During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Please read and agree to the Privacy Policy. A worker with the title principal salary at Bain & Company can earn an average yearly salary of $211,198. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. Our pain is indescribable. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Highest Paying Similar Job At Bain & Company. Based on our data, Bain & Company employees in Washington, DC and New York, NY get paid the most. New hires can expect relocation support payments between USD 2k and 10k. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. Senior managers, serve as leaders for both case teams and clients. 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. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. Being a shareholder in the partnership obviously comes with benefits on their own. 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. 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. Master's-level graduates get offered around $112,000 in base salary at Bain. Engage in conversations about Senior Manager pay with other professionals in the community. 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 The earthquake disaster in our country is heart-wrenching. 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! My path to Bain has been interesting. 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. Generally, the bonus is normally distributed. This is the employer's chance to tell you why you should work for them. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Our pain is indescribable. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. Your email address will not be published. Learn about the award and see why employees love working at Bain. Bain & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. This is 61% more than the national average salary for Senior Managers. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. 103% above the national average. Bain's salary ranges from $12,178 in total compensation per year for Business Analyst to $287,900 for Management Consultant. In order to succeed, you will learn to cultivate talented groups of people and collaborate with multiple teams. This includes base salary as well as any potential stock compensation and bonuses. The earthquake disaster in our country is heart-wrenching. Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. At the time, I wondered why other companies hadnt thought of this genius business strategy. Average salaries for Bain & Company Senior Manager: $164,681. Stay ahead in a rapidly changing world. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. 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! Additional pay could include bonus, stock, commission, profit sharing or tips. A leader that plays a pivotal role in building relationships with clients. 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. Your input helps Glassdoor refine our pay estimates over time. Salaries vary by department as well. Check out the latest Bain & Company Jobs. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. The salary trajectory of a Senior Manager ranges between locations and employers. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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! Averages based on self-reported salaries. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Our Bain Online Test article will show you everything related to the test, what youll be asked and what you do to prepare for it. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. The salaries and compensation structure at McKinsey, BCG, and Bain (MBB) or at Tier 2 consultancies, or Big 4 such as PWC careers are relatively rigid with very little room for negotiation. 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Your input helps Glassdoor refine our pay estimates over time. 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. The information provided is from their perspective. 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. 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. 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! 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. Required fields are marked *. According to our data, the highest paying job at Bain & Co. is a Partner at $300,000 annually while the lowest paying job at Bain & Co. is a Marketing Intern at $30,000 annually. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. The data presented on this page does not represent the view of Bain & Company and its employees or that of Zippia. The estimated additional pay is $128,992 per year. I was going to help people solve problems. The solidarity that has been shown is our only comfort. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. Manager Senior Manager Associate Partner Partner Advanced Degree Holders Are you completing your PhD, JD or MD and trying to identify the next step in your career? Your input helps Glassdoor refine our pay estimates over time. 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. 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. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Your input helps Glassdoor refine our pay estimates over time. A comprehensive guide to Bain & Company Salary in 2020! Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? 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. 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. 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)! 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. Machine Learning Engineer salary in the United States at Bain & Company. 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 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. Florian spent 5 years with McKinsey as a senior consultant. You can expect the salary progression of the top 3 firms to look similar to the chart below. Take a look at our senior roles. 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). 4 days ago. Bain & Company pays Senior Managers $191,662 per year on average. *I have read thePrivacy Policyand agree to its terms. See all Senior Manager salaries to learn how this stacks up in the market. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. 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 information provided is from their perspective. 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. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). Below, we have compiled business analyst, associate, and project manager level salary breakdowns for McKinsey, BCG, and Bain for six major countries. 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. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. This is 61% more than the national average salary for Senior Managers. At the time, I wondered why other companies hadnt thought of this genius business strategy. We even created Excel templates and PowerPoint presentations. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. 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! My path to Bain has been interesting. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. Salaries posted anonymously by Bain & Company employees. Bain & Company pays Senior Managers $191,662 per year on average. The solidarity that has been shown is our only comfort. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. The whole country is working hand in hand to heal the wounds. The estimated total pay for a Senior Manager at Bain & Company is $329,629 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. How Much Does Bain & Company Pay Senior Managers? 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 also makes a 401(k) retirement contribution of up to $8,000 for US employees. 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. Manager's Assistant/Administrative Assistant. Find out what works well at Bain & Company from the people who know best. out of network benefits, fertility benefits. Like. .css-1qxtz39{font-size:12px;}Reported in 3 salaries. 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. 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. This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. 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! 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. Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. 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 estimated base pay is $164,681 per year. 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. 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. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. The most effective case book has arrived! This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. 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. The estimated base pay is $200,191 per year. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. View job. The whole country is working hand in hand to heal the wounds. The estimated additional pay is $89,000 per year. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. My path to Bain has been interesting. 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.
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