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Managing Consultant Salary

Compensation for Managing Consultants in the United States is generous, with average pay surpassing six figures annually ($119K). Overall cash earnings of Managing Consultants stretch from $89K near the bottom to $195K at the top, and the heftiest packages can encompass around $31K each from bonuses and profit sharing. Location is the main element affecting pay for this group — years of experience and the specific company are driving factors as well. There are far more male Managing Consultants survey respondents than women, making up 81 percent. Almost all get medical and dental insurance, and a fair number get vision plans, too. Most Managing Consultants like their work and job satisfaction is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$83,593 - $170,994
(Median)
$84K
$120K
$170K
MEDIAN: $118,626
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
$83,593 - $170,994  
   
Bonus
$2,493 - $30,562  
Profit Sharing
$1,510 - $29,933  
Commission
$1,474 - $41,116  
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).
)
$88,990 - $195,082  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 357

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United States (change)


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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


Although salaries only range from $112K to just $183K, IBM Global Services still offers the highest pay with a median paycheck of $143K.

The lowest salaries can be found at Navigant Consulting, Inc. — median pay is $101K — and there is little variation in compensation, with paychecks starting at $82K and only reaching $140K.

Popular Skills for Managing Consultant


Survey results show that Managing Consultants use a fair number of skills. Most notably, skills in Consulting Management, Business Strategy, Project Management, and IT Consulting are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Human Resources and Strategy also typically command lower compensation. The majority of those who know Consulting Management also know IT Consulting.

Pay by Experience Level for Managing Consultant

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


For many Managing Consultants, extensive experience does not lead to significantly more money. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $107K. After working for 10 to 20 years, Managing Consultants make a median salary of $137K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Managing Consultant with more than 20 years of experience can earn $157K on average.

Pay Difference by Location


Managing Consultants will find that Boston offers an impressive pay rate, one which exceeds the national average by 31 percent. Managing Consultants will also find cushy salaries in Seattle (+19 percent), Philadelphia (+19 percent), Atlanta (+18 percent), and Houston (+17 percent). Location is a huge contributor to overall pay, with Managing Consultants in Raleigh earning a whopping 20 percent below the national average. Workers in Los Angeles and Washington earn salaries that trail the national average for those in this profession (15 percent less and 11 percent less, respectively).

Managing Consultant Advice

What do you wish you knew about your job when you first started out?

Managing Consultant in Columbus:
"Business knowledge."
Learn as much about the business as possible. The technical knowledge is great, but strong communication, networking, and business acumen is what will separate you from the other technical folks.

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United States (change)

Experience Affects Managing Consultant Salaries



National Average
$126,000


Entry-Level
up arrow 16%

Skills That Affect Managing Consultant Salaries


Business Strategy
up arrow 8%

Project Management
up arrow 2%

IT Consulting
up arrow 1%

Data Analysis
0%

National Average
$126,000

Program Management
up arrow 2%

Change Management
up arrow 3%

Strategy
up arrow 4%

Human Resources
up arrow 6%

Financial Analysis
up arrow 20%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 70 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
27%
10-19 years
49%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 93% dental benefits Dental: 88%
vision benefits Vision: 79% employee benefits None: 6%
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