$89,941
Avg. Salary
$66.56
Avg. Hourly Rate

Average additional compensation:

$9,421

Bonus

$2,750

Profit Sharing

$20,000

Commission

What am I worth?
How should I pay?

The average pay for a Strategy Consultant is $66.56 per hour.

The median Strategy Consultant has a base pay of $89,941. Salaries generally range from $60k to $138k. The median bonus is $9,421. Skills that can affect salary include Business Strategy, Strategic Planning, Strategy, Data Analysis, Project Management, Financial Analysis, Business Analysis, Business Development, Research Analysis, Strategy Development, Client Interaction.
$24.66
10%
$66.56
50%
$162.19
90%
MEDIAN $66.56
$60k
10%
$90k
50%
$138k
90%
MEDIAN $89,941
$59,980 - $137,547
$60K
$90K
$140K
MEDIAN: $89,941
10%
50%
90%

Add this chart to your site: 640px    300px

$24.66 - $162
$25
$67
$160
MEDIAN: $66.56
10%
50%
90%

Add this chart to your site: 640px    300px

$0$155K
Salary $59,980 - $137,547
Bonus $2,318 - $22,388
Profit Sharing $0.00 - $10,213
Commission $20,000
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).
)
$61,574 - $155,464
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 718
Hourly Data $0$162
Hourly Rate $24.66 - $162
Overtime $37.50
Annual Data $0$155K
Bonus $2,318 - $22,388
Commission $20,000
Profit Sharing $0.00 - $10,213
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).
)
$61,574 - $155,464
  • Country: United States
  • Currency: USD
  • Updated: 18 Feb 2019
  • Individuals Reporting: 47

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.

Read More...
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.

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.

Common Career Paths for Strategy Consultant


Add this chart to your site:   640px 640px    300px 300px


Strategy Consultant Job Listings

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: $96,912

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 Washington:
"Reshape the future force."
Pros: Get to think and create new ways of operating and winning.
Cons: Unfair bonus structure. Pilot mafia.

Strategy Consultant in Pittsburgh:
"Single most competitive health insurance market in the US."
Pros: Many high paying job opportunities, and for the most part people and companies move relatively quickly. If you're a single (hetero) man who is looking to focus his career, there is no better place. Professional Sports are lit and people are very passionate about their sports.
Cons: City is the single most inconvenient city to get around in the US. Roads are confusing and aging infrastructure is a real problem. The downtown area is basically nothing but commuter locale. Some great restaurants but it's slow and expensive. Rains all the time. Downtown is exceptionally noisy for the size and # of people. Not uncommon to hear jake-braking and trains into the wee hrs of the night. Zoning laws are lax. Not unusual to have a "gentleman's" club right next door to a school. Geography is very hilly and winters are tough to get around. Mix the lack of amenities with funky geography and terrible weather earns Pittsburgh. A big cities grade Of a: C-

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
43 %
Male
57 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 116 votes.
Less than 1 year
5%
1-4 years
44%
5-9 years
27%
10-19 years
18%
20 years or more
5%

Experience Affects Strategy Consultant Salaries

▲39%

▲32%

▲6%

National Average
$97,000

▼11%

Skills That Affect Strategy Consultant Salaries

Strategy Development
▲14%

Client Interaction
▲11%



▲5%


National Average
$97,000





Research Analysis
▼29%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 116 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
5%
1-4 years
44%
5-9 years
27%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 76%
vision benefits
Vision: 69%
no benefits
None: 14%