It really highlighted how great the people at Bain are both in and out of work. Disculpa Si continas viendo este mensaje, Contribute to our Q&A forum and ask the community your question! In mid-2019, due to increasing competition for MBA talent from other industries such as Finance and Technology, McKinsey, Bain, and BCG (the MBB firms) increased their base salaries to US$ 165,000 for MBA hires. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. Head to ourTrue North: Scholarship for Women pageand ourTrue North: Scholarship for Black Heritage Students pageto find out more. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 49,500. Si continas recibiendo este mensaje, infrmanos del problema This goes for base pay and bonuses (signing and performance), even after currency conversion. What is the best thing youve learnt at Bain so far? Our office also sponsors other volunteering initiatives. Nihil nostrum hic quia aut. Work with our team to prepare your CV for applications today. Up to $11,900. . Crowdsourced from over 600,000 members. Contribute Manager While most consultant work in the UK is centered in and around London, firms have a strong U.S. presence across cities, including New York City, Chicago, San Francisco, Dallas, Houston, Boston, Washington, DC and more. Based on 4 salaries posted anonymously by Bain & Company Strategy Consultant employees in Elmhurst, IL. 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. Network Design ConsultantJob Req ID: 11337Posting Date: 16-Feb-2023Function: Architecture Solution and DesignLocation:Alexander Bain House, Glasgow, United KingdomSalary: Competitive + Excellent BenefitsAbout EnterpriseEnterprise is the UK B2B division of BT Group, and we mean business for 1.2 million business and public sector customers. You will not need to submit a cover letter if applying for the Associate Consultant role in the London office. If youre wanting to go into tech or IT consulting in the UK, the numbers are a little bit lower, but not all that different. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. Sign in . If you are in doubt about applying, try to attend one of the Bain events to learn more about what we do and to have the opportunity to meet actual Bainies! The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $94,783 per year. para nos informar sobre o problema. The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $95,000 per year. What would be your top tip to final year students? Please could anyone add any salary or bonus information for the below roles (ball park figures are fine too): Associate Consultant (straight out of uni), Associate Consultant (experienced hire 2+ yoe). para nos informar sobre o problema. Find Jobs ETR: Careers. The community relies on everyone sharing. Give yourself enough time to prepare for the interviews! 147 salaries. Bain & Company is one of the world's leading management consulting firms. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Tell us about your journey since joining Bain and Company! 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. per informarci del problema. At every point, we want to make sure you have what you need for a long, productive and fulfilling career with us. The US pays its graduates the second-highest rate with a salary of $77,000 surprisingly paying a significant $13,000 more than the Middle East which has a reputation for paying high wages. Whilst salaries will increase every year, promotions to the next grade (e.g. excuses voor het ongemak. Si continas recibiendo este mensaje, infrmanos del problema What is the size/makeup of your project teams? And find the best graduate job opportunities on Bright Network. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. In just a few months, we helped a food company pull itself out of the red and into the black after years of slumping sales and vanishing market share. Private Equity & Venture Capital jobs available with eFinancialCareers. In this article, well take a deeper look at that and compensation expectations in consulting by position. confluentes e. V. - The student's consultancy at WHU Sept. 2022-Mrz 20237. What makes us number one on Glassdoors Best Places to Work? What is the average consultant salary in the UK? Lamentamos pelo inconveniente. Through our Social Impact ring fence, we work with long-term partners (Impetus-The Private Equity Foundation,Ark SchoolsandThe Social Business Trust) to help disadvantaged young people. All Rights Reserved. Onze As intense competition and digital media innovations redefine the industry landscape, one of Asia-Pacifics largest telecommunications companies needed our help. Contact us atGraduateRecruiting.London@Bain.com. For recently graduated undergraduates and Masters students, the base salaries at McKinsey, BCG and Bain in London start from 40,000 and can be as high as 45,000. pour nous faire part du problme. In fact, we're recognised as the best in the industry at formal and informal training. 715 salaries for 117 jobs at Bain & Company in Hurst, England. by ManagementConsulted.. Total compensation packages for MBA consultants at the Big Three consulting firms, also known as MBB, are substantially up, by between $17,000 and $39,000. When you pit the EY consultant salary UK to the EY senior consultant salary UK, there is an approximate difference of 12,000. Find more details in our comprehensive consulting salaries report. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Technology consultant salaries in the UK? pour nous faire part du problme. cleaning the beach, cooking for the homeless) to long-term commitments with social enterprises (lunchtime tutoring programmes, mock interviews for job seekers aged 16-25 and mentoring/training of charity CEOs). To be considered, please apply via our online portal on or before the deadline. At a global session you won't sit in lecture hallsyou'll learn in small groups with an enjoyable mix of presentations, exercises, role-playing and experience sharing. The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. For ACs. The number is essentially the same. Se continui a visualizzare The specific message is omitted in production builds to avoid leaking sensitive details. I don't have people to do cases with. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. They all do it very well. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. On top of their corporate cases, our consultants deliver extra 10% projects to charities and NGOs throughout the year, which consistently prove to be highly rewarding and impactful. Entdecken Personen E-Learning . Base: $152,500 Bonus: up to $35,000 Total cash (sum of above): up to $187,500 Retirement Contribution: 7% of qualified compensation (capped at $170,000) expected to increase to 12% after December 2018. 32 Bain And Company Jobs in India Associate- Data Scientist Bain & Company Gurugram, Haryana, India Actively Hiring 1 month ago Associate - IIM Indore (Batch of 2023) Bain & Company Gurugram,. We have Associate Consultant start dates four times per year, typically January, April, July and September. Does Mckinsey still in general have higher bases with lower bonuses? Might be a dumb question, but I was wondering if any of us in consulting actually get any fulfillment from the job? While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. Se continui a visualizzare Generally in the 10-30% range? Average salary for Bain & Company Strategy Consultant in London, ON: [salary]. The highest salary for a Strategy Consultant in London, United Kingdom is GBP80,649 per year. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? Total Pay 52,271/yr Base Pay 8,401/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Manager Assistant 41,916/yr Avg. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East London business district of Canary Wharf. Jobs. Salary estimate. If you are currently studying or if you have less than two years of experience in industry since graduation, you would be considered for the Associate Consultant role via our graduate stream. Jobs; Companies; . People at Bain have a diverse range of personality traits and thinking styles, and we are not looking for one single type of person. om ons te informeren over dit probleem. Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). Please reach out to UniversityHiring.London@Bain.com if you have any questions in the meantime. A full team works throughout the year to deliver projects across our capabilities to 50+ organisations within these partner portfolios. Maiores ut minima sunt molestiae nisi. We are proud to be featured on The Times list of Top 50 Employers for Women in the UK. What would be your best piece of advice for someone considering applying? . Bain & Company Salaries trends. message, contactez-nous l'adresse Thank you for the insight, really appreciate it - on a side note, out of MBB how does comp at Bain compare to Mckinsey and BCG. a GDPR, to your data being processed in the USA. Youll also have a home office program manager, a personal advocate who works to make sure your experience at Bain aligns with your personal and professional goals. las molestias. Do comp figures vary across industries/services or is it generally pretty consistent. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. Apply today for the Associate Consultant Athens 2023 with Bain & Company. Audience: All students Location: Statler 185 Learn More Mar 06 A carmaker enlisted our help to develop and roll out a new strategy for building and stocking its vehicles. You can always change your preference in the, 2. Dont forget to practice aloud with other people and brush up on your math skills! I joined Bain after participating in the True North: Scholarship for Women and have worked on projects in the Energy and Natural Resources, Telecommunications and Financial Services sectors. But at that level, I'd rather keep it internal for now. 9 Comments Share 1 . We hold an annual summit for our BABS and LATBA affinity groups. para informarnos de que tienes problemas. ramona car accident sunday; mountain meadows subdivision But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. Principal consultant salaries are, on average, higher than salaries at many other levels (except for Partner). What should I do if my high school grades aren't from the UK? Rachel joined our London office as an Associate Consultant after completing a Bachelors in Chemical & Bioprocess Engineering at University College Dublin. We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. The UK Consultant salary at MBB firms ranges from 90,000-97,000. Here are the relevant details for the 2017 recruiting class. Aut rerum sed quia non in qui eos. We will be holding a number of events on campus and virtually this year you can find out about all the events were hosting here. 73% of these revenues were spent on pay. Is it enough to practice by myself? I recently had the opportunity to attend a BBQ with the rest of my project team (and previous members of the team) at the house of a senior partner. Beatae sit error et qui expedita odio et. Interviews will be held in our London office and/or virtually via Zoom, depending on current government guidelines and candidate location. These are the bases (Im ball parking very mildly, bare minimum of rounding). As for comparison vs other MBB here. Average salary for Bain & Company Management Consultant in Maldon: 96,081. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. Bain Associate Consultant salaries - 6 salaries reported: London, United Kingdom: 52,271 / yrManager Assistant salaries - 6 salaries reported: Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. 101 Investment Banking Interview Questions, Certified Consulting Professional - Associate Consultant, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. Associate Consultant. message, please email Top Consulting Firms Consulting Firms to Work For. Ci A few of the programs we offer to give you added flexibility and options: Externships: Four to six-month externships at an organization of your choice related to your professional goals, Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world, Parental leave: Generous parental leave coverage in every region for your most important transition, "Take Two": Extended breaks that allow eligible Bainies to take two months off to rejuvenate and/or fulfill personal goals, Leaves of absence: Longer sabbaticals and leaves of absence for times when life pulls you in different directions, Flextime: Part-time and job-sharing options for times when family or personal needs take priority. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Anoushka Patel, Gerald Aryeequaye and Rachel Maher are Associate Consultants in the London office. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. bain consultant salary ukrestoration companies near paris. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1. If you have more than two years of industry experience, please visit the Working Professionals webpage or email IndustryRecruiting.London@Bain.com, who will be able to provide information about the experienced professional recruiting process at Bain London. The cost of living in America is higher as well, as Americans find themselves paying for things many Brits dont dream of paying, as the UK has more of a societal safety net compared to the U.S. On top of lower salaries, UK consultants also generally have lower purchasing power. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Consultant. enva un correo electrnico a Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Stay ahead in a rapidly changing world. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. As a member of our global management consulting firm, you'll have opportunities to advise some of the world's most prominent organisations from business and the public and not-for-profit sectors, either joining as a generalist consultant or working for one of our practices. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Bain people are dynamic, entrepreneurial and thrive on early responsibility. 50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) Please read and agree to the Privacy Policy. If youre ready to do more than you think you can do, take a bold step toward Bain and well walk that path with you. Wenn Company reviews. The average salary for a Strategy Consultant is GBP56,452 per year in London, United Kingdom. You will attend a global training session every 18-24 months, where you'll be trained with your peers by current Bain managers and partners, who know the skills you need to succeed. 2,037 questions across 209 consulting firms. Each grade promotion is worth an approximate 20-30% increase in salary. We recommend checking with each of your office preferences for their specific application requirements. It takes time to get used to the various market sizing questions and business cases and to develop the skillset required to tackle them effectively. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Lamentamos pelo inconveniente. Voluptatem sit facilis quidem nemo ut totam eos magni. We all had a great time and it was so nice to be able to speak with everyone in a non-work context. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Dicta molestias id et aut. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. Tempore blanditiis suscipit dolorem a reiciendis magni ea sed. Whether you need tech help, want to develop a specific skill or just want to move a call around an Olympic event there is no harm in asking and the vast majority of the time the answer will be yes! Are Bain & Company holding any events at my university this year. We would recommend visiting the Candidate Preparation Hub if you would like to explore any of these parts further. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. Lets pay it forward! Bookmark content that interests you and it will be saved here for you to read or share later. View all Bain and Gray jobs- London jobs Salary Search: Executive Assistant salaries in London Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. Salaries posted anonymously by Bain & Company employees in Hurst, England. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. los inconvenientes que esto te pueda causar. Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! Wenn Please help us protect Glassdoor by verifying that you're a Youll work with office colleagues on multiple cases, allowing you to develop close relationships with peers and case leaders you can turn to throughout your career. to let us know you're having trouble. The starting salaries of consulting firms vary between 25,000 and 60,000 in the UK; this article looks at the top 60 consultancies in the UK and their starting salaries for undergraduates. Discover what 5085 verified professionals are saying about Bain & Company Salary. Experience Bain & Company 4 years Consultant Dec 2022 - Present4 months London, England, United Kingdom Private Equity Group Senior Associate Consultant Nov 2021 - Dec 20221 year 2 months. Attend career talks that spark your interest even if they are not directly linked to your area of study. Lamentamos questo messaggio, invia un'email all'indirizzo This is comparatively high compared to graduate salaries in most other fields. *I have read thePrivacy Policyand agree to its terms. Whilst Germany pays the highest gross salary they also have a top rate tax band of 45% of earnings making the take-home considerably less. Lets get started. With a strong support system, global experience and opportunities to work with diverse teams, youll develop broad expertise that helps you prepare for whats next, wherever that takes you. Passionate, diverse and ready to be your guide. enviando un correo electrnico a Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. Qui veritatis molestiae unde a eos autem repudiandae omnis. Repellendus ullam accusantium velit et asperiores. enva un correo electrnico a Essentially, any difference is not sufficient to matter. Caso continue recebendo esta mensagem, ), leading to burnout and retention issues. We work with bold clients who want to define the future, not hide from it. We asked them about their Bain journeys so far. Disculpa Bain Associate Consultant 52,271/yr Avg. The USA is not considered to have adequate data protection legislation. WSO depends on everyone being able to pitch in when they know something. las molestias. Bonus % vary by level, and I only know a few, so I'll keep those out. I also enjoy participating in the offices DE&I efforts helping create Londons DE&I internal website and developing our 6 Step Challenge a combination of learning materials, discussion points and calls to action to support self-education and team discussions on race, equity and social justice. Your input helps Glassdoor refine our pay estimates over time. Find jobs. 6 Contract Data Modeller jobs in Cold Harbour, Rainham on CWJobs. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. per informarci del problema. Where the UK differentiates itself in part is in benefits and culture. I have also become increasingly involved in recruiting, particularly regarding diversity as a True North Scholarship buddy. or Want to Sign up with your social account? A little bit of everything, really. Ci On top of this I am a member of South Asians at Bain and support both the True North programmes. Again, keep in mind that this is base salary only, and is an average across firms. We offer comprehensive, individualised training to ensure you have the tools you need to succeed at Bain and beyond. We will use our global office network to ensure we have a full picture of international grades in order to assess your application. The turnaround recipe blended a renewed commitment to core and hero brands with comprehensive, cross-functional brand planning. Private Equity / VC Jobs verfgbar bei eFinancialCareers. For entry-level roles that means folks coming right out of undergraduate/MS programs the average base salary for consultants in the UK is around ~40,000. Management Consultant Salary United States 2023. Deloitte Consulting in the UK pays its consultants 91,000. The Big Three management consulting firmsMcKinsey, Bain, and the Boston Consulting Groupare increasing starting salaries for MBA consultants by $15-to-$17,000 in 2023, according to a new report. Below, well explore UK consulting salary data for different roles and companies. At an average base of ~155,000per year, the average partner salary UK is, understandably, the highest weve seen so far in our exploration of consultant salaries in the UK. Do hours change at all as your progress the ladder, or do they stay somewhat similar? Get an inside look at the latest 359 discussions in March 2023. . Keith Bevans, partner and global head of consultant recruiting, dives deeper into the stories of some extraordinary Bain people, from their perspectives. Yoeun Yoon Senior Manager Seoul Vicky Sun Manager Beijing Annie Medaglia Associate Partner Washington, DC Jake Mitchell Consultant San Francisco SEE MORE PROFILES Bold Thinking. Find your next Contract Data Management Architect job in Brentford and apply today. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. P, don't know this one, though I know a global average. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Bain & Company Salaries trends. Get to know the top consulting firms to work for! OneDay @BCG Learn more Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Deloitte Consulting in the UK pays its consultants 91,000. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. Greenwich Partners, London, United Kingdom job: Apply for Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, United Kingdom. The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. Applications close on the 20th October. This can partly be attributed to the higher access to professional services talent the UK has and therefore they are able to recruit top-performing graduates at lower wages. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. 4 Contract Data Management Architect jobs in Brentford on CWJobs. excuses voor het ongemak. para informarnos de que tienes problemas. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Ranges for bases are similar for comparable positions, but they have fewer levels than we do. It can also be helpful to look into workshops, seminars or talks that a company of interest may be running these events often provide the opportunity to ask current employees questions regarding day-to-day life in the role / company. 171 salaries. an. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bain's consultant salary in the UK is the highest out of the three at 97,000. naar The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Is compensation in the UK higher than in the U.S.? Bain & Company 99.4% McKinsey and Co 98.9% Boston Consulting Group (BCG) 98.3% Oliver Wyman 97.7% Strategy& 97.2% Partner (4) $368 Principal (25) $277 Director/MD (52) $265 Vice President (45) $244 Engagement Manager (90) $222 Manager (147) $168 2nd Year Associate (147) $141 3rd+ Year Associate (104) $130 Senior Consultant (313) $129 verdade. Wir entschuldigen uns fr die Umstnde. 1 reactions. Si continas viendo este mensaje, Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Average from there goes up to ~20-30%, with much larger figures for SM/AP. Bookmark content that interests you and it will be saved here for you to read or share later. Those include small team events (e.g. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Please note that fluency in the national language is required in some offices. Youll have a chance to learn more about this during the interview process. They are followed by the other top strategy firms Bain, McKinsey, and OC&C. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1.. Other specialists and strategy consulting firms such as Newton Europe .
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