salary and responsibility ladder looks like you can see that here, Consulting career path, compensation and responsibilities, Recruiting: office selection considerations, Published: July 14, 2017 | Last updated: May 7, 2020. For example, in the future, you could imagine the base salary and bonus formula for an implementation partner or digital labs partner to be different than pure "strategy." Managing Director and Partner Boston Consulting Group (BCG) 2010 - Present13 years Canberra, Australia Previously based in BCG's London, Melbourne, Mumbai and Kuala Lumpur offices. That's a rare thing to find at other places." Managing Partner Salary (33 salaries) 233.9L 75.0L 500.0L. BCG appoints four to managing director & partner in MENA team Boston Consulting Group salary trends based on salaries posted anonymously by Boston Consulting Group employees. The fun part though is in the details that drive that variance. 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. Our Board - Save The Children Hong Kong Average Boston Consulting Group Director salary in India is 78.7 Lakhs for experience between 15 years to 21 years Director salary at Boston Consulting Group India ranges between 46.0 Lakhs to . based on 13 latest salaries. Boston Consulting Group Salaries in Hong Kong | Glassdoor .css-1qxtz39{font-size:12px;}Reported in 1 salaries. There are junior partners and senior partners. How accurate does 2,95,93,447 - 3,18,30,968 look to you? BCG introduced "Partner" a couple years ago to reward people earlier. .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? There is a steeper increase in compensation too when youre promoted to the next level. However, if you are an undergraduate student, you will most likely have to provide this test. What We Offer | BCG Culture & Values | BCG Careers. 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. This estimate is based upon 1 Boston Consulting Group Managing Director/Partner salary report (s) provided by employees or estimated based upon statistical methods. Read more about Consulting Salaries For MBA & Masters Graduates. Get a free, personalized salary estimate based on today's job market. Continue with Recommended Cookies. Sumit Sharma - Managing Director & Partner - LinkedIn Written by RocketBlocks experts. Find out what BCG consultant salary prospects are for MBA and masters graduates. The base salary provided by BCG is $200,000 to $220,000. If you are overcoming hardships, we wanna help! Every firm has a different way of calculating partner compensation, so it can vary but they all generally look at the same drivers: Cases sold: what business did you bring in? Boston Consulting Group Managing Director/Partner Salaries To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Description: after 2-4 years as a Project Manager (Level III), signals greater focus on relationship management and commercial skills. Thinking of moving from BCG to Mckinsey. North America Leader, Tech Capital, Principal Investors and Private . - Katie Williams, Senior Director The screening process provides a resume, a cover letter, a one-way interview with HR, and a BCG potential test. 13 percents of the salary are above $200K, . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'howigotjob_com-medrectangle-3','ezslot_6',191,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-medrectangle-3-0'); BCG is a company that provides consulting services. 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. 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. 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. How accurate does US$368,997 - US$645,338 look to you? BCG Consultant Salary | The Management Consulting Experts As a top consulting firm, BCG helps clients with total transformationdriving complex change, enabling organizations to grow, and driving bottom-line impact. Managing Director and Partner. BCG consultants in the UK earn on average 93,000, which roughly translates to $128,944 when this article was written. This is the third promotion and is also called the junior partner level. *Fiscal Year for US Dept of Labor starts from Oct 1st, ends Sep 30th. The information regarding salaries is specifically about BCG employees in the US. 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. Overview Overview 7.1k Reviews 2.4k Jobs 9.5k Salaries 3.3k Interviews 1.7k Benefits 34 Photos. Masters graduates can expect a performance bonus of up to $25,000 and a signing bonus of $5,000. Roles and Seniority at McKinsey / BCG / Bain - PrepLounge Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. See all Managing Director/Partner salaries to learn how this stacks up in the market. While it's not difficult to consider what variables go in, how they're weighted, adjusted, etc is a trade secret. (Only 1% of applicants to McKinsey actually get hired.) Save my name, email, and website in this browser for the next time I comment. So all in all, the total compensation for a junior partner can be between $500k and $1m. Managing Director and Partner - BCG X - BCG X | LinkedIn It is headquartered in Boston, Massachusetts, and was founded in 1963. You're in the right place. 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: UK employees of the BCG tend to be behind the US employees when it comes to salary. They therefore operate as any other business owners. Aman Wang - Managing Director and Partner - Boston Consulting Group Boston Consulting Group Partner And Managing Director Salaries in Red How much does Boston Consulting Group pay in the United States? - Indeed This article is updated annually. 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.. What We Offer | BCG Culture & Values | BCG Careers. New hires and consultants are expected to have an agile mindset, work with a team, and collaborate with colleagues since consultants need to know how to work in a virtual environment. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. They also get up to $4,400 per year dropped into their 401k retirement account as part of a profit-sharing initiative for employees. Working Student - Regional HR - Global Specialty Businesses 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." Salary estimates are based on 13 latest salaries received from various employees of BCG. The Boston Consulting Group Inc H1B Salary 2021. 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. Within Bain, given their strong PE due diligence practice, a little of this has already emerged: partners there can co-invest with PE firms (this is possible with Bain Cap but also other PE firms they work with). What is the difference between Managing Director and Partner in PwC? So after 2-3 years principal, you become a salaried partner and then after 2-3 years you become a Managing Director & Partner with equity in the firm. Average salary for Boston Consulting Group Managing Director And Partner in Worsley: [salary]. Based on 7 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in New York City, NY, United States. Principal BCG's 25,000 employees, including 7,000 consultants, work from its over 90 offices around the globe. Youll find similar colossal consultant salaries across all the Big Three consulting firms: Bain, Boston Consulting Group, and McKinsey. MBA hires are also given 15 days of paid time off a year at BCG. 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. Boston Consulting Group Managing Director And Partner Salaries in McKinsey - "Associate Partner" (AP) (formerly called "Associate Principal") BCG - "Principal". They vary only based on the level you are hired at (e.g., analyst, consultant, engagement manager). The latest news as of August 2021 is that BCG is bumping their base pay by $10,000 for consultants and associates. 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. My . Todays topic- BCG Partner Salary. Your input helps Glassdoor refine our pay estimates over time. Here is a summary: <br><br>1. And well never share your email. 48 Group Club. Join 90,000+ on the #1 consulting prep channel! How Much Can a Partner at Mckinsey, BCG Or Bain Actually Make? Note: Salaries for consulting roles can vary immensely. A shared commitment to our core values. Required fields are marked *. For a confidential discussion around salaries, market insights or talent availability, feel free to reach out to our strategy recruitment team. No spam. Total Compensation. One of the key attractions of joining the Boston Consulting Group is the BCG consultant salary prospects awaiting successful candidates. Find Salaries Hong Kong View as: Annual Pay Periods Annual Pay Periods Monthly Pay Periods Some of our partners may process your data as a part of their legitimate business interest without asking for consent. BCG .. can anyone tell me the difference between | Fishbowl Average salary for Boston Consulting Group Managing Director And Partner in New York City, NY, United States: [salary]. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Beyond is where we begin. They have a salary of $250,000-320,000 with performance bonuses around $120,000 to $220,000. A shared commitment to our core values. .css-1qxtz39{font-size:12px;}Reported in 1 salaries. In the US, partners at Bain & Co can expect to make $324,000 annually in base . This change will be brought about in October. The diagram above shows how pay varies per career level. Managing Director and Partner salaries at Boston Consulting Group can range from $448,010-$489,144. BCG Director Salaries in India | AmbitionBox Boston Consulting Group Managing Director And Partner Salaries in 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. International MBA -IE-SPAIN, COPYRIGHT 2023 BUSINESSBECAUSE LTD. ALL RIGHTS RESERVED, The data in this article was sourced from Management Consulteds 2023. I'm a core member of India's Financial Institutions Practice Area with experience in growth strategy, large scale transformations, digital journeys, sales & marketing excellence, people and organization and business and turnaround strategies across banks, NBFCs and asset management companies. Boston Consulting Group employees rate the overall compensation and benefits package 4.4/5 stars. Those who have set out on a, Preparing for an interview is crucial. A partners salary starts at $450,000 with a performance bonus of over $500,000. Between the beginning of 2015 and fall 2021, I led BCG in Switzerland and served on our Regional Leadership Team. You're in the right place. On Fishbowl, you can share insights and advice anonymously with Boston Consulting Group employees and get real answers from people on the inside.