Strategy Consultants in the United States take home an average $91K annually. Cash earnings for Strategy Consultants — including $25K in bonuses and $27K in profit sharing proceeds near the top of the pay scale — generally stretch from $62K to $157K depending on individual performance. Career length is the biggest factor affecting pay for this group, followed by geography and the individual firm. Most workers in this position report moderate levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. Men account for the majority of Strategy Consultants who responded to the questionnaire — 60 percent to be exact. The information for this snapshot was generated by responses to the PayScale salary survey.
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$62,559 - $140,673
$63K
$91K
$140K
MEDIAN: $90,820
10%
50%
90%

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$16.07 - $101.37
$16
$68
$100
MEDIAN: $68.00
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
$62,559 - $140,673  
   
Bonus
$2,045 - $24,896  
Profit Sharing
$-0.50 - $26,819  
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).
)
$62,498 - $157,200  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 289
National Hourly Rate 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$50$100$150
Hourly Rate
$16.07 - $101.37  
   
Overtime
$37.50  
National Annualized 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$100K$200K$300K
Bonus
$2,045 - $24,896  
   
Profit Sharing
$-0.50 - $26,819  
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).
)
$62,498 - $157,200  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 23

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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.
  • 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.

Strategy Consultant Job Listings

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Popular Employer Salaries for Strategy Consultant


Strategy Consultants fill the offices of leading firms Accenture, International Business Machines (IBM) Corp., Deloitte, Booz, Allen, and Hamilton, and Deloitte Consulting LLP. Accenture pays the most with a median salary of $102K, though with a large amount of variation, going from a low of $87K to a high of $171K.

Popular Skills for Strategy Consultant


Survey takers working as Strategy Consultants report using a large range of professional skills. Most notably, skills in Strategy Development, Client Interaction, Financial Analysis, and Strategy are correlated to pay that is above average, with boosts between 9 percent and 14 percent. Those listing Research Analysis as a skill should be prepared for drastically lower pay. Business Analysis and Project Management also typically command lower compensation. The majority of those who know Strategic Planning also know Project Management and Data Analysis. Most people skilled in Business Strategy are similarly competent in Data Analysis and Project Management.

Pay by Experience Level for Strategy Consultant

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


Strategy Consultants with a lot of experience tend to enjoy higher earnings. Inexperienced workers earn around $87K, but people who have been around for five to 10 years pull down a much higher average of $103K. The average pay reported by folks with 10 to 20 years of experience is around $133K. More than 20 years of experience mean a somewhat bigger median paycheck of $146K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $96,659

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

With a pay rate for Strategy Consultants that is 45 percent greater than the national average, Austin offers a comfortable salary for those in this profession. Strategy Consultants can also look forward to large paychecks in cities like Minneapolis (+27 percent), San Francisco (+21 percent), Raleigh (+18 percent), and Los Angeles (+7 percent). With compensation 12 percent below the national average, Washington is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 12 percent less in Boston and 5 percent less in Dallas, below-median salaries for those in this field.

Strategy Consultant Reviews

Q: What is it like working as a Strategy Consultant at Deloitte Consulting LLP?

Strategy Consultant in Detroit:
Pros: Great company visibility and brand recognition, particularly within S&O. Numerous career opportunities if you are willing to put in the effort.
Cons: Long client engagements for my particular role, not the company norm.

Related Job Salaries

Key Stats for Strategy Consultant

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.
Less than 1 year
5%
1-4 years
43%
5-9 years
28%
10-19 years
18%
20 years or more
6%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Strategy Consultant Salaries




National Average
$97,000


Skills That Affect Strategy Consultant Salaries

Strategy Development
up arrow 14%

Client Interaction
up arrow 11%





National Average
$97,000

Business Development
up arrow 1%




Research Analysis
up arrow 23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
28%
10-19 years
18%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 79%
vision benefits
Vision: 71%
dental benefits
None: 11%
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