Entry-Level Business Consultant Salary

In a profession for which the median take-home is approximately $67K, over a third of overall earnings for Entry-Level Business Consultants arrives through commissions. Total cash compensation to Entry-Level Business Consultants approaches anywhere from $41K on the lower end to $98K on the higher end; in exceptional cases, this can include more than $12K from bonuses and upwards of $10K from profit sharing. The specific employer is the biggest factor affecting pay for this group, followed by geography. Men working as Entry-Level Business Consultants who took the survey just slightly outnumber women at 58 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.

$41,490 - $92,440
$41K
$65K
$92K
MEDIAN: $65,473
10%
50%
90%

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$12.88 - $48.75
$13
$23
$49
MEDIAN: $22.97
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$33K$66K$99K
Salary
$41,490 - $92,440  
   
Bonus
$971 - $12,361  
Profit Sharing
$9.79 - $10,085  
Commission
$2,007 - $72,553  
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).
)
$41,317 - $97,998  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 1,050
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$20$40$60
Hourly Rate
$12.88 - $48.75  
   
Overtime
$19.50 - $57.46  
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$50K$100K$150K
Bonus
$971 - $12,361  
   
Commission
$2,007 - $72,553  
Profit Sharing
$9.79 - $10,085  
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).
)
$41,317 - $97,998  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 113

Find Out Exactly What You Should Be Paid

United States (change)

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Popular Employer Salaries for Business Consultant


EY (Ernst & Young), International Business Machines (IBM) Corp., Humana, Inc., Deloitte & Touche LLP, and Booz, Allen, and Hamilton are top-notch employers for Entry-Level Business Consultants in this area. Although Slalom Consulting offers the highest salaries (median pay is $95K), survey participants reported a rather limited pay range of $82K to $123K. Also paying near the top of the field are McKinsey & Company, Inc. at $84K, 7-Eleven, Inc. at $83K, and International Business Machines (IBM) Corp., where Entry-Level Business Consultants annually earn $74K.

Cerner Corporation pays significantly less than other places with a median salary of $43K, less than half of the top paying company's rate. Employees at Perficient, Inc., CGI Federal, and Deloitte & Touche LLP can also expect below-average earnings of $48K, $55K, and $59K.

Pay Difference by Location

National Average: $67,408

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

For Entry-Level Business Consultants, working in the bustling city of Los Angeles has its advantages, including an above-average pay rate. Entry-Level Business Consultants can also look forward to large paychecks in cities like New York (+15 percent), Houston (+14 percent), Boston (+13 percent), and Washington (+11 percent). The lowest-paying market is Kansas City, which sits 36 percent below the national average, proving that location is a significant contributor to overall pay. Employers also pay below the national average in Minneapolis (15 percent lower) and Denver (5 percent lower).

Business Consultant Advice

Q: What do you wish you knew about your job when you first started out?

Business Consultant in Salem:
"Suck it up."
Hustle. People do this kind of job to work less hard and end up with a bad name for themselves.

Business Consultant in Houston:
"Stay positive, and act professionally at all times."
In my case, I started in the advertising trenches where we had to cut and past the add. We did not have graphic designers to do our work for us and we did all of our paperwork before leaving home at night, so sometimes it was a late night. My advice it to never give up on your dream: ever. No matter how hard the climb, climb it. You can do anything you set your mind to.

Key Stats for Business Consultant

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 141 votes.
Less than 1 year
16%
1-4 years
69%
5-9 years
16%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Business Consultant Salaries




Client Interaction
▲7%

Requirements Analysis
▲7%


IT Consulting
▲6%



Strategic Planning
▼0%

National Average
$67,000





▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 141 votes.

Gender

Female
42 %
Male
58 %

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
vision benefits
Vision: 68%
no benefits
None: 13%