Consulting associate salary

Consulting associate salary DEFAULT

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Salary satisfaction

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55% of Associate consultants in the United States think their salaries are enough for the cost of living in their area

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Verus is in search of a Senior Consulting Associate to join our Los Angeles team. Candidates should be detail oriented, organized, and proactive. The Senior Consulting Associate's primary ...

LinkedIn - 62 days ago

Born from the Big 4, APV Consulting is a high quality advisory firm that specializes in SOX implementation, IPO readiness and filing, and technical accounting consulting for transactions like ...

LinkedIn - 4 days ago

Must have current CSST or CAC certification. General duties may include, but are not limited to, the following: a) Perform industrial hygiene evaluations including: field inspections, sampling of air ...

LinkedIn - 4 days ago

Life Sciences Associate Consultants are charged with assisting in the execution of key project ... Experience in management consulting OR within the pharmaceutical/biotech industry * Graduate or ...

LinkedIn - 4 days ago

... consulting (Associates and Consultants) from both campus and experienced hire pools, as well as support Experienced Hire, Digital, and Analytics recruiting efforts for the Los Angeles office

Boston Consulting Group - 51 days ago

... Consulting currently has opportunities available for motivated individuals who are looking to take ... It is an independent marketing distributor where you associate with distributors of digital ...

ZipRecruiter - 5 days ago

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Average Consulting Associate Salary

Avg. Base Salary (USD)

The average salary for a Consulting Associate is $70,567


What is the Pay by Experience Level for Consulting Associates?

An entry-level Consulting Associate with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $64,305 based on 79 salaries. An early career Consulting Associate with 1-4 years of experience earns an average total compensation of $70,390 based on 159 salaries. A …Read more

Job Satisfaction for Consulting Associate

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Gender Breakdown

This data is based on 162 survey responses. Learn more about the gender pay gap.

Common Health Benefits


Why First-Year Consulting Salaries Aren’t All They’re Cracked Up To Be

young professional millennial
For young people fresh out of college, there's nothing quite like the promise of a consulting salary.

Land a gig at one of the major firms and you can easily make upward of $60,000 in your first year. A lucky few even break into six figures. But considering the grueling hours that most entry-level consultants work, is that money really all it's cracked up to be?

We ran the numbers on what first-year consultants actually make based on how many hours they can expect to work. The results might surprise you.

Let's start with salaries. First-year consultants with a Bachelor's degree at most major firms (often referred to as "associate consultants") can typically expect to earn between $60,000 and $90,000. For a select number of firms, the salary can approach $100,000. This figure includes base salary, signing bonus, and relocation expenses.

Now let's consider hours. A first-year consultant at these firms would be working 11 to 14 hours a day, for a rough schedule of 55 to 70 hours per week. That doesn't account for the fact that most consultants travel several times a week for work, taking up more time in their already busy schedules.

At the low end, then, first-year consultants are making about $60,000 and working 55 hours a week. If you multiply that by 52 weeks a year, that converts to 2,860 annual hours. We divide the annual wages ($60,000) by the yearly hours (2,860) to get an hourly salary of $20.98, or roughly $21.

Here's a closer look at that math:

consulting hourly salary
Business Insider

An hourly salary of $21 isn't bad, but it doesn't sound nearly as impressive as $60,000 a year. Let's try on the upper end, where first-year consultants make as much as $90,000. We'll assume those at the high end of the bracket are likely working at top-tier firms that require the longest hours, averaging around 70 hours a week. Following the same formula, those 70 weekly hours convert into 3,640 yearly ones. So our elite consultants are making:

consulting hourly salary 2
Business Insider

Again, not a bad hourly wage, but also nothing to write home about. To put these hourly figures in perspective, someone who works an average 40-hour week and makes $21 an hour would be earning an annual salary of just under $44,000. Someone working a 40-hour week and making $25 an hour would earn $52,000 a year.

The bottom line: First-year consultants can certainly earn a tremendous amount of money with nothing more than a Bachelor's degree in hand. But the staggering sums that big firms advertise aren't really what they seem. On an hourly basis, consulting salaries aren't all that different from those of other middle-class jobs — they're just adjusted to account for the tremendous number of hours these employees will put in.


Salary consulting associate

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Consulting Salary Structure

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