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 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. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. This is 61% more than the national average salary for Senior Managers. 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. The estimated additional pay is $128,992 per year. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. We are a global consulting firm working with the worlds leading businesses to More. McKinsey & Company Bain & Company Does anyone know the updated salary for post grad positions (McK Business Analyst / BCG Associate) in Singapore at MBBs? Average salaries for Bain & Company Senior Manager: $164,681. This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. Consulting, which pays $219,242. Salaries vary by department as well. Base: $90,000 (UK: 65,000, Canada: CA$80,000, China: 310,000, India: 1,800,000), Performance Bonus: up to $22,500 (UK: 6,000, Canada: CA$10,000, China: 50,000, India: 200,000), Profit Sharing: up to $10,000 (Canada: CA$5,000), Retirement: 4.5% of base + bonus into 401k, no contribution required, Base: $165,000 (UK: 86,000, Canada: CA$160,000, India: 3,500,000, Germany: 103,000), Performance Bonus: up to $41,250 (UK: up to 20,000, India: 770,000, Germany: 25,000), Profit Sharing: up to $20,000 (UK: 6,000, Canada: CA$20,000), Retirement: 401k contribution up to $8,000 (UK: 10,000), Relocation: $8,000 for under 400 miles; $16,000 for over 400 miles. MBA hires at Bain get PTO vacation of 25 days per year. *I have read thePrivacy Policyand agree to its terms. Are you an impact player? 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 SalariesTotal compensation packages at Bain. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. . Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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 earthquake disaster in our country is heart-wrenching. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Average salary for Bain & Company It Senior Manager in Sutton Coldfield: 84,779. The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. This article is updated annually. Your input helps Glassdoor refine our pay estimates over time. Bain & Company pays senior managers $57 an hour, on average. 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 Like. 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)! Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. 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). Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. average salary for a Senior Manager is $121,175 per year in Canada. 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. Please note that all salary figures are approximations . The typical Bain & Company Senior Manager salary is $211,269. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). 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. Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. . Your input helps Glassdoor refine our pay estimates over time. Senior Consulting Roles The career path at Bain is steep but extremely rewarding. 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. I was going to help people solve problems. 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. 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. out of network benefits, fertility benefits. Our pain is indescribable. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The estimated base pay is $199,949 per year. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. However, workers in the marketing department earn an average salary of $129,308 per year. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . Bain & Company. Stay ahead in a rapidly changing world. In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. My path to Bain has been interesting. A worker with the title principal salary at Bain & Company can earn an average yearly salary of $211,198. In order to succeed, you will learn to cultivate talented groups of people and collaborate with multiple teams. 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 When factoring in bonuses and additional . Required fields are marked *. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. 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! Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. These numbers are just starting salaries. 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. The salary trajectory of a Senior Manager ranges between locations and employers. 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 $273,644 . The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. The information provided is from their perspective. Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the Bain associate salary level. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. Workers in the retail department can earn an average of $154,921 per year. Consulting. Bain looks for practical, leadership experience. You can expect the salary progression of the top 3 firms to look similar to the chart below. 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. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. Highest Paying Similar Job At Bain & Company. A worker with the title packer at Bain & Company earns an average salary of $33,978 per year. See if they're hiring! After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Engage in conversations about Senior Manager pay with other professionals in the community. Help make it more accurate by adding yours. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Learn about the award and see why employees love working at Bain. The starting pay at Bain & Company is $50,000 per year, or $24.04 per hour. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. A comprehensive guide to Bain & Company Salary in 2020! Only 1% of candidates receive consulting offers from Bain & Company. I was going to help people solve problems. We are a global consulting firm working with the worlds leading businesses to More. 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. 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. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. How accurate does $143,000 - $215,000 look to you? If you want to get paid the most as a Senior Manager at Bain & Company, Washington, New York and Seattle are the best options, as they are the highest-paying cities in this company. 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. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. 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. 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. 3 Comments Shares 2 . 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. 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. Find out what works well at Bain & Company from the people who know best. New hires can expect relocation support payments between USD 2k and 10k. New York, NY. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $143,000 - $215,000 look to you? Learn how this feature works. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. This is the employer's chance to tell you why you should work for them. 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. How Much Does Bain & Company Pay Senior Managers? 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. 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. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Appreciate any information! Yes, the pay is good at Bain & Company. 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Exactly how much your competitors pay thePrivacy Policyand agree to its terms their,... Firms to look similar to the chart below $ 137,256 per year, in the department. & amp ; Company from the employee and collaborate with multiple teams extremely rewarding receive offers.