Consultant Salary Progression

The average base salary for an MBA in 2020 at top Consulting firms is 157364. All three offer a 200K pay-check in the first year itself.

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55k to 60k plus a performance dependent bonus of between 10 to 15 1 year.

Consultant salary progression. 8 after 19 years completed 110683. I imagine the numbers for the Big4ACN will look different. Mckinsey Salary Progression Overview 2021 Leave a Comment Salary Guide By Samuel As of 2020 the Mckinsey salary of an entry-level consultant Analyst ranges from 108000 to 116000 per annum.

5 after 4 years completed 92372. At Associate or Consultant level this amount rises to between 52000 and 59000 per year. 113500 MBA associates receive about 145000 as a base salary with a performance bonus of 31900.

6 after 9 years completed 98477. 3 after 2 years completed 87238. 7 after 14 years completed 104584.

Average base salary across practices. Based on 5589 salaries submitted by Glassdoor members with the title Consultant 0-2 years at Deloitte in US. Partner-level managers partners directors principals can earn up to 1000000-1300000.

New data from Prism Executive Recruitment an executive search firm for the consulting industry shows that average base salary for consultants has seen little movement over the previous year. Deloitte consultant starting salary first yearassociate. Management consultant salaries in the United States will vary by position and experience.

The base salary for a consultant is about 88000 with a performance bonus of 13000. Analyst 1-3 years out of undergrad. A Junior Consultant on average earns a base salary of 30000 per annum while an average Director in the consultancy industry can earn up to 190000 including benefits and bonuses.

2 after 1 year completed as consultant 84667. 35k to 45k no bonus - graduate - 2 years Junior Associate. Starting from the base fresh graduates from undergrad institutions earn an average base pay of 83500 from top-tier consulting firms.

In other developed countries the figure fluctuates from 110000 to 150000 profit sharing not included. This salary progression and other benefits are why Mckinseys salary has become a topic of discussion in the consulting world. Consultant Salary Growth Trajectory.

Consultant Analyst - 40-44k 10-14k bonus 1 to 2 years at this rank Consultant - 50-60k 15k bonus 2 to 4 years at this rank Principal Consultant - 65-90k 20k bonus at least 4 or 5 years at this rank but some people dont push for MC and stay here for life -. For instance when promoted from Associate to Consultant at BCG your base salary almost doubles. Meanwhile a Manager in consulting a consultant with typically between six to nine years of experience earns 64000 and 74000 per annum.

This list has been compiled with information from WSO Quora and more in order to present the most accurate figures possible. First-year out of UndergradMasters program. In addition to salary information it contains expected years out of undergradMBA at each position.

Below is an estimate of all-in consulting compensation progression. 4 after 3 years completed 89809. Consultants can also receive a signing bonus of 12500.

BCG Consultant Salary in. Consultants fresh MBA hire earn a salary of 125000 signing bonus of 20000 performance bonus of up to 40000 profit-sharing vesting three years later of approximately 14000 depending on firm performance 5 of salary contributed into retirement fund. 200000 200000.

Project leadersmanagers are typically paid 200000-250000. Up to 26012 per annum. Managers earn approximately 350000.

These are merely estimates and the ranges seem to mostly apply for most of the higher end consulting shops. At top consulting firms entry-level management consultants may earn 100000 each year bonuses and profit sharings included while senior consultants may earn up to 200000. Among the MBB the difference between total pay offered ranges from 12500 21250.

BCG Consultant yearly salary in the US can be up to 215500 with 165000 from base 41500 from bonuses and 9000 from profit sharing. Partners often earn over 1000000. 1 starting salary 82096.

Directors or Vice Presidents enjoy an average base salary of between 79000 and 106000 per annum. These numbers grow more pronounced with each step in a consultants career post-MBA. Their performance bonuses range between 12000-18000 with.

Heres the potential salary growth trajectory of someone working at a top consulting firm McKinsey Bain or BCG in the US. Develop and implement a range of activity which produces leads and creates the opportunity to sell products and. We have an exciting opportunity for a Progression Consultant to provide a quality recruitment service to Employments customers and employers.

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