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Strategy Consultant Salary (United States)

Pay for Strategy Consultants in the United States sits in the ballpark of $89K annually. Cash earnings for Strategy Consultants — which occasionally include more than $21K from bonuses and more than $6K from profit sharing — stretch from around $55K to approximately $147K. Career length is the main element affecting pay for this group — the specific employer and geographic location are driving factors as well. Work is enjoyable for Strategy Consultants, who typically claim high levels of job satisfaction. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. More than half of Strategy Consultants (67 percent) survey respondents are men. The information for this snapshot was generated by responses to the PayScale salary survey.
Strategy Consultant Salary (?
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.
)
$55,285 - $130,812
(Median)
55K
69K
89K
110K
130K
MEDIAN: $88,795
10%
25%
50%
75%
90%
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Strategy Consultant Salary (?
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.
)
$19.38 - $175.00
(Median)
19
100
180
MEDIAN: $36.00
10%
75%
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$50K$100K$150K
Salary
$55,285 - $130,812  
   
Bonus
$1,917 - $20,540  
Profit Sharing
$970 - $6,183  
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).
)
$54,814 - $146,723  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 374
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$60$120$180
Hourly Rate
$19.38 - $175.00  
   
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$120K$240K$360K
Bonus
$1,917 - $20,540  
   
Profit Sharing
$970 - $6,183  
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).
)
$54,814 - $146,723  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 19
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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 seeking a sizable paycheck can earn the most at Accenture, where the median salary comes to $121K, though the large pay difference between employees at the top ($84K) and those starting out ($175K) creates a rather diverse pay scale.
The smallest paychecks in the field are found at Booz, Allen, and Hamilton, where the median salary is a mere $65K, about half the top paying employer's rate.

Popular Skills for Strategy Consultant

Strategy Consultants report using a wide range of professional skills. Lucky workers who know Strategy Development can expect a significant pay bump, scoring salaries 20 percent above average. Financial Analysis and Client Interaction are also correlated to pay that is above average, with increases between 17 percent and 20 percent. Skills that are correlated to lower pay, on the other hand, include Data Analysis. Those familiar with Business Strategy also tend to know Strategic Planning and Project Management. Those proficient in Data Analysis are, more often than not, also skilled in 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.
Experience is an important factor influencing the compensation of Strategy Consultants. Salaries for the relatively untried average out to around $84K, but survey participants with five to 10 years of experience earn a significantly higher median of $107K. People with 10 to 20 years of experience make an average of about $121K in this role. Average wages for folks with more than 20 years of experience come out to around $140K.

Pay Difference By Location

up arrow 18%
Dallas
up arrow 14%
Los Angeles
up arrow 12%
Chicago
up arrow 8%
National Average
$92,000
Seattle
up arrow 20%
Larger circles over a city indicate a job is popular in that location.
San Francisco offers some of the highest pay in the country for Strategy Consultants, 25 percent above the national average. Strategy Consultants can also look forward to large paychecks in cities like Boston (+18 percent), Dallas (+14 percent), Los Angeles (+12 percent), and New York (+8 percent). Falling short of the national average by 20 percent, the area with the worst salaries is Seattle.

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Experience Affects Strategy Consultant Salaries

Late-Career
up arrow 53%
National Average
$92,000

Skills That Affect Strategy Consultant Salaries

Strategy Development
up arrow 20%
Client Interaction
up arrow 17%
Strategy
up arrow 4%
National Average
$92,000
Project Management
up arrow 3%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 90 votes.

Gender

Female
33%
female alumni
 
Male
67%
male alumni

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
28%
10-19 years
17%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 84%
vision benefits Vision: 71% employee benefits None: 8%