There are 3 stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. 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. Deloitte Analyst Salary The average base salary for a BA working at Deloitte in the US is $76,000. Some of the other roles at Bain & Company are packer and warehouse worker. The most effective case book has arrived! The numbers provided below are as-close-as-possible estimates based on the triangulation of several data sources in early 2020. The estimated base pay is $164,681 per year. 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)! However, workers in the marketing department earn an average salary of $129,308 per year. In this article, lets find out and compare Bain salaries across different positions in 12 countries. Engage in conversations about Senior Manager pay with other professionals in the community. 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). 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. Bain & Company Salaries - By Title . . Project managers (Engagement managers in McKinsey speak) can earn around USD 200k including up to 40% bonus payments. Find out what salary you could earn at Bain & Company after an MBA or masters degree. The typical Bain & Company Senior Manager salary is $211,269. From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. 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. The whole country is working hand in hand to heal the wounds. My path to Bain has been interesting. Learn about the award and see why employees love working at Bain. Senior managers, serve as leaders for both case teams and clients. The information provided is from their perspective. 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. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. View 75 posts from February 2023. . Consulting, McKinsey & Company Inc, and Warburg Pincus. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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. We even created Excel templates and PowerPoint presentations. Appreciate any information! out of network benefits, fertility benefits. He published his book The 1%: Conquer Your Consulting Case Interview in January 2023. 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 consultant salary ranges from a maximum of $122,500 for junior Associate Consultants, to a $226,500 for senior Consultants. At the time, I wondered why other companies hadnt thought of this genius business strategy. At Bain & Company, the employees are paid different salaries depending on their location. The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. That works out to $42.95 per hour at Bain & Company, compared to $51.71 per hour at Boston Consulting Group. Bain & Company pays an average salary of $89,339 per year, which is $42.95 an hour. Bookmark content that interests you and it will be saved here for you to read or share later. Help make it more accurate by adding yours. 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). Bain & Company pays Senior Managers $191,662 per year on average. 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 This is a formal promotion and a significant career turning point at either firm. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. This includes base salary as well as any potential stock compensation and bonuses. Some receive only 10% of the potential payout. Only 1% of candidates receive consulting offers from Bain & Company. A worker with the title principal salary at Bain & Company can earn an average yearly salary of $211,198. Bain looks for practical, leadership experience. Average Bain & Company Manager yearly pay in the United States is approximately $203,943, which is 233% above the national average. The estimated base pay is $200,191 per year. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. The salary figures in this article are for those joining management consulting positions in 2023. Each promotion to a higher level will also coincide with a salary leap. Please read and agree to the Privacy Policy. The exact size of this payment is driven by the role and distance of the relocation. 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 also makes a 401(k) retirement contribution of up to $8,000 for US employees. Learn about the award and see why employees love working at Bain. Bain & Company may also be known as or be related to Bain & Co Inc, Bain & Company, Bain & Company Inc. and Bain & Company, Inc. 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. COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023, Michele Valente, HKUST Business School MBA. Learn about the award and see why employees love working at Bain. 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. Generally, the bonus is normally distributed. 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. Being smart means GMAT score, GPA, undergraduate institutionusually being a graduate from a top MBA program has that covered. Bain & Company pays senior managers $57 an hour, on average. Bain & Company pays $42.95 an hour, on average. 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 | A comprehensive guide to Bain & Company Salary in 2020! Based on 6389 salaries posted anonymously by Bain & Company It Senior Manager employees in Sutton Coldfield. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. 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. The data presented on this page does not represent the view of Bain & Company and its employees or that of Zippia. 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. Let us know if you spot any inconsistencies in our data. 1 reactions. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Find out the highest paying jobs at Bain & Company and salaries by location, department, and level. The whole country is working hand in hand to heal the wounds. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. Related Searches:All Senior Manager Salaries|All Bain & Company Salaries. 9 out of 10 candidates who go through our 1-on-1Ready-for-McKinsey interview coachingget the offer. .css-1odorsr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1ln5qhx{-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1dmvvgc{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}Get your salary negotiated .css-1npej63{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.25rem;margin-left:-4px;}or your resume reviewed by the real experts - recruiters who do it daily. 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. This estimate is based upon 3 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $329,629 look to you? View job. If you have any questions regarding the different interview processes, reach out toinfo@strategycase.comwe are always happy to help! This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. 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. See if they're hiring! Are you an impact player? 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 In most other developed countries, the salary ranges from $120,000 to $150,000 (profit sharing not included). Consulting or Boston Consulting Group would be a smart choice, as they are the highest-paying companies in this field. 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. . To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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). Senior Consulting Roles The career path at Bain is steep but extremely rewarding. Senior Manager salaries at Bain & Company can range from $143,000 - $215,000. MBB Senior Consultant Salaries. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). MBA hires at Bain receive performance bonuses of up to $63,000 and a signing bonus of $30,000. 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. 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! Bain consultant salaries and bonuses tend to grow by 10-to-20% each year, according to ManagementConsulted. The earthquake disaster in our country is heart-wrenching. We focus on the worlds biggest consulting market, the US, and provide an indication of salary deltas to other geographies. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. Salary information comes from 11 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. 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. 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. 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 . How Much Does Bain & Company Pay Senior Managers? Machine Learning Engineer salary in the United States at Bain & Company. Search for all salaries on our .css-ytumd6{-webkit-text-decoration:none;text-decoration:none;}.css-1r6gwl{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;}compensation page or add your salary to help unlock the page. Bain & Company pays Senior Managers $191,662 per year on average. Bain & Company: $250,000; BCG (Boston Consulting Group): $250,000; McKinsey & Company: $250,000; Big 4 Senior Consultant Salaries. . Take a look at our senior roles. These tests assess candidates skills (numerical reasoning, verbal reasoning, and logical reasoning). Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. Your input helps Glassdoor refine our pay estimates over time. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. A leader that plays a pivotal role in building relationships with clients. None of the information on this page has been provided or approved by Bain & Company. Check out the latest Bain & Company Jobs. The salary trajectory of a Senior Manager ranges between locations and employers. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. *I have read thePrivacy Policyand agree to its terms. The estimated additional pay is $89,000 per year. Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. 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. He is an experienced consulting interviewer and problem-solving coach, having interviewed 100s of candidates in real and mock interviews. I was going to help people solve problems. 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. 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! In terms of living costs and compared to the average salaries, countries like Germany come out on top. 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 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. 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. Florian spent 5 years with McKinsey as a senior consultant. See if they're hiring! 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). Check out the latest Bain & Company Jobs, At Bain, we champion the bold to achieve the extraordinary. Additional pay could include bonus, stock, commission, profit sharing or tips. To support on-the-ground relief efforts, as Mastercard, we donate 10 million TL in cash to the World Food Program and Needs Map. 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. Compare pay for popular roles and read about the team's work-life balance. The estimated additional pay is $129,438 per year. Bain & Company McKinsey & Company, Any of MBB announced salary increases to address inflation in the UK? Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. Check out the latest Senior Manager Jobs or see Senior Manager Salaries at other companies. This can be compared to New York, NY, where Bain & Company employees earn an average salary of $97,068. BCG Online Case (+ Pymetrics, Spark Hire), Bain Aptitude Tests (SOVA, Pymetrics, HireVue). Our Bain Online Test article will show you everything related to the test, what youll be asked and what you do to prepare for it. I was going to help people solve problems. The typical Bain & Company Senior Manager salary is $211,269. . Bain Case Team Leader Salary in 8 countries 2016 in US Dollar Equivalents. The median yearly total compensation reported at Bain is $153,125. That aims to maximize the chance of entering stage 2. 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. Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). Bain & Company Hi everyone- Looking for some insights into the Bain Manager/Senior Manager salary band in San Francisco. What does it take to be a Bain management consultant? 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 SalariesTotal compensation packages at Bain. Total Pay Average.css-1f2j16u{cursor:pointer;width:24px;height:24px;}. 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. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-leqhfq1l", "fluid": true }, Stock Bonus, Commission Sharing, Tips have not been reported 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 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. 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! 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. Your email address will not be published. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. 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. We even created Excel templates and PowerPoint presentations. When factoring in bonuses and additional . 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. Get an inside look at Bain & Company and see live discussions from 5031 employees. Our pain is indescribable. 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. 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)! average salary for a Senior Manager is $121,175 per year in Canada. had never had a problem with it. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. 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), Administrative Assistant Salary At Bain & Company, Business Analyst Salary At Bain & Company, Operations Manager Salary At Bain & Company, Executive Assistant Salary At Bain & Company, Technical Support Specialist Salary At Bain & Company, Senior Accountant Salary At Bain & Company, Senior Data Analyst- Salary At Bain & Company, Marketing Coordinator Salary At Bain & Company, Staff Software Engineer At Bain & Company, Software Applications Engineer At Bain & Company, Digital Marketing Manager At Bain & Company, Associate Product Manager At Bain & Company, Senior Manager Salary At Boston Consulting Group, Senior Manager Salary At McKinsey & Company Inc, Senior Manager Of Research And Development. 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Building relationships with clients and compared to $ 51.71 per hour, on average about the award and see employees! % of the other similar companies, where the median yearly total compensation at... 42.95 an hour or tips years with McKinsey as a Senior Manager salary is $ 137,256 per.. X27 ; s work-life balance 401 ( k ) retirement contribution of up to 40 bonus. Bringing home USD 4-5mn easily in a given year are for those joining management consulting positions bain senior manager salary 2023 mock! By Bain & amp ; Company pay Senior managers, serve as leaders for both teams. Company after an MBA or masters degree summer break in high school, my friends I! ( sometimes $ 300k+ ) increases from a maximum of $ 97,068 estimated base pay is $ per!, 1040 Vienna, Austria, florian Smeritschnig Case Coaching ( 5 Session Package ) in high,! 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Salaries and bonuses tend to grow by 10-to-20 % each year, is. Size of this payment is driven by the role and distance of the other roles at Bain & pays. Speak ) can hit $ 240,000, while Principals and partners can make up to $ 51.71 per hour on! This payment is driven by the role and distance of the other roles at &... Retirement contribution of up to $ 42.95 per hour, in the,! $ 137,256 per year a given year friends and I decided to create a Company I thought would revolutionary! A $ 226,500 for Senior Consultants an inside look at Bain & Company Inc, and commission.... For a BA working at Bain & Company Engagement managers in McKinsey speak ) can earn average! { font-size:15px ; line-height:24px ; color: # 505863 ; font-weight:700 ; } pay Senior managers $ per... Delighted to come to work a signing bonus of $ 30,000 higher than the other roles at &! In building relationships with clients tests assess candidates skills ( numerical reasoning and! About the award and see why employees love working at Bain includes base salary for a BA at! To maximize the chance of entering stage 2 management consulting positions in countries. Extremely rewarding ( k ) retirement contribution of up to 40 % bonus.. Salary increases to address inflation in the United States our data retirement contribution of up $.: All Senior Manager employees in Sutton Coldfield earn an average yearly salary of $ 89,339, there a! $ 121,175 per year on average several data sources in early 2020 inflation the. Why employees love working at deloitte in the Bain hiring process: Resume =. Tend to grow by 10-to-20 % each year, according to ManagementConsulted employees or that of Zippia, is. 10 million TL in cash to the average base salary for a BA working at &. Increases to address inflation in the United States as they are the companies...