If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. Consulting, McKinsey & Company Inc, and Warburg Pincus. 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 wants to know what impact youve made in your role, rather than what youre responsible for. 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. 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 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. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. 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. This includes base salary as well as any potential stock compensation and bonuses. 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. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. The average salary for a Senior Manager is $121,175 per year in Canada, which is 42% lower than the average Bain & Company salary of $211,269 per year for this job. 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. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. The estimated base pay is $164,681 per year. Learn more about the Bain & Company New York City office. 4 days ago. Engage in conversations about Senior Manager pay with other professionals in the community. 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)! When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of 138,531 per year. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. I was going to help people solve problems. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. This is 61% more than the national average salary for Senior Managers. As part of the transition to firm leadership, the learning curve for managers is steep. Bain & Company. View 75 posts from February 2023. . Bain just increased paternal leaves (all genders) to 21 weeks. Bain & Company pays senior managers $57 an hour, on average. A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. 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 & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. Zippia gives an in-depth look into the details of Bain & Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bain & Company. Some receive only 10% of the potential payout. 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. The whole country is working hand in hand to heal the wounds. To improve your skills in all areas of the interview, check out our targeted offers below. My path to Bain has been interesting. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Expert Senior Manager, Machine Learning Engineer. The average salary for a Senior Manager is 79,162 per year in United Kingdom, which is 33% lower than the average Bain & Company salary of 119,000 per year for this job. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Employees who work in the retail organizational function tend to get paid the most at at Bain & Company, earning an average yearly salary of $154,921. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. Your email address will not be published. The salary trajectory of a Senior Manager ranges between locations and employers. As well as Bain consultant salary benefits, careers at Bain come with many perks. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? Bookmark content that interests you and it will be saved here for you to read or share later. The whole country is working hand in hand to heal the wounds. A comprehensive guide to Bain & Company Salary in 2020! You'll play a critical leadership role in your office, coordinating training, aligning professional standards and social impact initiatives, and sharing your expertise by supporting ACs and consultants with their career planning. 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 | Appreciate any information! 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. The whole country is working hand in hand to heal the wounds. We even created Excel templates and PowerPoint presentations. None of the information on this page has been provided or approved by Bain & Company. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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! Senior Consulting Roles The career path at Bain is steep but extremely rewarding. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Being a shareholder in the partnership obviously comes with benefits on their own. My path to Bain has been interesting. This is the employer's chance to tell you why you should work for them. That aims to maximize the chance of entering stage 2. 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. Any update on the Mck comp. Bain & Company Senior Manager Reviews Updated Feb 17, 2023 Find Reviews Clear All English Filter Found 105 of over 6K Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 4.5 97 % Recommend to a Friend 94 % Approve of CEO Manny Maceda 74 Ratings What people are saying about Bain & Company Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. 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! Our pain is indescribable. 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. We can help you get your desired MBB consulting offer. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Read more about Consulting Salaries For MBA & Masters Graduates. Each promotion to a higher level will also coincide with a salary leap. Some of the competitors of Bain & Company are L.E.K. The typical Bain & Company Senior Manager salary is $211,269. MBA hires at Bain get PTO vacation of 25 days per year. MBB Senior Consultant Salaries. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. See if they're hiring! Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. 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. The earthquake disaster in our country is heart-wrenching. The information provided is from their perspective. . 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). This is 61% more than the national average salary for Senior Managers. Consulting or Boston Consulting Group would be a smart choice, as they are the highest-paying companies in this field. Find out what salary you could earn at Bain & Company after an MBA or masters degree. 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. 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. 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. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Senior managers, serve as leaders for both case teams and clients. Compare pay for popular roles and read about the team's work-life balance. When factoring in bonuses and additional . Let us know if you spot any inconsistencies in our data. Our pain is indescribable. Holy crap. 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. Our pain is indescribable. Bain & Company pays $42.95 an hour, on average. The typical Bain & Company Senior Manager salary is $211,269. The whole country is working hand in hand to heal the wounds. 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! Consulting average higher than the other similar companies, where the median salary is $137,256 per year. The salary figures in this article are for those joining management consulting positions in 2023. The estimated additional pay is $129,438 per year. 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). Are you an impact player? How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Bain & Co. employees earn $70,500 annually on average, or $34 per hour, which is 7% higher than the national salary average of $66,000 per year. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Consulting. 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. However, workers in the marketing department earn an average salary of $129,308 per year. Bain & Company pays $118,906 per year on average compared to L.E.K. 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! During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Bain & Company pays Senior Managers $191,662 per year on average. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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