Managing Consultant Salary

Salaries for Managing Consultants in the United States are generous, with average pay above six figures ($118K) per year. The range in cash compensation to Managing Consultants ($89K to $193K) includes potential earnings of $30K each from bonuses and profit sharing in exceptional cases. This group's pay is mainly influenced by location, followed by tenure and the particular employer. Generally, women make up less than a third of all Managing Consultants who answered the questionnnaire. Most workers in this position report high levels of job satisfaction. Almost all report receiving medical and dental coverage from their employers and a fair number collect vision insurance. The data in this summary comes from the PayScale salary survey.

$83,347 - $169,613

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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
$83,347 - $169,613  
   
Bonus
$2,455 - $30,430  
Profit Sharing
$1,532 - $29,799  
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).
)
$88,860 - $192,890  
Country: United States | Currency: USD | Updated: 18 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


Although IBM Global Services offers the highest salaries (median pay is $142K), survey participants reported a rather limited pay range of $106K to $183K.

Not only do salaries lack room to grow — pay ranges from $84K to just $134K — but Navigant Consulting, Inc. offers the lowest pay in town to boot, with a median paycheck of $100K.

Popular Skills for Managing Consultant


Managing Consultants report using a diverse set of skills on the job. Most notably, skills in Business Strategy, Consulting Management, IT Consulting, and Project Management are correlated to pay that is above average, with boosts between 5 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. 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 Managing Consultants, more experience in the field does not usually mean bigger paychecks. People who have worked for fewer than five years earn around $106K, and folks with five to 10 years of experience see a modestly higher median of $115K. The average pay reported by folks with 10 to 20 years of experience is around $135K. 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 $155K on average.

Pay Difference by Location


Boston offers some of the highest pay in the country for Managing Consultants, 31 percent above the national average. Managing Consultants will also find cushy salaries in Philadelphia (+21 percent), Atlanta (+19 percent), Seattle (+19 percent), and Houston (+18 percent). The lowest-paying market is Raleigh, which sits 20 percent below the national average. Employers also pay below the national average in Los Angeles (14 percent lower) and Washington (13 percent lower).

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
$126,000


Entry-Level
up arrow 16%

Skills That Affect Managing Consultant Salaries

Business Strategy
up arrow 9%



Project Management
up arrow 1%

Data Analysis
up arrow 1%

National Average
$126,000

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
49%
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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