$85,400
Avg. Salary
$60.09
Avg. Hourly Rate

Average additional compensation:

$7,590

Bonus

$4,061

Profit Sharing

$8,090

Commission

What am I worth?
How should I pay?

The average pay for a Management Consultant is $60.09 per hour.

The average pay for a Management Consultant is $85,400 per year.

$17.97
10%
$60.09
50%
$161.89
90%
MEDIAN $60.09
$57k
10%
$85k
50%
$141k
90%
MEDIAN $85,400
$56,831 - $141,237
$57K
$85K
$140K
MEDIAN: $85,400
10%
50%
90%

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$17.97 - $162
$18
$60
$160
MEDIAN: $60.09
10%
50%
90%

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$0$165K
Salary $56,831 - $141,237
Bonus $1,977 - $23,731
Profit Sharing $510 - $14,906
Commission $1,014 - $42,785
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).
)
$57,437 - $165,100
  • Country: United States
  • Currency: USD
  • Updated: 10 Jan 2019
  • Individuals Reporting: 6,015
Hourly Data $0$161
Hourly Rate $17.97 - $162
Hourly Tips $1.36
Overtime $24.72 - $92.33
Annual Data $0$165K
Bonus $1,977 - $23,731
Commission $1,014 - $42,785
Profit Sharing $510 - $14,906
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).
)
$57,437 - $165,100
  • Country: United States
  • Currency: USD
  • Updated: 10 Jan 2019
  • Individuals Reporting: 555

Job Description for Management Consultant

A management consultant helps a company improve aspects of business, such as productivity, management, and company image. The management consultant will identify current problems and potential risks and help the company to overcome them.

Read More...
Management Consultant Tasks
  • Develop, recommend and implement business improvements for companies.
  • May include modeling, analysis and research for specific business design efforts.
  • Train clients on business development processes.

Management Consultant Pay By Employer

$0$160K

$71,675

$94,670

Accenture
180 profiles
$94,265

EY (Ernst & Young)
140 profiles
$107,057

$83,362

Deloitte
80 profiles
$98,051

$115,393

KPMG, LLP
67 profiles
$83,884

$86,045

Kpmg Consulting
36 profiles
$75,987

Common Career Paths for Management Consultant


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Management Consultant Job Listings

Popular Skills for Management Consultant

Pay by Experience Level for Management Consultant

Pay by Experience for a Management Consultant has a positive trend. An entry-level Management Consultant with less than 5 years of experience can expect to earn an average total compensation of $78,000 based on 1,814 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Management Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $107,000 based on 977 salaries. An experienced Management Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $132,000 based on 660 salaries. A Management Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $155,000 based on 321 salaries.

Pay Difference by Location

National Average: $91,778

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

Management Consultant Reviews

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

Management Consultant in San Francisco:
"Hardwork but rewarding."
Pros: Being challenged, working with intelligent people, teamwork, client service.
Cons: Hours, some work is tedious and repetitive.

Management Consultant in Norfolk:
Pros: I like my coworkers and my ability to work independently.
Cons: The company seems to be more worried about making money than making employees happy.

Management Consultant in Alexandria:
"A great way to improve a client's adaptability."
Pros: Watching a client improve their business and culture by implementing our concepts for organizational management and leadership.
Cons: A lot of travel.

Management Consultant in Washington:
"Great firm, if you get a good project and team."
Pros: KPMG has a lot of resources, from reimbursement of training/certifications, to Volunteer Time Realse. It is great to work with intelligent, driven people. Generally speaking, there are a lot of different industries and types of projects you can work on, even travel in an international rotation if you wish.
Cons: While there are many available projects, moving to projects you want to work on is extremely difficult if your PML (People Management Leader) or project partners do not allow you to leave. You can be on long term projects that do not give you the exposure to new industries and clients, which is the highlight of a consulting career. Usually, you work very long hours, including weekends, and can starting at a low pay. Promotion and pay increases are heavily dependent on your PML and how your PML fights for you during Year-End discussions.

Management Consultant in Albuquerque:
"The Coach Approach and Tips."
Know the value you bring and you get paid for what you know. So keep learning and you will keep bringing the value to others and yourself.

Management Consultant in Atlanta:
"Lots of work. Not much in return."
Pros: Some clients are fun. Clients will typically allow the consultants to participate in their ordeals.
Cons: Travel travel travel. It's fun for a while but it really wears you down after a while. Most people stay in this field a few years and jump ship. Bonuses may be paid to keep you around but my advice get out after a few years.

Management Consultant in Boston:
"A Good Firm for Tech-Oriented People."
Pros: Good people, generally, though the people are often tied to the work environment of the client. Typically will pay a bit of a premium for new hires, but don't expect much in the way of raises or bonuses except on promotion or if you're rated in the top 10%--and sometimes it still isn't much.
Cons: The work is very tech-oriented for management consulting. Most of the programs have a tech angle. It's also difficult to find a good role unless you get lucky. I've gotten lucky, but I've seen others flail.

Related Job Salaries

Key Stats for Management Consultant

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 992 votes.
Less than 1 year
9%
1-4 years
41%
5-9 years
24%
10-19 years
16%
20 years or more
9%

Experience Affects Management Consultant Salaries

▲69%

▲43%

▲17%

National Average
$92,000

▼15%

Skills That Affect Management Consultant Salaries

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 992 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
9%
1-4 years
41%
5-9 years
24%
10-19 years
16%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
no benefits
None: 13%