Bain Salaries & Benefits 2023 by Position & Location

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 this article, let’s find out and compare Bain salaries across different positions in six countries.

Source: Glassdoor. Figures in this chart represent the highest available data points.

Read more: Salary of Top Consulting Firms 2023

Disclaimer: 

(1) Unless stated otherwise, salaries in this article are based on US figures. The precise numbers vary from place to place, and we will provide additional insights where possible. “Total Annual Salary” includes Base Salary, Performance Bonus, and Others (including Profit Sharings, Stock, Commission), scaled up to one year (for example, if an Intern works for ten weeks, we will scale up the income of ten weeks to one year for presentation purposes). 

(2) One-time sums, such as Relocation or Signing Bonus, are not counted. Business allowance is also not presented here. The figures in this article are rounded to the closest 1000. Actual figures may vary, depending on location, position, experience, performance, and report time. 

(3) Our primary source of information is Glassdoor. However, it's worth noting that Glassdoor is known to be a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of the data presented. Furthermore, consulting firms do not openly disclose their salary information. Therefore, the below data should only be used for reference purposes.

Bain & Company Intern salary (Intern-level)

Bain Intern in the US may earn up to $84,000 annually. Meanwhile, Bain Intern salary in other developed countries fluctuates around $30,000-40,000.

• Base: $48,000-70,000 (UK: £30,000-42,000)

• Performance Bonus: up to $4,000

• Others: up to $3,000

• Total Annual Salary: up to $84,000

Bain Associate Consultant salary (Undergraduate, Junior-level)

Bain Associate Consultant in the US may earn up to $166,000 annually. Meanwhile, Bain Associate Consultant salary in other developed countries fluctuates around $80,000-120,000. Bain Associate Consultant salary in developing countries like China and India is roughly $30,000-$60,000.

• Base: $89,000-132,000 (Canada: CA$92,000-120,000, China: ¥308,000-388,000, Germany: €75,000-81,000, India: ₹2,000,000, UK: £50,000-56,000)

• Performance Bonus: up to $21,000

• Others: up to $13,000

• Retirement: minimum 4.5% of base and bonus into 401(k), no contribution required (US only)

• Signing Bonus: $5,000

• Relocation: $5,000

• Total Annual Salary: up to $166,000 (Canada: CA$133,000, China: ¥479,000, Germany: €112,000, India: ₹3,000,000, UK: £75,000)

Source: Glassdoor. Figures in this chart represent the highest available data points in each location.

Bain Consultant salary (MBA/Experienced, Senior-level)

Bain Consultant in the US may earn up to $240,000 annually. Meanwhile, Bain Consultant salary in other developed countries fluctuates around $150,000-190,000. Bain Consultant salary in developing countries like China and India is roughly $70,000-$150,000.

• Base: $96,000-153,000 (Canada: CA$184,000-193,000, China: ¥619,000-988,000, Germany: €110,000-117,000, UK: £91,000-101,000)

• Performance Bonus: up to $32,000

• Others: up to $55,000

• Retirement: minimum 4.5% of base and bonus into 401(k), no contribution required (US only)

• Signing Bonus: $30,000

• Relocation: $8,000-16,000

• Total Annual Salary: up to $240,000 (Canada: CA$224,000-254,000, China: ¥720,000-1,120,000, Germany: €136,000-162,000, India: ₹5,760,000, UK: £114,000-142,000)

Source: Glassdoor. Figures in this chart represent the highest available data points in each location.

Bain Manager salary (Manager-level)

Bain Manager in the US may earn up to $349,000 annually. Meanwhile, Bain Manager salary in other developed countries fluctuates around $190,000-250,000. Bain Manager salary in developing countries like China and India is roughly $100,000-$160,000.

• Base: $134,000-203,000 (Canada: CA$198,000-226,000, Germany: €130,000-162,000, India: ₹5,760,000, UK: £99,000-130,000)

• Performance Bonus: up to $50,000

• Others: up to $96,000

• Retirement: minimum 4.5% of base and bonus into 401(k), no contribution required (US only)

• Total Annual Salary: up to $349,000 (Canada: CA$235,000-298,000, Germany: €192,000-241,000, India: ₹9,000,000, UK: £120,000-201,000) - potential for much more based on individual sales and profit sharing

Source: Glassdoor. Figures in this chart represent the highest available data points in each location.

Bain Principal/Partner salary (Partner-level)

Bain Partners in the US may earn up to $736,000 annually. However, the below data should only be used for reference, as a Partner-level person at Bain in the US will likely make more than $1,000,000 annually. 

• Base: $170,000-315,000 (UK: £142,000-238,000)

• Performance Bonus: up to $119,000

• Others: up to $302,000

• Total Annual Salary: up to $736,000 - potential for much more based on individual sales and profit sharing

Fringe benefits of Bain consultant

Common fringe benefits at Bain include health insurance, life insurance, tuition assistance, childcare reimbursement, employee discounts, employee stock options, and the privilege of using a company-owned vehicle for personal use. 

The fringe benefits offered by Bain and its MBB counterparts are generally more comprehensive and generous compared to those offered by other firms in the industry. 

Health Insurance

Bain provides fully comprehensive health insurance plans with a broader range of coverage options, which results in employees paying less for better health services. 

Retirement Benefits 

In the United States, Bain provides strong retirement savings 401(k) plans, with no contributions required. However, compared to McKinsey, BCG, or some other Tier 2 consulting firms, Bain has a lower initial matching 100% contribution of 4.5% of a consultant's base and bonus salary for new employees. However, the percentage will increase based on the consultant's experience and position.

Paid Time Off

Bain has the longest paid time off for maternity leaves among the big names in the consulting industry, which can be extended to 21 weeks. Bain also allows four weeks of vacation for its consultants, better than most big names in the industry. The firm also has options for sabbaticals and extended leaves for personal or professional development. 

Professional Support

Bain invests heavily in training its consultants, with extensive training programs that outmatch the quality of Big Four and Tier 2 firms training programs.

Travel and Expense Policies

Bain covers all travel expenses when consultants work onsite at client locations, ensuring its consultants have the most comfortable accommodations available at the site. This is similar to the other two firms of the MBB and generally better than other firms in the industry.

Non-Monetary Perks

Bain offers many additional perks, such as subsidized gym memberships, wellness programs, on-site fitness centers, employee assistance programs, etc. The quality and range of services for Bain consultants are generally better than their counterparts at Big Four and Tier 2 firms. 

Read more: Salary of Top Consulting Firms 2023

What is Bain acceptance rate? 

Only 1% of candidates receive consulting offers from Bain & Company. 

There are three stages in the Bain hiring process: Resume Screening => Online Test => Fit Interview & Case Interview.

• Stage 1 – Resume Screening: Our article on Consulting Resume will help you understand what to show, and what not to show in your resume. That aims to maximize your chance of entering stage 2.

• Stage 2 – Online Test: Our Bain Online Test article will show you everything related to the test, what you’ll be asked and what you do to prepare for it. Bain’s tests aim to assess candidates’ numerical, verbal, and logical reasoning skills. 

• Stage 3 – Fit Interview & Case Interview: Check out our articles on Bain Fit Interview and Bain Case Interview to better understand what you may expect during your application.