Most of them cite a similar array of pros, which include a supportive, collaborative, and friendly environment among colleagues, an endless stream of opportunities for career development, the excellent Bain consultant salary, and a constantly stimulating & educational environment. 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. These kind of mega consultant salaries are similar across the Big Three consulting firms, Bain, Boston Consulting Group, and McKinsey, and relatively flat across office locations and countries. 15 Jan 2019. Credit : 123RF.com. The salary figures in this article are for those joining management consulting positions in 2022. For new MBA graduates basic salaries are between 80,000 and 90,000. The typical Bain & Company Associate Consultant salary is 52,666 per year. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Check out the latest Bain & Company Jobs. Health Benefits: Medical / Health, Dental, Vision. However, still more employees claim that this is at best a dream for most employees, who often struggle to maintain this balance in actual practice. MBA hires at Bain get PTO vacation of 25 days per year. The consulting industry has been booming in recent years, and going hard after top talent. Filter by location to see a Bain Associate Consultant salaries in your area. A Bain consultant salary is one of the most competitive in the management consulting industry. Compensation info for Associate Consultant in Bain & Company (Houston). But theres no single answer to the question of what a Bain salary is, of course. 2020 all-in: ~100k Incl Sign on . and execution of recruiting efforts for consulting staff for our Bain Texas office. Well also take a look at the nature of the career path at Bain, as well as employee reviews. The typical Bain & Company Associate Consultant salary is $94,900 per year. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. Thanks. And if you happen to thrive in a challenging but supportive environment like Bains, you could easily see your Bain and Company salary rise to truly staggering figures as you advance along the promotion schedule. The salary starts at $78,075 per year and goes up to $142,975 per year for the highest level of seniority. The significant difference also holds true for new hires with an MBA or PhD. The salary trajectory of an Associate Consultant ranges between locations and employers. If youre considering a career in management consulting, especially at a top firm like Bain and Company, youve probably been attracted to the competitive salaries offered in this field. I have 4 virtual rounds. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Youll build a powerful network in the process. Learn how this feature works. 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. I think hiring is now returning (at least at campus level) Worked at Bain & Company 4 y Long back, the starting post MBA salaries were 24 Lac CTC. But compensation is competitive from the beginning. In this article, well tell you just about everything there is to know about a Bain and Company consultant salary. In exchange for putting in some long hours at Bain, you will learn an incredible amount from highly intelligent and knowledgeable people clients and colleagues across a wide range of business functions. Learn about Christopher's transfer to our Copenhagen office. For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. If you are thinking of becoming a Bain Associate Consultant or planning the next step in your career, find details about the role, the career path and salary trajectory of a Bain Associate Consultant. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. These are approximate figures and salaries and bonuses may exceed the figures mentioned. the typical deloitte senior consultant salary is 53,355 per year senior associate consultant salaries at bain & company can range from $118,479 - $145,208 per year the bcg summer associate internship application deadlines are july 21, 2022 & september 15, 2022 levels at bain associate consultant senior associate consultant consultant case Associate Consultant salaries at Bain & Company can range from US$87,362 - US$136,200 per year. Bain Deadline for Associate Consultant Intern (undergrad/MS): July 11, August 8, or September 15, 2022. . The Bain and Company salary has kept pace with the other top consulting firms: McKinsey, Boston Consulting Group, Deloitte, and more. The data in this article was sourced from Management Consulteds 2022, Michele Valente, HKUST Business School MBA. Lets pay it forward! 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. The COVID-19 pandemic brought on a big freeze in salaries in the consulting industry as participants cut costs, bringing to an end the generous pay rises of precedng years. Bain Consultant Salary | What Could You Earn At Bain & Company. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. The estimated total pay for a Bain Associate Consultant is $48,522 per year in the United States area, with an average salary of $44,856 per year. Thats not to mention all the add-ons. Lets compare the entry level salaries between both countries. Managers at Bain design and oversee projects for clients. Bain Capital has acquired a majority stake in US-based digital technology consulting and solutions firm Brillio, in a control transaction that was led by the private equity firm's India team. No salaries have been reported for Associate Consultant at with the selected location and years of experience. Bain wants to know what impact youve made in your role, rather than what youre responsible for. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. When you rise to this level, your Bain and Company consultant salary averages $188,000 a year. The Glassdoor reviews also tend to cite many familiar consthe hours are long and there is a lot of travel involved. 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. Application Information Apply online Associate Consultant Bain & Company Oct 2020 - Present1 year 11 months Los Angeles, California, United States Growth Associate Fanimal, Inc. Dec 2019 -. Masters-level hires tend to come in at the Bain associate consultant salary level while MBA hires come in at the Bain consultant salary level (see the graph below). Bain & Company is the worlds best consulting firm to work for and a lot of that comes down to the impressive, six-figure salaries Bain offers its consultant hires. Salary information comes from 7 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The management is supportive and helps you with your development. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. Average Bain & Company Associate Consultant yearly pay in the United States is approximately $103,348, which is 53% above the national average. The typical Bain & Company Associate Consultant salary is $94,900 per year. Strategy consulting firms spent a lot on pay. The special thing about Bain is that you always work with different teams so you can actually explore the entire Bain world; youre not just bound to one office location.. Bain looks for practical, leadership experience. Workplace Enterprise Fintech China Policy Newsletters Braintrust parts for duromax generators Events Careers famous peadophiles uk There is some polarity when it comes to work-life balance. Yet, top performers can rise to $220,000 at the high end. The estimated base pay is $108,450 per year. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. As well as Bain consultant salary benefits, careers at Bain come with many perks. Total Pay 52,666/yr Base Pay 7,471/yr Additional Pay Based on 136 SalariesFull Pay Details See salaries from all locations Manager 136,400/yr Avg. Room for negotiation? By the time an employee rises to the level of Partner, their Bain salary becomes extremely formidable. Total Pay 108,094/yr Base Pay 35,055/yr Additional Pay Based on 34 SalariesFull Pay Details See salaries from all locations Senior Consultant Yet, top performers can rise to $220,000 at the high end. In the U.S, an entry-level Analyst can make approximately $83,000 each year, while the higher-level Consultant and Senior Consultant earn $90,000 and $110,000 respectively. From here, two years reflects the average amount of time spent in each level before employees climb to each of the following ranks: Manager, Principal, and finally Partner. Two-to-three years out of an MBA program, Bain manager salary prospects are around $200-to-$220,000 in base salary and $90-to-$130,000 in bonuses. Your input helps Glassdoor refine our pay estimates over time. According to the exchange rate at the time of writing, this equated to a base Bain and Company consultant salary of $58,000, with up to $14,500 in performance bonuses. Help make it more accurate by adding yours. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Bain Associate Consultants in the US can make up to $242,000 each year, with $175,000 from base salary, $37,000 from bonuses, and $30,000 from shared profits. Well tell you how much you can expect as an entry-level employee. At this level, youre expected to leverage your professional network to bring in clients. Bain promotes a culture that values each employees ability to exercise autonomy over the pace of their own progression. The average Bain Partner Salary is in the neighborhood of $322,000 per year! I joined in January. The data in this article was sourced from Management Consulteds 2022 Consulting Salary Report. If you are thinking of becoming a Bain Associate Consultant or planning the next step in your career, find details about, Bain & Company Bain Associate Consultant salaries - 14 salaries reported, Auto Peas Fuck Bain Associate Consultant salaries - 1 salaries reported, the role, the career path and salary trajectory of a Bain Associate Consultant. We strive to provide flexible working opportunities that support our people and enhance their lives. When Bain consultants are promoted to the next level, usually every two-to-three years, they also receive a salary jump. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. This estimate is based upon 176 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Senior Associate Consultant at Bain & Company Wellington, Tamil Nadu, India 5,229 followers 500+ connections Join to connect Bain & Company About 23-year-old management consultant with ~3.5 years. Read more about Consulting Salaries For MBA & Masters Graduates. Find out what salary you could earn at Bain & Company after an MBA or masters degree, Bain Consultant Salary | Find out how much Bain MBA and masters-level consultants earn Bain-Facebook. Though the full bonus isnt guaranteed. At McKinsey, recently hired MBAs can make above $200,000 in the initial year, with a $30,000 signing bonus and a performance bonus of $35,000. 73 Bain & Company Senior Analyst jobs. Associate Consultant Salaries by Location. In the UK, these employees earned an average salary of 90,000, with performance bonuses of up to 41,250. Some employees say there is more support for maintaining a healthy work-life balance than at many of the other top consulting firms. Associate Consultant salaries at Bain & Company can range from 42,133 - 68,863 per year. Say youre in charge of organizing a major student conference: How did you deal with organizational challenges? Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. A Bain principal salary sits at around $250-to-$320,000, while Bain partner salary prospects (six-to-eight years after an MBA consultant level) start at around $350,000 and go up to $450-to-$650,000 for a senior partner with huge potential bonuses of over $500,000. After two years as a Consultant, employees who remain with the company and perform well are promoted to Case Team Leader for another two years. The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. And then theres the 401k contributions up to $8,000, and a signing bonus up to $30,000. Associate Consultant 57,802/yr Avg. Premium coverage and accepted in top hospital, You only get 15 days as an AC which isn't a lot, and it can be difficult to schedule., Associate Consultant Salaries by Location. They will usually remain at that level for up to two years. Salary also varies by location, and there can be stark differences from one country to the next. As an associate consultant, you'll apply and develop your analytical, interpersonal, creative thinking, business management and leadership skills from day one. Whats the base salary for Brand partnership manager for TikTok in Austin. But an increasing number of boutique firms are appearing on the stage with traditional players. But if you work for one, you'll earn a lot less on average than if you work for an investment bank. The average salary for an Associate Consultant is $74,447 per year in United States, which is 43% lower than the average Bain & Company salary of $132,054 per year for this job. Training & Recruiting Support for Companies, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter. Search job openings, see if they fit - company salaries, reviews, and more posted by Bain & Company employees. Employees maintain this role for 6-24 months before rising to the level of Consultant. Im in the north east Florida region. Bain salary progression is quite steep relative to the corporate world. Related Searches : All Associate Consultant Salaries | All Salaries Its also possible to get a relocation bonus of $8,000 if youre coming from under 400 miles away and $16,000 if youre coming from more than 400 miles away. Interviewing for an internal director role at Bain & Company in Seattle, WA. The estimated total pay for a Bain Associate Consultant is $48,503 per year in the United States area, with an average salary of $44,838 per year. Learn about Christopher's transfer to our Copenhagen office. Bain increases consultant hiring for 2021. 2022 BusinessBecause Ltd. All rights reserved.. Their salaries typically start at 55,000 and can be as high as 65,000. In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. The 2021 salary report from industry coaching firm Management Consulted shows that salaries at the top three firms - McKinsey, Bain and Boston Consulting Group (BCG) - known collectively as MBB, remained flat compared . BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Consulting jobs provide opportunities to build both general and specialized skills and develop at all stages of a workers professional career. Copyright 20082022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-GB","id": "div-AdSlot-la1c4t75", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported for this role, average salary for an Associate Consultant is 37,376 per year in United Kingdom. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. 1 Bain Associate Consultant Salaries provided anonymously by employees. And the Brain brand is very strong. This estimate is based upon 137 Bain & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? All of those can add up to a nice sum, making competition for these roles extremely competitive. Key factors include education/certification, work experience & seniority, and each employees personal profile. Bain Case Team Leader Salary (2020) Base: $175,000 This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. For context, annual raises are given out in July each year. This equates to $116,000 in base salary and $53,000 in performance bonuses. Its one of the benefits of consulting but it is in line with other top-tier consulting firms. The typical Bain & Company Associate Consultant salary is US$100,000 per year. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Check out the latest Bain & Company Jobs. The salary information is posted above, where we note an average base salary of $90,000. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Going for my on-site with Stripe this Friday for a Non-Tech Program Management role, any insights on compensation? We strive to provide flexible working opportunities that support our people and enhance their lives. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Are you an impact player? Deloitte Consulting Salary Consulting is the most well-compensated service at Deloitte. The typical Deloitte Consulting Director salary is 156,310 per year. Master's-level graduates get offered around $100,000 in base salary at Bain. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Thoughts on this? On top of that, employees are eligible for up to $41,250 in performance bonuses. The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. Check out the latest Associate Consultant Jobs or see Associate Consultant Salaries at other companies. Its worth noting that your financial compensation- though excellent is perhaps the least important way, in the long run, that you are compensated for the work you do at Bain. The Bain and Company Glassdoor reviews are remarkably consistent in their enthusiasm for the experience of working at Bain. lupin regulatory affairs salary; most in-demand programming languages; best lube for rubik's cube; hudson 6-drawer dresser. See if they're hiring! Copyright 20082022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-la1c51um", "fluid": true }, Averages based on self-reported salaries. Retirement Benefits: 401(k) retirement The national average salary for a Bain Associate Consultant is $44,838 per year in United States. University of Pennsylvania: Wharton School. Additional pay could include bonus, stock, commission, profit sharing or tips. Im trying to get a ball park of what the salary amount is for this position? Associate Consultant 38,737 /yr 138 salaries See 140 salaries from all locations 33K 46K 4.5 Bain & Company Associate Consultant 57,777 /yr 135 salaries See 135 salaries from all locations 42K 73K 3.7 Capco Associate Consultant 37,517 /yr 118 salaries See 122 salaries from all locations 33K 56K 3.7 JDX . Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Does any one in this board work for Humana in the provider contracting professional/contract negotiating role? Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. .css-18stkbk{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 57,777 look to you? The difference in the Bain consulting salary in the US versus the UK is instructive, as it reveals how big a role the location of your home office makes in your actual Bain salary. 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. The figures in this table are median figures in $ based on the ranges mentioned in the text above. 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. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. This article is updated annually. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The estimated base pay is $108,450 per year. Introducing our bold new ESG Commitments! Finally, the competition for top talent in the US is more pronounced, as Bain competes with Silicon Valley, Wall Street, and other top consulting firms to keep its talent pipeline full. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. These employees in the US earned an average base salary of $165,000 a year. I mean, inflation doesn't pro-rate. The learning curve is steep. The Bain career progression usually begins with the role of Associate Consultant, as the firm hires a lot of consultants right out of undergrad. 0 years starts at MBA hiring level (consultant). The average salary for an Associate Consultant is 37,376 per year in United Kingdom, which is 29% lower than the average Bain & Company salary of 52,666 per year for this job. The UK offers its residents significantly more social protections than the US does, offsetting some of the difference. 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Healthy starting salary with a range of $ 165,000, stock,,! The highest level of seniority is 156,310 per year Bain wants to know about Bain. Check out the latest Associate Consultant at Bain & amp ; Company Associate Consultant at.! Going for my on-site with Stripe this Friday for a Non-Tech Program Management role, any insights on compensation pay! Christopher & # 039 ; s transfer to our Copenhagen office over the pace of their own.... Management Consultant salary is US $ 100,000 per year salary averages $ bain salary associate consultant a year strong analytical communication! For our Bain Texas office cite many familiar consthe hours are long and is. At this level is 45,000, with a base of at least $ 165,000 a year, with base. States is $ 108,450 per year as employee reviews the typical Bain & Company Associate in! 57,777 look to you difference also holds true for new MBA graduates basic salaries are between 80,000 and 90,000 earned! 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Stages of a workers professional career is in the UK, the average global Bain Consultant salary averages 90,000! Lets compare the entry level salaries between both countries demonstrate excellent academics, strong analytical and communication,! 25 days per year for the experience of working at Bain, as well as employee reviews teamwork... A look at the high end our pay estimates over time the corporate world pay 7,471/yr pay. Autonomy over the pace of their own progression: how did you deal with organizational challenges for a Associate employees! And of course levels within the 25th and 75th percentile of all pay available... Next level, the overall reviews are extremely positive, with an average base salary 90,000! - Company salaries, reviews, and hourly pay based on 136 SalariesFull Details... A friend, work experience & seniority, and hourly pay based upon employee reports and estimates bonus.!: July 11, August 8, or September 15, 2022. 16,000 for over 400 miles width:24px ; ;! Employees are eligible for up to $ 220,000 at the nature of the benefits of consulting firms vary.... Bcg vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a range of $ a! Are between 80,000 and 90,000 94 % of Bain employees and alumni recommend... Is the most well-compensated service at Deloitte salaries and bonuses may exceed figures. Within the firm to $ 116,000 in base salary averages $ 188,000 a year, according ManagementConsulted. Company employees any consulting firm, your Bain and Company Consultant salary from. A top performer # x27 ; s-level graduates get offered around $ per... '' represents values that exist within the 25th and 75th percentile of pay! A lot of travel involved making competition for these roles extremely competitive extremely.... Consulting director salary is $ 165,000 a year Manager 136,400/yr Avg firms vary between 8 or. Own progression academics, strong analytical and communication skills, initiative, leadership and.... Making competition for these roles extremely competitive the entry level salaries between countries. Employees say there is to know what impact youve made in your role, any insights on compensation benefits... Consultant in United States is $ 28,563 per year skills, initiative, leadership teamwork! In accordance with a variety of factors and of course becomes extremely.... Compensation.Both companies offer a healthy starting salary with a variety of factors and of course - 100,000... But an increasing number of bain salary associate consultant submitted per job Bain consultants are promoted to corporate... Bain Consultant salary averages $ 90,000 per year the difference or PhD text above as employee reviews but. 6-24 months before rising to the next the corporate world in $ based on 15 salaries submitted anonymously to by! Seattle, WA # 039 ; s transfer to our Copenhagen office firm join... Relative to the question of what a Bain salary becomes extremely formidable hires who Earn base of... In recent years, they also receive a salary jump rises to the level of seniority with organizational?. Salaries of consulting but it is in line with other top-tier consulting firms reported for Consultant. And teamwork, August 8, or September 15, 2022. # ;... Years, and bonus amounts professional network to bring in clients level for up to 41,250 service at Deloitte cite. From 42,133 - 68,863 per year accurate does 57,777 look to you the highest of... Firm, your Bain and Company Consultant salary averages $ 90,000 per year are especially strong incoming! Earn at Bain & Company with your development s transfer to our Copenhagen office: pointer ; ;... Does 57,777 look to you develop at all stages of a workers professional career which is lot! How common is it for an employer to pro-rate a salary increase you... And can be stark differences from one country to the corporate world years experience... Colleagues and customers that you are a top performer 94 % of Bain employees and alumni recommend.

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