Business Consultant Salary

A Business Consultant earns an average salary of $71,254 per year. The skills that increase pay for this job the most are IT Consulting, Requirements Analysis, and Operations Management. Most people with this job move on to other positions after 20 years in this field.

$44,339 - $108,723
$44K
$72K
$110K
MEDIAN: $71,561
10%
50%
90%

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$15.45 - $126.71
$15
$35
$130
MEDIAN: $35.03
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$44,339 - $108,723  
   
Bonus
$927 - $19,197  
Profit Sharing
$294.79 - $10,391  
Commission
$2,043 - $99,016  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,094 - $124,045  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 1,798
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$15.45 - $126.71  
   
Hourly Tips
$14.29  
Overtime
$22.92 - $76.23  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$927 - $19,197  
   
Commission
$2,043 - $99,016  
Profit Sharing
$294.79 - $10,391  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$44,094 - $124,045  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 247

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United States (change)

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Job Description for Business Consultant

Problem-solving expertise plays an important part in how successful the company is or can be. Though a business consultant can specialize in many different areas, their duties typically are somewhat similar. Most of the time, these consultants are hired during the start-up process of a new business, and it is their job to revitalize and organize the company to help it run more efficiently. Business consultants also may be in charge of improving a part of the business that is in dire straits. In some cases, the consultants will have to teach the employees how to use specific software to improve efficiency.

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Business Consultant Tasks

  • Coordinate with partners to ensure overall business solution is positioned and implemented on a global scale.
  • Build rapport with external vendors in order to support business objectives.
  • Develop and update high-level roadmap of business initiatives and goals.
  • Modify programs to enhance likelihood of meeting business goals.
  • Balance customer requests and requirements with technical constraints.

Common Career Paths for Business Consultant


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Pay by Experience Level for Business Consultant

Pay by Experience for a Business Consultant has a positive trend. An entry-level Business Consultant with less than 5 years of experience can expect to earn an average total compensation of $67,000 based on 1,163 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $82,000 based on 595 salaries. An experienced Business Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $92,000 based on 431 salaries. A Business Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $101,000 based on 179 salaries.

Pay Difference by Location

National Average: $75,418

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Business Consultant

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 267 votes.
Less than 1 year
9%
1-4 years
40%
5-9 years
23%
10-19 years
19%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Consultant Salaries

▲34%

▲23%

▲8%

National Average
$75,000

▼11%

Skills That Affect Business Consultant Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 267 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
9%
1-4 years
40%
5-9 years
23%
10-19 years
19%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 72%
vision benefits
Vision: 65%
no benefits
None: 17%
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