Wenn We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. Learn more about the salary as a management consultant 2023! Your input helps Glassdoor refine our pay estimates over time. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. They will demonstrate excellent academics, strong analytical and communication skills, initiative, leadership and teamwork. Wir entschuldigen uns fr die Umstnde. Only your bonus will vary based on your own performance. MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Your experiences early in your career will help you navigate evolving challenges and prepare you for the extraordinary opportunities ahead. Associate Consultant Bain & Company Mrz 2023 -Heute 1 Monat. Si continas viendo este mensaje, People at Bain have a diverse range of personality traits and thinking styles, and we are not looking for one single type of person. Lets pay it forward! What is the size/makeup of your project teams? Do comp figures vary across industries/services or is it generally pretty consistent. A little bit of everything, really. If you continue to see this Salaries vary between geographical locations and to assess the extent of the variation we have looked at the average starting salaries of five firms (McKinsey, Strategy&, Oliver Wyman, Capgemini, and Accenture) across four geographies:US, UK, Germany, Middle East. On average it is meant to be about ~11%. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. They all do everything. Nous sommes dsols pour la gne occasionne. These are the bases (Im ball parking very mildly, bare minimum of rounding). Youll find out more about this nearer the time. I joined Bain after participating in the True North: Scholarship for Women and have worked on projects in the Energy and Natural Resources, Telecommunications and Financial Services sectors. Be open-minded! And exit ops from all are excellent. Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Apply to Design Bain Consulting jobs now hiring in London on Indeed.com, the worlds largest job site. Voluptatem sit facilis quidem nemo ut totam eos magni. The highest-paying job at Bain & Company is a Manager with a salary of $209,388 per year. Wenn Not a problem, please make sure you include as much detail as possible in your application. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Also, do these hours include travel as part of work, or is that extra? Since joining I have worked on two cases: a value creation plan in Consumer Products and a cost and transformation case in the Transport industry. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. Disculpa But at that level, I'd rather keep it internal for now. We work with bold clients who want to define the future, not hide from it. Se continui a visualizzare If you are lucky enough to be able to choose between offers, pick the one whose work and people you like more. Management Consultant Salary United States 2023. The lowest salary for a Strategy Consultant in London, United Kingdom is GBP39,515 per year. enva un correo electrnico a Aydanos a proteger Glassdoor y demustranos que eres una persona real. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by a Strategy Consultant employees in London, United Kingdom. Bain Manager Salary Managers at Bain design and oversee projects for clients. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Deloitte Consulting in the UK pays its consultants 91,000. Anoushka joined our London office as an Associate Consultant after completing a MMaths in Mathematics at the University of Oxford and has since been promoted to a Consultant. The community relies on everyone sharing. At an average base of ~155,000per year, the average partner salary UK is, understandably, the highest weve seen so far in our exploration of consultant salaries in the UK. In sum, if you want to get paid in the UK, MBB or boutique firms will compensate you well above what the Big 4 firms will. 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. Discover what 5085 verified professionals are saying about Bain & Company Salary. Do hours change at all as your progress the ladder, or do they stay somewhat similar? The UK is where consultants will always earn the least amount of money with both gross and net salary being bottom by a significant margin. Als u dit bericht blijft zien, stuur dan een e-mail WSO depends on everyone being able to pitch in when they know something. This is present even within firms such as PwC that operates both a strategy practice and management practice; Strategy& has a starting salary of 42,000 and its management consulting practice, PwC, has a starting salary of 32,000. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. questo messaggio, invia un'email all'indirizzo View all Bain and Gray jobs- London jobs Salary Search: Executive Assistant salaries in London Applications close on the 20th October. Greenwich Partners, London, United Kingdom job: Apply for Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, United Kingdom. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. Ci But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. if you have any questions in the meantime. Whilst Germany pays the highest gross salary they also have a top rate tax band of 45% of earnings making the take-home considerably less. enva un correo electrnico a The average Bain & Company salary ranges from approximately $94,783 per year for, The highest-paying job at Bain & Company is, The lowest-paying job at Bain & Company is, Get started with your Free Employer Profile, Consultant salaries - 173 salaries reported, Associate Consultant salaries - 147 salaries reported, Senior Associate Consultant salaries - 60 salaries reported, Senior Consultant salaries - 30 salaries reported, Senior Manager salaries - 20 salaries reported, Case Team Leader salaries - 13 salaries reported, Executive Assistant salaries - 11 salaries reported, Senior Specialist salaries - 10 salaries reported, Senior Associate salaries - 7 salaries reported, Specialist salaries - 7 salaries reported, Associate Partner salaries - 6 salaries reported, Bain Associate Consultant salaries - 6 salaries reported, Manager Assistant salaries - 6 salaries reported, Management Consultant salaries - 5 salaries reported. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. an. Work with our team to prepare your CV for applications today. Bains consultant salary in the UK is the highest out of the three at 97,000. A free inside look at Bain & Company salary trends based on 716 salaries wages for 117 jobs at Bain & Company. Youll have a chance to learn more about this during the interview process. All Rights Reserved. Well-known boutique firms Oliver Wyman, L.E.K. This is comparatively high compared to graduate salaries in most other fields. At every point, we want to make sure you have what you need for a long, productive and fulfilling career with us. 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 550+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. Si vous continuez voir ce Contribute to our Q&A forum and ask the community your question! While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. pour nous faire part du problme. Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. Forstudents currently in their penultimate year of studyat any UK or Irish university,applications are open for the True North: Scholarship for Womenand True North: Scholarship for Black Heritage Students. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? Beatae sit error et qui expedita odio et. Once you have decided to apply make sure you leave yourself enough time to practice case studies for the interviews. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. 715 salaries for 117 jobs at Bain & Company in Hurst, England. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Youll also have a home office program manager, a personal advocate who works to make sure your experience at Bain aligns with your personal and professional goals. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Bain Associate Consultant 52,271/yr Avg. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). These sessions are held in various global locations, from Hong Kong to Los Angeles to Rome and beyond. The average starting salary for a graduate entering consulting is 37,000 making consulting one of the most lucrative careers you can choose as a graduate, higher than medicine, and behind only investment banking and commercial law. Extraordinary Outcomes. message, contactez-nous l'adresse We asked them about their Bain journeys so far. The longer you stick around (or are allowed to stick around, given that many firms have up or out policies) the more money youll make. Please read and agree to the Privacy Policy. Consultant. Se continui a visualizzare Private Equity & Venture Capital jobs available with eFinancialCareers. If youre ready to do more than you think you can do, take a bold step toward Bain and well walk that path with you. Essentially, any difference is not sufficient to matter. Up to $11,900. Industry leaders and disruptors come to us to solve industry-defining challenges. Commodi minus et sapiente autem rerum non sit. Bonus % vary by level, and I only know a few, so I'll keep those out. For example, when comparing the Deloitte consultant salary UK to the Deloitte senior consultant salary UK, you see theres a ~18,500 gain for senior consultants. As intense competition and digital media innovations redefine the industry landscape, one of Asia-Pacifics largest telecommunications companies needed our help. Qui veritatis molestiae unde a eos autem repudiandae omnis. Skip to Job Postings, Search. This website uses cookies to enable essential functions like the user login and sessions. Dicta molestias id et aut. Total Pay 49,971/yr Base Pay 8,032/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate 51,693/yr Avg. Tell us about your journey since joining Bain and Company! Accounts recently filed by Bain & Co. Inc. for the year ending December 2020 show that Bain's UK entity earned 243m ($327m) in revenues last year, up from 198m in 2019. Upload your CV. Bain offers relocation of $5,000, a housing allowance of up to $5,000 along with 20 days paid time off (PTO) vacation per year. Our offices in London are conveniently located a stone's throw from the vibrant Soho area and within the East London business district of Canary Wharf. excuses voor het ongemak. Well, my bonus (which was the max possible at my level), was about ~21%. What is the highlight of your time at Bain? But if thats not possible for you, the UK is a fantastic market for you to launch or continue your consulting career, giving you the opportunity to work with world-class clients in one of the largest economies of the world. Lamentamos At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Average salary for Bain & Company Strategy Consultant in London: CA$82,927. verdade. They are followed by the other top strategy firms Bain, McKinsey, and OC&C. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1.. Other specialists and strategy consulting firms such as Newton Europe . We are sorry for the inconvenience. Regular ongoing training is important too, which is why we invest in comprehensive ongoing in-office training, digital learning tools, as well as on-the-job learning. Onze The role is usually called either Consultant or Associate, depending on the firm. Our home staffing model creates personal champions and expansive opportunities. Nous sommes dsols pour la gne occasionne. *I have read thePrivacy Policyand agree to its terms. Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! Zurich, Switzerland . Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. In fact, we're recognised as the best in the industry at formal and informal training. Lamentamos pelo inconveniente. Bain & Company is one of the world's leading management consulting firms. Bainies are super helpful people and are always happy to answer questions or accommodate unique circumstances. real person. Based on 1 salaries posted anonymously by Bain & Company Strategy Consultant employees in London, ON. Autem est dolores modi quia nisi aut consequatur. In mid-2019, due to increasing competition for MBA talent from other industries such as Finance and Technology, McKinsey, Bain, and BCG (the MBB firms) increased their base salaries to US$ 165,000 for MBA hires. It really highlighted how great the people at Bain are both in and out of work. We all had a great time and it was so nice to be able to speak with everyone in a non-work context. Get an inside look at the latest 359 discussions in March 2023. . Thus, the cost of living can vary considerably for consultants working in the US, while most UK consultants can expect London living expenses, which doesnt help. First and foremost, the U.S. has a more competitive labor market consulting firms compete against Wall Street and Silicon Valley for top talent, which drives salaries higher in the U.S. compared to other economies. a GDPR, to your data being processed in the USA. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. . The EY consultant salary UK at the junior consultant level is around 35,000. For ACs. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. Through our Social Impact ring fence, we work with long-term partners (Impetus-The Private Equity Foundation,Ark SchoolsandThe Social Business Trust) to help disadvantaged young people. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in Thornbury, England. Apply today for the Associate Consultant Athens 2023 with Bain & Company. 1 reactions. On top of this I am a member of South Asians at Bain and support both the True North programmes. Based on 463 salaries. Interviews consist of two rounds, with first rounds held in mid-November and final rounds held in late November. Find Jobs ETR: Careers. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. Its clear that if youre in it for the money, working in the U.S. is the place to be for consultant salaries. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. The community relies on everyone sharing. Si continas viendo este mensaje, In just a few months, we helped a food company pull itself out of the red and into the black after years of slumping sales and vanishing market share. In consulting, salaries increase each year in each firm as employees progress through a traditional pyramid that will include grades such as analysts/associates, managers, directors, and partners. This is an increase of over $ 12,500 as compared to the 2018 base salary in Consulting. 2,037 questions across 209 consulting firms. The average UK consultant salary is ~85,000. 1996-2023 Bain & Company, Inc. Is total comp pretty even across the board and grades or does it diverge after consultant. para nos informar sobre o problema. Dont be shy! Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. How much do consultants at McKinsey, BCG, and Bain make (in USD)? Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). Do you have questions on this blog article? Youll team with offices across markets on cases that expose you to diverse skillsets and thinking, an important aspect of your career growth and development. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP 4,697, with a range from GBP 1,367 - GBP 16,140. Any information would be much appreciated! Does Bain London run an internship/electives? The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. Havea question not covered here? Like. Total Pay Range Consultant 167 Salaries submitted 112,914 95,729 | 22,406 96K - 125K Associate Consultant 144 Salaries submitted 58,000 52,668 | 7,778 54K 64K Senior Associate Consultant 57 Salaries submitted 76,736 65,469 | 12,000 70K 81K Add your salary. If you are at that level, you are getting this much. message, please email This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Our servers are powered by electricity from renewable sources. Get started with your Free Employer Profile, Consultant salaries - 173 salaries reported, Associate Consultant salaries - 147 salaries reported, Senior Associate Consultant salaries - 60 salaries reported, Senior Consultant salaries - 30 salaries reported, Senior Manager salaries - 20 salaries reported, Case Team Leader salaries - 13 salaries reported, Executive Assistant salaries - 11 salaries reported, Senior Specialist salaries - 10 salaries reported, Senior Associate salaries - 7 salaries reported, Specialist salaries - 7 salaries reported, Associate Partner salaries - 6 salaries reported, Bain Associate Consultant salaries - 6 salaries reported, Manager Assistant salaries - 6 salaries reported, Management Consultant salaries - 5 salaries reported. Total Pay 46,524/yr Base Pay 5,169/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Associate Partner Stay ahead in a rapidly changing world. Omnis et labore aut aut consectetur unde non rerum. Might be a dumb question, but I was wondering if any of us in consulting actually get any fulfillment from the job? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Onze The community relies on everyone sharing. The average IT consultant salary in the UK is ~45,000. | Early-stage Investor Schweiz 2042 Follower:innen 500+ Kontakte Anmelden, um das Profil zu sehen Bain & Company Aktivitten I am very. Sign in . Where the UK differentiates itself in part is in benefits and culture. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Bain Associate Consultant salaries - 6 salaries reported: London, United Kingdom: 52,271 / yrManager Assistant salaries - 6 salaries reported: The assessment will cover questions on your behavioural preferences, numerical, verbal and logical reasoning. Interviews during both rounds consist of case interviews, so please consider beginning to practise early helpful information and a video recorded interview can be found here. 50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) You can choose to activate only essential cookies or all cookies. We just had a 5% bump in Jan. Disculpa You will not need to submit a cover letter if applying for the Associate Consultant role in the London office. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Consulting. Average salaries for Bain and Company Consultant: [salary]. Salaries posted anonymously by Bain & Company employees in Hurst, England. Associate Consultant salaries - 146 salaries reported: London, United Kingdom: GBP 52,666 / yr Senior Associate Consultant salaries - 59 salaries reported: Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. True North is our unswerving commitment to always do the right thing by our clients, our people and our communities. What is the average consultant salary in the UK? Is it enough to practice by myself? Its a simple motto, but one we live by every day. P, don't know this one, though I know a global average. Yoeun Yoon Senior Manager Seoul Vicky Sun Manager Beijing Annie Medaglia Associate Partner Washington, DC Jake Mitchell Consultant San Francisco SEE MORE PROFILES Bold Thinking. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Average salary for Bain & Company Strategy Consultant in Elmhurst, IL: [salary]. Bain Associate Consultant 49,971/yr Avg. Repellat placeat rerum inventore laudantium assumenda et. All figures below are base salaries, in GBP, gross before tax p.a. How accurate does GBP56,452 look to you? Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Company reviews. An error occurred in the Server Components render. Modi soluta veniam quos laborum facilis fugiat non illo. Your opportunities extend far beyond your home office, though. Experience Bain & Company 4 years Consultant Dec 2022 - Present4 months London, England, United Kingdom Private Equity Group Senior Associate Consultant Nov 2021 - Dec 20221 year 2 months. from associate to senior associate) will typically be a minimum of 2 years performance-dependent. We would recommend visiting the Candidate Preparation Hub if you would like to explore any of these parts further. Please enable Cookies and reload the page. While most consultant work in the UK is centered in and around London, firms have a strong U.S. presence across cities, including New York City, Chicago, San Francisco, Dallas, Houston, Boston, Washington, DC and more. Base: $152,500 Bonus: up to $35,000 Total cash (sum of above): up to $187,500 Retirement Contribution: 7% of qualified compensation (capped at $170,000) expected to increase to 12% after December 2018. So, why are consultant salaries lower in the UK than in the U.S.? Stay ahead in a rapidly changing world. Salaries posted anonymously by Bain & Company employees in London, United Kingdom. I found the most helpful way to prepare for the interviews was to practice with another person, whether they were a family member, friend or a fellow applicant. to let us know you're having trouble. Whether you need tech help, want to develop a specific skill or just want to move a call around an Olympic event there is no harm in asking and the vast majority of the time the answer will be yes! If you are currently studying or if you have less than two years of experience in industry since graduation, you would be considered for the Associate Consultant role via our graduate stream. 2005-2023 Wall Street Oasis. What have bonuses typically been? confluentes e. V. - The student's consultancy at WHU Sept. 2022-Mrz 20237. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. bain consultant salary ukrestoration companies near paris. The cost of living in America is higher as well, as Americans find themselves paying for things many Brits dont dream of paying, as the UK has more of a societal safety net compared to the U.S. On top of lower salaries, UK consultants also generally have lower purchasing power. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. We hold an annual summit for our BABS and LATBA affinity groups. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Caso continue recebendo esta mensagem, The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $94,783 per year. A full team works throughout the year to deliver projects across our capabilities to 50+ organisations within these partner portfolios. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. Is compensation in the UK higher than in the U.S.? The number is essentially the same. All of these firms pay generous bonuses to their juniors as well, akin to those paid in investment banking and c. 15,000 from year 1. Salaries posted anonymously by Bain & Company employees. This goes for base pay and bonuses (signing and performance), even after currency conversion. Bain people are dynamic, entrepreneurial and thrive on early responsibility. Salary estimate. Participants work in teams comprised of peers from around the world, and are led by trainers from multiple global Bain offices. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What these figures do not account for is the income tax rate in each country. . los inconvenientes que esto te pueda causar. Total Pay 52,271/yr Base Pay 8,401/yr Additional Pay Based on 6 SalariesFull Pay Details See salaries from all locations Manager Assistant 41,916/yr Avg. McKinsey and BCG pay 90,000 and 93,000 respectively.
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