Managing Consultant Salary

On average, Managing Consultants in the United States earn six-figure salaries ($118K) annually, making for a very well-paid profession. Cash earnings of Managing Consultants can occasionally include $30K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $89K to almost $195K. This group's pay is mainly influenced by location, followed by career length and the specific company. Male Managing Consultants far outnumber their female contemporaries among those who completed the questionnaire. Medical and dental benefits are awarded to almost all, and a fair number earn vision coverage. The majority of workers are highly satisfied with their job. This overview is based on answers to PayScale's salary questionnaire.

$83,660 - $171,824
(Median)
$84K
$120K
$170K
MEDIAN: $118,486
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
$83,660 - $171,824  
   
Bonus
$2,462 - $30,325  
Profit Sharing
$1,500 - $30,000  
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).
)
$89,039 - $194,836  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 349

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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


With a median salary of $142K, IBM Global Services offers Managing Consultants the highest pay. However, earnings don't seem to live on a large spectrum; they generally peter out at $109K and are capped at $183K.

Navigant Consulting, Inc. offers the lowest pay in the field with a median salary of just $101K. There's also little variation in pay at the company, with pay ranging from $82K to $140K.

Popular Skills for Managing Consultant


Managing Consultants seem to require a number of specific skills. Most notably, skills in Consulting Management, Project Management, Business Strategy, and IT Consulting are correlated to pay that is above average. At the other end of the pay range are skills like Financial Analysis, Human Resources, and Strategy. Most people familiar with 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.


More years of relevant experience do not necessarily translate to higher paychecks. Substantial, six-figure paychecks show up early in this area; folks who have worked for fewer than five years report earning a median of $107K. People with 10 to 20 years of experience make an average of about $137K in this role. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $155K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


For Managing Consultants, working in the bustling city of Boston has its advantages, including an above-average pay rate. Managing Consultants will also find cushy salaries in Seattle (+19 percent), Philadelphia (+19 percent), Atlanta (+19 percent), and Houston (+18 percent). Managing Consultants' salaries are heavily influenced by location — Managing Consultants in Raleigh bring in salaries that are 20 percent lower than the national average. Below-median salaries also turn up in Los Angeles and Washington (16 percent lower and 12 percent lower, 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.

Related Job Salaries

United States (change)

Experience Affects Managing Consultant Salaries



National Average
$126,000


Entry-Level
up arrow 15%

Skills That Affect Managing Consultant Salaries


Project Management
up arrow 3%

Business Strategy
up arrow 1%

IT Consulting
0%

National Average
$126,000

Data Analysis
up arrow 1%

Change Management
up arrow 2%

Strategy
up arrow 4%

Human Resources
up arrow 6%

Financial Analysis
up arrow 20%

Job Satisfaction

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

Gender

Female
20 %
Male
80 %

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: 6%