Category: consulting salaries

Setting Up Your Twenties for Financial Success (Podcast Takeover w/ Jay Hou)

If you're in your early career, especially in your twenties, this episode is for you. Incoming Kearney consultant Jay Hou takes over the podcast and interviews Jenny Rae to identify keys and mindsets to crush your twenties - financially, relationally, and otherwise. You'll walk away inspired and equipped to tackle your twenties and set your…

Healthcare Consultant Salary

Do you have a passion for healthcare consulting and want to understand what a healthcare consultant salary might be? If yes, keep reading! This article will go through the ins and outs of healthcare consultants’ salaries and compare the salaries to generalist consulting firms. Taking a step back, a career in healthcare consulting encompasses all…

MBB to Increase Base Salary by up to $12K for pre-MBA and $17K for post-MBA hires

Published August 12, 2022 Management Consulted has learned that BCG will be rolling out an updated compensation structure as of September 1, 2022. The big highlights? Base salaries for Associates (pre advanced degree entry level) will rise to $110,000. The Consultant base salary (post advanced degree entry level) will rise to a whopping $190,000. In…

Gender Pay Gap: Consulting Firms

One of the hottest topics in business - and society more broadly - is the gender pay gap. But is there a gender pay gap in management consulting? Overall, the controlled gender pay gap is not as pronounced as some would have you believe. According to Payscale, in 2019, women in the United States earned…

Consultant Salary UK

What is the average consultant salary in the UK? Is compensation in the UK higher than in the U.S.? For entry-level roles – that means folks coming right out of undergraduate/MS programs – the average base salary for consultants in the UK is around ~£40,000. At the post-MBA level – folks with an MBA, PhD,…

Are consulting firms overvaluing MBA hires?

As our latest salary data shows, post-MBA base salaries at consulting firms continue to rise to unprecedented new heights. Add in the signing bonus and performance bonuses, and MBA graduates are well on their way to earning north of $250K in their first year. But are consulting firms overvaluing MBA hires? Our hypothesis is yes.…

Consulting Firms Increase Benefits To Lure Top Talent

Consulting firms are stepping up their game in the bid to attract top talent. In particular, they are increasing both financial and non-financial incentives. Here's how firms are increasing the consulting benefits they offer candidates. Get more in-depth compensation info in our Consulting Salary Report. Consulting Firm Benefits Tangible Benefits While these perks are not…

BCG to Increase Base Salary by $10K for Associates and Consultants

In a move sure to cause a ripple effect across the management consulting landscape, BCG has announced it is raising salaries for junior employees. First-year BCG employees at the Associate and Consultant level will see their base salary increase $10,000 in October 2021. This also means that if you're going through the recruiting process now,…

Implementation Consultant: What They Do & Salary Data

What are implementation consultants and what – exactly – do they do? There are many different types of consulting, which can get confusing when you’re deciding where exactly you want to enter the industry. Today, we’ll help clear up some of the confusion. With a focus on project management and business analysis, implementation consultants play…

McKinsey Perks: More Than Just a McKinsey Salary

McKinsey perks have a reputation for being among the best in management consulting. This is quite the accomplishment, considering McKinsey employs over 27,000 people worldwide. But the generally positive reputation of McKinsey benefits doesn’t quite do the topic justice. McKinsey perks include both the financial kind (salary, bonus, profit share, 401K, etc.) as well as…