Entry-Level Business Consultant Salary

Earnings for Entry-Level Business Consultants come in at around $62K annually on average. Cash earnings for Entry-Level Business Consultants — including $14K in bonuses and $10K in profit sharing proceeds near the top of the pay scale — generally stretch from $42K to $98K depending on individual performance. The particular firm is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Male Entry-Level Business Consultants who responded to the survey are more common than women; more than half (64 percent) are men. Job satisfaction is reported as high by the vast majority of workers. The information for this snapshot was generated by responses to the PayScale salary survey.

$41,888 - $89,260
(Median)
$42K
$62K
$89K
MEDIAN: $62,027
10%
50%
90%

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$12.84 - $85.00
(Median)
$13
$25
$85
MEDIAN: $24.00
10%
50%
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
$41,888 - $89,260  
   
Bonus
$0.00 - $13,631  
Profit Sharing
$350.00 - $9,933  
Commission
$491.32 - $19,832  
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).
)
$41,524 - $97,751  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,301
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$29$58$87
Hourly Rate
$12.84 - $85.00  
   
Overtime
$8.00 - $75.00  
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$60K$120K$180K
Bonus
$0.00 - $13,631  
   
Commission
$491.32 - $19,832  
Profit Sharing
$350.00 - $9,933  
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).
)
$41,524 - $97,751  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 124
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Popular Employer Salaries for Entry-Level Business Consultant


Deloitte & Touche LLP, Humana, Inc., EY (Ernst & Young), Booz, Allen, and Hamilton, and Deloitte are some prominent firms with considerable interest in employing a large team of Entry-Level Business Consultants. McKinsey & Company, Inc. offers the largest salaries in town — $84K on average. Entry-Level Business Consultants will also find cushy salaries at Deloitte Consulting LLP (+$77K), Deloitte (+$69K), and EY (Ernst & Young) (+$66K).

Others at the bottom of the scale for this job include Booz, Allen, and Hamilton at $59K, Protiviti Incorporated at $61K, and Sapient Corporation, where $65K is the norm.

Pay Difference by Location


With a pay rate for Entry-Level Business Consultants that is 22 percent greater than the national average, Los Angeles offers a comfortable salary for those in this profession. Entry-Level Business Consultants can also look forward to large paychecks in cities like San Francisco (+18 percent), New York (+14 percent), Houston (+9 percent), and Chicago (+9 percent). In Minneapolis, salaries are 8 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Atlanta and Denver (5 percent lower).

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Skills That Affect Entry-Level Business Consultant Salaries

Requirements Analysis
up arrow 9%


Strategic Planning
up arrow 7%

Financial Analysis
up arrow 6%

Process Improvement
up arrow 4%

Business Analysis
up arrow 3%

Project Management
up arrow 3%

IT Consulting
up arrow 3%

Business Strategy
up arrow 2%

Data Analysis
up arrow 2%

Operations Management
up arrow 2%

Microsoft Excel
0%

National Average
$64,000

Business Development
up arrow 3%

Accounting
up arrow 3%

Microsoft Office
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 213 votes.

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 11%
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