Strategy Consultant Salary

Median pay for Strategy Consultants in the United States is around $90K per year. Including potential for bonuses and profit sharing — peaking near $22K and $12K, respectively — total cash payment to Strategy Consultants can bottom out near $59K or peak near $149K depending on individual performance. Earnings for this group are mostly affected by the particular firm, followed by experience level and geographic location. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. For the most part, Strategy Consultants enjoy their work and report high levels of job satisfaction. Men make up the majority of Strategy Consultants (68 percent) survey respondents. This overview is based on answers to PayScale's salary questionnaire.
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$59,214 - $135,945
(Median)
$59K
$90K
$140K
MEDIAN: $90,477
10%
50%
90%

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$19.36 - $126.71
(Median)
$19
$40
$130
MEDIAN: $40
10%
50%
90%

Add this chart to your site: 640px    300px

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$50K$100K$150K
Salary
$59,214 - $135,945  
   
Bonus
$1,828 - $22,287  
Profit Sharing
$1,000 - $12,000  
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).
)
$59,018 - $149,187  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 375
National Hourly Rate 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$50$100$150
Hourly Rate
$19.36 - $126.71  
   
National Annualized 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$100K$200K$300K
Bonus
$1,828 - $22,287  
   
Profit Sharing
$1,000 - $12,000  
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).
)
$59,018 - $149,187  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 17
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Job Description for Strategy Consultant

Strategy consultants provide research, statistics, and logistics that may be applied to their business' strategy and issues. There are many areas in which strategy consultants must develop strategies to sustain long-term growth. Additionally, some strategy consultants work with shorter-term problems such as developing effective management strategies in addition to (or instead of) long-term growth. The majority of strategy consultants also perform executive tasks such as coordinating and managing the implementation of the developed strategy as well.

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Strategy Consultant Tasks

  • Identify, define, and set up processes to collect metrics to keep organizations on track.
  • Recommend solutions to align operations with desired strategy and available technology.
  • Work with clients to identify and define business issues and concerns.
  • Analyze business decisions for fit to strategy and feasibility, and communicate priorities clearly through data.

Strategy Consultant Job Listings

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Popular Employer Salaries for Strategy Consultant


Strategy Consultants flock to Accenture for generous paychecks, where average earnings of $122K lead the pack in compensation; however, Accenture also provides employees with a wide spectrum of compensation ranging from $83K at one end to $178K at the other end.

The smallest paychecks in the field are found at Booz, Allen, and Hamilton, where the median salary is a mere $64K, just about half of the top paying company's median.

Popular Skills for Strategy Consultant


Overall, survey participants reported applying a fair number of skills to their work. Most notably, facility with Financial Analysis, Strategy Development, and Strategy are correlated to pay that is significantly above average, leading to increases of 27 percent, 17 percent, and 15 percent, respectively. Skills that seem to negatively impact pay include Data Analysis. Most people familiar with Business Strategy also know Strategic Planning and Project Management. Most people experienced in Data Analysis also know Project Management and Strategic Planning.

Pay by Experience Level for Strategy Consultant

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


Strategy Consultants who reported more years of relevant experience also reported higher earnings. Those in the early stages of their career can expect to make around $85K; however, individuals with five to 10 years of experience bring in $108K on average — a distinctly larger sum. Strategy Consultants who work for 10 to 20 years in their occupation tend to earn about $129K. More than 20 years of experience mean a somewhat bigger median paycheck of $141K, but it's not much more than what less experienced people make.

Pay Difference by Location


Home to some of the best pay for Strategy Consultants, San Francisco offers exceptional salaries, 30 percent above the national average. Strategy Consultants will also find cushy salaries in Boston (+18 percent), Los Angeles (+10 percent), Chicago (+2 percent), and New York (+2 percent). One of the biggest compensable factors for Strategy Consultants is geography, with workers in Seattle earning a whopping 22 percent below the national average. Employers pay around 11 percent less in Washington and 6 percent less in Atlanta, below-median salaries for those in this field.

Related Job Salaries

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Experience Affects Strategy Consultant Salaries

Late-Career
up arrow 50%



National Average
$94,000


Skills That Affect Strategy Consultant Salaries


Strategy Development
up arrow 17%

up arrow 15%


Client Interaction
up arrow 14%


National Average
$94,000

Project Management
up arrow 2%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
29%
10-19 years
18%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 85%
vision benefits Vision: 73% employee benefits None: 7%
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