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
Many Management Consultants move into a Management Consultant role, and folks who currently hold that position report a much higher median income of $93K per year. A Business Process Consultant role is the most common promotion for Management Consultants moving up the ladder, and pay for the position tends to be around the $78K mark. Another typical, albeit less common, transition for Management Consultants is a Business Consultant position, where earnings are usually $73K.
Management Consultant Job Listings
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Popular Employer Salaries for Consultant, Business Process / Management
Management Consultants flock to Booz, Allen, and Hamilton, PricewaterhouseCoopers, Humana, Inc., EY (Ernst & Young), and Deloitte & Touche LLP, highly regarded companies that employ a generous number of people in this profession. Those at Accenture can expect to make the most, with the company offering a median salary of $82K. Management Consultants can also look forward to large paychecks at Deloitte ($76K), Humana, Inc. ($74K), and EY (Ernst & Young) ($73K).
Booz, Allen, and Hamilton, Deloitte & Touche LLP, and PricewaterhouseCoopers also scrape the bottom of the pay scale, with median earnings hovering around $60K, $60K, and $67K.
Popular Skills for Consultant, Business Process / Management
Management Consultants report using a pretty varied skill set on the job. 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, 21 percent, and 14 percent, respectively. Skills that pay less than market rate include Operations Management and Microsoft Excel. Those who learned Process Improvement also tend to know Project Management and Data Analysis. Most people who know Business Analysis also know Data Analysis and Business Strategy.
Pay by Experience Level for Consultant, Business Process / Management
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Management Consultants generally obtain higher compensation for more plentiful past experience. The average worker who claims fewer than five years of experience earns around $63K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $82K. The average pay reported by folks with 10 to 20 years of experience is around $98K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $116K.
Pay Difference by Location
Detroit offers some of the highest pay in the country for Management Consultants, 36 percent above the national average. Management Consultants will also find cushy salaries in Tampa (+34 percent), Indianapolis (+31 percent), Seattle (+20 percent), and Arlington (+18 percent). McLean is the lowest-paying area, 18 percent south of the national average. Not at the bottom but still paying below the median are employers in Pittsburgh and Atlanta (15 percent lower and 9 percent lower, respectively).