Managing Consultant Salary

Managing Consultants in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $119K) surpassing six figures annually. With some bonuses and profit sharing proceeds approaching $32K each, total incomes of Managing Consultants generally range from $89K to $199K depending on individual performance. While tenure and the particular employer impact pay for this group, geography is the most influential factor. Making up 77 percent of those who took the survey, male Managing Consultants greatly outnumber their female counterparts. Almost all report receiving medical and dental coverage from their employers and a fair number collect vision insurance. Most Managing Consultants like their work and job satisfaction is high.

$84,373 - $171,800
(Median)
$84K
$120K
$170K
MEDIAN: $118,547
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$70K$140K$210K
Salary
$84,373 - $171,800  
   
Bonus
$2,466 - $32,150  
Profit Sharing
$2,000 - $30,723  
Commission
$24,000  
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).
)
$89,338 - $199,467  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 456
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Job Description for Managing Consultant

Managing consultant perform a wide variety of tasks, such as researching, collecting and analyzing data, interviewing various people in relation to their client and the client's company, presenting solutions, aiding and implementing plans and solutions, and keeping clients updated on progress.

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Managing Consultant Job Listings

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Popular Employer Salaries for Managing Consultant


IBM Global Services pays the most with a median salary of $139K, though with a large amount of variation, going from a low of $102K to a high of $182K.

Employees at Navigant Consulting, Inc. take home the smallest paychecks, and $99K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $86K and quickly nearing the top at only $129K.

Popular Skills for Managing Consultant


Managing Consultants report using a deep pool of skills on the job. Most notably, skills in Strategic Planning, Business Strategy, Consulting Management, and IT Consulting are correlated to pay that is above average, with boosts between 4 percent and 11 percent. At the other end of the pay range are skills like Financial Analysis, Data Analysis, and Human Resources. The majority of those who know Consulting Management also know IT Consulting and Data Analysis.

Pay by Experience Level for Managing Consultant

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


Experience seems to be a major factor in determining the incomes of Managing Consultants. During the first five years of their careers, Managing Consultants see a median income of $103K. Survey respondents with five to 10 years of experience report an only modestly higher median of $115K. Managing Consultants see a median salary of $136K after reaching one to two decades on the job. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $155K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Pay Difference by Location

National Average: $125,899

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

For Managing Consultants, working in the bustling city of Boston has its advantages, including an above-average pay rate. Managing Consultants will also find cushy salaries in Philadelphia (+18 percent), Houston (+18 percent), Seattle (+16 percent), and New York (+6 percent). Managing Consultants in Raleigh earn salaries far below the national average by 20 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Below-median salaries also turn up in Los Angeles and Washington (10 percent lower and 7 percent lower, respectively).

Related Job Salaries

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Experience Affects Managing Consultant Salaries



National Average
$126,000



Skills That Affect Managing Consultant Salaries

Strategic Planning
up arrow 11%

Business Strategy
up arrow 9%

Consulting Management
up arrow 4%

IT Consulting
up arrow 3%

National Average
$126,000

Project Management
up arrow 1%

Change Management
up arrow 2%

Program Management
up arrow 2%

Strategy
up arrow 4%

Human Resources
up arrow 5%


Financial Analysis
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 79 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
0%
1-4 years
10%
5-9 years
27%
10-19 years
47%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 89%
medical benefits
Vision: 79%
dental benefits
None: 6%
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