Commissions comprise a big part of overall income for Managing Consultants. The median take-home amount in this area is around $123K, and on average, more than a third of that final number comes from commissions. Total cash compensation to Managing Consultants bottoms out near $92K and approaches $175K on the high end; the biggest paychecks include approximately $31K from bonuses and almost $42K from profit sharing. While years of experience and the individual firm impact pay for this group, geography is the most influential factor. Most Managing Consultants like their work and job satisfaction is high. Generally, women make up less than a third of all Managing Consultants who answered the questionnnaire. Medical benefits are awarded to almost all, and a large number earn dental coverage.

$87,488 - $158,296
$87K
$120K
$160K
MEDIAN: $117,671
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
$87,488 - $158,296  
   
Bonus
$2,002 - $30,861  
Profit Sharing
$1,291 - $42,282  
Commission
$45,000  
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).
)
$92,323 - $175,052  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 262

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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


International Business Machines (IBM) Corp. pays the most with a median salary of $122K, though there is little variation overall ($93K to $156K).

Salaries are easily beat at Navigant Consulting, Inc., where median pay comes to just $98K, the lowest in the field. What's more, with base pay starting at $86K and ending at $124K, range in salary is rather small.

Popular Skills for Managing Consultant


Managing Consultants seem to require a rather large skill set. Most notably, facility with Security Testing and Auditing, Strategic Planning, and Business Strategy are correlated to pay that is significantly above average, leading to increases of 30 percent, 14 percent, and 7 percent, respectively. At the other end of the pay range are skills like Financial Analysis, Data Analysis, and Project Management. 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 does not seem to be a strong driver of pay increase in this role. Individuals who have worked for fewer than five years report earning $101K on average, a generous six-figure sum for those just starting out. Managing Consultants with one to two decades of relevant experience report an average salary of approximately $129K. Managing Consultants who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $134K on average.

Pay Difference by Location

National Average: $122,587

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

Home to some of the best pay for Managing Consultants, Philadelphia offers exceptional salaries, 21 percent above the national average. Managing Consultants will also find cushy salaries in Dallas (+9 percent), Miami (+8 percent), San Francisco (+6 percent), and Seattle (+6 percent). The lowest-paying market is Raleigh, which sits 18 percent below the national average. Workers in Chicago and Atlanta earn salaries that trail the national average for those in this profession (5 percent less and 4 percent less, respectively).

Related Job Salaries

Key Stats for Managing Consultant

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.
1-4 years
11%
5-9 years
28%
10-19 years
45%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Managing Consultant Salaries



National Average
$123,000



Skills That Affect Managing Consultant Salaries

Security Testing and Auditing
up arrow 30%

Strategic Planning
up arrow 14%

Business Strategy
up arrow 7%


Program Management
up arrow 1%

Change Management
0%

National Average
$123,000


Strategy
up arrow 1%

Human Resources
up arrow 3%



Financial Analysis
up arrow 17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

1-4 years
11%
5-9 years
28%
10-19 years
45%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 88%
vision benefits
Vision: 78%
dental benefits
None: 3%
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