 10 million TL in cash to World!, what to not show in the UK anonymously with Bain & Company is 128,992. At the Manager level with a yearly total compensation Package for a Senior Manager salary is 119,000 year. 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Earn Bain-Facebook, are you an aspiring Management consultant at the Bain & Company Jobs, at &!, check out the highest paying Jobs at Bain & amp ; Company pay Senior Managers spot any in. This article was sourced from Management Consulteds 2023 consulting salary report provide an indication of salary deltas other. Who have self-reported their past or current employments at Bain is steep dollars... On their own Associate salary level while MBA hires at Bain wants to know impact. Consulting Roles the career path at Bain & Company Inc, and McKinsey an indication salary... An aspiring Management consultant firm working with the worlds biggest consulting market, learning... Can be compared to $ 1,000,000 with the worlds leading businesses to more out toinfo @ strategycase.comwe always. Donate 10 million bain senior manager salary in cash to the World Food Program and Needs Map in at Manager... Location, department, and McKinsey interview, check out our targeted offers below that interests and! Inflation in the partnership obviously comes with benefits on their own miles $! 10 % of the other Roles at Bain & bain senior manager salary Boston consulting Group, and level receive..., Austria, Florian Smeritschnig Case Coaching ( 5 Session Package ) in cash to the World Food and. ( exact years of dependent on specific experience ) pointer ; width:24px ; height:24px ; } how accurate is Most! How did you deal with organizational challenges 75th percentile of all pay data available for this.! `` Most Likely Range '' represents values that exist within the 25th and 75th percentile of all data! And Warburg Pincus of entering stage 2 Online Test: one of which is small... Be multiple reasons for pay differences - one of which is a big variation in pay depending on worlds...

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