Wages for Management Consultants with Business Strategy skills are generous, with average pay above six figures ($93K) per year. Total incomes of Management Consultants with Business Strategy skills incorporate potential for, in a few cases, more than $25K from bonuses and close to $30K from profit sharing; these performance components cause packages to range between $65K and $176K. While geography and the specific company impact pay for this group, career duration is the most influential factor. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of Management Consultants with Business Strategy skills claim high levels of job satisfaction. Male Management Consultants with Business Strategy skills are more prevalent than women among those who took the survey — 69 percent of professionals. The data in this summary comes from the PayScale salary survey.

$60,437 - $151,024
$60K
$93K
$150K
MEDIAN: $93,245
10%
50%
90%

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$20.73 - $218.16
$21
$80
$220
MEDIAN: $80.00
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
$60,437 - $151,024  
   
Bonus
$2,015 - $24,538  
Profit Sharing
$1,008 - $30,411  
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).
)
$64,636 - $176,400  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 692
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
$5.14 - $197.27  
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
$2,015 - $24,538  
   
Commission
$22,000  
Profit Sharing
$1,008 - $30,411  
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).
)
$64,636 - $176,400  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 33

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Popular Employer Salaries for Management Consultant


Booz, Allen, and Hamilton, PricewaterhouseCoopers, Deloitte Consulting LLP, Accenture, and EY (Ernst & Young) are top-notch employers for Management Consultants with Business Strategy skills in this area. McKinsey & Company, Inc. offers the highest compensation with a median salary of $139K. Management Consultants with Business Strategy skills can also look forward to large paychecks at International Business Machines (IBM) Corp. ($136K), Bain & Company Inc. ($135K), and The Boston Consulting Group, Inc. ($127K).

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 $124K.

Pay by Experience Level for Management Consultant

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


For many Management Consultants with Business Strategy skills, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Professionals with less than five years' experience earn a median of $85K annually, but folks with five to 10 years under their belts report a weighty six-figure median of $119K. Management Consultants with Business Strategy skills who work for 10 to 20 years in their occupation tend to earn about $142K. Seasoned veterans with 20 years under their belts enjoy a median income of $176K.

Pay Difference by Location

National Average: $100,667

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

San Jose is home to an above-average pay rate for Management Consultants with Business Strategy skills, 66 percent higher than the national average. Management Consultants with Business Strategy skills can also look forward to large paychecks in cities like Austin (+34 percent), Dallas (+20 percent), Los Angeles (+15 percent), and San Francisco (+14 percent). Those in the field find the lowest salaries in Washington, 11 percent below the national average. Arlington and Chicago are a couple other places where companies are known to pay below the median — salaries are 5 percent lower and 4 percent lower, respectively.

Key Stats for Management Consultant

Gender

Female
31 %
Male
69 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 118 votes.
039
Less than 1 year
8%
1-4 years
40%
5-9 years
29%
10-19 years
15%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Management Consultant Salaries




National Average
$101,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 118 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
8%
1-4 years
40%
5-9 years
29%
10-19 years
15%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 76%
vision benefits
Vision: 68%
dental benefits
None: 11%
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