Average pay for Management Consultants with Business Strategy skills is more than reasonable, with annual salaries pushing past the six-figure mark ($94K). With some bonuses approaching $24K and certain profit sharing proceeds approaching $29K, overall incomes of Management Consultants with Business Strategy skills spread between $65K and $178K depending on individual performance. While the particular city and the individual firm impact pay for this group, experience level is the most influential factor. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. There are more male Management Consultants with Business Strategy skills than female among those who completed the questionnaire, making up 68 percent. Job satisfaction for Management Consultants with Business Strategy skills is high. The data in this summary comes from the PayScale salary survey.

$60,842 - $150,432
(Median)
$61K
$94K
$150K
MEDIAN: $93,962
10%
50%
90%

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$20.13 - $248.32
(Median)
$20
$82
$250
MEDIAN: $82.00
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
$60,842 - $150,432  
   
Bonus
$2,002 - $24,333  
Profit Sharing
$995 - $29,492  
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).
)
$64,788 - $177,742  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 681
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$90$180$270
Hourly Rate
$20.13 - $248.32  
   
Overtime
$5.11 - $195.74  
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$180K$360K$540K
Bonus
$2,002 - $24,333  
   
Commission
$22,000  
Profit Sharing
$995 - $29,492  
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).
)
$64,788 - $177,742  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 36
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Popular Employer Salaries for Management Consultant


Dominating the field, Booz, Allen, and Hamilton, Accenture, PricewaterhouseCoopers, Deloitte Consulting LLP, and Slalom Consulting are top firms with a reputation for hiring a great number of Management Consultants with Business Strategy skills. Those at McKinsey & Company, Inc. can expect to make the most, with the company offering a median salary of $139K. Other employers shelling out big bucks include International Business Machines (IBM) Corp., The Boston Consulting Group, Inc., and Slalom Consulting, where Management Consultants with Business Strategy skills typically earn around $136K, $127K, or $125K, respectively.

Other low-paying employers include Capgemini Consulting at $77K and Booz, Allen, and Hamilton at $84K, though some Management Consultants with Business Strategy skills there earn up to $125K.

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 generally obtain higher compensation for more plentiful past experience. Individuals with fewer than five years of experience earn $85K on average, but those in the five-to-10 year group see a six-figure median of $119K. People with 10 to 20 years of experience make an average of about $140K in this role. Management Consultants with Business Strategy skills who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $175K.

Pay Difference by Location

National Average: $101,145

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

For Management Consultants with Business Strategy skills, busy San Jose offers a higher-than-average pay rate, 65 percent above the national average. Management Consultants with Business Strategy skills will also find cushy salaries in Austin (+31 percent), Atlanta (+26 percent), Denver (+23 percent), and Dallas (+21 percent). Trailing the national average by 12 percent, Philadelphia is the market with the smallest paychecks. Not at the bottom but still paying below the median are employers in Chicago and Washington (9 percent less).

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Experience Affects Management Consultant Salaries




National Average
$101,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 121 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
8%
1-4 years
39%
5-9 years
28%
10-19 years
15%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 76%
medical benefits
Vision: 68%
dental benefits
None: 12%
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