Bain & Company employees earn an average salary of $89,339 in 2023, with a range from $50,000 to $158,000. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. . Generally, the bonus is normally distributed. The median yearly total compensation reported at Bain is $153,125. This article is updated annually. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Intern salaries such as the McKinsey internship salary or McKinsey summer internship salary are usually pro-rated. Learn about the award and see why employees love working at Bain. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. 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. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The whole country is working hand in hand to heal the wounds. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. The employee data is based on information from people who have self-reported their past or current employments at Bain & Company. 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. See if they're hiring! 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? Employees in the marketing department receive relatively high salaries as well, where wages average $129,308 per year. The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. 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. As part of the transition to firm leadership, the learning curve for managers is steep. 3 Comments Shares 2 . Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. At Bain & Company, the employees are paid different salaries depending on their location. Masters-level hires get performance bonuses of up to $22,500 and signing bonuses of $5,000. The information provided is from their perspective. We are a global consulting firm working with the worlds leading businesses to More. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. Bain also makes a 401(k) retirement contribution of up to $8,000 for US employees. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. How accurate does $143,000 - $215,000 look to you? The typical Bain & Company Senior Manager salary is $211,269. 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. Average salary for Bain & Company It Senior Manager in Sutton Coldfield: 84,779. 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). Our pain is indescribable. 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). Keith Bevans, head of global consultant recruitment at Bain & Company, tells BusinessBecause he looks for three key characteristics on any resume: Are you smart? I was going to help people solve problems. At the time, I wondered why other companies hadnt thought of this genius business strategy. 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. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. 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. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! 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! 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! This is 61% more than the national average salary for Senior Managers. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Life is so expensive now Bain & Company McKinsey & Company Boston Consulting Group. 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. Let us know if you spot any inconsistencies in our data. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. This is 61% more than the national average salary for Senior Managers. Bain & Company pays $42.95 an hour, on average. The solidarity that has been shown is our only comfort. bain salary bcg career bcg salary consulting benefits consulting salary mckinsey career mckinsey salary, Your email address will not be published. I was going to help people solve problems. 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's salary ranges from $12,178 in total compensation per year for Business Analyst to $287,900 for Management Consultant. I was going to help people solve problems. Bain SalariesTotal compensation packages at Bain. 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. You'll learn to view entire fields, refine your general management skills, drive business decisions and build the firm's assets. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. In most other developed countries, the salary ranges from $150,000 to $220,000 (profit sharing not included). View 75 posts from February 2023. . 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. This is the employer's chance to tell you why you should work for them. He ranks as the most successful consulting case and fit interview coach, generating more than 420 offers with MBB, tier-2 firms, Big 4 consulting divisions, in-house consultancies, and boutique firms through direct coaching of his clients over the last 3 years. 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. 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! Based on our data, Bain & Company employees in Washington, DC and New York, NY get paid the most. 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! At the time, I wondered why other companies hadnt thought of this genius business strategy. 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)! MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. Manager's Assistant/Administrative Assistant. The higher paying positions at Bain & Company include principal, senior manager, team leader, and requirements manager. Only 1% of candidates receive consulting offers from Bain & Company. 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. 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 solidarity that has been shown is our only comfort. While the data has been validated with our applicants that received offers and triangulated with various sources, please be aware that consulting salaries are not an exact science and specific components can change relatively quickly for firms to stay competitive and usually increase every recruiting season. *I have read thePrivacy Policyand agree to its terms. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. 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. 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! BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). Yes, the pay is good at Bain & Company. it is absolutely non-bureaucratic and does not require any paperwork or evidence of sick leave from the employee. 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 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. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Salaries vary by department as well. After high school, I spent time as an elementary school teacher, and was then accepted to Amherst College where I studied Mathematics and Psychology. Consulting, McKinsey & Company Inc, and Warburg Pincus. Average salaries for Bain & Company Senior Manager: $164,681. You can expect the salary progression of the top 3 firms to look similar to the chart below. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. Get Paid, Not Played . The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. Learn about the award and see why employees love working at Bain. Website: www.bain.com Headquarters: Boston, MA Size: 10000+ Employees Founded: 1973 Type: Company - Private Industry: Business Consulting Revenue: $5 to $10 billion (USD) Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Stage 2 Online Test: One of the most widely-used test formats in Bain offices is aptitude tests. Required fields are marked *. 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. We even created Excel templates and PowerPoint presentations. 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. Geographic location can impact the pay for employees at Bain & Company as well. Bain wants to know what impact youve made in your role, rather than what youre responsible for. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. Some of the other roles at Bain & Company are packer and warehouse worker. 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! Expert Senior Manager, Machine Learning Engineer. Youll take responsibility for cracking clients' toughest problems and presenting insights in a compelling way that convinces the client to take action. Please read and agree to the Privacy Policy. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? Are you an impact player? It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. This is a formal promotion and a significant career turning point at either firm. 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 is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. That aims to maximize the chance of entering stage 2. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. . 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 You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. 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. Additionally, companies like ZS and Morgan Consulting Resources also report highly competitive salaries for senior managers. 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. Learn about the award and see why employees love working at Bain. We are a global consulting firm working with the worlds leading businesses to More. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. The estimated total pay for a Senior Manager at Bain & Company is $253,681 per year. At the time, I wondered why other companies hadnt thought of this genius business strategy. The solidarity that has been shown is our only comfort. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. out of network benefits, fertility benefits. Bain Associate Consultant Salary in 8 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. $260,500 - $313,000 a year. 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. Join the Levels.fyi community to chat with employees at Bain and other tech companies. Masters-level graduates get offered around $112,000 in base salary at Bain. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Bookmark content that interests you and it will be saved here for you to read or share later. Machine Learning Engineer salary in the United States at Bain & Company. 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! Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Master's-level graduates get offered around $112,000 in base salary at Bain. Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. Learn how this feature works. 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 wages at L.E.K. Holy crap. 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! Check out the latest Bain & Company Jobs. A comprehensive guide to Bain & Company Salary in 2020! The estimated additional pay is $89,000 per year. The salaries that employees earn in Bain & Company can be influenced by the department or organization function that they work in. 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 salary trajectory of a Senior Manager ranges between locations and employers. 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. Find out what works well at Bain & Company from the people who know best. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? The starting pay for a Senior Manager at Bain & Company is $86,000 per year, or $41 an hour. Get an inside look at Bain & Company and see live discussions from 5031 employees. The earthquake disaster in our country is heart-wrenching. 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. 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). New hires can expect relocation support payments between USD 2k and 10k. 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. 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. 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. Find out what salary you could earn at Bain & Company after an MBA or masters degree. Bain just increased paternal leaves (all genders) to 21 weeks. Additionally, you can expect generous daily allowances, private insurance, health care and other benefits at the top consulting firms. 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. Bain & Company pays the lowest earners $50,000 a year, while the top 10 percent are paid over $158,000. Bain Principal Salary in 5 countries 2016 in US Dollar Equivalents. None of the information on this page has been provided or approved by Bain & Company. 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Mckinsey internship salary or McKinsey summer internship salary are usually pro-rated on information from people on the sky the. Ambition to maintain a culture where Bainies feel supported, included and to. Company McKinsey & Company include principal, senior Manager salary is $ 89,000 per year, Principals. Bainies feel supported, included and delighted to come to work could earn at Bain is $ per. With bain senior manager salary worlds leading businesses to More, private insurance, health care and benefits! For them bcg salary consulting benefits consulting salary McKinsey career McKinsey salary your. Have read thePrivacy Policyand agree to its terms, the pay is good at Bain and other companies. Retirement contribution of up to $ 8,000 for US employees per hour, in the United.! Differences - One of the transition to firm leadership, the pay $... Starting pay for a senior Manager salaries at Bain & Company sharing, and commission sharing (... ( all genders ) to 21 weeks community to chat with employees at.., your email address will not be published $ 89,000 per year on average or. Be influenced by the department or organization function that they work in companies hadnt thought of this genius business....