How Much Do Bain Partners Make 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 The salary of managers Project Leaders can hit 240 000 while Principals and Partners can make up to 1 000 000 This incredibly high salary is one of the main attractions of Bain as with any other top consulting firm
In 2023 US figures suggest that an undergraduate student at an MBB firm is paid around 140k compared to around 100k for a Big Four consultant That s actually a more significant difference than the difference in 2020 when an MBB consultant earned 107k 117k and a Big Four consultant earned 80k 102k Get Morning Coffee in your BCG held its retirement contribution a 10 312 after a big hike in 2019 while Bain has kept its contribution steady at 8k There is also some variance over the size of relocation packages with Bain being the most generous It offers 8 000 for relocation distances of less than 400 miles and 16 000 thereafter
How Much Do Bain Partners Make
How Much Do Bain Partners Make
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The estimated total pay range for a Partner at Bain Company is 383K 705K per year which includes base salary and additional pay The average Partner base salary at Bain Company is 261K per year The average additional pay is 249K per year which could include cash bonus stock commission profit sharing or tips The average Bain Company salary ranges from approximately 37 853 per year estimate for The average Bain Company hourly pay ranges from approximately 18 per hour estimate for Bain Company employees rate the overall compensation and benefits package 4 4 5 stars
Things like recruiting take up a huge amount of time Only 1 of applicants to McKinsey actually get hired As does speaking at conferences boosting the business s brand mentoring and alike So all in all the total compensation for a junior partner can be between 500k and 1m Base 350k 500k Bonus 150k 500k See how it works The estimated total pay range for a Partner at Bain Capital is 374K 689K per year which includes base salary and additional pay The average Partner base salary at Bain Capital is 266K per year The average additional pay is 233K per year which could include cash bonus stock commission profit sharing or tips
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The average BAIN PARTNER SALARY in the United States as of July 2024 is 54 38 an hour or 113 105 per year Get paid what you re worth How much does a Partner make at Bain Company in the United States Average Bain Company Partner yearly pay in the United States is approximately 274 246 which is 266 above the national average Salary information comes from 3 data points collected directly from employees users and past and present job advertisements on Indeed in the
A typical strategy case costs between 500 000 and 1 250 000 This variance is driven by the premium the firm is able to command e g McKinsey will usually charge more than say LEK because of the premium their brand commands the length of the case and the number of consultants required to do the work For our example let s pick a simple Bain Consultant Salary Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of 192 000 Master s level graduates get offered around 112 000 in base salary at Bain MBA hires at Bain receive performance bonuses of up to 63 000 and a signing bonus of 30 000
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How Much Do Bain Partners Make - Bain Partner Salary By the time an employee rises to the level of Partner their Bain salary becomes extremely formidable The average Bain Partner Salary is in the neighborhood of 322 000 per year However top partners can make 1M or more comp at this level is variable with the biggest factor being the amount of work you sell