- Gregory Boison, Managing Director and Partner How much does a partner at McKinsey, BCG or Bain make? - RocketBlocks BCG Director Salaries in India | AmbitionBox They therefore operate as any other business owners. Your input helps Glassdoor refine our pay estimates over time. Your email address will not be published. Are you looking for a workplace that supports your personal growth even after you leave? Managing Director and Partner, Global Chief Economist New York Philipp Carlsson-Szlezak is Boston Consulting Group's Global Chief Economist. However, some places like New York and San Francisco exist where the cost of living is more expensive than in London. Stock Bonus, Commission Sharing, Tips have not been reported for this role. Get a free, personalized salary estimate based on today's job market. Save my name, email, and website in this browser for the next time I comment. Managing Director (MD) You generally "make partner (equity owner)" sometime between 35 and 50. The biggest perks are for: This firm hires people with broad business knowledge. Boston Consulting Group Salaries - Glassdoor Joining BCG comes with added perks that make landing a job after graduation even more lucrativethe firm is also listed as one of the world's best companies to work for by Glassdoor. What do they all have in common? Manage Settings Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. This article is updated annually. Help our clients do amazing work while unlocking the potential of those who advance the world. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. How accurate does 2,96,00,169 - 3,15,19,615 look to you? .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. No spam. The fun part though is in the details that drive that variance. - Gregory Boison, Managing Director and Partner 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. The estimated additional pay is $292,558 per year. Know Your Worth. Are you looking for a workplace that supports your personal growth even after you leave? However, the pay in BCG usually ranges from $90,000 to $5 million. BCG Project Leader salary (2020) Base: $178,000 Performance Bonus: Up to $60,000 Although MBB are very guarded when it comes to the actual formula when it comes to paying partners' annual salaries, the answer to the question is anywhere between $500k - $5m+. Overview Overview 7.1k Reviews 2.4k Jobs 9.5k Salaries 3.3k Interviews 1.7k Benefits 34 Photos. based on 13 latest salaries. That's a rare thing to find at other places." - Katie Williams, Senior Director .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? 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.. Managing Director & Partner at BCG | Global Topic Lead Climate & Sustainability in TCI | Climate Risk, Adaptation and Resilience Kln, Nordrhein-Westfalen, Deutschland. Average salary for Boston Consulting Group Managing Director And Partner in Toronto: $466,741. Entry-level consultants at BCG can earn up to $112,500 per year, while senior consultants can make up to $215,500. The estimated base pay is $225,883 per year. All About Management Consulting Salaries - Career in Consulting The COVID-19 pandemic has also changed the way we workgood news for potential BCG hires who have adapted during the crisis. This estimate is based upon 1 Boston Consulting Group Managing Director/Partner salary report(s) provided by employees or estimated based upon statistical methods. 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. Your input helps Glassdoor refine our pay estimates over time. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. And well never share your email. This is much lower than the average a US consultant makes, which is $165,000. Based on [count] salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in Worsley. How accurate does US$368,997 - US$645,338 look to you? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Managing Director/Partner salaries at Boston Consulting Group can range from 2,92,51,235-3,17,66,192. Specifically, which practice the partner is within (eg PE due diligence, implementation, pure strategy, digital, HR / change management). Boston Consulting Group Managing Director And Partner Salaries in These are new hires that have an undergraduate degree but lack an MBA or Ph.D. - Gregory Boison, Managing Director and Partner Its annual revenue in 2021 was $11 billion. .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? Masters-level hires tend to come in at the Bain business analyst salary level while MBA hires come in at the BCG associate salary level. BCG introduced "Partner" a couple years ago to reward people earlier. 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. We and our partners use cookies to Store and/or access information on a device. Board of Directors in BGC PARTNERS INC. For its 2021 fiscal year, BGC PARTNERS INC, listed the following board members on its annual proxy statement to the SEC. The qualities BCG looks for in candidates are qualities that are often valued during a time of crisis; resilience, focus on teamwork, and working well under pressure. That's a rare thing to find at other places." After spending two to three years with the company and completing MBA, employees can earn this promotion. Explore BCG jobs today. However, if you are an undergraduate student, you will most likely have to provide this test. BCG Consultant salary in 7 countries 2016 in US dollar equivalents. 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. .css-1qxtz39{font-size:12px;}Reported in 1 salaries. In other developed countries, the figure fluctuates from $60,000 to $100,000 (profit sharing not included). BCG Partner Salary. Average salaries for Boston Consulting Group Partner And Managing Director: [salary]. Stock Bonus, Commission Sharing, Tips have not been reported for this role. Managing Director and Partner at Boston Consulting Group (BCG) I Head of Biopharma Germany, Austria, Switzerland and Central Eastern Europe Frankfurt, Hessen, Deutschland 1354 Follower:innen 500+ Kontakte The Boston Consulting Groups characteristics in their consultants are that they are creative, impactful, passionate, and team players. Partner and Managing Director salaries at Boston Consulting Group can range from $368,997-$645,338. Dive into the principles that shape our business. Managing Director and Partner - BCG X - BCG X | LinkedIn This includes metropolitan areas like Atlanta, Philadelphia, etc. Principal Based on 7 salaries posted anonymously by Boston Consulting Group Managing Director And Partner employees in New York City, NY, United States. Management Consulting Salaries (2023) - Case Interview Get a free, personalized salary estimate based on today's job market. 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. MBA hires can also expect between an interest-free relocation payment, and $10,930 per year into their 401k retirement fund. A shared commitment to our core values. Since late 2021, I have served as the global leader for the firm's Strategy business. Engage in conversations about Partner and Managing Director pay with other professionals in the community. 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. - Katie Williams, Senior Director Firm bonus calculation To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Upon comparing salaries of the employees by location, Switzerland employees have the highest average salary as of March 2021.LocationAverage SalarySwitzerland$207,000USA$147,000Australia$145,000UAE$130,000Singapore$116,000Germany$114,000. Any managing directors willing to talk about their | Fishbowl The estimated total pay for a Partner and Managing Director at Boston Consulting Group is $518,961 per year. Boston Consulting Group Managing Director And Partner Salaries in 2K followers 500 . Answer (1 of 5): Answering from a U.S. perspective. The diagram above shows how pay varies per career level. 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. Boston Consulting Group Managing Director/Partner Salaries A shared commitment to our core values. Know Your Worth. BCG ME (Dubai, Doha, and Riyadh) is hiring across all cohorts (in particular Associates, Consultsnts, and Project leaders). BCG Partner Salary- A Salary Guide - How I Got The Job