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 starting pay for a Senior Manager at Bain & Company is $86,000 per year, or $41 an hour. The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. View job. Required fields are marked *. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. We even created Excel templates and PowerPoint presentations. Average salary for Bain & Company It Senior Manager in Sutton Coldfield: 84,779. The whole country is working hand in hand to heal the wounds. View 75 posts from February 2023. . In the US, BAs working for Bain & Co can expect to make $86,000 annually in base salary. Bain & Company pays Senior Managers $191,662 per year on average. Bain & Company pays senior managers $57 an hour, on average. Check out the latest Bain & Company Jobs. 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. Bain looks for practical, leadership experience. Bain & Company pays $42.95 an hour, on average. Bookmark content that interests you and it will be saved here for you to read or share later. The salary figures in this article are for those joining management consulting positions in 2023. Bain & Company pays Senior Managers $191,662 per year on average. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. Based out of Bain India and like it here, but curious about the other side if I'm missing something in terms of opportunities. Averages based on self-reported salaries. How Much Does Bain & Company Pay Senior Managers? COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. 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. Florian spent 5 years with McKinsey as a senior consultant. In this article, we want to give you an insight into how much money you can expect and how your salary will progress as you move up the ranks at the different strategy consulting firms. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . 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! it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. This is a formal promotion and a significant career turning point at either firm. Holy crap. Find out what works well at Bain & Company from the people who know best. The earthquake disaster in our country is heart-wrenching. Stay ahead in a rapidly changing world. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. I was going to help people solve problems. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Highest Paying Department At Bain & Company. A comprehensive guide to Bain & Company Salary in 2020! Senior Consulting Roles The career path at Bain is steep but extremely rewarding. 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. 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 pays $118,906 per year on average compared to L.E.K. 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. Generally, the bonus is normally distributed. At the time, I wondered why other companies hadnt thought of this genius business strategy. Bain & Company: $250,000; BCG (Boston Consulting Group): $250,000; McKinsey & Company: $250,000; Big 4 Senior Consultant Salaries. The estimated additional pay is $129,438 per year. Some receive only 10% of the potential payout. Your input helps Glassdoor refine our pay estimates over time. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. Bain & Company pays $89,339 per year on average compared to Boston Consulting Group which pays $107,566. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. 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 . Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. The estimated total pay for a Senior Manager at Bain & Company is $329,629 per year. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). When factoring in bonuses and additional compensation, a Senior Manager at Bain & Company can expect to make an average total pay of $273,644 . Please read and agree to the Privacy Policy. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Learn about the award and see why employees love working at Bain. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. What does it take to be a Bain management consultant? Being a shareholder in the partnership obviously comes with benefits on their own. 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. 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. Based on our data, Bain & Company employees in Washington, DC and New York, NY get paid the most. In terms of living costs and compared to the average salaries, countries like Germany come out on top. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. My path to Bain has been interesting. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Like. 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. 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. 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! After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. 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! Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. Senior managers, serve as leaders for both case teams and clients. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. The typical Bain & Company Senior Manager salary is 119,000 per year. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The average salary for Machine Learning Engineer at Bain & Company in the United States is $285,556 per year, which is 103% above the national average. Yes, the pay is good at Bain & Company. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. 3 Comments Shares 2 . out of network benefits, fertility benefits. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. It's a very interesting job which gives strong basics to problem solving and data analysis, but this often comes with big cons, such as continuous travel and a not-ideal work-life balance. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. . I was going to help people solve problems. 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 solidarity that has been shown is our only comfort. Our data shows that Bain & Company employees in Washington, DC get paid the most, where the average yearly pay is $100,668. 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. 4 days ago. Compare pay for popular roles and read about the team's work-life balance. 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