Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 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. To improve your skills in all areas of the interview, check out our targeted offers below. Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. . The typical Bain & Company Senior Manager salary is 119,000 per year. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The earthquake disaster in our country is heart-wrenching. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. 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)! 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. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Title Sample Salary Salary Comparison; Partner: $285,000 Benchmark Your Job: Senior Manager: $154,000 Benchmark Your Job: Director/Principal (11+ yr exp) $146,000 Benchmark Your Job: Manager: $98,000 Benchmark Your Job: Sr Consultant (3-5 yr exp) $83,000 Benchmark Your Job . Senior managers, serve as leaders for both case teams and clients. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. 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. Hence, the maximum bonusis given only tothe few % of consultants with a perfect rating, whereas the majority receives around 40 to 60% of the maximum amount. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. out of network benefits, fertility benefits. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. . 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. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Additionally, cities like San Francisco and Boston also report highly competitive salaries for Senior Managers at Bain & Company. A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. This is the employer's chance to tell you why you should work for them. 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 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? Consulting, McKinsey & Company Inc, and Warburg Pincus. What does it take to be a Bain management consultant? 3 Comments Shares 2 . Get Paid, Not Played . See if they're hiring! Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. 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. 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. 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. The salary figures in this article are for those joining management consulting positions in 2023. Bain Consultants in the US can make up to $226,500 each year, with $165,000 from base salary, $41,500 from bonuses, and $20,000 from shared profits. The whole country is working hand in hand to heal the wounds. .css-1qxtz39{font-size:12px;}Reported in 3 salaries. Workers in the retail department can earn an average of $154,921 per year. Any update on the Mck comp. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. 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. Junior partners or non-equity partners would make USD ~350k and young partners start at around USD 700k per year, both with more than 50% of their salary being variable based on a combination of their performance and their firms performance. At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain & Company. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. Learn about the award and see why employees love working at Bain. 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Each promotion to a higher level will also coincide with a salary leap. Holy crap. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. We even created Excel templates and PowerPoint presentations. Work experience (exact years of dependent on specific experience). .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? View job. This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. 1 reactions. 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). 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. 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. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. A leader that plays a pivotal role in building relationships with clients. 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. 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 Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Bain & Company Salaries - By Title . Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. I was going to help people solve problems. 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! Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. 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 | 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. 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 & Company pays Senior Managers $191,662 per year on average. How accurate does $143,000 - $215,000 look to you? During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Based on the applicants tenure and experience, the top 3 consulting firms in the US pay signing bonuses in the range between USD 5k (for business analysts) and 30k (for senior associates and project leaders). When factoring in bonuses and additional . It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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. Bain just increased paternal leaves (all genders) to 21 weeks. The exact size of this payment is driven by the role and distance of the relocation. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. MBA hires at Bain get PTO vacation of 25 days per year. 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. out of network benefits, fertility benefits. 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)! My path to Bain has been interesting. Please note that all salary figures are approximations . 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. Averages based on self-reported salaries. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. We even created Excel templates and PowerPoint presentations. 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