Business Consultant in Chicago, Illinois Salary

The average salary for a Business Consultant in Chicago, Illinois is $77,263 per year. Most people with this job move on to other positions after 20 years in this career. Experience has a moderate effect on pay for this job. A skill in Business Development is associated with high pay for this job.

$56,369 - $114,524
$56K
$76K
$110K
MEDIAN: $76,497
10%
50%
90%

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$0$122K
Salary $56,369 - $114,524
Bonus $2,081 - $17,452
Profit Sharing $0.00 - $10,304
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).
)
$59,884 - $122,922
  • Country: United States
  • Currency: USD
  • Updated: 8 Nov 2017
  • Individuals Reporting: 113

Job Description for Business Consultant

Problem-solving expertise plays an important part in how successful the company is or can be. Though a business consultant can specialize in many different areas, their duties typically are somewhat similar. Most of the time, these consultants are hired during the start-up process of a new business, and it is their job to revitalize and organize the company to help it run more efficiently. Business consultants also may be in charge of improving a part of the business that is in dire straits. In some cases, the consultants will have to teach the employees how to use specific software to improve efficiency.

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Business Consultant Tasks

  • Coordinate with partners to ensure overall business solution is positioned and implemented on a global scale.
  • Build rapport with external vendors in order to support business objectives.
  • Develop and update high-level roadmap of business initiatives and goals.
  • Modify programs to enhance likelihood of meeting business goals.
  • Balance customer requests and requirements with technical constraints.

About Chicago, Illinois

Cook County, Illinois
2,720,556
Male:
1,320,015 (48.5%)
Female:
1,400,541 (51.5%)
Chicago (/ʃᵻˈkɑːɡoʊ/ or /ʃᵻˈkɔːɡoʊ/), officially the City of Chicago, is the third-most populous city in the United States. With over 2.7 million residents, it is the most populous city in the state of Illinois and the Midwestern United States, and the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the U.S. Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed, and grew rapidly in the mid-nineteenth century. The city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation: O'Hare International Airport is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and rail road freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research...
Chicago:
$50,702
Illinois:
$59,588
$985
Chicago:
$238,500
Illinois:
$180,300
6.3%

Business Consultant Job Listings

Pay by Experience Level for Business Consultant

Pay by Experience for a Business Consultant has a positive trend. An entry-level Business Consultant with less than 5 years of experience can expect to earn an average total compensation of $74,000 based on 69 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $83,000 based on 39 salaries. An experienced Business Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $99,000 based on 18 salaries. A Business Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $151,000 based on 5 salaries.

Key Stats for Business Consultant

Gender

Female
21 %
Male
79 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.
Less than 1 year
8%
1-4 years
37%
5-9 years
35%
10-19 years
13%
20 years or more
7%

Experience Affects Business Consultant Salaries

Late-Career
▲88%

Experienced
▲23%

▲4%

National Average
$80,000

▼8%

Skills That Affect Business Consultant Salaries

Business Development
▲13%

Accounting
▲5%



Client Interaction
▲1%

National Average
$80,000


Strategic Planning
▼1%

Financial Analysis
▼1%

Operations Management
▼2%


Microsoft Office
▼4%

IT Consulting
▼5%

Process Improvement
▼6%

Requirements Analysis
▼6%

Microsoft Excel
▼16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 20 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
8%
1-4 years
37%
5-9 years
35%
10-19 years
13%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 81%
vision benefits
Vision: 71%
no benefits
None: 8%