What do they all have in common? What do they all have in common? Thats before the performance and signing bonuses that accompany annual salaries at the top consulting firms. As the world becomes more digital, incoming consultants will need to have an agile mindset, the ability to work in cross-functional teams, and seamlessly collaborate with colleagues in a virtual environment," says Amber. Help our clients do amazing work while unlocking the potential of those who advance the world. BCG appoints four to managing director & partner in MENA team Beyond is where we begin. Boston Consulting Group Salaries in Hong Kong 44 salaries (for 23 job titles) Updated 3/2/2023 44 Boston Consulting Group employees have shared their salaries on Glassdoor. Know Your Worth. Boston Consulting Group Managing Director And Partner Salaries in Management Consulting Salaries (2023) - Case Interview There is a screening process and a selection process. Explore BCG jobs today. Average salary for Boston Consulting Group Managing Director And Partner in Worsley: [salary]. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'howigotjob_com-large-mobile-banner-2','ezslot_14',198,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-2-0'); At BCG, senior partners are referred to as Partner and Managing Director. If you have solid credentials and interest in being a part of mega transformations in the region while earning a tax free salary, let's chat ;), What level (and comp) could you enter other consulting firms with the following background: 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. 2028 . My . Based on 9547 salaries posted anonymously by Boston Consulting Group Partner And Managing Director employees in Crete. Becoming a partner is an outstanding achievement involving time, dedication, and hard work. Bain, the smallest of the Big 3, was set up in 1973 by BCG colleagues William W. Bain Jr. and Patrick F. Graham. Get RocketBlocks. And for a senior partner we are looking at a salary of up to $5m+. Consultant Salary in India 2020. For example, at BCG there are junior partners referred to just as "Partner" and then senior partners called "Partner and Managing Director." Average salary for Boston Consulting Group Partner And Managing Director in Crete, IL: [salary]. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Additional pay could include bonus, stock, commission, profit sharing or tips. .css-1qxtz39{font-size:12px;}Reported in 1 salaries. So, clearly there is some variation here but you can already tell the bonus calculation will drive most of it. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Boston Consulting Group Salaries How much do Boston Consulting Group employees make? Its annual revenue in 2021 was $11 billion. Average salaries for Boston Consulting Group Managing Director And Partner: [salary]. Principal. This is for 1st-year consultants only, as reported by the Insider. 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. The highest-paying job at Boston Consulting Group is a Principal with a salary of 168,252 per year. - Katie Williams, Senior Director Corporate members include major FTSE 100 companies who have established strategies for China. ", "I recommend RocketBlocks to everyone at Wharton who asks. [To get a job at BCG] you need to possess the right amount of business knowledge and experience. Company performance: how is the business performing overall? if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'howigotjob_com-large-mobile-banner-1','ezslot_13',199,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-1-0'); They have a base salary that is between $450,000 and $650,000. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Typically, a Bain consultant salary, BCG consultant salary, and McKinsey associate salary will be the same regardless of what office you are hired by. This is in terms of both salary and cost of living. Learn how much management consultants make based on the firm and their experience level. Daniel Kessler - Managing Director & Senior Partner - LinkedIn BCG .. can anyone tell me the difference between | Fishbowl Those who have set out on a, Preparing for an interview is crucial. Annika Zawadzki - Managing Director & Partner - Boston Consulting Group The additional pay consists of cash bonuses and profit sharing. BCG consultants in the UK earn on average 93,000, which roughly translates to $128,944 when this article was written. <br><br>At BCG, I work with a broad variety of clients, from multinational companies over private equity owned firms to family owned businesses. BCG Consultant Salary | BCG consultants can expect to earn big throughout their careers ictor, Want to work for the Boston Consulting Group? A partner can earn on average $533,000 with bonuses and all. You're in the right place. The Boston Consulting Groups characteristics in their consultants are that they are creative, impactful, passionate, and team players. Like the salaries, BGC UK employees typically have lower performance bonuses too. The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,961 per year. You're in the right place. If you are overcoming hardships, we wanna help! A shared commitment to our core values. Let's look at the three big factors that drive that variance: While everyone generally just says "Partner" all of these firms have multiple tiers of Partners and these types tend to have different fixed, base salaries. BCG welcomes all applicants, even those with diverse work experience and with any intellectual discipline. The base salary provided by BCG is $200,000 to $220,000. . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Explore BCG jobs today. We are also particularly proud to rank in the top 5 for all 6 Diversity categories. From a compensation perspective, it's a pretty nice picture and now you'll understand why all these firms are flooded with resumes! ~2 years at BCG, 6 months at a high tech startup that collapsed, and 1 year as a Senior Manager in corporate strategy with direct c suite interactions regularly. Aman Wang - Managing Director and Partner - Boston Consulting Group Boston Consulting Group Managing Director And Partner Salaries in New Roughly, Principal is now a 2 year role vs a 4 year role previously. Salary details differ when it comes to a different country like the UK. This requires three interviews in Round 1 and three in round 2 of a Fit and Case. Upon passing all this, you may be offered a spot in BCG. Also, BCGs locations in the US have a much cheaper cost of living than the US. BCG's 25,000 employees, including 7,000 consultants, work from its over 90 offices around the globe. Some of the top employers are Deloitte Consulting LLP, KPMG, Accenture, and EY. A senior product manager in Consultancy can earn 2,254,402 on an average, whereas Management consultant in IT earn on an average 1,504,283. Anecdotally from what I've heard, Bain, true to their rep as the most collegial, goes the furthest in rewarding this. looking for a job openings at BCG in consulting areas Continue with Recommended Cookies. UK employees of the BCG tend to be behind the US employees when it comes to salary. The fun part though is in the details that drive that variance. Boston Consulting Group Managing Director/Partner Salaries Based on 2 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in Dallas. All BCG Salaries Last Updated: 17 Sep 2022 Similar Designations in BCG According to Glassdoor, Partners earn on average $252,055 a year. Take a look at our alumni community: "People have been very understanding and accommodating of me having young children and blocking out time for them. Your email address will not be published. When including bonuses and additional compensation, a partner can make up to an average of $426,932 a year. All About Management Consulting Salaries - Career in Consulting This one is pretty straight forward and makes sense after all, you are a Partner in a Partnership, so overall performance will matter. Potential bonuses can be from $90,000 to $130,000. Average salaries for Boston Consulting Group Partner And Managing Director: [salary]. Dive into the principles that shape our business. If you don't make it by the time you are 50 or if you join Continue Reading 39 Ashrut Arya CA Final Student Author has 180 answers and 836.7K answer views 4 y Related Along with the opportunity to work at the cutting-edge of business, a typical BCG consultant salary hits a lucrative six-figures. Mayank Jha - Managing Director and Partner - Boston Consulting Group .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 2,95,93,447 - 3,18,30,968 look to you? 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. The company works with clients from the public and private as well as not-for-profit sectors in all areas. Boston Consulting Group Managing Director And Partner Salaries in BCG often looks for candidates with certain qualities, especially in times of crisis. I missed the well-rounded people at BCGtheir immense creativity and outgoing energyand although I worked with some great people in my other roles, I hadnt experienced anything else like BCG." "I thought about returning to BCG almost the whole time I was away. Total Compensation. Bad year? Plus technique overviews and premium 1-on-1 Expert coaching. A BCG associate principal salary sits at around $275-to-$350,000, while BCG partner salary prospects start at around $375,000 and go up to $500-to-$700,000 for a senior partner with potential bonuses of over $500,000. The lowest-paying job at Boston Consulting Group is a Research Associate with a salary of 33,471 per year. Here's how much you'll make at McKinsey, Bain and BCG in the U.S. In other developed countries, the figure fluctuates from $60,000 to $100,000 (profit sharing not included). - Gregory Boison, Managing Director and Partner Hence, if this is where your passion lies and you think youre cut out for it, go for it! This is the starting figure that almost every partner is guaranteed to make. Moreover, the firm also gave 18,000 travel points as a bonus to the consultants this spring. - Katie Williams, Senior Director Operations Manager Salary (4 salaries) 19.7L 6.6L 35.5L . In addition, their performance bonuses are more than $500,000 a year. Managing Director and Partner, Global Chief Economist New York Philipp Carlsson-Szlezak is Boston Consulting Group's Global Chief Economist. Also, it's worth calling out that the specifics of these formulas are closely guarded at every firm. Complete H1B Salaries information for the Boston Consulting Group INC with Minimum, Average and Maximum Salaries given by Job Title . They support and consult with their clients regarding good opportunities and addressing challenges by providing expert opinions and analysis based on their expertise. They are a company providing people with jobs, a salary, and even a retirement plan. North America Leader, Tech Capital, Principal Investors and Private . BGC PARTNERS INC Executive Salaries & Other Compensation - Salary.com Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Boston Consulting Group Partner And Managing Director Salaries in Crete Their bonuses lie between $350,000 and $550,000. Boston Consulting Group Managing Director And Partner Salaries in New Know Your Worth. Case collaboration: This is an interesting one and the firms all have various ways of rewarding Partners for collaborating with each other on cases. Quick answer: between $500K - $5M. The average salary for a Partner and Managing Director is $155,358 per year in United States, which is 70% lower than the average Boston Consulting Group salary of $518,441 per year for this job. Consulting Based on 544 salaries Senior Associate 152 salaries Consultant 145 salaries View More Research & Science Based on 376 salaries Analyst 62 salaries Partner, total compensation: $500K - $1M, Sr. Boston Consulting Group Partner And Managing Director Salaries in Red With four to five years out of MBA, this is the second promotion for BCG employees. Based on [count] salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in Worsley. What We Offer | BCG Culture & Values | BCG Careers, Get started with your Free Employer Profile, All Partner and Managing Director Salaries, average salary for a Partner and Managing Director is $155,358 per year in United States, The Ultimate Job Interview Preparation Guide. In India, a new McKinsey/BCG/Bain partner makes around 1.5 Crores a year. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does US$368,997 - US$645,338 look to you? The estimated hourly pay at Boston Consulting Group ranges from approximately $11.34 per hour for Project Manager to $88.05 per hour for Data Engineer.. The latest news as of August 2021 is that BCG is bumping their base pay by $10,000 for consultants and associates. At BCG India, we.css-epvm6{white-space:nowrap;}.css-epvm6{white-space:nowrap;} More, Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. That's a rare thing to find at other places." What We Offer | BCG Culture & Values | BCG Careers. Written by RocketBlocks experts. They provide their services across the world to various businesses and help clients with their unique challenges. Principal After spending two to three years with the company and completing MBA, employees can earn this promotion. BCG Project Leader yearly salary in the US can be up to $266,000, with $178,000 from base, $60,000 from bonuses and $18,000 from profit sharing. This is much lower than the average a US consultant makes, which is $165,000. The estimated base pay is $225,883 per year. Since joining BCG almost 20 years ago, Ted has built extensive expertise advising leading Chinese . The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Here is a summary: <br><br>1. I've written a lot about the consulting career path and for anyone interested in what the salary and responsibility ladder looks like you can see that here. HR Jobs & Career Opportunities | BCG Careers Employees who work in the corporate management organizational function tend to get paid the most at at BGC Partners, earning an average yearly salary of $186,338. MBA hires can also expect between an interest-free relocation payment, and $10,930 per year into their 401k retirement fund. How Much Can a Partner at Mckinsey, BCG Or Bain Actually Make? Boston Consulting Group Partner And Managing Director Salaries Sek-loong Tan - Managing Director and Partner - Boston Consulting Group Please try again later. The COVID-19 pandemic has also changed the way we workgood news for potential BCG hires who have adapted during the crisis. Jobs Join now Sign in Chris Stutzman Managing Director and Partner at BCG X, North America lead BCG X Design New York, New York, United States . What does AP comp and lifestyle look like? and their pay differs accordingly. Specifically, which practice the partner is within (eg PE due diligence, implementation, pure strategy, digital, HR / change management). Average salary for Boston Consulting Group Managing Director And Partner in New York City: US$502,050. BCG Partner Salary. BCG has firms set up in numerous places across the globe. Each promotion to a higher level will also coincide with a salary leap. Its a prerequisite,. This estimate is based upon 2 Boston Consulting Group Partner and Managing Director salary report(s) provided by employees or estimated based upon statistical methods. Further details of this event have been sent to your previously entered email address. Their MBA peers joining BCG can earn a performance bonus of up to $50,000 and have a signing bonus of $30,000. How accurate does 2,96,00,169 - 3,15,19,615 look to you? San Francisco, California. Any managing directors willing to talk about their | Fishbowl The salary figures in this article are for those joining management consulting positions in 2023. Boston Consulting Group Partner And Managing Director Salaries Ted is a Partner and Managing Director of The Boston Consulting Group and now leads BCG's Globalization Practice in Greater China.Ted also led BCG's Strategy and Corporate Development practices in Greater China between 2009 and 2014. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Director. This article is updated annually. This estimate is based upon 1 Boston Consulting Group Managing Director/Partner salary report (s) provided by employees or estimated based upon statistical methods. Consulting Salary 2020: How much a Consultant earns post-MBA? - e-GMAT 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 Things like recruiting take up a huge amount of time. But, if youre in it for the long run, this is it, and this is now. Sumit Sharma - Managing Director & Partner - LinkedIn BCG, MD are generally partner equivalent The comp is a bit different with Big4 firms and partner type firms. BCG Project Leader Salary in 12 countries 2016 in US Dollar Equivalents, BCG Project Leader salary in 12 countries 2016 in US dollar equivalents. Your input helps Glassdoor refine our pay estimates over time. A shared commitment to our core values. BCG stands for Boston Consulting Group, which is an American management consulting firm. BCG Consultant yearly salary in the US can be up to $215,500, with $165,000 from base, $41,500 from bonuses and $9,000 from profit sharing. Sample answers from ex-McKinsey, BCG and Bain consultants. Based on 1 salaries posted anonymously by Boston Consulting Group Partner And Managing Director employees in Crete, IL. The UK does not have the same dynamic solid. What We Offer | BCG Culture & Values | BCG Careers, Get started with your Free Employer Profile, All Partner and Managing Director Salaries, average salary for a Partner and Managing Director is $155,358 per year in United States, The Ultimate Job Interview Preparation Guide. - Katie Williams, Senior Director That's a rare thing to find at other places." Management Consulting: How much do partners at McKinsey, BCG - Quora The average Boston Consulting Group salary ranges from approximately 33,471 per year for a Research Associate to 168,252 per year for a Principal. Firm / office contributions: How much work are you doing to build the firm itself, further its brand (eg research, press, conferences), drive recruiting (eg run West coast recruiting), etc. Boston Consulting Group Managing Director and Partner Salaries I missed the well-rounded people at BCGtheir immense creativity and outgoing energyand although I worked with some great people in my other roles, I hadnt experienced anything else like BCG." Get a free, personalized salary estimate based on today's job market. Base: $90,000 (UK: 71,000, India: 1,600,000), Performance Bonus: up to $18,000 (UK: 6,000, 300,000), Retirement: Profit-sharing deposited into 401k account, Base: $165,000 (UK: 90,000) (Australia: A$160,000) (China: 700,000), Performance Bonus: up to $41,500 (UK: up to 25,000) (Australia: up to A$61,500)(China: 260,000), Profit Sharing: up to $9,000 (China: up to 200,000), Retirement:$10,000 into 401k (UK: up to 9% match) (Australia: A$16,000), Signing Bonus: $30,000 (UK: 15,000) (Australia: up to A$40,000), Relocation: $2,000-8,000 (Australia: up to A$7,500). Hello everyone, Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. What do they all have in common? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. BCG consultant salaries and bonuses tend to grow by 10-to-20% each year. Related Searches:All Partner and Managing Director Salaries|All Boston Consulting Group Salaries. According to Management Consulted, in top consulting firms you can typically expect a 10-to-20% increase in your base compensation and/or performance bonuses each year. Nov 2016 - Present6 years 5 months. Are you looking for a workplace that supports your personal growth even after you leave? Accomplished management consultant and business leader with 21+ years experience across diverse geographies including Europe, Asia Pacific, Middle East, Africa and Emerging Markets, known to be highly skilled in building . Jobs in the United States | Careers | Boston Consulting Group - BCG Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. In addition, those who spent 2020 getting used to this new way of conducting business and living will help them get hired into the BCG. You're in the right place. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Managing Director/Partner salaries at Boston Consulting Group can range from 2,95,02,089-3,19,09,799. Based on 9547 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in New York City. BCG Gamma Salary BCG Gamma is a division of BCG focusing on data science and advanced analytics. They have a salary of $250,000-320,000 with performance bonuses around $120,000 to $220,000. I missed the well-rounded people at BCGtheir immense creativity and outgoing energyand although I worked with some great people in my other roles, I hadnt experienced anything else like BCG." Working at BCG has so much to offer. Dive into the principles that shape our business. BCG Managing Director Salaries in India | AmbitionBox BCG Associate yearly salary in the US can be up to $112,500, with $90,000 from base, $18,000 from bonuses and $4,500 from profit sharing. At Bain, they have a similar tiering: junior partners are called "Operational VPs" and senior partners are "Directors.". This year BCG moved up the rankings to #2 overall and ranked 1st place in an impressive 9 practice areas. This includes metropolitan areas like Atlanta, Philadelphia, etc. The average salary for a Partner and Managing Director is US$493,526 per year in New York City, NY, United States, which is 1% lower than the average Boston Consulting Group salary of US$502,050 per year for this job. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does 2,96,00,169 - 3,15,19,615 look to you? This employer has claimed their Employer Profile and is engaged in the Glassdoor community. I am a core member of the Industrial Goods, Operations and Climate and Sustainability practices. Manage Settings BCG Director Salaries in India | AmbitionBox 48 Group Club. There are various career levels at BCG like associate, consultant, project leader, partner, etc. Thinking of moving from BCG to Mckinsey. Save my name, email, and website in this browser for the next time I comment. The cybersecurity landscape continues to develop at a rapid rate. based on 13 latest salaries. .css-1qxtz39{font-size:12px;}Reported in 1 salaries. Average salary for Boston Consulting Group Partner And Managing Director in Crete: US$379,540. The base salary provided by BCG is $200,000 to $220,000. The ins and outs of a successful cybersecurity, The ins and outs of a successful cybersecurity career, An associate partner's base salary is around $300K to $400K, A junior partners base salary is around $400k - $500k, A senior partners base salary is around $500k - $650k. Stock Bonus, Commission Sharing, Tips have not been reported for this role. The screening process provides a resume, a cover letter, a one-way interview with HR, and a BCG potential test. OK year? Are you looking for a workplace that supports your personal growth even after you leave? Finally, it's worth noting that the senior partner range isn't evenly distributed. Managing Director and Partner. Salary estimates are based on 13 latest salaries received from various employees of BCG. Time is split across several teams to give content and . The average Boston Consulting Group salary ranges from approximately 33,471 per year for, The highest-paying job at Boston Consulting Group is, The lowest-paying job at Boston Consulting Group is, Get started with your Free Employer Profile, Partner and Managing Director salaries - 2 salaries reported, Managing Partner salaries - 2 salaries reported, Partner Managing Director salaries - 1 salaries reported, Managing Director and Partner salaries - 1 salaries reported, Senior Partner and Managing Director salaries - 1 salaries reported. It may occur before the interviews.