Managing Consultant Salary

A large fraction of take-home pay for Managing Consultants comes from commissions — over a third on average, in fact. The median overall income in this field is approximately $124K. Total cash compensation to Managing Consultants bottoms out near $93K and approaches $178K on the high end; the biggest paychecks include approximately $33K from bonuses and almost $43K from profit sharing. This group's pay is mainly influenced by geographic location, followed by career duration and the particular employer. Male Managing Consultants are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Medical benefits are awarded to nearly all, and most earn dental coverage. Work is enjoyable for Managing Consultants, who typically claim high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.

$88,566 - $159,321
$89K
$120K
$160K
MEDIAN: $118,508
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
$88,566 - $159,321  
   
Bonus
$1,998 - $32,500  
Profit Sharing
$1,272 - $42,894  
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).
)
$93,305 - $177,953  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 239

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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


Those at IBM Global Services can expect to make the most, with the company offering a median salary of $124K.

Employees at Navigant Consulting, Inc. take home the smallest paychecks, and $100K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $90K and quickly nearing the top at only $145K.

Popular Skills for Managing Consultant


Survey participants wield an impressively varied skill set on the job. 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 29 percent, 13 percent, and 6 percent, respectively. Skills that pay less than market rate include Financial Analysis, Data Analysis, and Human Resources. For most people, competency in Consulting Management indicates knowledge of IT Consulting and Data Analysis.

Pay by Experience Level for Managing Consultant

Pay by Experience for a Managing Consultant has a positive trend. An entry-level Managing Consultant with less than 5 years of experience can expect to earn an average total compensation of $100,000 based on 40 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Managing Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $116,000 based on 98 salaries. An experienced Managing Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $130,000 based on 129 salaries. A Managing Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $133,000 based on 40 salaries.

Pay Difference by Location

National Average: $123,825

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

For Managing Consultants, Philadelphia provides a pay rate that is 20 percent greater than the national average. Managing Consultants can also look forward to large paychecks in cities like San Francisco (+8 percent), Dallas (+8 percent), Miami (+7 percent), and Seattle (+5 percent). The lowest-paying market is Raleigh, which sits 19 percent below the national average. A couple other locations with smaller-than-average paychecks include Atlanta and Chicago (5 percent lower).

Related Job Salaries

Key Stats for Managing Consultant

Gender

Female
25 %
Male
75 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
1-4 years
10%
5-9 years
28%
10-19 years
45%
20 years or more
17%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Managing Consultant Salaries

▲8%

▲5%

National Average
$124,000

▼6%

▼19%

Skills That Affect Managing Consultant Salaries

Security Testing and Auditing
▲29%

Strategic Planning
▲13%

Business Strategy
▲6%


Program Management
▼0%

National Average
$124,000


Change Management
▼1%

Strategy
▼2%


Human Resources
▼4%


Financial Analysis
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

1-4 years
10%
5-9 years
28%
10-19 years
45%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 88%
vision benefits
Vision: 77%
no benefits
None: 3%