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Entry-Level Business Consultant Salary

The average Entry-Level Business Consultant earns approximately $61K annually. Final cash compensation to Entry-Level Business Consultants varies from around $41K to approximately $96K; choice pay grades include potential for bonuses and profit sharing as high as $13K and $10K, respectively. The company is the biggest factor affecting pay for this group, followed by geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most Entry-Level Business Consultants report high levels of job satisfaction. Entry-Level Business Consultants who participated in the survey are largely men, dominating at 66 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
$41,395 - $88,085
(Median)
41K
51K
61K
73K
88K
MEDIAN: $61,312
10%
25%
50%
75%
90%

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$12.54 - $96.96
(Median)
13
39
97
MEDIAN: $24.00
10%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33K$66K$99K
Salary
$41,395 - $88,085  
   
Bonus
$0.00 - $12,559  
Profit Sharing
$296.96 - $9,955  
Commission
$500 - $20,347  
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).
)
$41,116 - $96,212  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,037
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$33$66$99
Hourly Rate
$12.54 - $96.96  
   
Overtime
$15.38 - $87.70  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Bonus
$0.00 - $12,559  
   
Commission
$500 - $20,347  
Profit Sharing
$296.96 - $9,955  
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).
)
$41,116 - $96,212  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 102
United States (change)

Management Consultant Job Listings

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Popular Employer Salaries for Entry-Level Business Consultant


Deloitte & Touche LLP, Booz, Allen, and Hamilton, EY (Ernst & Young), Deloitte Consulting LLP, and Sapient Corporation are top-notch employers for Entry-Level Business Consultants in this area. McKinsey & Company, Inc. offers the highest compensation with a median salary of $84K. Other employers shelling out big bucks include Deloitte Consulting LLP, Deloitte, and EY (Ernst & Young), where Entry-Level Business Consultants typically earn around $75K, $73K, or $68K, respectively.

Also sliding in at the lower end of the scale are Booz, Allen, and Hamilton ($59K), Deloitte & Touche LLP ($63K), and Sapient Corporation ($66K).

Pay Difference by Location


Los Angeles is home to an above-average pay rate for Entry-Level Business Consultants, 26 percent higher than the national average. Entry-Level Business Consultants can also look forward to large paychecks in cities like San Francisco (+23 percent), New York (+15 percent), Chicago (+11 percent), and Boston (+7 percent). The lowest-paying market is Denver, which sits 13 percent below the national average. Not at the bottom but still paying below the median are employers in Minneapolis and Louisville (11 percent lower and 10 percent lower, respectively).

Skills That Affect Entry-Level Business Consultant Salaries

Requirements Analysis
up arrow 12%

Financial Analysis
up arrow 9%

Strategic Planning
up arrow 8%

Process Improvement
up arrow 6%

IT Consulting
up arrow 6%


Data Analysis
up arrow 4%

Business Strategy
up arrow 3%

Project Management
up arrow 2%

Operations Management
up arrow 2%

Microsoft Excel
up arrow 1%

National Average
$63,000

Business Intelligence
up arrow 1%

Accounting
up arrow 1%

Microsoft Office
up arrow 3%

Business Development
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 203 votes.

Gender

Female
34 %
Male
66 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 11%