how much does bain charge for consulting
To calculate your hourly rate youd divide 60000 by 52 which is roughly 1154 then divide that by 40 which is 2885. Answered 6 years ago.
Bain Company Consultant Salaries Reviews In The United States Indeed Com
Bain Consultants in the US can make up to 226500 each year with 165000 from base salary 41500 from bonuses and 20000 from shared profits.
. So regardless of. Heres what we found. Just like a regular job the rates people are willing to pay for various skill sets can vary widely from a few dozen to a few hundred dollars per hour.
Their due diligence work is included in their overall fee which seems to be around 0-15K per month plus a modest portion 3-5 of the acquisition proceeds often subject to a minimum. In the past decade Bain has advised on half of all buyout transactions worldwide valued at more than 500 million. Note while this is true in more established areas like supply-chain expertise the reverse may be true when it comes to new areas like social media strategy or bitcoin mining.
A typical strategy case costs between 500000 and 1250000This variance is driven by the premium the firm is able to command eg 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. On top of that employees are eligible for up to 41250 in performance bonuses. Then mark that up 40 which results in an hourly rate of about 40.
A general-purpose consulting company sounds more expensive and less of a value add. In most other developed countries the salary ranges from 120000 to 150000 profit sharing not included. The market rate is the average price and range of pricing a typical customer will pay for your type of consulting service.
How much do McKinsey BCG and Bain charge clients for a. We work across fund types including debt infrastructure real estate and hedge funds. As that example hopefully demonstrated market rate is not an exact science.
The typical Bain Company Partner salary is 291825 per year. A Bain principal salary sits at around 250-to-320000 while Bain partner salary prospects six-to-eight years after an MBA consultant level start at around 350000 and go up to 450-to-650000 for a senior partner with huge potential bonuses of over 500000. Bain Company.
How much does Bain Company in the United States pay. 500000 to 1M for a 6-7 week team of around 4-5 people of varying seniority. The typical Bain Company Associate Consultant salary is 94120 per year.
Salary information comes from 53 data points collected directly from employees users and past and present job advertisements on Indeed in the past 36 months. Please note that all salary figures are approximations. Our work with companies globally and across industries exceeds 1000 pricing projects in the last decade alone.
Marketing consultants charge between 25 to 300 per hour with 100 being the average. Associate Consultant salaries at Bain Company can range from 87122 - 113802 per year. Bain Company employees rate the overall compensation and benefits package 455 stars.
The average Bain Company salary ranges from approximately 37636 per year for Visual Merchandiser to 228138 per year for Principal Consultant. This consulting fees calculator from Consultant Journal helps you work out how much you make per hour based on a 52-week year. The average Bain Company salary ranges from approximately 36296 per year for a Manager Assistant to 214873 per year for a Partner.
How much does a Partner at Bain Company make. Partner salaries at Bain Company can range from 201088 - 556800 per year. How much does Bain Company pay per year.
There is some variation when it comes to relocation. That 40 markup would cover the cost of your expertise and. Average Bain Company hourly pay ranges from approximately 1198 per hour for Front Desk Agent to 4075 per hour for HRIS Analyst.
McKinsey remains the laggard on 87000 despite increasing base pay by 2K. The consulting fees calculator from Consulting Success provides a great starting point to help you figure out how much much to charge in order to make the amount of money you want each day month and year. If the average business consultant charges and receives 100 per hour than the market rate is likely between 50 to 150 per hour.
6 rows For our example lets pick a simple round number to work with. Bain offers 5k while BCG and McKinsey offer a range depending on the cost of the move. This estimate is based upon 14 Bain Company Partner salary report s provided by employees or estimated based upon statistical methods.
Each of the big three offer new undergrad hires a 5k signing bonus. Duration of project number of team members seniority of team members negotiation with client. This estimate is based upon 989 Bain Company Associate Consultant salary reports provided by employees or estimated based upon statistical methods.
Though the full bonus isnt guaranteed. Obviously a consultant with 25 years of experience can charge more than someone with 10. We have an unmatched understanding of pricing strategy with a proven record of results.
The Bain consultant salary situation is even more lucrative for new hires with an MBA or a PhD. Average Bain Company Consultant yearly pay in the United States is approximately 164723 which is 121 above the national average. These employees earn an average base salary of 165000 a year to start.
We help you get results fast moving from discovery to action powered by a capability assessment benchmarked against more than 2700 companies. Will vary due to a number of factors such as. Consultants who earn 10K per month have a much higher average consulting engagement value 59 of them charge more than 20K per project compared to only 15 of consultants earning less than 10K per month.
And our work with private equity doesnt stop with buyout funds.
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