Entry-Level Business Consultant Salary

A big portion of take-home pay for Entry-Level Business Consultants — close to one-third, in fact — arrives through commissions. This profession's median overall income is approximately $68K. Total cash earnings of Entry-Level Business Consultants range from $41K on the low end to $98K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $15K and $9K, respectively. The company 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 57 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Entry-Level Business Consultants like their work and job satisfaction is high. Participants in PayScale's salary questionnaire provided the particulars of this report.

$41,756 - $91,634
$42K
$66K
$92K
MEDIAN: $65,948
10%
50%
90%

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$14.05 - $49.90
$14
$24
$50
MEDIAN: $23.55
10%
50%
90%

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$0$98K
Salary $41,756 - $91,634
Bonus $786 - $14,547
Profit Sharing $10.21 - $8,507
Commission $2,035 - $71,216
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).
)
$41,311 - $98,066
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 1,040
Hourly Data $0$58
Hourly Rate $14.05 - $49.90
Overtime $18.55 - $58.17
Annual Data $0$98K
Bonus $786 - $14,547
Commission $2,035 - $71,216
Profit Sharing $10.21 - $8,507
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).
)
$41,311 - $98,066
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 121

Find Out Exactly What You Should Be Paid

United States (change)

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Business Consultant Job Listings

Popular Employer Salaries for Business Consultant


Leading companies who hire large numbers of Entry-Level Business Consultants include EY (Ernst & Young), International Business Machines (IBM) Corp., Humana, Inc., Deloitte & Touche LLP, and Booz, Allen, and Hamilton. Pay for Entry-Level Business Consultants is best at Slalom Consulting, which offers a median salary of $95K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $82K to $123K. Other big spenders include McKinsey & Company, Inc., 7-Eleven, Inc., and International Business Machines (IBM) Corp., top-paying firms where Entry-Level Business Consultants see paychecks nearing $84K, $83K, or $74K.

With a median salary of only $43K (less than half of the top paying company's rate), Cerner Corporation lags significantly in the earnings department. Workers at Perficient, Inc., CGI Federal, and Deloitte & Touche LLP also face smaller salaries than the rest of the field — average earnings for these employers come to $48K, $55K, and $59K respectively.

Pay Difference by Location

National Average: $67,542

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

Home to some of the best pay for Entry-Level Business Consultants, Los Angeles offers exceptional salaries, 26 percent above the national average. 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). One of the biggest compensable factors for Entry-Level Business Consultants is geography, with workers in Kansas City earning a whopping 36 percent below the national average. Employers pay around 15 percent less in Minneapolis and 5 percent less in Denver, below-median salaries for those in this field.

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
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 155 votes.
Less than 1 year
15%
1-4 years
69%
5-9 years
17%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Business Consultant Salaries




Client Interaction
▲7%

Requirements Analysis
▲7%


IT Consulting
▲5%



Strategic Planning
▼0%

National Average
$68,000





▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 155 votes.

Gender

Female
43 %
Male
57 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 75%
vision benefits
Vision: 67%
no benefits
None: 14%
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