Management Consultant Salary with Business Strategy skills

Management Consultants with Business Strategy skills can expect to earn a very comfortable salary, with average salaries (in the ballpark of $97K) surpassing six figures annually. Total cash compensation to Management Consultants with Business Strategy skills approaches anywhere from $65K on the lower end to $206K on the higher end; in exceptional cases, this can include more than $31K from bonuses and upwards of $16K from profit sharing. Location is the main element affecting pay for this group — experience level and the individual firm are driving factors as well. Generally, women make up less than a third of all Management Consultants with Business Strategy skills who answered the questionnnaire. Most Management Consultants with Business Strategy skills like their work and job satisfaction is high. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$62,271 - $160,028
(Median)
$62K
$97K
$160K
MEDIAN: $96,754
10%
50%
90%

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$24.66 - $250.28
(Median)
$25
$100
$250
MEDIAN: $102.00
10%
50%
90%

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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$70K$140K$210K
Salary
$62,271 - $160,028  
   
Bonus
$2,036 - $31,106  
Profit Sharing
$1,953 - $16,107  
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).
)
$65,280 - $205,652  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 688
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$90$180$270
Hourly Rate
$24.66 - $250.28  
   
Overtime
$22.89 - $194.42  
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$180K$360K$540K
Bonus
$2,036 - $31,106  
   
Profit Sharing
$1,953 - $16,107  
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).
)
$65,280 - $205,652  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 53
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Popular Employer Salaries for Management Consultant with Business Strategy skills


Known for taking on a considerable number of Management Consultants with Business Strategy skills, Deloitte Consulting LLP, Accenture, PricewaterhouseCoopers, Booz, Allen, and Hamilton, and EY (Ernst & Young) are leading firms in the industry. Management Consultants with Business Strategy skills flock to McKinsey & Company, Inc. for generous paychecks, where average earnings of $139K lead the pack in compensation. Other employers shelling out big bucks include Slalom Consulting, EY (Ernst & Young), and The Boston Consulting Group, Inc., where Management Consultants with Business Strategy skills typically earn around $137K, $126K, or $119K, respectively.

With a median salary of only $88K, Booz, Allen, and Hamilton pays the least. It seems that the compensation range of $61K to $121K isn't that wide, either. Others at the bottom of the scale for this job include Deloitte at $91K, and PricewaterhouseCoopers where $92K is the norm, but it is worth noting that some Management Consultants with Business Strategy skills there earn up to $212K.

Pay by Experience Level for Management Consultant with Business Strategy skills

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


Management Consultants with Business Strategy skills with a lot of experience tend to enjoy higher earnings. Whereas the median salary for inexperienced employees is approximately $88K, incomes in the five-to-10 year group are significantly higher, averaging to the comfortable six-figure sum of $118K. Management Consultants with Business Strategy skills with one to two decades of relevant experience report an average salary of approximately $157K. 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 $184K.

Pay Difference by Location


Home to some of the best pay for Management Consultants with Business Strategy skills, San Jose offers exceptional salaries, 84 percent above the national average. Management Consultants with Business Strategy skills can also look forward to large paychecks in cities like Minneapolis (+75 percent), Dallas (+22 percent), Seattle (+15 percent), and Atlanta (+15 percent). Arlington ranks last in the field for pay, reporting salaries 11 percent below the national average. Below-median salaries also turn up in Washington and Houston (11 percent lower and 8 percent lower, respectively).

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Experience Affects Management Consultant with Business Strategy skills Salaries

Late-Career
up arrow 70%



National Average
$108,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 138 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
6%
1-4 years
38%
5-9 years
25%
10-19 years
17%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 77%
vision benefits Vision: 67% employee benefits None: 13%
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