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Management Consultant Salary

The average salary for a Management Consultant is $86,460 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Skills that are associated with high pay for this job are Strategy Development, Strategy, and Business Strategy. Experience has a moderate effect on income for this job.
$54,953 - $140,382
(Median)
55K
67K
86K
120K
140K
MEDIAN: $86,459
10%
25%
50%
75%
90%

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$19.02 - $179.67
(Median)
19
65
100
180
MEDIAN: $65.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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$60K$120K$180K
Salary
$54,953 - $140,382  
   
Bonus
$979 - $27,223  
Profit Sharing
$1,006 - $15,170  
Commission
$2,200 - $85,000  
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).
)
$55,576 - $173,766  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 3,450
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$60$120$180
Hourly Rate
$19.02 - $179.67  
   
Overtime
$19.13 - $119.20  
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$120K$240K$360K
Bonus
$979 - $27,223  
   
Commission
$2,200 - $85,000  
Profit Sharing
$1,006 - $15,170  
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).
)
$55,576 - $173,766  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 345
United States (change)

Job Description for Management Consultant

Management consultants develop, recommend, and implement business improvements for companies. In order to do this, they consult with company leaders to identify the business's strengths and weaknesses in order to develop an improvement plan. Additionally, they train clients on business development processes. Occasionally management consultants will deal with modeling, analysis, and research for specific business design efforts. This is a highly team-focused career. Management consultants need to be customer-focused and able to communicate clearly, both verbally and in writing, with their clients. They need to be flexible and adaptable in order to accommodate their clients' specific needs. Candidates for these positions must have demonstrated strong leadership skills in previous positions, as management consulting is all about leadership and directing.

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Management Consultant Tasks

  • Train clients on business development processes.
  • May include modeling, analysis and research for specific business design efforts.
  • Develop, recommend and implement business improvements for companies.

Common Career Paths for Management Consultant


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Management Consultant Job Listings

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Popular Employer Salaries for Management Consultant

Popular Skills for Management Consultant

Pay by Experience Level for Management Consultant

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Related Job Salaries

Experience Affects Management Consultant Salaries




National Average
$94,000


Skills That Affect Management Consultant Salaries


up arrow 24%






Strategic Planning
up arrow 4%

Financial Analysis
up arrow 4%

Project Management
up arrow 3%

Business Analysis
0%

National Average
$94,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 879 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
7%
1-4 years
37%
5-9 years
27%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 65% employee benefits None: 11%