Consultant, Business Process / Management Salary
Job Description for Consultant, Business Process / Management
A business process management (BPM) consultant is responsible for systematically improving an organization's productivity by examining the interdependent parts of a system. They host discussions with process participants and help managers understand what value would be gained from a business product management (BPM) solution. The BPM consultant uses BPM tools to build and implement customer-defined applications. They also must be able to establish and maintain effective working relationships with clients and vendors. Some of this work may require travel.Read More...
A BPM consultant should understand consulting principles and be able to work independently and with a team. They should be skilled in business process analysis and be able to use tools to capture as-is business processes. They should also learn BPM tools and proprietary products. They need to submit accurate and on-time reports of time and expenses; they must be able to deliver scalable, sound BPM solutions. Most employers look for someone with a bachelor’s degre with a focus on education, computer science, information technology (IT) process management, or a related field. Solid oral and written communication skills are also needed.
Consultant, Business Process / Management Tasks
- Coordinate with partners to ensure overall business solution is positioned and implemented on a global scale.
- Build rapport with external vendors in order to support business objectives.
- Develop and update high-level roadmap of business initiatives and goals.
- Modify programs to enhance likelihood of meeting business goals.
- Balance customer requests and requirements with technical constraints.
Common Career Paths for Consultant, Business Process / Management
Management Consultants often transition into Management Consultant positions, for which compensation tends to be much higher. On average, Management Consultants earn $93K per year. Becoming a Business Process Consultant is, more often than not, the most common role that Management Consultants move into when they're ready for the next step in their career. The average salary for the position is $78K. Another frequent advance is for Management Consultants to assume a Business Consultant role; in this role, workers often earn $73K.
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Popular Employer Salaries for Consultant, Business Process / Management
Leading companies who hire large numbers of Management Consultants include PricewaterhouseCoopers, Booz, Allen, and Hamilton, Humana, Inc., EY (Ernst & Young), and Deloitte & Touche LLP. Accenture leads the field in terms of pay, with a median salary of $82K. Those in search of high salaries should also consider Deloitte, Humana, Inc., and EY (Ernst & Young), top-paying firms where Management Consultants rake in a respectable $76K, $74K, or $73K, respectively.
Others at the bottom of the scale for this job include Deloitte & Touche LLP at $60K, and Booz, Allen, and Hamilton where $62K is the norm, but it is worth noting that some Management Consultants there earn up to $129K.
Popular Skills for Consultant, Business Process / Management
Survey results suggest that Management Consultants put a wide range of professional skills to use. Most notably, facility with Business Process Engineering, Change Management, and Business Strategy are correlated to pay that is significantly above average, leading to increases of 32 percent, 19 percent, and 13 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Operations Management and Microsoft Excel. Those familiar with Business Analysis also tend to know Data Analysis and Business Strategy. Those proficient in Process Improvement are, more often than not, also skilled in Project Management and Data Analysis.
Pay by Experience Level for Consultant, Business Process / Management
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Management Consultants, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Survey participants with less than five years' experience pocket $64K on average, but those with five to 10 years of experience enjoy a much bigger median of $84K. On average, Management Consultants make $98K following one to two decades on the job. Management Consultants who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $100K.
Pay Difference by Location
Detroit offers some of the highest pay in the country for Management Consultants, 34 percent above the national average. Management Consultants can also look forward to large paychecks in cities like Tampa (+32 percent), Indianapolis (+30 percent), Atlanta (+29 percent), and Chicago (+25 percent). McLean is the lowest-paying area, 18 percent south of the national average. Employers also pay below the national average in Pittsburgh (16 percent lower) and Louisville (5 percent lower).
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