Management Consultant Salary with Business Strategy skills

Six-figure salaries are the norm for Management Consultants with Business Strategy skills , with median pay hovering around $97K per year. Total cash compensation for Management Consultants with Business Strategy skills runs from $65K to $207K depending on bonuses that can occasionally exceed $32K and profit sharing that can reach almost $16K. Location is the main element affecting pay for this group — career length and the particular employer are driving factors as well. Most workers in this position report high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Making up 70 percent of those who took the survey, male Management Consultants with Business Strategy skills greatly outnumber their female counterparts. Respondents to the PayScale salary survey provided the data for this report.

$61,988 - $161,856
(Median)
$62K
$97K
$160K
MEDIAN: $97,120
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
$61,988 - $161,856  
   
Bonus
$2,021 - $32,300  
Profit Sharing
$1,949 - $16,341  
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).
)
$64,828 - $207,045  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 673
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
$2,021 - $32,300  
   
Profit Sharing
$1,949 - $16,341  
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).
)
$64,828 - $207,045  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 53
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Popular Employer Salaries for Management Consultant with Business Strategy skills


Deloitte Consulting LLP, Accenture, PricewaterhouseCoopers, Booz, Allen, and Hamilton, and EY (Ernst & Young) are all popular places to work. Management Consultants with Business Strategy skills seeking a sizable paycheck can earn the most at McKinsey & Company, Inc., where the average salary comes to $139K. Also paying near the top of the field are EY (Ernst & Young) at $126K, The Boston Consulting Group, Inc. at $119K, and International Business Machines (IBM) Corp., where Management Consultants with Business Strategy skills annually earn $112K.

Others at the bottom of the scale for this job include Booz, Allen, and Hamilton at $88K, 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.


For many Management Consultants with Business Strategy skills, more experience generally translates to higher pay. 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 who work for 10 to 20 years in their occupation tend to earn about $159K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $184K on average.

Pay Difference by Location


For Management Consultants with Business Strategy skills, busy San Jose offers a higher-than-average pay rate, 83 percent above the national average. Management Consultants with Business Strategy skills can also look forward to large paychecks in cities like Minneapolis (+80 percent), Dallas (+19 percent), Seattle (+14 percent), and Chicago (+12 percent). Arlington is the lowest-paying area, 12 percent south of the national average. Workers in Washington and Houston earn salaries that trail the national average for those in this profession (10 percent less and 9 percent less, respectively).

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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 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
14%

Common Health Benefits

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