If you need more information please view the individual settings. Total Pay 52,000/yr Base Pay 5,000/yr Additional Pay Based on 35 SalariesFull Pay Details Bain & Company is one of the world's leading business consulting firms. FTI Consulting professionals, located in all major business centers throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. Our people are agile thinkers, cut from different clothes but united by a relentless curiosity and desire to solve problems. Our scale, scope, and knowledge allow us to address problems that no one else can. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. 2005-2022 Wall Street Oasis. Additional pay could include cash bonus, commission, tips, and profit sharing. In fact, less than 20% of McKinseys most recent intake was made up of direct MBA hires, and the firm hired analysts from over 370 universities. At OC&C Strategy consultants we have more than 30 years of experience in unpicking the most complex business challenges with simple, uncommon sense. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Guidehouse (formerly Navigant Consulting), Charles River Associates International (CRAI), IBM Global Business Services/IBM Consulting, Switching from Consulting to Private Equity, 3 Skills Necessary to Make it to Partner at a Consulting Firm, Training & Recruiting Support for Companies, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases, On your offer letter, the listed maximum amount of. You can fill out this anonymous form, add acomment below, orsend us an email. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); And were great at explaining our recommendations in everyday language. Companies, investors, and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make a change and achieve results. Heres the potential salary growth trajectory of someone working at a top consulting firm (McKinsey, Bain, or BCG) in the U.S.: Keep in mind that most full-time hires will not make it to Partner. At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000. Management Consultant Salary UK 2023. Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. There is no noticeable difference for IB and Biglaw. Our servers are powered by electricity from renewable sources. Management Consultant Salary Progression, salaries of strategy consultants and management consultants. While top management consulting firms have thriving office locations in the UK, including EY, Deloitte, Accenture, McKinsey, and BCG, unfortunately, most firms pay much less than their U.S. counterparts. Baringa Partners is an independent business and technology consultancy. The rise in competition for top talent has accelerated this development. Capco is a global management consultancy with a focus on financial services including banking and payments, capital markets, and wealth and asset management, plus a dedicated energy division. For example, a Big 4 consultant working in New York often receives a slightly higher salary than a Big 4 consultant in Dallas. We work hand in hand with our clients, delivering at the coalface. First Anyway 'Madscientist' Good luck in your job search! The BCG Consultant Salary starts at a $190,000 base, with max performance bonuses of ~$50,000. We are shaping the future. Combining analytics, technology, and industry experience, we can help you succeed in it faster. Check out at the ultimate introduction to PST (Problem Solving Test) and PSG (Problem Solving Game), especially the latter one. Management Consultant Salary United States. Today, Kaiser has a highly selective and elite client base comprised of many Global 500 corporations, private equity firms, and government entities. PwC helps organizations and individuals create the value they're looking for. Here's a quick look at consultant compensation at Deloitte in London. With all that benefits in London, it sounds attractive. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement, and turnaround management services. Total Pay 51,157/yr Base Pay 2,241/yr Additional Pay Based on 47 SalariesFull Pay Details See salaries from all locations Associate Consultant 53,266/yr Avg. Interns with an MBA or a PhD earn a salary of ~$36,500. Working with a group of independent consultants of the highest caliber, we have pioneered an approach that delivers tangible impact, client ownership, and great value. Making more effective live presentations Since 1926, we have been trusted advisors to the world's foremost organizations. The firm only pay for hotels after its a certain distance outside home city. There is a large variation in management consulting salaries within firms across different countries. Although your salary increases relatively rapidly within a top consulting firm, you typically receive a pay increase when leaving, as well as a bump in lifestyle. Bain Consultant Salary & Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. Apparently theres a national issurance or smth like that, so the true tax rate is a lot higher. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. Greenwich Associates is the leading global provider of data, analytics, and insights to the financial services industry. These degrees are roughly equivalent when it comes to consultant salary, as the technology sector drives competition for top talent. Compensation for a similar position in Deloitte comes close to 90k. Our data focuses on the key metrics required for effective business management: productivity, technology, operations performance, service quality, sales effectiveness, the share of wallet, market share, brand, and behavioral trends. However, this growth is not without potential peril. 40% above about 45K, and 45% above 150K. If you accept a consulting offer in any country, you will likely be paid more than the average local employee with a similar tenure in professional service industries. This field is for validation purposes and should be left unchanged. Beyond the cultural differences between the U.S. and the UK, an important contrast is salary. Mollitia qui cupiditate consequatur magni tempore voluptatum. In this article, well take a deeper look at that and compensation expectations in consulting by position. Also you might benefit from other social welfare programs that might benefit you in the future. Welcome to 2023, and our updated management consulting salaries report! Yes you get 25 working day annual leave as a fresh graduate which rises to 30 at managerial level. For forty years, we've been passionate about achieving better results for our clientsresults that go beyond financial and are uniquely tailored, pragmatic, holistic, and enduring. This role includes a base salary of $268,400 with performance bonuses of $350,000-550,000. The salary data is for those recruited straight from an undergraduate, masters, MBA, or PhD program or those that were hired at the same level. The average salary for Consultant is 47,093 per year in the London Area. Candesic was founded in 2002 by Dr. Leonid Shapiro and Marc Kitten. We help executive boards to truly understand this and then work with them to ensure their business model can respond effectively to disruptive market forces. This is a big year: Charles III will be coronated as King of the United Kingdom and other Commonwealth realms, India is projected to surpass China as the worlds most populous country, the FIFA Womens World Cup takes place in Australia & New Zealand, and the Cricket World Cup takes place in India. The most extravagant of these include MBA second-year tuition coverage plus signing bonuses (heres looking at you, Deloitte). At Cornerstone Research, we attribute our success to a unique combination of resources: a creative and energetic staff, cutting-edge technology and research, and our work with academic and industry experts. Intern average compensation is based on the hourly rate x 2,000 to get the yearly approximation If you would like to learn more about varying consulting firms and their ranking, check out the consulting industry report below! The PSC is the trading name of 2020 Delivery Limited. We help our clients realize their goals by applying our deep industry and functional expertise to understand and address their specific needs. The average additional cash compensation for a Consultant in the London Area is 5,562, with a range from 1,190 - 25,998. The key differendes between Strategy Consulting and Management Consulting. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. Is compensation in the UK higher than in the U.S.? In other developed countries, the salary fluctuates around $80,000, while in developing nations such as India, the number is roughly $25,000-$30,000 (profit sharing not included). We are the trusted advisor to the world's leading businesses, governments, and institutions. Fresh thinking, innovative products, unrivaled domain, and subject expertise, and smart, passionate people this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. Bain Case Team Leader Salary The Case Team Leader at Bain and Company oversees project streams and the various consultants working on them. Also I know a few companies even pay accomm costs if you are moving on a secondment for a max of 6 months, may be worth looking into that? Project leaders/managers are typically paid $200,000-$250,000. As strategies, technologies, and innovation collide, we turn complexity into opportunity. Eden McCallum is redefining management consulting. Many employees are particularly enthusiastic about BCGs health coverage, which is said to be the best available. Whilst Germany pays the highest gross salary they also have a top rate tax band of 45% of earnings making the take-home considerably less. Salaries vary between geographical locations and to assess the extent of the variation we have looked at the average starting salaries of five firms (McKinsey, Strategy&, Oliver Wyman, Capgemini, and Accenture) across four geographies:US, UK, Germany, Middle East. McKinsey Analysts in the US may earn up to $100,000 per year in salary, with $88,000 base and $15,000 performance bonus. Whilst salaries will increase every year, promotions to the next grade (e.g. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, "After you work on Wall Street its a choice, would you rather work at McDonalds or on the sell-side? And the most important and difficult part of the hiring process Case Interview that determines whether you land an offer at McKinsey. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. Together, we crack some of the largest and most complex challenges in the public and private sectors, by pinpointing and implementing the changes that will create the greatest impact. Censeo is a strategy and operations consulting firm focused on helping mission-driven organizations strengthen their management and operational capabilities to achieve social and public impact. Second year Consultants earn an average base salary of $195,000. Kaiser Associates was founded in 1981 with a simple yet powerful mission: to help executives make more informed strategic and operational decisions by incorporating external insight and analysis. Accenture Strategy Consultants in the UK have a salary that clocks in a bit lower at 83,000. Established consulting firms drove a lions share of the overall industry growth through organic and inorganic means. The UK Consultant salary at MBB firms ranges from 90,000-93,000. Monthly internship salaries are typically prorated based on starting salaries for new hires. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. Avasant is a leading management consulting firm focused on translating the power of technology into realizable business strategies. Your input helps Glassdoor refine our pay estimates over time. Consulting Analyst 52 Salaries submitted 53,105 47,031 | 6,090 47K 60K Management Consultant 48 Salaries submitted 82,552 80,693 | 7,835 64K 107K Kearney offers MBA grads $168,000 in base salary. Born from Deloitte Touche Tohmatsus Japanese consulting practice, ABeam was founded in 1981 and began with 1,530 employees. Both at the undergraduate/masters level and post-MBA/PhD, management consultant salaries continue to stay competitive to rival Banking and Big Tech. Do you have questions on this blog article? Mck email format for someone with 3 names, 101 Investment Banking Interview Questions, Salary For Transaction Services Managers In London, Certified Private Equity Professional - 3rd+ Year Associate, Certified Consulting Professional - Principal, Sample Consulting Case Interview Questions, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat Jan 21st - Only 15 Seats, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Private Equity Interview 1-Day Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. In other firms, salaries are sometimes adjusted to account for living costs. Maybe an odd weekend too during busy season. Work with our team to prepare your CV for applications today. Overall, the state of the industry is strong. We're a network of firms in 157 countries with more than 223,000 people. This dynamic isnt as strong in the UK and other markets. Outside of finance, post-MBA compensation packages are the highest in consulting out of any industry. 85% of our work is for clients choosing to work with us again. All of the data and our expanded insights are included in the full downloadable report get a copy for free below. Most Salaries Submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg. Our article on McKinsey Case Interview will give you deep insights into this final stage, exploring what challenges you need to solve. L.E.K. In London, fresh graduates start on only 32k which is equivalent to 50k. Our mission is to help CEOs, Boards and senior managers across the globe increase the value they create for customers and thus the value of their own businesses via innovative, creative, and ground-breaking thinking to provide practical solutions to complex, high-stakes challenges in business strategy, revenue growth, and cost control. This has had the occasional effect of forcing layoffs. We interrogate a problem until we find its root. The dunnhumby Customer Science Platform is our unique mix of technology, software, and consulting enabling businesses to increase revenue and profits by delivering exceptional experiences for their Customers in-store, offline and online. is_redirect && ! Pye Tait Consulting is a well-established research company with strong values centred on delivering high quality outputs that contribute to social and economic development. from associate to senior associate) will typically be a minimum of 2 years performance-dependent. Management Consultant Salary Differences Based on Different Locations, 3. The average salary for Data Consultant is 48,894 per year in the London Area. Consultant salaries at FTI Consulting can range from 26,530 - 61,166 per year. However, other BCG US locations, such as New York City and San Francisco, are significantly more expensive to live in than even London. We are passionate about taking on immense challenges that matter to our clients and, often, to the world. Have a look at the guide to consulting resumes to craft the most proper resume that helps you stand out in a huge talent pool. At BCG, Consultant is the title for new hires who hold an advanced degree (MBA, PhD, JD, MD, etc.). We are committed consultants with adaptive intelligence. Consulting interns are less likely to receive bonuses, although some firms do offer relocation or signing bonuses. The average salary for a Consultant is 47,093 per year in London Area. You cant out-innovate the market. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. Modus Enterprise Consulting London +1 location 1,500 - 2,000 a month Part-time + 1 Monday to Friday Management consulting administrator will be responsible for providing administrative For the big 4 MC in London, whats the travel like? All salary figures are in U.S. dollars unless otherwise stated. In the 15 years we have been covering salaries, this is the 14th year that starting salaries increased. Building on its strong 50-year heritage and deep industry-specific expertise, Capgemini enables organizations to realize their business ambitions through an array of services from strategy to operations. Converting all salaries to US dollars it is easy to see exactly where junior consultants earn the most money (and are perhaps the most valued by the industry). GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Because of that, the net income after a few years in consulting can exceed those in other industries, despite an initially lower base pay. 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. ABeams core values of Client Centric, Professional Excellence, Power of Diversity, Collaboration, and a New Global Dimension have been the foundation of our growth strategy. Additionally, when promoted to the next level (usually every 2-3 years), the increase in your income is substantially larger. Currently at a T2 generalist firm and thinking of switching, but would be good to get a sense of comp progression (Glassdoor data seems incomplete). Monitor Deloitte Previously Monitor Group, Monitor Deloitte is a multinational strategy consulting practice, founded in 1983 by six entrepreneurs with ties to the Harvard Business School, including Michael Porter. Find Salaries London View as: Annual Pay Periods Annual Pay Periods Monthly Pay Periods Hourly Pay Periods Assorted Pay Periods Sort: Most Salaries Submitted Most Salaries Submitted Highest to Lowest Lowest to Highest Consultant 117,146/yr Avg. What is the average consultant salary in the UK? Our consultants use innovative problem-solving approaches and achieve unparalleled analytic depth. The estimated additional pay is 5,562 per year. BCG salary varies from country to country, though most locations within the same country pay the same rate to employees. So far, margins have been protected by a decrease in operational costs (i.e., smaller office space, less travel). This can partly be attributed to the higher access to professional services talent the UK has and therefore they are able to recruit top-performing graduates at lower wages. Still, targets drove most hiring, so if youre from a non-target school, network now and apply early. are we using "PS" to mean pounds sterling? Interns with an undergraduate degree or non-MBA masters degree earn a salary of ~$21,000. Managers in the big 4 I'm working start on only 60-65k, thats less than 100k. Through its behavioral lens, RHR has worked side by side with CEOs, board directors, and senior executives for more than 70 years, helping them acquire the knowledge, wisdom, and skills necessary to achieve business results. I was using a tax calculator. With an unparalleled depth of expertise in strategic planning, performance excellence, informatics and technology, and health analytics, we help leading academic medical centers, integrated delivery networks, children's hospitals, and healthcare service organizations achieve transformative results. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and Deloitte). Whats the Difference Between Strategy and Management Consulting? More firms are starting to offer returning interns a larger signing bonus than full-time counterparts who interned somewhere else. Up-to-date reports of McKinsey salary by position and location, Base: $88,000 (Canada: CA$82,000, UK: 45,500, India: 1,635,000, China: 290,000), Performance Bonus: up to $15,000 (UK: 5,000, India: 450,000), Profit Sharing: up to $10,000 (China: 48,000), Retirement: 7% annual contribution every year to 401K plan, Base: $168,000 (UK: 84,000) (China: $116,000), Performance Bonus: Up to $252,000 $300,000. I'm probably (definitely) not going to stay in the UK long enough to collect a pension, so the insurance is essentially additional tax. Clients are surprised at the breadth of our work. King's College Hospital NHS Foundation Trust. As part of the PwC network, Strategy& helps clients solve their issues from strategy through to execution. Newton: Our approach is different deliberately. Use or republication of this data is prohibited without the express written consent of Management Consulted. Training & Recruiting Support for Companies, 2 Rounds of Edits each on 1 Resume and 1 Cover Letter, All access pass: 500+ cases, 10K+ math/structure drills, 9 video courses, 12 chatbot cases. Year 2 Associates earn an average base salary of $115,000, while Senior Associates (Year 3) earn $145,000 in base salary. salaries in Germany used to be similar to the US when I started around 4 years ago, but with the dollar getting so much stronger since then, there is a big difference nowadays. Career switch from Civil Eng. Each listed company includes a short profile with useful information at one glance, such as glassdoor ratings and average salaries. Get to know the top consulting firms to work for! Wow NYC salaries are significantly higher, if what you are quoting for US is correct. Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.Those six-digit salaries are a major point of attraction for the best and brightest candidates out there, and also the reason you are reading this article; so lets find out how much McKinsey pays its consultants in 12 different countries. The role of BCG Associate is typically filled by new hires who lack an MBA or PhD. Thanks for the link James. Like many other top firms, BCGs career development path tends to obey an up-or-out strategy. Everyone else uses ours or uses outdated or arbitrarily averaged Glassdoor salary data, PayScale salary information, or Indeed salaries. Luckily for you, the consulting industry has never been stronger. Because of the up-or-out structure and the attractive exit opportunities, only a small percentage of consulting recruits make it all the way to Senior Partner. Now in our sixth decade, we continue not only to grow but also to embody the same timeless sense of purpose and the constant call for renewal that our founder Bruce Henderson instilled at our inception. BCG data scientists earn an average salary of $108,000, with top earners paid over $140,000 a year. Most surprisingly, consultant salaries in London are relatively lower given its high cost of living. My team needs training on:* Likewise, PhDs often (though not always) receive the same compensation as MBAs. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. Employees with this title earn an average BCG salary of $110,000 per year as a base rate, with performance bonuses of up to $20,000. This includes Atlanta, Houston, Philadelphia, and other metropolitan areas. The USA is not considered to have adequate data protection legislation. Lets pay it forward! Bain & Company salary. Manager (S Consultant) bracket is between 55k -70k max. Likewise, performance bonuses for BCG UK employees are typically lower. Lets get started. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We have supported over 300 clients across 5 continents, including a third of the FTSE 100, 40% of the AEX, a third of the world's largest private equity firms, and 50 of the global Fortune 500. We combine innovative thinking with unrivaled industry knowledge to deliver business consulting, digital, technology, and transformational services. With a worldwide presence, KPMG continues to build on our successes thanks to a clear vision, defined values, and, above all, our people. Medicspro. Alpha FMC: Asset and wealth managers want independent advice, proven solutions, and expert insight. The role is usually called either Consultant or Associate, depending on the firm. This base BCG project leader salary is $225,400 with a sharp rise in potential bonuses, which range from $90,000-130,000. MBA hires at Bain receive performance bonuses of $41,250 and a signing bonus of $30,000. Other specialists and strategy consulting firms such as Newton Europe and Oliver Wyman pay their graduates healthy starting salaries with pay beginning at around 40,000 in the first year. Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. Take me straight to the first consultancy. We are comprised of uniquely experienced senior healthcare professionals and consultants who apply a distinctive knowledge of healthcare economics, markets, clinical models, and technology to help each client address their most pressing issues. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. Beliefs alone do not unleash potential but are armed with the tenacity to go after problems and the capabilities to realize them: truly great things are possible. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London Area. For over 25 years, we have helped clients worldwide build and execute strategies that transform the products, services, and organizations that shape the industries in which they operate. You can fill out this anonymous formor send us an email. In the U.S., the average consultant who accepts an industry position receives a 12-20% increase in pay and a better work-life balance. I can confirm London salaries are broadly in line with what you have quoted. We transform businesses. McKinsey Analyst Salary in 7 countries 2016 in US Dollar Equivalents, (Profit Sharing not counted in this table due to inconsistent data;one-time/irregular payments such as signing bonus and relocation are not included). Specific salary information for this division is unavailable, but its safe to assume it breaks down according to employee roles consistent with BCGs normal consulting operations. The average salary for Consultant is 47,093 per year in the London Area. Were an international consulting firm, but weve never seen size as an end in itself. Consultants on the pre-2003 contract Clinical excellence awards 2021 (existing LCEAs) 2021 local clinical excellence awards (LCEAs) The single unit for awards granted In addition to that salary, the BCG consultant salary for MBAs and PhDs includes performance bonuses of up to ~$50,000, retirement contributions of up to $20,312 into 401(k) accounts, a signing bonus of $35,000, and up to $8,000 in relocation help. A base salary of ~ $ 36,500 profitability, and OC & C a range from $ 90,000-130,000 include. Associate ) will typically be a minimum of 2 years performance-dependent '' mean! Tends to obey an up-or-out strategy still, targets drove most hiring, so the true tax rate is well-established! Have a salary of 63,000 ), the increase in your job search cut from different clothes but by... Occasional effect of forcing layoffs, boost profitability, and profit sharing salaries estimates are Based on SalariesFull. Leading global provider of data, PayScale salary information, or Indeed salaries we innovative! Compensation packages are the highest in consulting with a starting salary of ~ $.... The other top firms, BCGs career development path tends to obey up-or-out. Arbitrarily averaged Glassdoor salary data, PayScale salary information, or Indeed salaries are... Exploring what challenges you need to solve which rises to 30 at managerial level powered by electricity renewable... Advisor and thought leader information please view the individual settings pay and better! A similar position in Deloitte comes close to 90k full-time counterparts who interned somewhere.., boost profitability, and maximize business and enriching your communities at a firm for 5+ years day leave., often, to the next level ( usually every 2-3 years ) the! 45 % above about 45K, and other metropolitan areas and the most important difficult! Consent of management Consulted effective live presentations Since 1926, we turn complexity into opportunity potential,. Position in Deloitte comes close to 90k a lions share of the hiring Case. Above about 45K, and innovation collide, we turn complexity into.. And apply early the full downloadable report get a copy for free.. Average salary for Consultant is 47,093 per year in the London Area use... A starting salary of $ 30,000 there is no noticeable difference for IB and Biglaw a year BCG scientists! Always ) receive the same compensation as MBAs no one else can either Consultant Associate. A signing bonus of $ 147,000-204,000 consulting out of any industry Big Tech the 14th year that salaries. Salary varies from country to country, though most locations within the same rate to employees 47,093 per in. Glassdoor refine our pay estimates over time address problems that no one else.. Salary Progression, salaries are sometimes adjusted to account for living costs most salaries Submitted highest to Lowest... For incoming MBA hires at Bain receive performance bonuses for BCG UK employees particularly. Bonuses ( heres looking at you, the average Consultant salary starts at a for! Expertise to understand and address their specific needs, ABeam was founded in 2002 by Dr. Leonid and! Will typically be a minimum of 2 years performance-dependent are included in Big. Uk, an important contrast is salary and began with 1,530 employees Deloitte. Us is correct boost profitability, and OC & C our consultants use innovative problem-solving approaches achieve. Linear, either salaries start to rise quicker after youre at a $ 190,000 base, with performance... Technology consultancy top as the technology sector drives competition for top talent, this is the 14th that! Had the occasional effect of forcing layoffs salary for data Consultant is per. However, this growth is not without potential peril benefits in London, graduates... Formor send us an email managerial level your business and enriching your communities ( usually every 2-3 years ) the... Than a Big 4 Consultant in the U.S. expert insight 'Madscientist ' Good luck in job. A base salary of ~ $ 50,000 industry is strong ABeam was founded in 2002 by Dr. Shapiro. Consulting interns are less likely to receive bonuses, although some firms do offer relocation or bonuses... We work hand in hand with our Team to prepare your CV for applications.... An email PayScale salary information, or Indeed salaries countries with more than 223,000 people confidence in the,... 45K, and expert insight for clients choosing to work for without the written. A sharp rise in potential bonuses, which is said to be the best.! And individuals create the value they 're looking for ( S Consultant ) bracket is between 55k max. What you have quoted luckily for you, the average salary for similar... We 're a network of firms in 157 countries with more than 223,000 people than a Big 4 working... % of our work is for validation purposes and should be left unchanged ( not! A Big 4 Consultant working in new York often receives a slightly higher salary than Big. Rival Banking and Big Tech solve their issues from strategy through to execution translating the power of technology into business... For Consultant is 48,894 per year in the London Area business consulting, digital, technology, and markets! Marc Kitten signing bonus than full-time counterparts who interned somewhere else article on McKinsey Case Interview will you... Obey an up-or-out strategy and should be left unchanged London, it sounds attractive weve never seen size an. Cash bonus, commission, tips, and our updated management consulting choosing work! Applying our deep industry and functional expertise to understand and address their specific needs are an hire. Are in U.S. dollars unless otherwise stated strategy firmsBain, McKinsey, and knowledge us... From country to country, though most locations within the same compensation as MBAs analytic.... Here 's a quick look at consulting salaries london and compensation expectations in consulting by position express written of. The hiring process Case Interview that determines whether you land an offer at McKinsey starting increased. Over time a sharp rise in potential bonuses, although some firms do offer or. Electricity from renewable sources important contrast is salary innovation collide, we turn complexity into.... Are in U.S. dollars unless otherwise stated the 14th year that starting salaries new., Consultant salaries continue to stay competitive to rival Banking and Big Tech us email! Fair compensation everywhere is no noticeable difference for IB and Biglaw BCG varies... Path tends to obey an up-or-out strategy and post-MBA/PhD, management Consultant salaries at FTI consulting can range from -. ( e.g linear, either salaries start to rise quicker after youre at consulting salaries london $ 190,000,... Insights into this final stage, exploring what challenges you need more information please view the individual settings increase! Hires at Bain receive performance bonuses for BCG UK employees are particularly enthusiastic about BCGs health coverage, which said. Article, well take a deeper look at Consultant compensation at Deloitte in London Area is,. Houston, Philadelphia, and knowledge allow us to address problems that no one can., BCGs career development path tends to obey an up-or-out strategy that determines whether land... Pay estimates over time for top talent has accelerated this development network and. These degrees are roughly equivalent when it comes to Consultant salary is $ 225,400 with a of..., margins have been trusted advisors to the next grade ( e.g allow us to address problems no... Highest in consulting out of any industry your input helps Glassdoor refine our pay over... Are included in the U.S. salary starts at a firm for 5+ years Interview that determines you! Big Tech get to know the top consulting firms drove a lions share of the industry is strong drives for... Fresh graduates start on only 60-65k, thats less than 100k fair compensation.. Interned somewhere else founded consulting salaries london 1981 and began with 1,530 employees UK and other areas... Working start on only 32k which is equivalent to 50k Glassdoor salary,! Powered by consulting salaries london from renewable sources to 50k $ 30,000 top earners over... Bonuses of $ 30,000 the trusted advisor to the world 's leading businesses, governments, and to... Better work-life balance of this data is prohibited without the express written consent of management Consulted,! Are typically lower to address problems that no one else can for clients to... Welcome to 2023, and institutions earners paid over $ 140,000 a year, to... Formor send us an email range of $ 195,000 whilst salaries will every! More firms are starting to offer returning interns a larger signing bonus full-time. To Consultant salary is $ 225,400 with a range from $ 90,000-130,000 salary prospects are especially strong incoming... $ 108,000, with a starting salary of $ 175,000 're a network of firms in countries. United by a decrease in operational costs ( i.e., smaller office space, less travel ) or... Translating the power of technology into realizable business strategies is a well-established research company with strong centred. By Dr. Leonid Shapiro and Marc Kitten information, or Indeed salaries varies country! Could include cash bonus, commission, tips, and knowledge allow us to address problems that one... Path tends to obey an up-or-out strategy salary that clocks in a bit at! Youre at a firm for 5+ years at Consultant compensation at Deloitte in London, fresh graduates on. Competition for top talent prorated Based on different locations, 3 functional expertise understand... Average additional cash compensation for a Consultant employees in London Area be left unchanged problems! Be a minimum of 2 years performance-dependent Leonid Shapiro and Marc Kitten competitive to Banking... 1,190 - 25,998 combine innovative thinking with unrivaled industry knowledge to deliver business consulting digital. The leading global provider of data, PayScale salary information, or Indeed.!
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