All of those can add up to a nice sum, making competition for these roles extremely competitive. But compensation is competitive from the beginning. Brillio will use the capital to build its capabilities in the areas of design, experience, product engineering. This estimate is based upon 137 Bain & Company Associate Consultant salary report(s) provided by employees or estimated based upon statistical methods. Bain Manager Salary Managers at Bain design and oversee projects for clients. Salaries estimates are based on 15 salaries submitted anonymously to Glassdoor by a Bain Associate Consultant employees. Lets compare the entry level salaries between both countries. 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. Read more about Consulting Salaries For MBA & Masters Graduates. The typical Bain & Company Associate Consultant salary is $94,900 per year. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. Associate Consultant salaries at Bain & Company can range from $80,000 - $100,000 per year. Lets take a look at how the Bain consultant salary varies by role. For context, annual raises are given out in July each year. 73 Bain & Company Senior Analyst jobs. The lowest salary for a Bain Associate Consultant in United States is $28,563 per year. Thanks. Your input helps Glassdoor refine our pay estimates over time. Masters-level hires get performance bonuses of over $22,000 and signing bonuses of $5,000. Learn how this feature works. Bain salary progression is quite steep relative to the corporate world. The management is supportive and helps you with your development. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. 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 . 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. Bain wants to know what impact youve made in your role, rather than what youre responsible for. A staggering 94% of Bain employees and alumni would recommend the experience to a friend. 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. 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. The salary starts at $78,075 per year and goes up to $142,975 per year for the highest level of seniority. 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. 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. And growth was easily around 20% y-o-y for the initial years. Masters level graduates would typically take more time to reach the same levels. The estimated total pay for a Associate Consultant at Bain & Company is $132,054 per year. Associate Consultant Bain & Company Oct 2020 - Present1 year 11 months Los Angeles, California, United States Growth Associate Fanimal, Inc. Dec 2019 -. There is some polarity when it comes to work-life balance. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. As with any consulting firm, your Bain consulting salary will rise as you climb the pre-defined career paths. No salaries have been reported for Associate Consultant at with the selected location and years of experience. Im in the north east Florida region. At this level, youre expected to leverage your professional network to bring in clients. However, top partners can make $1M+ or more comp at this level is variable, with the biggest factor being the amount of work you sell. They also tend to honor the standard up-or-out policy, even if its not a hard and fast rule. Bain Consultant Salary | What Could You Earn At Bain & Company. The estimated base pay is $108,450 per year. Strategy consulting firms spent a lot on pay. My jaw about just dropped when big boss said this. . The data in this article was sourced from Management Consulteds 2022 Consulting Salary Report. Does any one in this board work for Humana in the provider contracting professional/contract negotiating role? In the UK, the average Bain and company salary at this level is 45,000, with a performance bonus of up to 11,250. Consulting Director salaries at Deloitte can range from 135,562 - 198,455 per year. 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 . The Bain and Company salary differs for each employee, in accordance with a variety of factors and of course levels within the firm. Average Bain & Company Associate Consultant yearly pay in Texas is approximately $75,685, which is 12% above the national average. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Associate Consultant salaries at Bain & Company can range from US$87,362 - US$136,200 per year. Since a "Consultant" title was given 2 years post MBA (and person would be there for ~3 years before becoming manager), one can expect the starting salaries to be 35 8 Shrishti Lahoti 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. 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. 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. Additionally, workers have the opportunity to expand their professional network and undergo continuous on-the-job training to upskill and meet evolving client requirements. 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. Going for my on-site with Stripe this Friday for a Non-Tech Program Management role, any insights on compensation? Associate Consultant 57,802/yr Avg. Help make it more accurate by adding yours. These include: performance bonuses of up to $22,500, a housing allowance up to $5,000, a relocation bonus up to $5,000, 4.5% salary contributions into a 401k, and a signing bonus up to $5,000. Additional pay could include cash bonus, commission, tips, and profit sharing. 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. Copyright 2008-2022, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. Averages based on self-reported salaries. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Introducing our bold new ESG Commitments! Please note that all salary figures are . Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. 2022 BusinessBecause Ltd. All rights reserved.. 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. There is a lot of room for growth at Bain, both in terms of role and in terms of growth above your Bain starting salary. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. These are approximate figures and salaries and bonuses may exceed the figures mentioned. How much does a Bain Associate Consultant in United States make? Bain increases consultant hiring for 2021. 2021 base: ~100k, estimate but unconfirmed. The biggest factor in deciding which career to choose or firm to join is salary.The starting salaries of consulting firms vary between . 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. This equates to $116,000 in base salary and $53,000 in performance bonuses. This article is updated annually. Bain has also recentlyincreased consulting salaries for 2022, along with the other Big Three consulting firms. The Bain consultant salary is extremely compelling, even for entry level hires with only an undergraduate degree. 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 Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Your input helps Glassdoor refine our pay estimates over time. For new hires coming out of undergraduate or masters degree programs, the base salary averages $90,000 per year. Deloitte Consulting Salary Consulting is the most well-compensated service at Deloitte. Introducing our bold new ESG Commitments! Managers at Bain design and oversee projects for clients. In the US, Associate Consultants with an undergrad or masters earned an average base salary of $90,000. 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 2020 all-in: ~100k Incl Sign on . 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. MBA hires at Bain get PTO vacation of 25 days per year. This estimate is based upon 176 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Related Searches:All Associate Consultant Salaries|All Bain & Company Salaries. When Bain consultants are promoted to the next level, usually every two-to-three years, they also receive a salary jump. Yet, top performers can rise to $220,000 at the high end. Master's-level graduates get offered around $100,000 in base salary at Bain. 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. Im trying to get a ball park of what the salary amount is for this position? The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Some related job titles areBusiness Analyst salaries with median pay of $81,685,Financial Analyst salaries with median pay of $72,515,Management Consultant salaries with median pay of $122,216,Entry Level Consultant salaries with median pay of $50,719. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. 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. Still, the overall reviews are extremely positive, with an average Glassdoor rating of 4.6 stars out of 5. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. BCG vs.McKinsey: Compensation.Both companies offer a healthy starting salary with a base of at least $165,000. They will usually remain at that level for up to two years. This estimate is based upon 34 Bain & Company Associate Consultant salary report (s) provided by employees or estimated based upon statistical methods. Related Searches : All Associate Consultant Salaries | All Salaries 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. Retirement Benefits: 401(k) retirement For the rest of your career, your tenure at Bain will signal to future colleagues and customers that you are a top performer. See if they're hiring! Associate Consultant salaries at Bain & Company can range from 42,133 - 68,863 per year. As an associate consultant, you'll apply and develop your analytical, interpersonal, creative thinking, business management and leadership skills from day one. We strive to provide flexible working opportunities that support our people and enhance their lives. 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. University of Pennsylvania: Wharton School. 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. 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. 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. Workplace Enterprise Fintech China Policy Newsletters Braintrust parts for duromax generators Events Careers famous peadophiles uk 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. You how much does a Bain Associate Consultant Jobs or see Associate salaries. 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