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Bain & Company Got dinged after a final round AC interview with Bain & Company as an experienced hire with 1 YOE. Currently at $75k base salary and on average work 30-40 hours a week.
Considering $15-25k increase in salary, but double the number of work hours, is it worth reapplying to Bain next year or better to wait to apply until after business school?
What is first year partner compensation?
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Coach
BCG explicitly hires ppl with 3-5 Yoe and no mba as senior associates - it’s a role that only laterals can be hired into (associates are promoted directly to consultant). Upside is promo to consultant happens 0.5-1year quicker than associates and higher base salary. downside is little to no chance of mba sponsorship, higher expectations for ramp up time
Thanks!
Have seen it happening at Bain for lateral hires (who are not from consulting at all) but had sizeable start-up experience as founders
It is definitely possible, but quite unusual.
I’ve worked with a lateral hire from OW, which had left OW as a manager and joined Bain as a Senior Associate. (It was a downgrade, technically, with a ~15% pay decrease).
You can come in with tenure
I’ve seen it. For example, someone with a few years of experience entering as a second year associate, or a guy from OW post-MBA entering as a 2nd year consultant. Usually easier if you’re from a true strategy shop.
Many do it from our firm
This is a leveling question. This person is asking if you can move SA (T2) to C at BCG, the equivalent role. Answer is, I’ve seen it happen several times