Management Consultant Salary with Business Strategy skills

Generous salaries abound for Management Consultants with Business Strategy skills , with average pay above six figures ($97K) per year. Final cash compensation to Management Consultants with Business Strategy skills varies from around $64K to approximately $208K; choice pay grades include potential for bonuses and profit sharing as high as $35K and $15K, respectively. The most influential factor affecting pay for this group is location, though experience level and the particular employer have a (lesser) impact as well. Most Management Consultants with Business Strategy skills survey respondents are men (70 percent). A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Work is enjoyable for Management Consultants with Business Strategy skills, who typically claim high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$61,797 - $159,902
(Median)
$62K
$97K
$160K
MEDIAN: $96,912
10%
50%
90%

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$24.40 - $251.39
(Median)
$24
$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
$61,797 - $159,902  
   
Bonus
$2,021 - $34,735  
Profit Sharing
$1,953 - $15,465  
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).
)
$64,482 - $207,501  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 620
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
$24.40 - $251.39  
   
Overtime
$22.50 - $150.00  
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
$2,021 - $34,735  
   
Profit Sharing
$1,953 - $15,465  
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).
)
$64,482 - $207,501  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 49

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Popular Employer Salaries for Management Consultant with Business Strategy skills


Leading companies who hire large numbers of Management Consultants with Business Strategy skills include Deloitte Consulting LLP, Accenture, PricewaterhouseCoopers, Booz, Allen, and Hamilton, and International Business Machines (IBM) Corp. Heading up the field in terms of compensation, McKinsey & Company, Inc. offers the most; Management Consultants with Business Strategy skills earn $141K on average there. Other leaders in compensation levels are International Business Machines (IBM) Corp. at $117K, EY (Ernst & Young) at $113K, and The Boston Consulting Group, Inc., where Management Consultants with Business Strategy skills annually earn $107K.

The consistently lowest paying firm is Booz, Allen, and Hamilton, where the median salary is just $89K. There isn't much variation there, either; the pay scale ranges only from $61K to $122K. Other low-paying employers include PricewaterhouseCoopers at $93K and Accenture at $97K, though some Management Consultants with Business Strategy skills there earn up to $180K.

Pay by Experience Level for Management Consultant with Business Strategy skills

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


Experience is an important factor influencing the compensation of Management Consultants with Business Strategy skills. In this occupation, salaries for the relatively untested average out to $88K, but folks in the five-to-10 year range enjoy a much heftier median of $117K. The average pay reported by folks with 10 to 20 years of experience is around $160K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $185K.

Pay Difference by Location


With a pay rate for Management Consultants with Business Strategy skills that is 80 percent greater than the national average, Minneapolis offers a comfortable salary for those in this profession. Management Consultants with Business Strategy skills will also find cushy salaries in Dallas (+19 percent), Seattle (+16 percent), Chicago (+14 percent), and Portland (+13 percent). Arlington is home to the smallest salaries in the field, lagging the national average by 12 percent. Workers in Washington and Houston earn salaries that trail the national average for those in this profession (8 percent less).

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Experience Affects Management Consultant with Business Strategy skills Salaries

Late-Career
up arrow 70%



National Average
$109,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 136 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
7%
1-4 years
38%
5-9 years
26%
10-19 years
16%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 78%
vision benefits Vision: 68% employee benefits None: 12%