Hong Kong, Hong Kong Salary | PayScale Singapore Angel Network (SGAN) Pte. Consulting firms typically have 6 roles from entry-level to partner. Suite 2501, Level 25 One Pacific Place 88 Queensway, Admiralty Hong Kong S.A.R., China Main: +852-36566800 Fax: +852-36566801 Google Map. Benchmark over 9,000 positions from 1,000 industries with instant access to employer-reported compensation survey data. The guide to pay at Bain, McKinsey, BCG and the Big Four ... CTC is . We partner with Singapore's leading institutions and enterprises across every major sector to create transformative growth and achieve breakthrough performance. and annual components such as gratuity, annual variable pay, annual bonus, etc. Singapore Area. McKinsey & Co, the Boston Consulting Group and Bain & Co, also known as the MBB in short or the "Big Three," are the three top firms in consulting and are some of the most coveted places to work. $10,000 - $23,000 a month. Athol Williams, Former partner at Bain SA. Base: $500k - $650k. Bain & Company is a global consultancy that helps the world's most ambitious change-makers define the future. The Big Three pay varying performance bonuses for undergraduates - Bain offers up to $22,500 or 25% of base, while for Boston it's $18,000 and it's $15,000 for McKinsey. The best paid Boston Consulting Group employees work in Switzerland for an average salary of $207,000. Bob Kagle, Director of eBay and Partner at Benchmark. This is 0% lower (+$45) than the average fashion designer salary in Canada. This is followed by BCG, with7,000 consultants, and then Bain, with 4,000 consultants. 2. A detailed analysis of partner salaries at top consulting firms like McKinsey, BCG and Bain. The Secret to Getting Hired at McKinsey, BCG, or Bain. What is the MBB salary range for various levels in SG? The internet industry will remain resilient at US$100 billion gross merchandise value by the end of 2020, and is poised to grow to more than US$300 billion GMV by 2025 - a forecast that remains unchanged despite COVID-19. Bonus range: $5,000 - $39,000. The average Bain & Company salary ranges from approximately $70,544 per year for a Manager Assistant to $555,110 per year for a Partner. INSEAD MBA - Class 2020 Profile and Employment Report. Bonus: $550k - $4.5m+. Welcome to Bain Singapore. Global strategy consulting firm Bain & Company has promoted five to partner across its India offices, as part of a global intake of 50+ new partners globally. And for a senior partner we are looking at a salary of up to $5m+. Beyond the Bio Keith Bevans, partner and global head of consultant recruiting, dives deeper into the stories of some extraordinary Bain people, from their perspectives. H&F, Bain Capital tap into health tech boom with $17 billion Athenahealth deal. BCG held its retirement contribution a $10,312, after a big hike in 2019 - while Bain has kept its contribution steady at $8k. Quick answer: between $500K - $5M. $10 / hr. Hong Kong. In Europe, the largest number of partners were named in Bain's German and UK offices. Here's how he's overcome his diagnosis and . Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. This is yet another reason why working at McKinsey feels a lot like working at BCG or Bain. Not to boast, but . family wellbeing program dc on management consulting singapore salary The total cash compensation, which includes base, and annual incentives, can vary anywhere from $106,850 to $147,273 with the average total cash compensation of $124,248. Salary (£) Bonus (%) Analyst. The other leaders in IDC's assessment were the rest of the Big Three strategy consultancies (McKinsey and BCG), the Big Four accounting and consulting firms (Deloitte, PwC, EY, and KPMG), and Accenture, Publicis Sapient, and IBM. Since our founding in 1984, we've applied our insight and experience to organically expand into several asset classes including . According to a study by Business Insider, here are the companies that pay the highest salaries to MBA graduates: PwC Strategy - Annual average salary: $256,400. Consultant (1-2 yr exp) $60,000. I remember being floored when I first joined BCG and saw the salary bands presented internally! Let's look at the three big factors that drive that varianc. Base range: $50,000 - $152,000. 30-150 Salary per consulting firm The data reveals that the type of firm has a significant bearing on potential long-term earnings. Senior financial consultants at these firms earn a salary of $112,000-$120,000. Most mid-tier consulting firms pay a salary between $65,000-$70,000 for entry-level financial consultants. Published Nov 16, 2020. The highest paid Bain & Company employees are Partners at $314,000 annually. Salaries posted anonymously by Bain & Company employees in Singapore, Singapore Area. Max Total Compensation: up to $236,250. This estimate is based upon 8 Bain & Company Consultant salary report(s) provided by employees or estimated based upon statistical methods. Ahmed Fahour, Former CEO of Australia Post and of . The typical Bain & Company Partner salary is £185,683 per year. Bain & Company has made five partner appointments across its Singapore, Tokyo, Seoul and Bengaluru offices. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. View Praneeth Yendamuri's profile on LinkedIn, the world's largest professional community. Despite the impact of COVID-19, Bain reported its best quarter ever in Q3 2020 and plans to hire around 700 MBA-level consultants in 2021. Eight out of 10 Singaporeans set aside at least 10% of their salary for their savings, a report from OCBC, using The Financial Wellness Index . Officially opened in 1993, Bain's Singapore office operates in conjunction with our Bangkok, Jakarta , Kuala Lumpur and Manila teams as Bain Southeast Asia. This estimate is based upon 4 Bain & Company Partner salary report(s) provided by employees or estimated based upon statistical methods. $4,490 / mo. We use cookies to customize your user experience. McKinsey Singapore. (Reuters) -Private-equity firms Hellman & Friedman LLC and Bain Capital on Monday agreed to buy Athenahealth for $17 billion, the latest sign of rising interest in companies powering the healthcare sector's shift to the cloud. ALEXANDRA HEALTH PTE. Room 4709, 47/f, Office Tower 2, Plaza 66, 1266 Nanjing . 10 DISTINGUISHED BCG ALUMNI. Bill Bain, Founder of Bain & Co. Benjamin Netanyahu, Prime Minister of Israel. Consultant salaries at Bain & Company can range from AED 44,500 - AED 540,000 per year. These ranges are from employer specific salaries submitted by WSO members. Analyst at Bain & Company I Former Intern at National Investment and Infrastructure Fund, Deloitte I SSCBS'21 I DPS Mathura Road'18 Delhi, India. Shanghai. Bain has the deepest expertise in working with Private Equity funds and other principal investors. Couple that with a $30,000 signing bonus (again, on par with McKinsey and BCG) and your max total compensation is over $236,000. CTC is inclusive of monthly components such as basic pay, various allowances, reimbursements, etc. Background- 1st yr BSchool student in US who is looking to move to SG and pursue MBB post MBA. Consultant salaries at Bain & Company can range from SGD 155,000 - SGD 180,000 per year. Those six-digit salaries are a major point of attraction for the best and brightest candidates out there . Bain & Company has bolstered its Financial Services practice in the Netherlands with two former partners of Roland Berger: Mark de Jonge and Sjors van der Zee. Our experts in Southeast Asia share a passion for results and bring a diverse set of skills and industry experience to each client engagement. Most mid-tier consulting firms pay a salary between $65,000-$70,000 for entry-level financial consultants. 3-5 years' 60000-115000. Belgium has as well one of the highest levels of taxation in the world with the income tax brackets ranging from 25 to 50 percent. LTD. 3.5. Across 59 offices in 37 countries, the firm works alongside clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. The average salary for Bain & Company Inc. employees in Singapore is S$42,625 per year. For 2022 INSEAD admissions there are two intakes - January and September. Get full report. Praneeth has 8 jobs listed on their profile. McKinsey BCG Bain & Company. At Analyst / Junior Consultant, consultants working at the MBB - the trio of McKinsey & Company, Boston Consulting Group and Bain & Company, the three largest strategy consulting firms in the world - have the highest . So becoming a partner can take 10+ years, depending on your starting level and speed to promotions. Moving from one position to the next typically takes 1 to 3 years. Bain Capital, LP is one of the world's leading private multi-asset alternative investment firms with approximately $150 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. All data Summary. Bain and Boston both offer a basic of $90,000, above McKinsey which pays a starting salary of $87,000. Click "Agree" if you agree with our Policy. More bain and company singapore news: 2021-07-12 07:00 Bain promotes eight to partner across offices in Asia - Consultancy.asia ; 2021-12-10 08:00 LV chairman quits as members block Bain takeover - The Telegraph ; 2021-12-06 08:00 CEO of Bain-Backed Chindata Leaves Data Centre Platform - Mingtiandi ; 2021-12-29 16:35 Consulting Services in the Public, Social and Healthcare Market Size 2021 . 60000.0. 11-27 Marina Bay Financial Centre Tower 1 8 Marina Boulevard Singapore, 018981 Singapore Main: +65-66534472 Google Map. $114,000. This salary calculator is powered by over 30 years of compensation data collected by ERI Economic Research Institute. Visit PayScale to research Bain & Company Inc. salaries, bonuses, reviews, benefits, and more! Explore salaries for your profession, company or industry with more than 600 million salaries posted on Indeed. $90,000 / yr. But for all its spending, Bain & Co. pays its average employee a lot less than an investment bank. For example, salaries for a freshly minted MBA might be slightly different from McKinsey to Bain to BCG to Deloitte. In addition, they earn an average bonus of $2,965. View more Management Consultant salary ranges with breakdowns by base, stock, and bonus amounts. The average fashion designer gross salary in Montréal, Québec is $85,449 or an equivalent hourly rate of $41. Disgraced ex-McKinsey partner Ragat Gupta's annual salary was estimated at $5 - $10m USD prior to his conviction in 2012 on insider trading charges. Bain & Company reported that even as transport and travel have declined, e-commerce, online media and food delivery have surged. CTC or Cost to Company is the total amount that a company spends (directly or indirectly) on an employee. Most Boston Consulting Group employees using Emolument work in Greece for an average salary of $94,000. Bain & Company. COPY LINK. Bain adds experienced duo to Dutch financial services practice. Global strategy consulting firm Bain & Company has promoted eighteen new partners in Europe, as part of a global mid-year intake of fifty-seven new leaders. The second edition which is now available provides actual 2021 salary increase budgets and turnover trends as well as projected budgets for 2022. With that kind of money, and the somewhat exaggerated living costs, in the table below, you can expect a single person household to be quite comfortable. Answer (1 of 20): This is a fun question. During Gupta's time as head of McKinsey, the firm opened offices in 23 new countries . Roland Berger, Founder of Roland Berger Strategy Consultants. Ragini Jetly . Salaries. Based on 10 salaries posted anonymously by Bain & Company Senior Associate Consultant employees in Singapore. The typical Bain & Company Consultant salary is AED 529,000 per year. The average salary in Hong Kong is HK$368k. Lekhika Dhariyal. Get full report. An MBA salary is also dependent on the company or recruiter's revenue and requirements. Previous TC: US$220k. The fun part though is in the details that drive that variance. Find the average pay based on your skills and experience. The first edition of the study, conducted from March through April 2021, provided projected salary increase budgets for 2021. Three key levers drive the variation in partner salary and compensation: partner level, firm bonus formula and the practice type. Indra Nooyi, CEO of Pepsi. Bain & Company Salaries trends. Singapore. Recommended Articles This article has been a guide to Private Equity in Singapore, their services offered, the recruitment process, their culture, top private equity firms in Singapore, salaries, and exit opportunities. The average Bain & Company salary ranges from approximately £36,846 per year for a Manager Assistant to £218,129 per year for a Partner.Bain & Company employees rate the overall compensation and benefits package 4.5/5 stars. 73% of these revenues were spent on pay. For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. The typical Bain & Company Consultant salary is SGD 165,000 per year. It refers to the total salary package of the employee. "I am very excited that Mark and Sjors are joining our team. The average Bain & Company salary ranges from approximately $100,000 per year for an Associate Consultant to $180,000 per year for a Consultant.Bain & Company employees rate the overall compensation and benefits package 4.5/5 stars. AlixPartners - Annual average salary: $250,000. The salary data analyzed were based across the US. Salary estimates based on salary survey data collected directly from employers and anonymous employees in . While the ranges are tightly clustered, historically BCG has paid around $10K per year more than peer firms such as Bain and McKinsey. These firms are routinely contracted by some of the largest organizations and companies in . Singapore. They will also have the confidence to launch and ensure the success of a new business venture. 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. 6 19. The cost of living in Hong Kong is NaN percent lower than the national average. Germany. Learn about the wide array of regional internships, jobs, and other various opportunities offered by McKinsey & Company in Singapore. The median compensation package totals $143k. Partner salaries at Bain & Company can range from £100,000 - £211,829 per year. This places Belgium on the 8th place in the Organisation for Economic Co-operation and Development, after Australia, but before Austria. Senior financial consultants at these firms earn a salary of $112,000-$120,000. See the complete profile on LinkedIn and discover Praneeth's connections and jobs at similar companies. Management Consultant compensation at Bain ranges from $113k per year for Associate Consultant to $262k per year for Manager. Across 59 offices in 37 countries, the firm works alongside clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. Exit opportunities are numerous for MBB alumni, including top leadership positions such as CEO or vice president at Fortune 500 companies. The full table of contents includes: Regrettable turnover. Bain former Associate Consultant Interns in London, Milan, Chicago, NYC and Singapore discuss their experiences. Trends in wages decreased by -100.0 percent in Q3 2021. Bain & Company - Annual average salary: $252,250. This estimate is based upon 17 Bain & Company Consultant salary report(s) provided by employees or estimated based upon statistical methods. Singapore Area. 140000-270000. McKinsey leads in terms of overall size and reach, with over 9,000 consultants globally. Bain & Company appoints 18 new partners across Europe. Second, the learning curve and salaries in Singapore Private Equity are quite higher than other PE markets in the world. Bain & Company was one of the leaders in IDC MarketScape's Digital Strategy Consulting Services 2021 Vendor Assessment. Associate Consultant / Consultant. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. YOE: 5. View the base salary, stock, and bonus breakdowns for Bain's total compensation packages. Our Singapore office, founded in 1998, is an innovative hub that reflects the country's dynamism and diversity. 94 salaries for 27 jobs at Bain & Company in Singapore, Singapore Area. Try our Salary Assessor. The median compensation package totals $143k. Manager. In combination with the Singapore Economic Development Board (EDB), strategic consultancy Bain & Company has established a Global Sustainability Innovation Centre (GSIC) in Singapore, in a bid to help unlock the $1 trillion green economy across Asia. Size & Geographic Focus. Bain & Company employees rate the overall compensation and benefits package 4.5/5 stars. Vikram Chandrashekhar is a partner in Bain & Company's Healthcare, Technology, Telecommunications, and Mergers & Acquisitions practices. There is also some variance over the size of relocation packages, with Bain being the most generous. Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000. John Legend, Grammy award winning musician. Andrea Campagnoli. Consulting salaries at McKinsey, Bain & BCG In the top three consulting firms, you can expect to earn $80,000 as an entry level salary, and $149,500 as a project manager salary. The 6 steps on the consulting career path ↑. 23 books management consultants from firms like McKinsey and Bain recommend for anyone who wants to make smarter business decisions; A top EY executive who built the 'Big 4' firm's $10 billion global consulting practice is living with dyslexia. He says many colleagues in that position would and do continue to remain in the company, receive very high salaries, and do nothing. 2019 - Jul 2019 2 months but before Austria size and reach, with over 9,000 consultants globally by! The three big factors that drive that varianc 10th Percentile and High is the MBB salary range for various in. Well as projected budgets for 2022 INSEAD admissions there are two intakes January! Salaries | Glassdoor < /a > We use cookies to customize your user experience in! 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