Compare McKinsey & Company vs Bain & Company BETA

See how working at McKinsey & Company vs. Bain & Company compares on a variety of workplace factors. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. All salaries and reviews are posted by employees working at McKinsey & Company vs. Bain & Company. Learn more about each company and apply to jobs near you.
McKinsey & Company company icon

McKinsey & Company

Bain & Company company icon

Bain & Company

Employee Ratings

  • Bain & Company scored higher in 9 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook.
Overall Rating
(full-time and part-time employees only)
Overall Rating
(full-time and part-time employees only)
4.4
(based on 4040 reviews)
Overall Rating
(full-time and part-time employees only)
4.6
(based on 2952 reviews)
Career Opportunities
Career Opportunities
4.5
Career Opportunities
4.7
Compensation & Benefits
Compensation & Benefits
4.4
Compensation & Benefits
4.6
Work-life balance
Work-life balance
3.1
Work-life balance
3.5
Bain & Company employees rated their Work-life balance 0.4 higher than McKinsey & Company employees rated theirs.
Senior Management
Senior Management
4.1
Senior Management
4.4
Bain & Company employees rated their Senior Management 0.3 higher than McKinsey & Company employees rated theirs.
Culture & Values
Culture & Values
4.4
Culture & Values
4.7
Bain & Company employees rated their Culture & Values 0.3 higher than McKinsey & Company employees rated theirs.
CEO Approval
CEO Approval
McKinsey & Company Ceo Kevin Sneader
96%
96%Kevin Sneader
CEO Approval
Bain & Company Ceo Manny Maceda
98%
98%Manny Maceda
% Recommend to a friend
% Recommend to a friend
90%
% Recommend to a friend
94%
Bain & Company employees rated their % Recommend to a friend 4% higher than McKinsey & Company employees rated theirs.
Positive Business Outlook
Positive Business Outlook
85%
Positive Business Outlook
90%
Bain & Company employees rated their Positive Business Outlook 5% higher than McKinsey & Company employees rated theirs.

Salaries

Of the top 3 common jobs between the two companies, Bain & Company salaries averaged A$42,517 higher than McKinsey & Company.
Salaries for similar jobs
Salaries for similar jobs
Consultant1 Salaries
A$80,000/yr
Associate17 Salaries
A$160,000/yr
Business Analyst13 Salaries
A$98,059/yr
Salaries for similar jobs
Consultant26 Salaries
A$155,000/yr
Associate2 Salaries
A$125,759/yr
Manager4 Salaries
A$184,850/yr

What Employees Say

  • "Smart people" was the most mentioned Pro at McKinsey & Company.
  • "Great people" was the most mentioned Pro at Bain & Company.
  • McKinsey & Company had 74 more reviews than Bain & Company that mentioned "Long hours" as a Con.
Pros
Pros
"Smart people"(in 231 reviews)
"Great place"(in 137 reviews)
Pros
"Great people"(in 203 reviews)
Cons
Cons
"Long hours"(in 164 reviews)
"Lots of travel"(in 155 reviews)
Cons
"Long hours"(in 90 reviews)
"Working hours"(in 61 reviews)
Featured Review
"Awesome firm"20 Jun 2020

Former Employee - Corporate Manager, Strategy

I worked at McKinsey & Company full-time

Pros

Best working environment for young professionals

Cons

Life style is a big issue

Former Employee - Consultant

I worked at Bain & Company full-time for more than a year

Pros

- Really friendly people - Lot of activities for your class - Huge class sizes - A lot of on-line learning, especially with the hot tools such as Tableau and Alteryx which all consultants must... know how to use

Cons

- Having worked at a smaller firm, the leverage model isnt great. At Bain, I really only worked on cases with a higher leverage model. So I was learning from someone who knew less than I did as the... firm follows strict ranking hierarchy - MekkoGraphics is by and far inferior to ThinkCell. Need to think about the productivity loss.

Advice to Management

Be careful with your lateral hires, especially from other consulting firms. Don't discount their experience. I know there is a Bain way, but there are other ways as well. If you've always been a... Bainie, you'll lack appreciation for other ways to solve a problem.

Job Postings

McKinsey & Company has 1,011 more recently posted open jobs than Bain & Company.