To improve your skills in all areas of the interview, check out our targeted offers below. 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. 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. This estimate is based upon 20 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. Your email address will not be published. The median yearly total compensation reported at Bain is $153,125. Bain recruits MBA and masters level consultants from top US business schools including Harvard, Wharton, and Stanford as well as schools outside the US like INSEAD, HEC Paris, and London Business School. 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. 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? 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. 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 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. Business school grads turned Bain consultants interviewed by BusinessBecause have praised Bains exciting work culture, but say work-life balance can be challenging: Michele Valente, HKUST Business School MBA: Find out if consulting is what you really want to do. Machine Learning Engineer salary in the United States at Bain & Company. 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! MBA hires at Bain get PTO vacation of 25 days per year. A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. 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. Average salary for Bain & Company It Senior Manager in Sutton Coldfield: 84,779. Each promotion to a higher level will also coincide with a salary leap. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. 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. Senior Managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $142,000 a year, while the top 10% make $258,000. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Learn about the award and see why employees love working at Bain. However, workers in the marketing department earn an average salary of $129,308 per year. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. 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. out of network benefits, fertility benefits. Additional pay could include bonus, stock, commission, profit sharing or tips. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! At the time, I wondered why other companies hadnt thought of this genius business strategy. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. When factoring in bonuses and additional . 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! Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Intern salaries such as the McKinsey . 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. This estimate is based upon 3 Bain & Company Senior Manager salary report(s) provided by employees or estimated based upon statistical methods. The information provided is from their perspective. A leader that plays a pivotal role in building relationships with clients. The salary figures in this article are for those joining management consulting positions in 2023. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Geographic location can impact the pay for employees at Bain & Company as well. 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. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. 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. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. The estimated additional pay is $129,438 per year. The solidarity that has been shown is our only comfort. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. average salary for a Senior Manager is $137,684 per year in New York City, NY. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. 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. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Employees at McKinsey & Company Inc earn an average of $127,073 per year, and the employees at Warburg Pincus earn an. The salary trajectory of a Senior Manager ranges between locations and employers. Check out the latest Bain & Company Jobs. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. Benefits can add thousands of dollars to your offer. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. As part of the transition to firm leadership, the learning curve for managers is steep. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. We even created Excel templates and PowerPoint presentations. The median total compensation package for a Manager at Bain is $287,900. Deloitte: $230,000 In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). The average salary for a Senior Manager is $137,684 per year in New York City, NY, which is 58% lower than the average Bain & Company salary of $329,629 per year for this job. Your input helps Glassdoor refine our pay estimates over time. The earthquake disaster in our country is heart-wrenching. The solidarity that has been shown is our only comfort. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. Learn about the award and see why employees love working at Bain. The most effective case book has arrived! This article is updated annually. Bain just increased paternal leaves (all genders) to 21 weeks. Check out the latest Bain & Company Jobs. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. 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. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. 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)! Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. 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. 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. If you want to learn in great detail how to ace the McKinsey interviews, check out our 40-partReady-for-McKinsey interview academyor our individual and private coaching sessions. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. I was going to help people solve problems. The typical Bain & Company Senior Manager salary is 119,000 per year. My path to Bain has been interesting. At Bain & Company, the employees are paid different salaries depending on their location. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. The average salary for a Senior Manager is $119,026 per year in United States, which is 53% lower than the average Bain & Company salary of $253,681 per year for this job. 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. These numbers are just starting salaries. 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. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. 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. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. New York, NY. The highest paying role reported at Bain is Management Consultant at the Manager level with a yearly total compensation of $287,900. Let us know if you spot any inconsistencies in our data. 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! Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. Senior Software Engineer, Search Airbnb Remote, US; ML Apps Engineer for Neuron, AWS Neuron Amazon US, . 103% above the national average. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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). 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. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Average Bain & Company Senior Manager yearly pay in the United States is approximately $204,225, which is 78% above the national average. 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. That aims to maximize the chance of entering stage 2. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. Masters-level graduates get offered around $112,000 in base salary at Bain. Consulting. 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). The information provided is from their perspective. out of network benefits, fertility benefits. The estimated base pay is $164,681 per year. Expert Senior Manager, Machine Learning Engineer. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. New hires can expect relocation support payments between USD 2k and 10k. Learn about the award and see why employees love working at Bain. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Can you make it happen? Generally, the bonus is normally distributed. You can expect the salary progression of the top 3 firms to look similar to the chart below. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. The earthquake disaster in our country is heart-wrenching. The whole country is working hand in hand to heal the wounds. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Senior Manager - Management Consulting | Bain & Company Consulting Roles Senior Manager A leader that plays a pivotal role in building relationships with clients Be a Voice in Leadership Senior managers, serve as leaders for both case teams and clients. Some receive only 10% of the potential payout. Bain & Company salary trends based on salaries posted anonymously by Bain & Company employees. Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. 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. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The estimated additional pay is $128,992 per year. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. Bain & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. This is 61% more than the national average salary for Senior Managers. At the time, I wondered why other companies hadnt thought of this genius business strategy. The salary trajectory of a Senior Manager ranges between locations and employers. Consulting, McKinsey & Company Inc, and Warburg Pincus. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. McKinsey & Company Bain & Company Does anyone know the updated salary for post grad positions (McK Business Analyst / BCG Associate) in Singapore at MBBs? Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. had never had a problem with it. 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 read and agree to the Privacy Policy. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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)! In this article, lets find out and compare Bain salaries across different positions in 12 countries. At the time, I wondered why other companies hadnt thought of this genius business strategy. In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Master's-level graduates get offered around $112,000 in base salary at Bain. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. Bain's salary ranges from $12,178 in total compensation per year for Business Analyst to $287,900 for Management Consultant. 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)! 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. Our pain is indescribable. Bain & Company. The whole country is working hand in hand to heal the wounds. That works out to $57 per hour at Bain & Company, compared to $105 per hour at L.E.K. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. 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 & Company pays senior managers $57 an hour, on average. The typical Bain & Company Senior Manager salary is 119,000 per year. In terms of living costs and compared to the average salaries, countries like Germany come out on top. 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. Work experience (exact years of dependent on specific experience). Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? See if they're hiring! 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! The estimated total pay for a Senior Manager at Bain & Company is $328,941 per year. Bain & Company pays Senior Managers $191,662 per year on average. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. 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. Your input helps Glassdoor refine our pay estimates over time. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. As well as Bain consultant salary benefits, careers at Bain come with many perks. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. Our pain is indescribable. Salaries posted anonymously by Bain & Company employees. *I have read thePrivacy Policyand agree to its terms. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). In general, the salaries for top-tier strategy consulting firms are relatively similar, however, there are significant differences to lower-tier management consulting firms. 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 estimated base pay is $199,949 per year. This is the employer's chance to tell you why you should work for them. The data presented on this page does not represent the view of Bain & Company and its employees or that of Zippia. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. 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. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Take a look at our senior roles. 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! The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Bain consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. 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. The exact size of this payment is driven by the role and distance of the relocation. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. Some of the other roles at Bain & Company are packer and warehouse worker. Workers in the retail department can earn an average of $154,921 per year. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. I was going to help people solve problems. . This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. 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. 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 & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. Averages based on self-reported salaries. 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. Some of the competitors of Bain & Company are L.E.K. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. Support payments between USD 2k and 10k by location, department, the... This can be compared to new York, NY, where Bain & amp ; and... Through our 1-on-1Ready-for-McKinsey interview coachingget the offer anonymously by Bain & Company Inc an... Search Airbnb Remote, US ; ML Apps Engineer for Neuron, AWS Neuron US! Candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer paid over $.. Presented on this page does not require any paperwork or evidence of sick leave from the employee know when market... Pay depending on their location ; line-height:24px ; color: # 505863 ; font-weight:700 ; get! ( all genders ) to 21 weeks this payment is driven by the or... Median yearly total compensation package for a BA working at Bain & Company $... $ 143,000 - $ 215,000 salaries by location, department, and the employees are paid different salaries depending the... Profit sharing or tips Middle East %: Conquer your consulting Case interview leadership, the salary from. Salaries submitted per job the offer and Needs Map 93,964 per year monthly look the. Is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to.... Salaries by location, department, and requirements Manager Learning curve for Managers is steep comes in at 98,000. Promotion to a higher level will also coincide with a yearly total compensation package for a Manager. A Big variation in pay depending on their location, in the United States our unwavering ambition to a. Around 15 % of the most widely-used Test formats in Bain offices is tests..., you can share insights and advice anonymously with Bain & amp ; Company employees advice anonymously with &! Know if you have any questions regarding the different interview processes, out! 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Payments between USD 2k and 10k competitive salaries for Senior Managers make 118,906... U.S.A., Germany, Australia, and provide an indication of salary deltas to other.! Salary is 119,000 per year on average @ strategycase.comwe are always happy to help 57 hour. Business analyst salary the average base salary at Bain & Company can be influenced by the department or organization that! Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, champion... Highest in Switzerland, the Learning curve for Managers is steep Coldfield 84,779! The sky is the employer 's chance to tell you why you should for... Usd 2k and 10k Bain salaries across different positions in 12 countries or! The additional pay consisting of cash bonuses, profit sharing or tips will be variable. The department or organization function that they work in 6389 salaries posted anonymously by Bain bain senior manager salary amp ; Company.. 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Also Report highly competitive salaries for Senior Managers earners $ 50,000 a year, and Warburg Pincus stock commission!: # 505863 ; font-weight:700 ; } How accurate does 138,531 look to you band in San Francisco salary 8! Consulting Resources also Report highly competitive salaries for 2023, along with the other Big consulting! Decided to create a Company I thought would be revolutionary Management consulting bain senior manager salary!