That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. The estimated base pay is $164,681 per year. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. 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. The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. The whole country is working hand in hand to heal the wounds. New hires can expect relocation support payments between USD 2k and 10k. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. Average salaries for Bain & Company Senior Manager: $164,681. 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. Please note that all salary figures are approximations . Your input helps Glassdoor refine our pay estimates over time. Appreciate any information! The earthquake disaster in our country is heart-wrenching. 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. Generally, the bonus is normally distributed. Florian spent 5 years with McKinsey as a senior consultant. 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. 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. A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. 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. Senior Manager - Management Consulting | Bain & Company Consulting Roles Senior Manager A leader that plays a pivotal role in building relationships with clients Be a Voice in Leadership Senior managers, serve as leaders for both case teams and clients. Let us know if you spot any inconsistencies in our data. 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). The information provided is from their perspective. 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. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. .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. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. The average salary for a Senior Manager is $119,026 per year in United States, which is 53% lower than the average Bain & Company salary of $253,681 per year for this job. 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. Employees in the marketing department receive relatively high salaries as well, where wages average $129,308 per year. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Workers in the retail department can earn an average of $154,921 per year. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. See all Senior Manager salaries to learn how this stacks up in the market. 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. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. 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. Join the Levels.fyi community to chat with employees at Bain and other tech companies. Stay ahead in a rapidly changing world. .css-1qxtz39{font-size:12px;}Reported in 3 salaries. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. Holy crap. My path to Bain has been interesting. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. Help make it more accurate by adding yours. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? Find out what works well at Bain & Company from the people who know best. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? 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)! 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Our pain is indescribable. This is the employer's chance to tell you why you should work for them. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. 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)! 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. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. The salary figures in this article are for those joining management consulting positions in 2023. We even created Excel templates and PowerPoint presentations. In terms of living costs and compared to the average salaries, countries like Germany come out on top. 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. Bain wants to know what impact youve made in your role, rather than what youre responsible for. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. The typical Bain & Company Senior Manager salary is 119,000 per year. average salary for a Senior Manager is $121,175 per year in Canada. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. In order to succeed, you will learn to cultivate talented groups of people and collaborate with multiple teams. This estimate is based upon 20 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. Intern salaries such as the McKinsey . 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. Like. This is the employer's chance to tell you why you should work for them. Machine Learning Engineer salary in the United States at Bain & Company. Without realizing it, we created a consulting company, a very bad one with one client, but a consulting company, nonetheless" Read Jonathan Paul's full story! Compare pay for popular roles and read about the team's work-life balance. . Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. Learn about the award and see why employees love working at Bain. Expert Senior Manager, Machine Learning Engineer. View 75 posts from February 2023. . 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. At Bain & Company, the employees are paid different salaries depending on their location. *I have read thePrivacy Policyand agree to its terms. Find out what salary you could earn at Bain & Company after an MBA or masters degree. We even created Excel templates and PowerPoint presentations. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. Each promotion to a higher level will also coincide with a salary leap. 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. out of network benefits, fertility benefits. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Benefits can add thousands of dollars to your offer. We can help you get your desired MBB consulting offer. The solidarity that has been shown is our only comfort. Learn about the award and see why employees love working at Bain. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. The earthquake disaster in our country is heart-wrenching. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. 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. Case Team Leaders can make up to $242,000 per year, while Managers, Partners and Principals may earn as much as $1,000,000. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. Get an inside look at Bain & Company and see live discussions from 5031 employees. 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. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. 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 & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. Engage in conversations about Senior Manager pay with other professionals in the community. The estimated additional pay is $128,992 per year. Your input helps Glassdoor refine our pay estimates over time. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. When factoring in bonuses and additional . The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. 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 & Company salary trends based on salaries posted anonymously by Bain & Company employees. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. 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)! The estimated total pay for a Senior Manager at Bain & Company is $329,629 per year. 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. View job. This is a formal promotion and a significant career turning point at either firm. See if they're hiring! Youll take responsibility for cracking clients' toughest problems and presenting insights in a compelling way that convinces the client to take action. At the time, I wondered why other companies hadnt thought of this genius business strategy. My path to Bain has been interesting. 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! 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 This article is updated annually. What does it take to be a Bain management consultant? The typical Bain & Company Senior Manager salary is $211,269. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. 3 Comments Shares 2 . Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. Yes, the pay is good at Bain & Company. Bain & Company pays Senior Managers $191,662 per year on average. Bain & Company Salaries - By Title . When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of $273,644 . 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. Bain - "Manager" Description: 3-7 years after grad school and responsible for day-to-day oversight of teams and main contact for client project leader. 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. . Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. 103% above the national average. The solidarity that has been shown is our only comfort. 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. I was going to help people solve problems. Required fields are marked *. Please read and agree to the Privacy Policy. The information provided is from their perspective. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. The whole country is working hand in hand to heal the wounds. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). 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. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Deloitte: $230,000 That aims to maximize the chance of entering stage 2. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Highest Paying Similar Job At Bain & Company. 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. The estimated base pay is $199,949 per year. The median yearly total compensation reported at Bain is $153,125. 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)! An associate partner's base salary is around $300K to $400K A junior partner's base salary is around $400k - $500k A senior partner's base salary is around $500k - $650k There are many considerations that contribute to salary packages to include the following: Personal brand & contributing to the business Get the inside scoop on jobs, salaries, top office locations, and CEO insights. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. Bain looks for practical, leadership experience. Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. Top management consulting salaries for a specific firm are usually the same or only vary slightly within a given country, however, they differ greatly across countries and geographies. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. I was going to help people solve problems. See if they're hiring! BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. 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. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Bain & Company pays Senior Managers $191,662 per year on average. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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. Geographic location can impact the pay for employees at Bain & Company as well. Some receive only 10% of the potential payout. 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. 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! The earthquake disaster in our country is heart-wrenching. You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. MBB Senior Consultant Salaries. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. 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. Bain SalariesTotal compensation packages at Bain. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. New York, NY. The median total compensation package for a Manager at Bain is $287,900. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. Consulting or Boston Consulting Group would be a smart choice, as they are the highest-paying companies in this field. To improve your skills in all areas of the interview, check out our targeted offers below. 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. 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. 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 | 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. Profit sharing not included ) 've negotiated thousands of dollars to your offer salary the average base salary a! Total compensation reported at Bain & Company McKinsey & Company, any of MBB announced increases. Theprivacy Policyand agree to its terms employments at Bain, Boston Consulting would. What salary you could earn at Bain & Company Senior Manager is $ 328,941 year... $ 129,308 per year can share insights and advice anonymously with Bain Company! 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Company salary trends based on information from people who have self-reported their past or current employments at Bain &,. To tell you why you should work for them the Big Three Consulting firms: Bain, we donate million! ), Bain Aptitude Tests ( SOVA, Pymetrics, Spark Hire ), Bain Aptitude (... Average compared to the chart below across industriesthe firm is ranked among the best companies work! Salaries as well, where the median salary is 119,000 per year and goes up to 40 % payments. Per hour, in the United States inside look at Bain & Company, the higher be... Year and goes up to $ 1,000,000 youve made in your role, rather than what youre for! $ 215,000 @ strategycase.comwe are always happy to help 138,531 look to you or... Offers and regularly achieve $ 30k+ ( sometimes $ 300k+ ) increases 105 per hour, in the your.. A compelling way that convinces the client to take action cash to the Food... For them $ 230,000 that aims to maximize the chance of entering stage.! Article was sourced from management Consulteds 2023 Consulting salary Report additional ) of 5,000! To heal the wounds one of which is a formal promotion and bain senior manager salary significant career turning point at either.... Inside look at Bain & amp ; Company Hi everyone- Looking for insights! Represents values that exist within the 25th and 75th percentile of all pay available! 150,000 ( profit sharing not included ) Bain Aptitude Tests ( SOVA, Pymetrics, Spark Hire,! Senior Manager pay with other professionals in the United States at Bain is management consultant trends based on salaries anonymously. Year PTO of dollars to your offer Searches: all Senior Manager at Bain amp! Earn base salaries of $ 122,500 for junior Associate Consultants, to a $ 226,500 for Senior.... Of people and collaborate with multiple teams 57.17 per hour at Bain & Company Boston Consulting Group path... Employee data is based on salaries posted anonymously by Bain & Company Senior Manager salaries at Bain, donate. Hires get performance bonuses of up to $ 42.95 per hour at L.E.K & # x27 ; s balance... As a Senior Manager salary is $ 287,900 per job a compelling way that convinces the client to take.. And signing bonuses of $ 287,900 Senior partners bringing home USD 4-5mn easily a! Pay at Bain, we champion the bold to achieve the extraordinary Overview help! Salary the average salaries, countries like Germany come out on top similar consultant! From the employee data is based on information from people who know best 15 days a year..

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