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Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. Well, my bonus (which was the max possible at my level), was about ~21%. Stay ahead in a rapidly changing world. We would recommend visiting the Candidate Preparation Hub if you would like to explore any of these parts further. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Rachel joined our London office as an Associate Consultant after completing a Bachelors in Chemical & Bioprocess Engineering at University College Dublin. What these figures do not account for is the income tax rate in each country. Bain & Company is one of the world's leading management consulting firms, working with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. Our servers are powered by electricity from renewable sources. 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. Learn more about the salary as a management consultant 2023! Gerald joined our London office as an Associate Consultant after completing a BSc in Economics at the University of Birmingham. At BCG in the United Kingdom, we offer our employees a unique platform for personal growth and a great foundation for building a rewarding career in consulting and beyond. 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. Consulting, and OC&C Strategy Consultants all pay north of 45,000 at the entry-level Analyst position in the UK (more numbers. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. Recent projects cover all of our focus areas and include organisations as diverse as theUNHCRto local food bank charities. Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Attend career talks that spark your interest even if they are not directly linked to your area of study. real person. Please read and agree to the Privacy Policy. If you need more information please view the individual settings. Your experiences early in your career will help you navigate evolving challenges and prepare you for the extraordinary opportunities ahead. Associate Consultant Bain & Company Dec 2022 - Present4 months Article Trainee KNAV Sep 2019 - Sep 20223 years 1 month Mumbai Education The Institute of Chartered Accountants of India - 2018 -. Debitis voluptates voluptatem doloribus. What is the size/makeup of your project teams? om ons te informeren over dit probleem. message, contactez-nous l'adresse 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. Please enable Cookies and reload the page. We worked with TelecomCo to design and implement a bold multichannel strategy for sustained growth that repositions the company as a nimble market leader. Repellendus ullam accusantium velit et asperiores. What would be your top tip to final year students? Thank you for the insight, really appreciate it - on a side note, out of MBB how does comp at Bain compare to Mckinsey and BCG. The lowest-paying job at Bain & Company is an Associate Consultant with a salary of $94,783 per year. naar You can always change your preference in the, 2. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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. questo messaggio, invia un'email all'indirizzo 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. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by a Strategy Consultant employees in London, United Kingdom. Check out some highlights from the 2019 summit in Atlanta. For ACs. Is it enough to practice by myself? We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Sarina Schefer und Jobs bei hnlichen Unternehmen erfahren. All figures below are base salaries, in GBP, gross before tax p.a. enva un correo electrnico a Consulting. om ons te informeren over dit probleem. The average salary for Strategy Consultant is GBP56,452 per year in the London, United Kingdom. Might be a dumb question, but I was wondering if any of us in consulting actually get any fulfillment from the job? 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. But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. At every point, we want to make sure you have what you need for a long, productive and fulfilling career with us. Find Jobs ETR: Careers. ein Mensch und keine Maschine sind. The UK Consultant salary at MBB firms ranges from 90,000-97,000. naar Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de 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. On top of this I am a member of South Asians at Bain and support both the True North programmes. Bain people are dynamic, entrepreneurial and thrive on early responsibility. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. Omnis et labore aut aut consectetur unde non rerum. With a strong support system, global experience and opportunities to work with diverse teams, youll develop broad expertise that helps you prepare for whats next, wherever that takes you. Caso continue recebendo esta mensagem, Consulting is competitive, but fundamentally Bain is looking for smart and interesting people. What should I do if my high school grades aren't from the UK? Bain & Company 99.4% McKinsey and Co 98.9% Boston Consulting Group (BCG) 98.3% Oliver Wyman 97.7% Strategy& 97.2% Partner (4) $368 Principal (25) $277 Director/MD (52) $265 Vice President (45) $244 Engagement Manager (90) $222 Manager (147) $168 2nd Year Associate (147) $141 3rd+ Year Associate (104) $130 Senior Consultant (313) $129 Deloitte Consulting in the UK pays its consultants 91,000. The average Bain & Company salary ranges from approximately $94,783 per year for an Associate Consultant to $209,388 per year for a Manager. Picture yourself at one of the world's best places to work, surrounded by teams and people who challenge you, support you, and inspire you to be extraordinary. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. But you wont do it alone. ), leading to burnout and retention issues. All Rights Reserved. The average salary for a Strategy Consultant is GBP56,452 per year in London, United Kingdom. Beyond the cultural differences between the U.S. and the UK, an important contrast is salary. The community relies on everyone sharing. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. 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. The average IT consultant salary in the UK is ~45,000. Bain & Company London, England, United Kingdom Join or sign in to find your next job Join to apply for the Specialist, Consulting Programs role at Bain & Company Email Password (8+. The Big Three management consulting firmsMcKinsey, Bain, and the Boston Consulting Groupare increasing starting salaries for MBA consultants by $15-to-$17,000 in 2023, according to a new report. excuses voor het ongemak. Discover what 5085 verified professionals are saying about Bain & Company Salary. Sign in . per informarci del problema. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. | Early-stage Investor Schweiz 2042 Follower:innen 500+ Kontakte Anmelden, um das Profil zu sehen Bain & Company Aktivitten I am very. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. message, please email Ci The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. 4 Contract Data Management Architect jobs in Brentford on CWJobs. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Youll have a chance to learn more about this during the interview process. If you continue to see this . We bring the full force of our talent, expertise and energy to build a more equitable, sustainable future for all. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. 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. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Unfortunately, our London office does not offer internships/electives. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. per informarci del problema. What makes us number one on Glassdoors Best Places to Work? Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. The founders of Birchbox, Pencils of Promise, Warby Parker, Riot Games and Milli Millu talk about their Bain experiences. Based on 1 salaries posted anonymously by Bain & Company Strategy Consultant employees in London, ON. Bonus % vary by level, and I only know a few, so I'll keep those out. Bain & Company 3 years 8 months Consultant Mar 2023 - Present1 month Denver, Colorado, United States Senior Associate Consultant Jun 2022 - Mar 202310 months Denver, Colorado, United States -. 50,000+ (22) 55,000+ (15) 60,000+ (13) 65,000+ (11) 75,000+ (5) Nihil nostrum hic quia aut. Signing bonus: $25,000. Since joining Bain in March, I have been working on a single project within the advanced manufacturing space helping to accelerate the delivery of one of the clients key programs. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Passionate, diverse and ready to be your guide. As a member of our global management consulting firm, you'll have opportunities to advise some of the world's most prominent organisations from business and the public and not-for-profit sectors, either joining as a generalist consultant or working for one of our practices. McKinsey and BCG pay 90,000 and 93,000 respectively. But I don't have visibility on those yet. Salaries posted anonymously by Bain & Company employees. 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. Like. envie um e-mail para McKinsey and BCG pay 90,000 and 93,000 respectively. To be considered, please apply via our online portal on or before the deadline. Consultant @ Bain | MBA (CEIBS), Attorney-at-law, LL.M. Does Mckinsey still in general have higher bases with lower bonuses? They all do everything. Well-known boutique firms Oliver Wyman, L.E.K. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Bookmark content that interests you and it will be saved here for you to read or share later. Average salaries for Bain and Company Consultant: [salary]. The highest salary for a Strategy Consultant in London, United Kingdom is GBP80,649 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. We work with top executives to help them make better decisions, convert those decisions to actions and deliver the sustainable success they desire. If you continue to see this Give yourself enough time to prepare for the interviews! We hire people with exceptional talents, abilities and potential, then create an environment where you can bring your whole self to work. Dicta molestias id et aut. We will use our global office network to ensure we have a full picture of international grades in order to assess your application. Please reach out to UniversityHiring.London@Bain.com if you have any questions in the meantime. Based on 82 salaries . 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. Master's-level graduates get offered around $112,000 in base salary at Bain. As intense competition and digital media innovations redefine the industry landscape, one of Asia-Pacifics largest telecommunications companies needed our help. 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. Modi soluta veniam quos laborum facilis fugiat non illo. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Bain & Company Salaries trends. Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in Thornbury, England. Wenn Se continui a visualizzare Nous sommes dsols pour la gne occasionne. We work with bold clients who want to define the future, not hide from it. Audience: All students Location: Statler 185 Learn More Mar 06 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. This is comparatively high compared to graduate salaries in most other fields. Does Bain London run an internship/electives? Lamentamos On average it is meant to be about ~11%. 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. 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. Salaries posted anonymously by Bain & Company employees in London, United Kingdom. Greenwich Partners, London, Vereinigtes Knigreich Job: Bewerben Sie sich fr Investment associates x 2 , European Private Equity Fund - MBA level Strategy Consultants sought from firms like McKinsey, Bain and BCG in Greenwich Partners, London, Vereinigtes Knigreich. People at Bain have a diverse range of personality traits and thinking styles, and we are not looking for one single type of person. enviando un correo electrnico a The community relies on everyone sharing. Keith Bevans, partner and global head of consultant recruiting, dives deeper into the stories of some extraordinary Bain people, from their perspectives. Consultant. How to Become a Management Consultant in 5 Steps, A comprehensive list of possible employers. or Want to Sign up with your social account? 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. Each grade promotion is worth an approximate 20-30% increase in salary. The specific message is omitted in production builds to avoid leaking sensitive details. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. We believe our home office model achieves the best results for our people, culture and clients. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. Contribute Manager Generally in the 10-30% range? I also enjoy participating in the offices DE&I efforts helping create Londons DE&I internal website and developing our 6 Step Challenge a combination of learning materials, discussion points and calls to action to support self-education and team discussions on race, equity and social justice. 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. Average from there goes up to ~20-30%, with much larger figures for SM/AP. Company reviews. Salary progression for consultants in the UK is not unlike the progression anywhere else in the world. 1996-2023 Bain & Company, Inc. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. What is the best thing youve learnt at Bain so far? Our trainers aren't outsourced from other companies. Participants work in teams comprised of peers from around the world, and are led by trainers from multiple global Bain offices. *I have read thePrivacy Policyand agree to its terms. Wenn In fact, we're recognised as the best in the industry at formal and informal training. Couldn't find much information on the salary/bonuses for Bain & Company London at each grade. para nos informar sobre o problema. We asked them about their Bain journeys so far. And exit ops from all are excellent. to let us know you're having trouble. 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 At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 49,500. Your input helps Glassdoor refine our pay estimates over time. 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. Maiores ut minima sunt molestiae nisi. Is total comp pretty even across the board and grades or does it diverge after consultant. Stay ahead in a rapidly changing world. Bain's consultant salary in the UK is the highest out of the three at 97,000. We hold an annual summit for our BABS and LATBA affinity groups. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. message, contactez-nous l'adresse Associate Consultant. The US pays its graduates the second-highest rate with a salary of $77,000 surprisingly paying a significant $13,000 more than the Middle East which has a reputation for paying high wages. an. Entdecken Personen E-Learning . Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. Bain & Company Salary (2020) | MConsultingPrep Oops, there is an error! True North is our unswerving commitment to always do the right thing by our clients, our people and our communities. Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. Contact us atGraduateRecruiting.London@Bain.com. Youll be surrounded by people who challenge, support and inspire youpersonally and professionally. Consultants from around the world come to Dubai for Experienced Consultant Training. Si continas viendo este mensaje, Subscribe to Bain Insights, our monthly look at the critical issues facing global businesses. Quam est qui non debitis. Als u dit bericht blijft zien, stuur dan een e-mail 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. Besides, if you do get in, you'd find out within a year or two, and then you can make your decision whether to gun for it or not. envie um e-mail para Autem est dolores modi quia nisi aut consequatur. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. Also, do these hours include travel as part of work, or is that extra? *I have read thePrivacy Policyand agree to its terms. Please help us protect Glassdoor by verifying that you're a 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. We will be holding a number of events on campus and virtually this year you can find out about all the events were hosting here. Bain people are dynamic, entrepreneurial and thrive on early responsibility. At the same time, the scope, scale and diversity of our cases will help accelerate your career. los inconvenientes que esto te pueda causar. There is a clear divide between the starting salaries of strategy consultants and management consultants with a pay gap of around 10,000. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. The full list of Bain offices that offer internships can be found here. . 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! Further is a service mark of Bain & Company, Inc. Find your next Contract Data Management Architect job in Brentford and apply today. 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. 715 salaries for 117 jobs at Bain & Company in Hurst, England. 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. pour nous faire part du problme. ramona car accident sunday; mountain meadows subdivision Do hours change at all as your progress the ladder, or do they stay somewhat similar? Are Bain & Company holding any events at my university this year. para nos informar sobre o problema. Crowdsourced from over 600,000 members. The turnaround recipe blended a renewed commitment to core and hero brands with comprehensive, cross-functional brand planning. Other top boutiques will generally pay between 80,000-90,000. Wir entschuldigen uns fr die Umstnde. bain consultant salary uk. Bain Associate Consultant salaries - 6 salaries reported: London, United Kingdom: 52,271 / yrManager Assistant salaries - 6 salaries reported: Work with our team to prepare your CV for applications today. A few of the programs we offer to give you added flexibility and options: Externships: Four to six-month externships at an organization of your choice related to your professional goals, Global transfers: Temporary and permanent relocation opportunities to work in other offices around the world, Parental leave: Generous parental leave coverage in every region for your most important transition, "Take Two": Extended breaks that allow eligible Bainies to take two months off to rejuvenate and/or fulfill personal goals, Leaves of absence: Longer sabbaticals and leaves of absence for times when life pulls you in different directions, Flextime: Part-time and job-sharing options for times when family or personal needs take priority. 9 Comments Share 1 . 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. A digest property is included on this error instance which may provide additional details about the nature of the error. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. Network Design ConsultantJob Req ID: 11337Posting Date: 16-Feb-2023Function: Architecture Solution and DesignLocation:Alexander Bain House, Glasgow, United KingdomSalary: Competitive + Excellent BenefitsAbout EnterpriseEnterprise is the UK B2B division of BT Group, and we mean business for 1.2 million business and public sector customers. What is the average consultant salary in the UK? Find your next Contract Data Modeller job in Cold Harbour, Rainham and apply today. 300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.