Germany leads the way paying salaries 23% higher than anywhere else and almost double the lowest paying country, the UK. The average Bain & Company hourly pay ranges from approximately $19 per hour for a Receptionist to $117 per hour for a Consultant. Investment associates x 2 , European Private Equity Fund - MBA level Bain & Company Salary discussions | Salaries, Interviews, Culture and Jobs. 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. But at that level, I'd rather keep it internal for now. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Please help us protect Glassdoor by verifying that you're a Are Bain & Company holding any events at my university this year. Deloitte Consulting in the UK pays its consultants 91,000. 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. We hire people with exceptional talents, abilities and potential, then create an environment where you can bring your whole self to work. Find more details in our comprehensive consulting salaries report. 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. Up to $11,900. 171 salaries. We believe our home office model achieves the best results for our people, culture and clients. per informarci del problema. What is the best thing youve learnt at Bain so far? Please ensure that all sections of the online assessment are completed by midday, 25th October (BST). 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. A carmaker enlisted our help to develop and roll out a new strategy for building and stocking its vehicles. Bain & Company is one of the world's leading management consulting firms. Americans, on average, work more hours with less time off than their UK counterparts. Ranges for bases are similar for comparable positions, but they have fewer levels than we do. Bain & Company Management Consultant Salaries in Maldon, England Bain and Company Consultant Salaries | Glassdoor Do hours change at all as your progress the ladder, or do they stay somewhat similar? There is a clear divide between the starting salaries of strategy consultants and management consultants with a pay gap of around 10,000. Here are the relevant details for the 2017 recruiting class. 147 salaries. 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. We also use cookies and third-party tools to improve your surfing experience on preplounge.com. Si continas viendo este mensaje, 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. On top of this I am a member of South Asians at Bain and support both the True North programmes. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Si continas viendo este mensaje, per informarci del problema. Office: Washington, D.C. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Salaries estimates are based on 270 salaries submitted anonymously to Glassdoor by Strategy Consultant employees in the London, United Kingdom. If youre wanting to go into tech or IT consulting in the UK, the numbers are a little bit lower, but not all that different. Please reach out to [email protected] if you have any questions in the meantime. Outside cases, I have assisted 2021 True North: Scholarship for Women attendees with preparation for the Associate Consultant case interviews both through buddying with attendees and running a practice session during the workshop. MBA or experienced hires can expect to join at a more senior level and at approximately double the starting salary of an undergraduate. Disculpa As for comparison vs other MBB here. Youll develop broad expertise across industries and business challenges, allowing you to explore different areas of interest to pursue as you advance. Sorry, you need to login or sign up in order to vote. Skip to Job Postings, Search. Contribute Manager Nihil nostrum hic quia aut. a GDPR, to your data being processed in the USA. Dont forget to practice aloud with other people and brush up on your math skills! On average it is meant to be about ~11%. Se continui a visualizzare . Consultant @ Bain | MBA (CEIBS), Attorney-at-law, LL.M. verdade. Salaries posted anonymously by Bain & Company employees in London, United Kingdom. And find the best graduate job opportunities on Bright Network. Jobs; Companies; . Bain and Company salary trends based on salaries posted anonymously by Bain and Company employees. Average salary for Bain & Company Strategy Consultant in London: CA$82,927. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Average from there goes up to ~20-30%, with much larger figures for SM/AP. 2022 Diversity, Equity, and Inclusion Report, True North: Scholarship for Black Heritage Students page, Read the London 2021 Social Impact Report. Where the UK differentiates itself in part is in benefits and culture. bain consultant salary uk 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. Bain & Company Consultant Jobs in London | Indeed.com 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). The role is usually called either Consultant or Associate, depending on the firm. Find your next Contract Data Management Architect job in Brentford and apply today. 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. We will use our global office network to ensure we have a full picture of international grades in order to assess your application. Your input helps Glassdoor refine our pay estimates over time. Might be a dumb question, but I was wondering if any of us in consulting actually get any fulfillment from the job? Bain & Company Consulting Salaries in Lisbon, Lisbon District How much does a Strategy Consultant in London, United Kingdom make. We are sorry for the inconvenience. For ACs. How accurate does GBP56,452 look to you? Please enable Cookies and reload the page. These are the bases (Im ball parking very mildly, bare minimum of rounding). 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. Bain & Company Salaries trends. The highest-paying job at Bain & Company is a Manager with a salary of $209,388 per year. At the post-MBA level folks with an MBA, PhD, or ~7+ years work experience that jumps up quite a bit to ~85,000. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Wir entschuldigen uns fr die Umstnde. Consulting Salary 2020: How much a Consultant earns post-MBA? - e-GMAT Se continui a visualizzare from associate to senior associate) will typically be a minimum of 2 years performance-dependent. Bain Associate Consultant 52,271/yr Avg. The average Bain & Company salary ranges from approximately $95,000 per year for an Associate Consultant to $250,000 per year for a Senior Manager. 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. These sessions are held in various global locations, from Hong Kong to Los Angeles to Rome and beyond. 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. Caso continue recebendo esta mensagem, Lets start with your home team. 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. OneDay @BCG Learn more If your background is unorthodox, feel confident in knowing that Bain values it. How should I prepare for the online assessment? But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. . Further is a service mark of Bain & Company, Inc. Ben Caine - Consultant - Bain & Company | LinkedIn WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. In this article, well take a deeper look at that and compensation expectations in consulting by position. Bain & Company Salaries trends. Average salary for Bain & Company Management Consultant in Maldon, England: [salary]. Bain & Company Salary (2020) | MConsultingPrep Debitis voluptates voluptatem doloribus. Your experiences early in your career will help you navigate evolving challenges and prepare you for the extraordinary opportunities ahead. *I have read thePrivacy Policyand agree to its terms. Please could anyone add any salary or bonus information for the below roles (ball park figures are fine too): Associate Consultant (straight out of uni), Associate Consultant (experienced hire 2+ yoe). Salaries posted anonymously by Bain & Company employees. Check out some highlights from the 2019 summit in Atlanta. Generally in the 10-30% range? Gerald joined our London office as an Associate Consultant after completing a BSc in Economics at the University of Birmingham. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Sign In. Bain Associate Consultant 49,971/yr Avg. Youll work with office colleagues on multiple cases, allowing you to develop close relationships with peers and case leaders you can turn to throughout your career. Voluptatem sit facilis quidem nemo ut totam eos magni. Tempore blanditiis suscipit dolorem a reiciendis magni ea sed. In fact, we're recognised as the best in the industry at formal and informal training. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Si vous continuez voir ce 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 . Si continas recibiendo este mensaje, infrmanos del problema or Want to Sign up with your social account? Once you have decided to apply make sure you leave yourself enough time to practice case studies for the interviews. para informarnos de que tienes problemas. The average Bain & Company salary ranges from approximately $38,943 per year for a Receptionist to $527,574 per year for a Partner. The highest-paying job at Bain & Company is a Senior Manager with a salary of $250,000 per year. If you are lucky enough to be able to choose between offers, pick the one whose work and people you like more. These industry-wide trends make jumping across the pond less likely for U.S.-based consultants, and more likely for UK-based consultants. 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. Get to know the top consulting firms to work for! After you apply, you will receive a link to an online assessment which must be completed by midday 25th October (BST). Below, well explore UK consulting salary data for different roles and companies. Learn more about the salary as a management consultant 2023! 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. If you continue to see this Nous sommes dsols pour la gne occasionne. Bain & Company Salaries in London | Glassdoor The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Bain & Company Salary Info - London | Wall Street Oasis Thanks for the valuable information! Based on 82 salaries . Nous sommes dsols pour la gne occasionne. Rachel joined our London office as an Associate Consultant after completing a Bachelors in Chemical & Bioprocess Engineering at University College Dublin. The community relies on everyone sharing. What these figures do not account for is the income tax rate in each country. Discover what 5085 verified professionals are saying about Bain & Company Salary. We solve transformative challenges by working alongside our clients as one team with a shared ambitionhelp them outperform their competition and redefine their industries. Bain Consultant Salary | The Consulting Industry & Prep Experts All Rights Reserved. Meet Shah - Associate Consultant - Bain & Company | LinkedIn The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Do comp figures vary across industries/services or is it generally pretty consistent. Passionate, diverse and ready to be your guide. Consulting. Qui veritatis molestiae unde a eos autem repudiandae omnis. 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 -. If you can challenge yourself to be exceptional, and champion that spirit in others, youll fit right in. Audience: All students Location: Statler 185 Learn More Mar 06 Bain people are dynamic, entrepreneurial and thrive on early responsibility. Based on 4 salaries posted anonymously by Bain & Company Strategy Consultant employees in Elmhurst, IL. message, please email Applications close on the 20th October. *I have read thePrivacy Policyand agree to its terms. At MBB firms in the UK (Bain, McKinsey, and BCG), analyst salaries hover around 49,500. Do you have questions on this blog article? Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. 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. Onze Consultants from around the world come to Dubai for Experienced Consultant Training. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. We are looking for Bachelors, Masters (non-MBA) and PhD students from any discipline (or university) to join us as Associate Consultants. We are proud to be featured on The Times list of Top 50 Employers for Women in the UK. Give yourself enough time to prepare for the interviews! Based on 6 salaries posted anonymously by Bain & Company Management Consultant employees in Maldon, England. Youll work on integrated teams and collaborate with a network of digital innovators to deliver better, faster and more enduring results. In addition, American work culture generally runs at a faster pace than UK work environments (burn the candle at both ends, anyone? Management Consultant Salary UK 2023| PrepLounge.com Attend career talks that spark your interest even if they are not directly linked to your area of study. The UK Consultant salary at MBB firms ranges from 90,000-97,000. to let us know you're having trouble. 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. What have bonuses typically been? The average IT consultant salary in the UK is ~45,000. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. BCG offers relocation expenses up to $8,000, profit-sharing of up to $4,400 and 15 days a year PTO. McKinsey and BCG pay 90,000 and 93,000 respectively. Master's-level graduates get offered around $112,000 in base salary at Bain. Cupiditate sed velit laborum quia. Marleen F. - Associate Consultant - Bain & Company | LinkedIn The founders of Birchbox, Pencils of Promise, Warby Parker, Riot Games and Milli Millu talk about their Bain experiences. We hold an annual summit for our BABS and LATBA affinity groups. Lets pay it forward! Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. This is comparatively high compared to graduate salaries in most other fields. Does Bain London run an internship/electives? But the bottom line is that consulting salaries in the UK lag U.S. salaries in a significant way. Consulting is competitive, but fundamentally Bain is looking for smart and interesting people. The community relies on everyone sharing. When you pit the EY consultant salary UK to the EY senior consultant salary UK, there is an approximate difference of 12,000. As intense competition and digital media innovations redefine the industry landscape, one of Asia-Pacifics largest telecommunications companies needed our help. Those include small team events (e.g. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. confluentes e. V. - The student's consultancy at WHU Sept. 2022-Mrz 20237. The community relies on everyone sharing. Salaries posted anonymously by Bain & Company employees in London, United Kingdom. This is an increase of over $ 12,500 as compared to the 2018 base salary in Consulting. What makes us number one on Glassdoors Best Places to Work? 73% of these revenues were spent on pay. 710 salaries for 115 jobs at Bain & Company in London, United Kingdom. Wir entschuldigen uns fr die Umstnde. Als u dit bericht blijft zien, stuur dan een e-mail Our servers are powered by electricity from renewable sources. Crowdsourced from over 600,000 members. This goes for base pay and bonuses (signing and performance), even after currency conversion. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We offer comprehensive, individualised training to ensure you have the tools you need to succeed at Bain and beyond. naar 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. Based on 463 salaries. People at Bain have a diverse range of personality traits and thinking styles, and we are not looking for one single type of person. The average additional cash compensation for a Strategy Consultant in the London, United Kingdom is GBP4,697, with a range from GBP1,367 - GBP16,140. Keith Bevans, partner and global head of consultant recruiting, dives deeper into the stories of some extraordinary Bain people, from their perspectives. Advanced manufacturing was an industry that I had not previously considered as fascinating, but this project has significantly piqued my interest in the field and is something I look forward to exploring in future projects. Lamentamos pelo inconveniente. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. 702 salaries for 115 jobs at Bain & Company in London, United Kingdom. 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 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. A full team works throughout the year to deliver projects across our capabilities to 50+ organisations within these partner portfolios. The Average Salary of a Consultant at McKinsey, Bain or BCG in London If you are in doubt about applying, try to attend one of the Bain events to learn more about what we do and to have the opportunity to meet actual Bainies! Based on 6 salaries posted anonymously by Bain & Company Bain Associate Consultant employees in Thornbury, England. Apply to Design Bain Consulting jobs now hiring in London on Indeed.com, the worlds largest job site. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. The strategy seemed simpletransform the client's production model from supply-push to a long-term strategy that crossed functional and value chain borders. Apply today for the Associate Consultant Athens 2023 with Bain & Company. 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. Find Jobs ETR: Careers. message, contactez-nous l'adresse Bain's consultant salary in the UK is the highest out of the three at 97,000. Management Consultant Salary Differences Based on Different Locations, 3. 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 -. 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. Bain & Company employees rate the overall compensation and benefits package 4.4/5 stars. The Big Three management consulting firmsMcKinsey, Bain, and the Boston Consulting Groupare increasing starting salaries for MBA consultants by $15-to-$17,000 in 2023, according to a new report. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Forstudents currently in their penultimate year of studyat any UK or Irish university,applications are open for the True North: Scholarship for Womenand True North: Scholarship for Black Heritage Students. Anoushka Patel, Gerald Aryeequaye and Rachel Maher are Associate Consultants in the London office. Essentially, any difference is not sufficient to matter. Is compensation in the UK higher than in the U.S.? para nos informar sobre o problema. In mid-2019, due to increasing competition for MBA talent from other industries such as Finance and Technology, McKinsey, Bain, and BCG (the MBB firms) increased their base salaries to US$ 165,000 for MBA hires. For Graduate candidates (including Masters and PhD students) and working professionals with less than two years of full-time work experience, applications are currently closed and will open again in September 2023. 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. And no, it doesn't vary by anything. Weve been talking salaries for strategy consulting roles at MBB, the Big 4, and boutique firms. om ons te informeren over dit probleem.
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