Strategy Consultant Salary

For Strategy Consultants, annual average wages total $89K per year. Total cash earnings of Strategy Consultants range from $60K on the low end to $153K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $20K and $10K, respectively. This group's pay is mainly influenced by geography, followed by tenure and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. For the most part, people in this position report moderate levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$59,224 - $134,914
$59K
$89K
$130K
MEDIAN: $89,146
10%
50%
90%

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$15.71 - $102.13
$16
$69
$100
MEDIAN: $69.21
10%
50%
90%

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$0$152K
Salary $59,224 - $134,914
Bonus $2,080 - $19,747
Profit Sharing $1,000 - $10,174
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).
)
$60,022 - $152,909
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 322
Hourly Data $0$102
Hourly Rate $15.71 - $102.13
Overtime $30.00
Annual Data $0$152K
Bonus $2,080 - $19,747
Profit Sharing $1,000 - $10,174
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).
)
$60,022 - $152,909
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 20

Find Out Exactly What You Should Be Paid

United States (change)

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

Popular Employer Salaries for Strategy Consultant


Strategy Consultants fill the offices of leading firms Accenture, International Business Machines (IBM) Corp., Deloitte, Deloitte Consulting LLP, and Kaiser Permanente. Although Accenture heads up the field in terms of compensation, offering the highest median salary at $102K, pay at this particular employer still varies considerably, running the full spectrum from $87K to $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 Strategic Planning are correlated to pay that is above average, with boosts between 12 percent and 16 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. Skill sets containing Strategic Planning also tend to include Project Management and Data Analysis. The majority of those who know Business Strategy also know Data Analysis and Project Management.

Pay by Experience Level for Strategy Consultant

Pay by Experience for a Strategy Consultant has a positive trend. An entry-level Strategy Consultant with less than 5 years of experience can expect to earn an average total compensation of $87,000 based on 179 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Strategy Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $103,000 based on 101 salaries. An experienced Strategy Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $128,000 based on 60 salaries. A Strategy Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $135,000 based on 20 salaries.

Pay Difference by Location

National Average: $94,595

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

Home to some of the best pay for Strategy Consultants, Austin offers exceptional salaries, 48 percent above the national average. Strategy Consultants will also find cushy salaries in Minneapolis (+30 percent), San Francisco (+20 percent), Raleigh (+15 percent), and Louisville (+13 percent). The lowest-paying market is Boston, which sits 15 percent below the national average. Not at the bottom but still paying below the median are employers in Washington and Dallas (4 percent lower and 3 percent lower, respectively).

Strategy Consultant Reviews

Q: What is it like working as a Strategy Consultant?

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 40 votes.
Less than 1 year
5%
1-4 years
43%
5-9 years
29%
10-19 years
17%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Strategy Consultant Salaries

▲42%

▲35%

▲9%

National Average
$95,000

▼8%

Skills That Affect Strategy Consultant Salaries

Strategy Development
▲16%

Client Interaction
▲14%



▲8%



National Average
$95,000




Research Analysis
▼27%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 40 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
5%
1-4 years
43%
5-9 years
29%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 74%
vision benefits
Vision: 68%
no benefits
None: 13%
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