Managing Consultant Salary

Average pay for a Managing Consultant in the United States is considerable, rounding six figures at $118K per year. With some bonuses and profit sharing proceeds approaching $30K each, total incomes of Managing Consultants generally range from $89K to $194K depending on individual performance. Earnings for this group are mostly affected by geographic location, followed by tenure and the particular employer. Most workers in this position report high levels of job satisfaction. Generally, women make up less than a third of all Managing Consultants who answered the questionnnaire. Nearly all receive medical and dental insurance and a strong majority get vision plans.

$83,072 - $169,613
(Median)
$83K
$120K
$170K
MEDIAN: $117,836
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
$83,072 - $169,613  
   
Bonus
$2,451 - $30,389  
Profit Sharing
$1,546 - $30,050  
Commission
$1,474 - $40,695  
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).
)
$88,630 - $193,689  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 378
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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


Managing Consultants in search of the best pay head to IBM Global Services, where the median salary rolls in at $142K. Although pay is top-notch overall, it does seem to be curbed at $183K, which isn't dramatically higher than the lower-end figure of $106K.

Managing Consultants will find the worst pay at Navigant Consulting, Inc., where the median salary crawls in at $100K. Furthermore, compensation is curbed at $134K, leaving little room for growth.

Popular Skills for Managing Consultant


Managing Consultants seem to require a number of specific skills. Most notably, skills in Business Strategy, Consulting Management, IT Consulting, and Data Analysis are correlated to pay that is above average, with boosts between 4 percent and 9 percent. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Human Resources and Strategy also typically command lower compensation. It is often found that people who know Consulting Management are also skilled in IT Consulting.

Pay by Experience Level for Managing Consultant

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


Managing Consultants do not generally earn higher incomes from more experience in the field. Folks who are navigating the first five years of their careers have a median salary of approximately $105K in this position. Those who have been around for five to 10 years don't get much more, though; the median salary in that group is $115K. For Managing Consultants, 10 to 20 years of experience on the job amounts to an average salary of $135K. Veterans who have worked for more than two decades do tend to make the most in the end; the median pay for this group is $157K.

Pay Difference by Location


Boston is home to an above-average pay rate for Managing Consultants, 32 percent higher than the national average. Managing Consultants can also look forward to large paychecks in cities like Philadelphia (+21 percent), Atlanta (+19 percent), Houston (+18 percent), and Seattle (+17 percent). The smallest paychecks in the market, 20 percent south of the national average, can be found in Raleigh. Two other places where employers offer below-median salaries are Los Angeles (14 percent less) and Washington (13 percent less).

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.

Related Job Salaries

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Experience Affects Managing Consultant Salaries



National Average
$125,000


Entry-Level
up arrow 16%

Skills That Affect Managing Consultant Salaries

Business Strategy
up arrow 9%


IT Consulting
up arrow 4%

Data Analysis
up arrow 1%

Project Management
0%

National Average
$125,000

Program Management
up arrow 1%

Change Management
up arrow 2%

Strategy
up arrow 3%

Human Resources
up arrow 5%

Financial Analysis
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
1%
1-4 years
10%
5-9 years
28%
10-19 years
48%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 88%
vision benefits Vision: 78% employee benefits None: 7%
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