Business Process / Management Consultant Salary
Commissions constitute a big slice (just over two-fifths on average) of overall compensation for Business Process Consultants, and the median take-home for this group lies near $84K. Cash earnings for Business Process Consultants — including $20K in bonuses and $15K in profit sharing proceeds near the top of the pay scale — generally stretch from $50K to $152K depending on individual performance. Earnings for this group are mostly affected by the specific employer, followed by experience level and location. Medical benefits are awarded to most, and a strong majority earn dental coverage. Women are just slightly outnumbered, with male Business Process Consultants making up 58 percent of survey respondents. Work is enjoyable for Business Process Consultants, who typically claim high levels of job satisfaction.
Job Description for Business Process / Management Consultant
Business process/management consultants seek to constantly evaluate the production process and improve on it in any way possible. These improvements can take the form of new equipment, staff, methods, and team building and mentoring. By working with the production and sales chains of a business, the business process/management consultants help eliminate unnecessary costs and increase communication between the different levels of operation.Read More...
Strong interpersonal communication skills are a must for business process/management consultants because their role is leadership-heavy and usually requires working with a production team and their management, and reviewing them in a manner that allows for impartial assessment and calculation. Being able to run meetings, create presentations, and create informational charts indicating where processes are lacking in efficiency will help on the job immensely.
Having a bachelor’s degree in business or engineering is a great way to begin preparing to become a business process/management consultant. More advanced/senior consultant positions may require a master’s degree and more extensive work experience in a related position or field. In addition, business consultants should have a strong command of computers and programs such as those in the Microsoft Office suite.
Business Process / Management Consultant Tasks
- Conduct organizational studies and evaluations to find inefficient business processes and programs.
- Design systems and procedures to more efficiently conduct an organization's practices and procedures.
Common Career Paths for Business Process / Management Consultant
It's not very common for Business Process Consultants to move on to become VPs of Operations. Average pay for a VP of Operations is $123K annually. Typical career progression for a Business Process Consultant involves becoming an Information Technology Project Manager or a Senior Professional Service Consultant, roles that pay $2K more and $14K more on average.
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Popular Employer Salaries for Business Process / Management Consultant
Leading companies who hire large numbers of Business Process Consultants include Booz, Allen, and Hamilton, Humana, Inc., EY (Ernst & Young), Protiviti Incorporated, and Deloitte Consulting LLP. Humana, Inc. pays the most with a median salary of $146K, though with a large amount of variation, going from a low of $52K to a high of $154K. Other big spenders include Deloitte & Touche LLP, Slalom Consulting, and Accenture, top-paying firms where Business Process Consultants see paychecks nearing $140K, $122K, or $115K.
Others at the bottom of the scale for this job include Protiviti Incorporated at $72K, and Booz, Allen, and Hamilton where $72K is the norm, but it is worth noting that some Business Process Consultants there earn up to $122K.
Popular Skills for Business Process / Management Consultant
Business Process Consultants seem to wield many skills on the job. Most notably, facility with Program Management, Business Process Engineering, and Change Management are correlated to pay that is significantly above average, leading to increases of 27 percent, 20 percent, and 16 percent, respectively. At the other end of the pay range are skills like Microsoft Word, Windows Operating System General Use, and Microsoft Office. Most people who know Process Improvement also know Business Analysis, Change Management, and Business Process Engineering.
Pay by Experience Level for Business Process / Management Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Those in the early stages of their career can expect to make around $71K; however, individuals with five to 10 years of experience bring in $96K on average — a distinctly larger sum. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $105K on average. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $124K on average.
Pay Difference by Location
Seattle offers some of the highest pay in the country for Business Process Consultants, 28 percent above the national average. Business Process Consultants can also look forward to large paychecks in cities like Denver (+21 percent), San Francisco (+21 percent), Minneapolis (+20 percent), and Philadelphia (+15 percent). The lowest-paying market is Arlington, which sits 8 percent below the national average. Not at the bottom but still paying below the median are employers in Austin and Atlanta (7 percent lower and 5 percent lower, respectively).
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Key Stats for Business Process / Management Consultant
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