Strategy Consultant Salary

An average Strategy Consultant in the United States can expect to take home roughly $91K per year. Total cash compensation to Strategy Consultants approaches anywhere from $60K on the lower end to $150K on the higher end; in exceptional cases, this can include more than $23K from bonuses and upwards of $12K from profit sharing. While career length and geography impact pay for this group, the particular firm is the most influential factor. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. The majority of Strategy Consultants (68 percent) who took the survey are men. Job satisfaction is reported as high by the vast majority of workers. This snapshot results from replies to PayScale's salary survey.
Read More
$59,763 - $136,347
(Median)
$60K
$91K
$140K
MEDIAN: $90,609
10%
50%
90%

Add this chart to your site: 640px    300px

$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
$59,763 - $136,347  
   
Bonus
$1,841 - $22,588  
Profit Sharing
$1,007 - $11,920  
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).
)
$59,795 - $149,529  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 376
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
$1,841 - $22,588  
   
Profit Sharing
$1,007 - $11,920  
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).
)
$59,795 - $149,529  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 17
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:

Popular Employer Salaries for Strategy Consultant


Deloitte Consulting LLP, International Business Machines (IBM) Corp., Booz, Allen, and Hamilton, Accenture, and Kaiser Permanente are among the top companies that take on many Strategy Consultants. Although Accenture heads up the field in terms of compensation, offering the highest median salary at $122K, pay at this particular employer still varies considerably, running the full spectrum from $83K to $178K.

Relative to other names in the field, compensation is very low at Booz, Allen, and Hamilton — the median salary comes to just $64K, just about half of the top paying company's median.

Popular Skills for Strategy Consultant


Survey results suggest that Strategy Consultants use a fairly large toolkit of professional skills. 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, 16 percent, and 14 percent, respectively. Skills that pay less than market rate include Data Analysis. Those proficient in Business Strategy are, more often than not, also skilled in Strategic Planning and Project Management. Skill sets containing Data Analysis also tend to include 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.


For many Strategy Consultants, experience and pay levels seem to be correlated; more years in the business generally lead to more money. The average worker who claims fewer than five years of experience earns around $85K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $108K. Strategy Consultants who work for 10 to 20 years in their occupation tend to earn about $129K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $142K on average.

Pay Difference by Location


For Strategy Consultants, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Strategy Consultants will also find cushy salaries in Boston (+16 percent), Los Angeles (+9 percent), Chicago (+1 percent), and New York (+1 percent). Strategy Consultants' salaries are heavily influenced by location — Strategy Consultants in Seattle bring in salaries that are 22 percent lower than the national average. Below-median salaries also turn up in Washington and Atlanta (12 percent lower and 6 percent lower, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Strategy Consultant Salaries

Late-Career
up arrow 50%



National Average
$94,000


Skills That Affect Strategy Consultant Salaries


Strategy Development
up arrow 16%

up arrow 14%

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 65 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
28%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 86%
vision benefits Vision: 73% employee benefits None: 6%
ADVERTISEMENT