Entry-Level Business Consultant Salary
Entry-Level Business Consultants pull down an average of $65K per year. In the world of Entry-Level Business Consultants, total cash compensation ranges from $42K on the lower end to $99K on the higher end; this includes bonuses that reach $14K and profit sharing that approaches $10K in rare cases, with some high rollers snagging commissions as high as $99K. The company and the particular city each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.
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Popular Employer Salaries for Business Consultant
Leading companies who hire large numbers of Entry-Level Business Consultants include EY (Ernst & Young), Humana, Inc., Deloitte & Touche LLP, Slalom Consulting, and International Business Machines (IBM) Corp. Salary cannot be beat at Slalom Consulting, where median pay comes to $88K. The range seems somewhat confined, however; the lower end sits at $75K, and the higher end is not far away at $121K. Entry-Level Business Consultants can also look forward to large paychecks at McKinsey & Company, Inc. ($84K), 7-Eleven, Inc. ($83K), and Deloitte Consulting LLP ($77K).
Not only do salaries lack room to grow — pay ranges from $40K to just $52K — but Cerner Corporation offers the lowest pay in town to boot, with a median paycheck of $43K. Perficient, Inc., Protiviti Incorporated, and Kaiser Permanente also scrape the bottom of the pay scale, with median earnings hovering around $48K, $60K, and $60K.
Pay Difference by Location
For those looking to make money, Entry-Level Business Consultants in Los Angeles enjoy an exceptional pay rate, 20 percent above the national average. Entry-Level Business Consultants will also find cushy salaries in New York (+18 percent), Houston (+17 percent), Chicago (+15 percent), and Seattle (+11 percent). Entry-Level Business Consultants in Kansas City report much lower salaries than the rest of the country — 35 percent below the national average — proving that residence is a major factor in overall pay. Employers pay around 12 percent less in Minneapolis and 3 percent less in Denver, below-median salaries for those in this field.