When it comes to location, the highest average paycheck (around $114K annually) can be spotted in San Francisco, Calif.; Chicago, Ill. ($85K), New York, N.Y. (approximately $83K), and Houston, Texas ($80K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Atlanta, Ga. — at about $43K, salaries are some of the lowest in the country. By state, the highest compensation levels appear in California, where the average salary is $110K per year.
Years of Experience
Survey participants who have worked at The Boston Consulting Group, Inc. for between five and 10 years earn $82K annually on average. Overall, the greater share of The Boston Consulting Group, Inc. folks have one to four years of experience and earn an average approximately $68K per year.
Bringing in the most money are Knowledge Analysts — their earnings average $82K annually. Business Process Consultants are a close second at $81K along with Strategy Consultants (about $80K) and Management Consultants (around $80K). Earning only about $42K on average, Administrative Assistants make less than most people in the company.
Certifications and Degrees
The highest-paying degree here is a Master of Business Administration (MBA), Entrepreneurship; The Boston Consulting Group, Inc. awards $135K to these degree-holders.
The highest-paying skill to have in this role seems to be Business Analysis; employees claiming this as part of the toolbox earn a median of $105K per year. Business Strategy also popped up often in the survey as an important skill; a little less than a fifth of employees surveyed report using it at work. Many workers usually know Project Management, Microsoft Excel, and Data Analysis as well.
Benefits and Perks
Paid time off is in short supply here, with only 38 percent receiving paid vacation and 29 percent receiving paid sick days. A fair number of employees plan for retirement by taking advantage of the company-sponsored 401(k) program. Nearly all survey participants receive health insurance, and a large number of employees get dental coverage. Perks also include a subsidized cell phone, free drinks, tuition reimbursement, and life insurance.