Average salary for Boston Consulting Group Managing Director And Partner in New York City, NY, United States: [salary]. Managing Director and Partner, Global Chief Economist New York Philipp Carlsson-Szlezak is Boston Consulting Group's Global Chief Economist. Each stage of the hiring process needs to be carefully prepared: Online Application Potential Tests Fit Interview Case Interview. Director. A partners salary starts at $450,000 with a performance bonus of over $500,000. That's a rare thing to find at other places." Join us and unlock your potential to make a meaningful difference. So all in all, the total compensation for a junior partner can be between $500k and $1m. The estimated additional pay is $292,558 per year. Get started with your Free Employer Profile, All Partner and Managing Director Salaries, average salary for a Partner and Managing Director is US$493,526 per year in New York City, NY, United States, The Ultimate Job Interview Preparation Guide. Its a prerequisite,. Compare salaries for specific roles across different industries and areas of expertise. Based on 7 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in New York City, NY, United States. But, if youre in it for the long run, this is it, and this is now. Potential bonuses can be from $90,000 to $130,000. You'll find people from all walks of life at BCG. BCG Principal and Partner yearly salary in the US can be up to $1,150, with a base of up to $850,000 and bonuses up to $300,000. McKinsey - "Associate Partner" (AP) (formerly called "Associate Principal") BCG - "Principal". In the US, partners at Bain & Co can expect to make $324,000 annually in base . The estimated additional pay is $292,558 per year. 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. Consulting Based on 544 salaries Senior Associate 152 salaries Consultant 145 salaries View More Research & Science Based on 376 salaries Analyst 62 salaries MANAGING DIRECTOR AND PARTNER: 300,000: SAN FRANCISCO, CA: 05/20/2021: 10/01/2021: THE BOSTON CONSULTING GROUP INC: MANAGING DIRECTOR AND PARTNER: 300,000: NEW YORK, NY: The average based salary that partners in the United States can expect to receive is $344,000, with the total average salary being between $1m and $1.2m. Here are some practical guidelines to help increase your chance of getting hired: 18 lists of top consulting firms, on 18 different criteria, all updated for 2020 - size, prestige, salary, work/life balance, and even more. The consent submitted will only be used for data processing originating from this website. However, some places like New York and San Francisco exist where the cost of living is more expensive than in London. Explore BCG jobs today. Boston Consulting Group. Get started with your Free Employer Profile, The Ultimate Job Interview Preparation Guide. Answer (1 of 5): Answering from a U.S. perspective. No spam. Each promotion to a higher level will also coincide with a salary leap. Know Your Worth. What do I mean by this? Managing Director/Partner salaries at Boston Consulting Group can range from 2,96,00,169-3,15,19,615. Help our clients do amazing work while unlocking the potential of those who advance the world. Partner and Managing Director salaries at Boston Consulting Group can range from $368,997-$645,338. Stock Bonus, Commission Sharing, Tips have not been reported for this role. There are junior partners and senior partners. An incoming masters hire can expect a starting base salary of $110,000 at BCG. In other developed countries, the figure fluctuates from $110,000 to $200,000 (profit sharing not included). Company performance: how is the business performing overall? Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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." 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. Average salaries for Boston Consulting Group Managing Director And Partner: [salary]. That's a rare thing to find at other places." Average salaries for Boston Consulting Group Partner And Managing Director: [salary]. The lowest-paying job at Boston Consulting Group is a Research Associate with a salary of 33,471 per year. Related Searches:All Partner and Managing Director Salaries|All Boston Consulting Group Salaries. UK employees of the BCG tend to be behind the US employees when it comes to salary. Based on 9547 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in New York City. Additional pay could include bonus, stock, commission, profit sharing or tips. After spending two to three years with the company and completing MBA, employees can earn this promotion. 1x email per week - max. Zia Siddiqui, EU Business School MBA (pictured below): My department at BCG were looking for someone who could start immediately and I got my contract just after finishing my MBA. However, the pay in BCG usually ranges from $90,000 to $5 million. BCG stands for Boston Consulting Group, which is an American management consulting firm. Like the salaries, BGC UK employees typically have lower performance bonuses too. Plus technique overviews and premium 1-on-1 Expert coaching. BCG Project Leader Salary in 12 countries 2016 in US Dollar Equivalents, BCG Project Leader salary in 12 countries 2016 in US dollar equivalents. 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. Thats before the performance and signing bonuses that accompany annual salaries at the top consulting firms. -- Morgan Cummings Gray, McKinsey Engagement Manager. Partner, total compensation: $500K - $1M, Sr. One of the key attractions of joining the Boston Consulting Group is the BCG consultant salary prospects awaiting successful candidates. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. Average salary for Boston Consulting Group Partner And Managing Director in Red Bank, NJ: [salary]. Jr. I am a Managing Director & Senior Partner at Boston Consulting Group and lead BCG's Financial Institutions Practice in Switzerland. So it all depends on their base salaries and bonuses. When comparing average salaries with career levels, the data below shows the difference between each. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The additional pay consists of cash bonuses and profit sharing. Arthur U. Mbanefo. A shared commitment to our core values. Very good overall Health Insurance Package, 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. BCG Consultant salary in 7 countries 2016 in US dollar equivalents. - Katie Williams, Senior Director (Only 1% of applicants to McKinsey actually get hired.) Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Great year? 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'howigotjob_com-leader-2','ezslot_15',605,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-2-0'); Partners are the highest-paid BCG employees at $533,000, and interns are the lowest-paid employees at BCG with $35,000. Boston Consulting Group employees rate the overall compensation and benefits package 4.4/5 stars. What We Offer | BCG Culture & Values | BCG Careers. Managing Director & Partner at The Boston Consulting Group in India. This is for 1st-year consultants only, as reported by the Insider. This estimate is based upon 1 Boston Consulting Group Managing Director and Partner salary report (s) provided by employees or estimated based upon statistical methods. 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. Leaves are less. .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? .css-1qxtz39{font-size:12px;}Reported in 1 salaries. BCG's 25,000 employees, including 7,000 consultants, work from its over 90 offices around the globe. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. A partner can earn on average $533,000 with bonuses and all. Senior consultants with three to five years of experience earn an average of $109,000, A consultant who has only a year or two of experience makes an average of $62,000, Up to $4,400 per year in their $401,000 retirement account, $10,312 per year in their 401K retirement fund. BCG welcomes all applicants, even those with diverse work experience and with any intellectual discipline. 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 at BCG has so much to offer. Principal. 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. See all Managing Director/Partner salaries to learn how this stacks up in the market. Todays topic- BCG Partner Salary. Boston Consulting Group salary trends based on salaries posted anonymously by Boston Consulting Group employees. Are you looking for a workplace that supports your personal growth even after you leave? 13 percents of the salary are above $200K, . We and our partners use cookies to Store and/or access information on a device. An example of data being processed may be a unique identifier stored in a cookie. There may be a gap in pay between both countries because of the difference in public services like healthcare in the UK. Formed in 1953, the Club is the most prominent institute in the UK-China community aiming to promote the economic relation and help understand China. OK year? Project Leaders have a maximum annual salary of $266,000; Principals and Partners may earn up to $1,150,000.Such high salaries is a major point of attraction for the top job applicants to go for the Boston Consulting Group so if you are wondering what is BCG consultant salary is in different countries and at different positions, lets find out in this article. From a compensation perspective, it's a pretty nice picture and now you'll understand why all these firms are flooded with resumes! Partner, total compensation: $1M - $5M+. The salary figures in this article are for those joining management consulting positions in 2023. Boston Consultant Group is a vast company that ranges far and wide around the globe. Corporate members include major FTSE 100 companies who have established strategies for China. Complete H1B Salaries information for the Boston Consulting Group INC with Minimum, Average and Maximum Salaries given by Job Title . When you put all this together, you get a range of $150K - $5M for bonuses, a huge range!