Strategy Consultant Salary (United States)

A relatively junior crowd, 50 percent of Strategy Consultants have fewer than five years of experience under their belt and the average salary for the field is $91,502 annually. Pay starts at $51,227 and can approach $145,803 per year on the higher side. Total cash compensation to Strategy Consultants bottoms out near $51,388 and approaches $131,270 on the high end; the bigger paychecks include approximately $20K from bonuses and almost $6,128 from profit sharing. This group's pay is mainly influenced by career length, followed by the particular city and the individual firm. Benefits are plentiful in this line of work; the vast majority people have both medical and dental plans, and most have vision insurance. Most Strategy Consultants like their work and job satisfaction is high. The figures in this outline were provided by individuals who took PayScale's salary questionnaire.
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.
)
$51,388 - $131,270
(Median)
51K
67K
88K
110K
130K
MEDIAN: $88,331
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
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 - $173.83
(Median)
19
98
170
MEDIAN: $34.00
10%
75%
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
$51,388 - $131,270  
   
Bonus
$1,929 - $20,179  
Profit Sharing
$503 - $6,128  
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).
)
$51,227 - $145,803  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 377
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 - $173.83  
   
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
$1,929 - $20,179  
   
Profit Sharing
$503 - $6,128  
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).
)
$51,227 - $145,803  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 20
Is Strategy Consultant your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Job Description for Strategy Consultant

  • 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:
job title / company
location

Popular Employer Salaries for Strategy Consultant

International Business Machines (IBM) Corp. offers the largest salaries in town—$88,250 on average—but the considerable range in workers' salaries (stretching from $56K to $138K) creates a rather varied pay scale.
Although Booz, Allen, and Hamilton hands out the lowest average salary in town at $65,823, employee compensation still varies greatly—workers can make as little as $42K or as much as $100K. Deloitte Consulting LLP and International Business Machines (IBM) Corp. also rank near the bottom for pay, handing out $87,689 and $88,250-paychecks on average.

Popular Skills for Strategy Consultant

Strategy Consultants generally report applying a varied skill set to their work. Most notably, facility with Strategy, Strategy Development, and Client Interaction are correlated to pay that is significantly above average, leading to increases of 23 percent, 20 percent, and 17 percent, respectively. Skills that pay less than market rate include Data Analysis. It is often found that people who know Business Strategy are also skilled 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.
For Strategy Consultants, experience seems to be a major factor in determining pay. Starting salaries hover around $81K but quickly overtake six figures to $105K after five to 10 years. Earnings total $120K after one to two decades. Wages continue to improve for Strategy Consultants after 20 years in the field, and salaries border $140K. Experienced employees who have 10-20 years of experience make up 17 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 5 percent, and senior people with more than 20 years under their belt fill out the remaining less than five. Most of respondents report one to nine years of experience.

Pay Difference By Location

Boston
up arrow 20%
Dallas
up arrow 14%
up arrow 10%
Chicago
up arrow 8%
Los Angeles
up arrow 7%
National Average
$92,000
Washington
up arrow 12%
Seattle
up arrow 20%
Larger circles over a city indicate a job is popular in that location.
For Strategy Consultants, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Boston, Dallas, New York, and Chicago are a few other cities that offer generous salaries, with Strategy Consultants earning around 20 percent, 14 percent, 10 percent, and 8 percent more than average. With compensation 20 percent below the national average, Seattle is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

Experience Affects Strategy Consultant Salaries

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

Skills That Affect Strategy Consultant Salaries

Strategy
up arrow 23%
Strategy Development
up arrow 20%
Client Interaction
up arrow 17%
Financial Analysis
up arrow 15%
National Average
$92,000
Project Management
up arrow 2%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 102 votes.

Gender

Female
36%
female alumni
 
Male
64%
male alumni

Years of Experience

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

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 71% employee benefits None: 8%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -