Management Consultant Salary

The average salary for a Management Consultant is $86,222 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. A skill in IT Consulting is associated with high pay for this job. Experience has a moderate effect on income for this job.

$55,622 - $144,165
$56K
$86K
$140K
MEDIAN: $86,222
10%
50%
90%

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$17.61 - $177.57
$18
$63
$180
MEDIAN: $62.57
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Salary
$55,622 - $144,165  
   
Bonus
$1,707 - $24,288  
Profit Sharing
$496.65 - $15,594  
Commission
$1,085 - $43,081  
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).
)
$56,001 - $169,468  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 2,910
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60$120$180
Hourly Rate
$17.61 - $177.57  
   
Hourly Tips
$2.22  
Overtime
$22.50 - $90.02  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$120K$240K$360K
Bonus
$1,707 - $24,288  
   
Commission
$1,085 - $43,081  
Profit Sharing
$496.65 - $15,594  
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).
)
$56,001 - $169,468  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 275
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Management Consultant

A management consultant helps a company improve aspects of business, such as productivity, management, and company image. The management consultant will identify current problems and potential risks and help the company to overcome them.

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Management Consultant Tasks

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

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

National Average: $92,495

Larger city markers indicate a job is popular in that location.

Management Consultant Reviews

Q: What is it like working as a Management Consultant?

Management Consultant in Livonia:
`"$Interesting work, employees I supervise are frustrating."`
Pros: Very flexible company, good opportunity for growth, executives are extremely helpful and perceptive.
Cons: Many management gaps and flaws. Almost not enough control over processes and goals.

Management Consultant in Alexandria:
`"$A great way to improve a client's adaptability."`
Pros: Watching a client improve their business and culture by implementing our concepts for organizational management and leadership.
Cons: A lot of travel.

Management Consultant in Atlanta:
`"$Lots of work. Not much in return."`
Pros: Some clients are fun. Clients will typically allow the consultants to participate in their ordeals.
Cons: Travel travel travel. It's fun for a while but it really wears you down after a while. Most people stay in this field a few years and jump ship. Bonuses may be paid to keep you around but my advice get out after a few years.

Related Job Salaries

Key Stats for Management Consultant

Gender

Female
37 %
Male
63 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 409 votes.
Less than 1 year
8%
1-4 years
40%
5-9 years
25%
10-19 years
17%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Management Consultant Salaries

▲68%

▲42%

▲16%

National Average
$92,000

▼15%

Skills That Affect Management Consultant Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 409 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
8%
1-4 years
40%
5-9 years
25%
10-19 years
17%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
vision benefits
Vision: 67%
dental benefits
None: 13%
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