Management Consultant with Business Strategy Skills Salary

Management Consultants with Business Strategy skills receive generous compensation — earning an average of $93K per year, their standard salaries shoot well into the six-figure range. With some bonuses approaching $25K and certain profit sharing proceeds approaching $31K, overall incomes of Management Consultants with Business Strategy skills spread between $64K and $179K depending on individual performance. Compensation for this group is mainly affected by career duration, but geography and the particular employer are influential factors as well. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Job satisfaction for Management Consultants with Business Strategy skills is high. Male Management Consultants with Business Strategy skills are more prevalent than women among those who took the survey — 69 percent of professionals. Respondents to the PayScale salary survey provided the data for this report.

$59,630 - $151,969
$60K
$93K
$150K
MEDIAN: $92,737
10%
50%
90%

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$20.73 - $218.16
$21
$85
$220
MEDIAN: $85.00
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
$59,630 - $151,969  
   
Bonus
$2,027 - $24,715  
Profit Sharing
$1,006 - $30,913  
Commission
$22,000  
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).
)
$64,282 - $178,638  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 681
© 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$80$160$240
Hourly Rate
$20.73 - $218.16  
   
Overtime
$12.58 - $198.66  
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$160K$320K$480K
Bonus
$2,027 - $24,715  
   
Commission
$22,000  
Profit Sharing
$1,006 - $30,913  
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).
)
$64,282 - $178,638  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 33
© PayScale, Inc. @ www.payscale.com

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Popular Employer Salaries for Management Consultant


Booz, Allen, and Hamilton, Deloitte Consulting LLP, PricewaterhouseCoopers, Accenture, and EY (Ernst & Young) are some prominent firms with considerable interest in employing a large team of Management Consultants with Business Strategy skills. International Business Machines (IBM) Corp. leads the field in terms of pay, with a median salary of $136K. Soaring salaries can also be found at Bain & Company Inc., The Boston Consulting Group, Inc., and Slalom Consulting, where earnings of $135K, $127K, or $124K are standard for Management Consultants with Business Strategy skills.

Others at the bottom of the scale for this job include KPMG, LLP at $73K, and Booz, Allen, and Hamilton where $74K is the norm, but it is worth noting that some Management Consultants with Business Strategy skills there earn up to $123K.

Pay by Experience Level for Management Consultant

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


Management Consultants with Business Strategy skills who reported more years of relevant experience also reported higher earnings. Folks with fewer than five years of experience earn around $84K on average, but respondents who have racked up five to 10 years benefit from a six-figure median of $120K. People with 10 to 20 years of experience make an average of about $145K in this role. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $177K.

Pay Difference by Location

National Average: $100,433

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

Surpassing the national average by 66 percent, Management Consultants with Business Strategy skills in San Jose receive some of the highest pay in the country. Management Consultants with Business Strategy skills can also look forward to large paychecks in cities like Austin (+35 percent), Dallas (+21 percent), Los Angeles (+19 percent), and Denver (+17 percent). With compensation 13 percent below the national average, Washington is not known for hefty paychecks and actually represents the lowest-paying market. Two other places where employers offer below-median salaries are Chicago (7 percent less) and Arlington (4 percent less).

Key Stats for Management Consultant

Gender

Female
31 %
Male
69 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.
Less than 1 year
8%
1-4 years
41%
5-9 years
28%
10-19 years
14%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Management Consultant Salaries

▲77%

▲44%

▲19%

National Average
$100,000

▼16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 117 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
8%
1-4 years
41%
5-9 years
28%
10-19 years
14%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
vision benefits
Vision: 67%
dental benefits
None: 11%
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