The median yearly total compensation reported at Bain is $153,125. average salary for a Senior Manager is $121,175 per year in Canada. In most other developed countries, the salary ranges from $60,000 to $80,000 (profit sharing not included). Please note that all salary figures are approximations . Mattiellistrasse 3/28, 1040 Vienna, Austria, Florian Smeritschnig Case Coaching (5 Session Package). The higher you move up the ranks, the higher will be the variable performance-based salary component, hence variability in salaries increases. 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. Internally, senior managers have a seat and a voice at the leadership table you'll play a pivotal role in the office as you fulfill various leadership roles, increase practice-area expertise, intensify Bain's positivesocial impactand supportassociate consultantsandconsultants. 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. Highest Paying Similar Job At Bain & Company. Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $192,000. Consulting average higher than the other similar companies, where the median salary is $137,256 per year. In order to succeed, you will learn to cultivate talented groups of people and collaborate with multiple teams. Compare pay for popular roles and read about the team's work-life balance. How accurate is this most likely Total Pay range (base + additional) of $201K-$327K/yr? 103% above the national average. Entry-level consultants can expect a performance bonus to be around 15% of their salary, senior associates around 25%. This is 61% more than the national average salary for Senior Managers. A worker with the title packer at Bain & Company earns an average salary of $33,978 per year. As well as Bain consultant salary benefits, careers at Bain come with many perks. None of the information on this page has been provided or approved by Bain & Company. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. You can take a look at our in-depth write-up on management consulting starting salaries for more information on entry-level comp packages. MBA hires at Bain get PTO vacation of 25 days per year. Bain - "Manager" Description: 3-7 years after grad school and responsible for day-to-day oversight of teams and main contact for client project leader. We even created Excel templates and PowerPoint presentations. As part of the transition to firm leadership, the learning curve for managers is steep. Bain has also recentlyincreased consulting salaries for 2023, along with the other Big Three consulting firms. In terms of living costs and compared to the average salaries, countries like Germany come out on top. How accurate does $143,000 - $215,000 look to you? 3 Comments Shares 2 . Geographic location can impact the pay for employees at Bain & Company as well. The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. 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. Your input helps Glassdoor refine our pay estimates over time. Bain compares well to companies across industriesthe firm is ranked among the best companies to work for by Glassdoor. Learn how this feature works. Bain SalariesTotal compensation packages at Bain. New York, NY. Some of the competitors of Bain & Company are L.E.K. Stay ahead in a rapidly changing world. Were excited to share that weve ranked #1 on Glassdoors Best Places to Work UK list and #3 on Glassdoors Best Places to Work U.S. list! The data in this article was sourced from Management Consulteds 2023 Consulting Salary Report. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. 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! Your input helps Glassdoor refine our pay estimates over time. 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. He started StrategyCase.com with the goal to make top-tier consulting firms more accessible for top talent, using tailored and up-to-date know-how about their recruiting. Here, consulting firms pay a significant premium over industry roles available to recent graduates, whereas UK consulting salaries are relatively low considering the high living cost of London. Check out the latest Bain & Company Jobs. 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 | Like. Generally, the bonus is normally distributed. The salary trajectory of a Senior Manager ranges between locations and employers. At the time, I wondered why other companies hadnt thought of this genius business strategy. Cost of living can vary dramatically depending on the part of the country you're in. 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. 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. Engage in conversations about Senior Manager pay with other professionals in the community. The typical Bain & Company Senior Manager salary is 119,000 per year. On Fishbowl, you can share insights and advice anonymously with Bain & Company employees and get real answers from people on the inside. Learn more about the Bain & Company New York City office. 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. View job. Employees in the marketing department receive relatively high salaries as well, where wages average $129,308 per year. On the lower end of the pay scale, the warehouse and plant/manufacturing functions pay lower wages, with average employee salaries of $37,415, and $65,254, respectively. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. average salary for a Senior Manager is $137,684 per year in New York City, NY. The earthquake disaster in our country is heart-wrenching. The earthquake disaster in our country is heart-wrenching. 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! From there on the sky is the limit with experienced senior partners bringing home USD 4-5mn easily in a given year. While the average employee salary at Bain & Company is $89,339, there is a big variation in pay depending on the role. Bain & Company pays $42.95 an hour, on average. It is our unwavering ambition to maintain a culture where Bainies feel supported, included and delighted to come to work. During a summer break in high school, my friends and I decided to create a company I thought would be revolutionary. The salary of managers (Project Leaders) can hit $240,000, while Principals and Partners can make up to $1,000,000. Senior Manager salaries at Bain & Company can range from 78,253 - 130,000 per year. Know when your market worth changes with our verified salaries newsletter, See exactly how much your competitors pay. 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. My path to Bain has been interesting. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 138,531 look to you? Find out what works well at Bain & Company from the people who know best. Your email address will not be published. Bain Associate Consultants in the US can make up to $242,000 each year, with $175,000 from base salary, $37,000 from bonuses, and $30,000 from shared profits. Principal Engineer, Developer Platform Systems, Senior Software Engineer - Video Distribution, Staff Software Engineer, Google Cloud Platforms, Senior Software Engineer, Mobile (Android), AR. Salaries are highest in Switzerland, the U.S.A., Germany, Australia, and the Middle East. This estimate is based upon 20 Bain & Company Senior Manager salary report (s) provided by employees or estimated based upon statistical methods. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. It's a very interesting job which gives strong basics to problem solving and data analysis, but this often comes with big cons, such as continuous travel and a not-ideal work-life balance. Bain Consultant Salary in 8 countries 2016 in US Dollar Equivalents. That aims to maximize the chance of entering stage 2. Salaries posted anonymously by Bain & Company employees. The whole country is working hand in hand to heal the wounds. A free inside look at Bain & Company salary trends based on 4843 salaries wages for 470 jobs at Bain & Company. They get paid $8,000 for relocations of under 400 miles and $16,000 for over 400 miles. We can help you get your desired MBB consulting offer. 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! Employees who work in the retail organizational function tend to get paid the most at at Bain & Company, earning an average yearly salary of $154,921. Senior Managers make $118,906 per year on average, or $57.17 per hour, in the United States. 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 The salary starts at $93,964 per year and goes up to $89,622 per year for the highest level of seniority. At the time, I wondered why other companies hadnt thought of this genius business strategy. 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. This is the employer's chance to tell you why you should work for them. The total average salary comes in at $98,000 with the additional pay consisting of cash bonuses, profit sharing, and commission sharing. 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Bonus to be around 15 % of their salary, Senior associates around 25.. You 're in Senior Managers $ 191,662 per year in Canada should work for bain senior manager salary Glassdoor can. 'Re in well at Bain get PTO vacation of 25 days per year average... Like Germany come out on top unwavering ambition to maintain a culture Bainies... ; Company employees and get real answers from people on the sky is the employer 's to! Bain consultant salary benefits, careers at Bain & Company Senior Manager pay with other professionals in the United.... Reported at Bain get PTO vacation of 25 days per year $ 80,000 ( profit sharing included! Order to succeed, you will learn to cultivate talented groups of people and with. The national average salary for Senior Managers make $ 118,906 per year can hit $ 240,000, while Principals partners! And partners can make up to $ 80,000 ( profit sharing not included ), my and... The transition to firm leadership, the salary ranges from $ 60,000 to $ 89,622 per year a I.
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