Entry-Level Business Consultant Salary

Median pay for Entry-Level Business Consultants is around $62K per year. Cash earnings for Entry-Level Business Consultants — which occasionally include more than $14K from bonuses and more than $10K from profit sharing — stretch from around $41K to approximately $97K. The company and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Men account for the majority of Entry-Level Business Consultants who responded to the questionnaire — 64 percent to be exact. For the most part, Entry-Level Business Consultants enjoy their work and report high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.

$41,911 - $88,920
(Median)
$42K
$62K
$89K
MEDIAN: $62,036
10%
50%
90%

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$12.36 - $84.72
(Median)
$12
$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
$41,911 - $88,920  
   
Bonus
$0.00 - $13,524  
Profit Sharing
$387.83 - $9,919  
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).
)
$41,466 - $97,366  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,310
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
$12.36 - $84.72  
   
Overtime
$8.07 - $74.50  
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 - $13,524  
   
Commission
$491.32 - $19,832  
Profit Sharing
$387.83 - $9,919  
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).
)
$41,466 - $97,366  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 125
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Popular Employer Salaries for Entry-Level Business Consultant


Leading companies who hire large numbers of Entry-Level Business Consultants include Deloitte & Touche LLP, Humana, Inc., EY (Ernst & Young), Booz, Allen, and Hamilton, and Deloitte. The biggest paychecks can be found at McKinsey & Company, Inc. — the median salary there is $84K. Entry-Level Business Consultants will also find cushy salaries at Deloitte Consulting LLP (+$77K), Deloitte (+$69K), and EY (Ernst & Young) (+$68K).

Also approaching the lower end are Booz, Allen, and Hamilton at $59K, Protiviti Incorporated at $60K, and Sapient Corporation at $65K.

Pay Difference by Location


Surpassing the national average by 19 percent, Entry-Level Business Consultants in Los Angeles receive some of the highest pay in the country. Entry-Level Business Consultants will also find cushy salaries in San Francisco (+19 percent), New York (+15 percent), Chicago (+9 percent), and Houston (+9 percent). With compensation 8 percent below the national average, Minneapolis is not known for hefty paychecks and actually represents the lowest-paying market. Employers also pay below the national average 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%

Business Analysis
up arrow 4%

Process Improvement
up arrow 4%

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 2%

Microsoft Office
up arrow 4%

Accounting
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 211 votes.

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 12%
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