Where the UK differentiates itself in part is in benefits and culture. BCG Consultant Salary. Year 2 Associates earn an average base salary of $115,000, while Senior Associates (Year 3) earn $145,000 in base salary. The Boston Consulting Group salary in the UK is the highest out of the three at 93,000. In other developed countries like the UK or Canada, the total annual salary of a Deloitte Consulting Senior Manager is around $150,000. Making more effective live presentations A.T. Kearney is a partner-owned firm, committed to helping clients achieve immediate impact and growing advantage on their most mission-critical issues. 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 178,883per year. In the Middle East employees do not pay income tax on their earnings and therefore after tax, it is where you will take home the largest salary. PwC Strategy& UK (the firms strategy consulting arm) pays much better than the average Junior Consultant salary in the UK at 52,000. There is a large variation in management consulting salaries within firms across different countries. The average salary for Consultant is 47,093 per year in the London Area. I was using a tax calculator. Most Salaries Submitted Highest to Lowest Lowest to Highest Associate 51,666/yr Avg. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. After ten or more years with the company, an employee may rise to the senior partner/director position. The average salary for a Consultant is 47,093 per year in London, England. First and foremost, the U.S. has a more competitive labor market consulting firms compete against Wall Street and Silicon Valley for top talent, which drives salaries higher in the U.S. compared to other economies. At McKinsey,the salary for We question everything and apply thoughtful and rigorous analysis to each challenge, issue, and opportunity. Other top boutiques will generally pay between 80,000-90,000. If youre wanting to go into tech or IT consulting in the UK, the numbers are a little bit lower, but not all that different. We have 207,000 outstanding professionals working together to deliver value in 153 countries and territories. is_redirect && ! Together. Our work combines advice with action and integrity. Since January 2021, the PSG has replaced the PST in virtually all McKinsey offices. When comparing consulting roles to those in industry at the same level, there are few better options when it comes to total comp. Clients are surprised at the breadth of our work. In other developed countries, the salary fluctuates between $170,000 to $200,000, while in developing nations, the number is roughly $80,000 to $100,000 (profit sharing not included). The average salary for a Consultant is 47,093 per year in London Area. The average annual Junior Consultant salary (AKA Consulting Analyst salary) in the UK is a bit under 40,000. Partnering with our clients, we are solving the world's most intricate challenges. You can choose to activate only essential cookies or all cookies. Some related job titles areEntry Level Consultant Salaries with median pay of 56,215,Senior Consultant Salaries with median pay of 64,325,Associate Consultant Salaries with median pay of 43,194,Business Analyst Salaries with median pay of 54,722. The average salary for a L&D Consultant is $56,746 per year in London (United Kingdom). I would choose McDonalds over the sell-side. - David Tepper. Interested in company salary figures? We support clients to resolve their most pressing issues of strategy, operations, and organization. BTW I'm an American who's been living and working (not in consulting but looking to get into it) in London for nearly 5 years, and not looking to move back anytime soon. The estimated total pay for a Consultant is 52,655 per year in the London, England area, with an average salary of 47,093 per year. As retail specialists, Javelin Group's strength lies in its unique vertical model. BCG salary varies from country to country, though most locations within the same country pay the same rate to employees. Contribute to our Q&A forum and ask the community your question! This amount of time has some variability, but most BCG employees fill a role for two to three years before being promoted or moving on. Salaries estimates are based on 15573 salaries submitted anonymously to Glassdoor by a Consultant employees in London, England. Most surprisingly, consultant salaries in London are relatively lower given its high cost of living. It pays to be in the US both from a salary and cost-of-living perspective. BCG comes out on top as the highest paying UK graduate employer in consulting with a starting salary of 63,000. Thanks for the link James. Seems like the US salaries are way off what UK consulting pays - I can confirm this for Big4 atleast (PwC, EY, KPMY and gform.initializeOnLoaded( function() {gformInitSpinner( 110, 'https://managementconsulted.com/app/plugins/gravityforms/images/spinner.svg' );jQuery('#gform_ajax_frame_110').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_110');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_110').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! Since 1926, we have been trusted advisors to the world's foremost organizations. Lets get started. 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. In this article, well take a deeper look at that and compensation expectations in consulting by position. The firm only pay for hotels after its a certain distance outside home city. In other developed countries, the salary fluctuates between $110,000 to $140,000, while in developing nations, the number is roughly $40,000-$50,000 (profit sharing not included). We work with leading organizations across the private, public and social sectors. Deloitte invests in outstanding people of diverse talents and backgrounds and empowers them to achieve more than they could elsewhere. 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. Work with our team to prepare your CV for applications today. Anyway, I've decided to stay in NYC for at least a bit more. This means that, within a regular time frame, employees are typically either offered a promotion or asked to seek employment elsewhere. However you will most likely get a re-location allowance to help make up some of the difference. I didn't pay a penny and could have taken much longer to recover and not worry about my job. Our 50 offices are located in key global business hubs. employs more than 1,400 professionals across the Americas, Asia-Pacific, and Europe. Assuming you are able to get hired as a consultant at BCG, you are sure to earn an attractive salary. Alpha FMC: Asset and wealth managers want independent advice, proven solutions, and expert insight. Candesic provides management consultancy and commercial due diligence services to corporates, private equity and other financial investors, and public sector organizations like the NHS. Interns with an undergraduate degree or non-MBA masters degree earn a salary of ~$21,000. 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. You can always change your preference in the, 2. Salaries for consulting are generally much higher in the US than anywhere else in the world.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.You might get a relocation allowance when you transfer, but don't expect them to match your salary. Last FTI Consulting, Inc. is an independent global business advisory firm dedicated to helping organizations manage change, mitigate risk, and resolve disputes: financial, legal, operational, political & regulatory, reputational, and transactional. http:// managementconsulted .com /consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/. The estimated total pay for a Consultant is 52,652 per year in the London, England area, with an average salary of 47,092 per year. Medicspro. At this level, the average global Bain consultant salary is $165,000 a year, with a range of $147,000-204,000. MBB: Standard hours prob 8am to 8pm with until midnight and later during peak seasons. Many employees are particularly enthusiastic about BCGs health coverage, which is said to be the best available. 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. to CO..anyone done it ? McKinsey & Company salary (2020) Up-to-date reports of McKinsey salary by position and location. One common refrain is the clich that you can have a baby for only $20 in copays. At Accenture UK, the consulting analyst salary is 33,500. Anyone at Altman Solon London who can provide total comp figures for Consultant, Senior Consultant and Engagement Manager levels? 2.8. From locations in Frankfurt, London, Paris, San Francisco, Singapore, and Sydney, we deliver actionable strategies, measurable results, and a unique blend of global perspective and local market knowledge for clients in over 45 countries. We add value and support our clients across the full spectrum of consulting, from strategy through delivery. 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. WTF?! 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. Consulting interns are less likely to receive bonuses, although some firms do offer relocation or signing bonuses. Management consulting salaries are highest in the U.S. due to the aforementioned war for talent with Silicon Valley and Wall Street, heightened U.S. demand for consulting services, and a generally tighter domestic labor market. 2005-2022 Wall Street Oasis. Teneo (formerly Credo): We look at everything through the eyes of the CEO, working with the leaders of Fortune 500 and FTSE 100/250 companies, the leading private equity houses, and major public-sector organizations. (function(d,u,ac){var s=d.createElement('script');s.type='text/javascript';s.src='https://a.omappapi.com/app/js/api.min.js';s.async=true;s.dataset.user=u;s.dataset.campaign=ac;d.getElementsByTagName('head')[0].appendChild(s);})(document,170943,'wu2aolkgvxkc9nr9njn8'); Consultant salaries at BCG and elsewhere have been on an upward trend. Additionally, when promoted to the next level (usually every 2-3 years), the increase in your income is substantially larger. I can confirm London salaries are broadly in line with what you have quoted. 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. Whilst salaries will increase every year, promotions to the next grade (e.g. Do consultants rack up a lot of credit card points? How much does a Consultant in London, England make? Our servers are powered by electricity from renewable sources. Founded in 1990, The Berkeley Partnership is an independent management consultancy. The base rate for UK employees always tends to lag behind the BCG salary for US employees. They are followed by the other top strategy firmsBain, McKinsey, and OC&C. I hear it's much lesser than what we get in UK. One notable exception is finance, where salaries are higher but work-life balance is often worse. But if thats not possible for you, the UK is a fantastic market for you to launch or continue your consulting career, giving you the opportunity to work with world-class clients in one of the largest economies of the world. MBA consultant salaries at firms like Accenture Strategy, LEK Consulting, and Oliver Wyman rival the Big Three, with base salaries ranging from $160,000-to-$175,000. We are the trusted advisor to the world's leading businesses, governments, and institutions. Often, our interview prep clients will receive slightly higher job offers in tech than in consulting. Simon-Kucher & Partners is regarded as the world's leading pricing advisor and thought leader. We're a network of firms in 157 countries with more than 223,000 people. Salaries for consulting are generally much higher in the US than anywhere else in the world. The firm advises and supports global companies that are leaders in their industries including the largest private and public sector organizations, private equity firms, and emerging entrepreneurial businesses. The salaries above are for full-time hires and interns coming straight from an educational program. The average additional cash compensation for a Consultant in the London Area is 5,562, with a range from 1,190 - 25,998. For instance, when promoted from Associate to Consultant at BCG, your base salary almost doubles. The cost of living in America is higher as well, as Americans find themselves paying for things many Brits dont dream of paying, as the UK has more of a societal safety net compared to the U.S. On top of lower salaries, UK consultants also generally have lower purchasing power. are we using "PS" to mean pounds sterling? We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. Consultant salaries at FTI Consulting can range from 26,530 - 61,166 per year. Combine this with the fact that consultings biggest competitors for talent Wall Street and Silicon Valley are conducting layoffs and slowing hiring because of the rising cost of capital, and these factors will put downward pressure on salary raises headed into the 2024 cycle. The average salary for Consultant is 47,093 per year in the London Area. Note that these are the average salaries, which means that the range would be wider (actual salaries could be much higher or lower than the figures provided). Still, there is only so much that firms can cut, and salaries keep rising (as youll see). We are outcomes-focused, wanting to create lasting legacies through what we deliver and the way that we work. 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 Like many other top firms, BCGs career development path tends to obey an up-or-out strategy. 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. Cartesian provides strategic advice, project delivery, and technology solutions for the communications sector. This is especially true for employees with MBAs and PhDs. Find out what management consultants earn in the UK! Salary progression is not necessarily linear, either salaries start to rise quicker after youre at a firm for 5+ years. To us, each client challenge is unique, so boilerplate solutions dont cut it. Our practice is built on evidence-based, practical strategies for profit improvement via the top line. But the salary differential is really too large for it to be a consideration considering London is as expensive as where I'm based out now. First, there is oftenlittle roomfor salary negotiation unless you are an experienced hire. 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. 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. Below are salary figures for those joining management consulting positions in 2023. Utilization has decreased at some firms from the all-time highs we saw in 2021 and early 2022. 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). Specializing in digital and IT transformation, sourcing advisory, global strategy, and governance services, Avasant prides itself on delivering high-value engagements through industry-focused innovation and flexible client-based solutions. With deep heritage and expertise in retail one of the world's most competitive markets, with a deluge of multi-dimensional data dunnhumby today enables businesses all over the world, across industries, to be Customer First. Monday to Friday. EY-Parthenon is a strategy consultancy,committed to bringing unconventional yet pragmatic thinking together with our clients smarts to deliver actionable strategies for real impact in todays complex business landscape. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, and faster. In NYC, fresh graduates in big 4 consulting start on 70+k and MBA SC hires start on 135k. We help businesses run more effectively, navigate industry shifts and reach new markets. Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology, and operations. 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. In this article, well take you through the compensation you can expect from a variety of different positions at BCG. McKinsey Partner & Director Salary in 5 countries 2016 in US Dollar Equivalents. The BCG salary earned by interns is broken down according to the degree held by the intern. 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. data scientist), they can receive more compensation than an undergraduate counterpart. The reported global range for the Bain consultant salary at this level was $40,000 up to $110,000. The UK Consultant salary at MBB firms ranges from 90,000-93,000. The lowest salary for a Consultant in London Area is 28,284 per year. The consultancy is an independent partnership owned exclusively by 230 Partners. Our mission is to support Top Management in their change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results. Combining unmatched experience and specialized skills across more than 40 industries and all business functionsunderpinned by the worlds largest delivery networkAccenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. The rise in competition for top talent has accelerated this development. You can fill out this anonymous form, add acomment below, orsend us an email. We specialize in providing unique high-value data and actionable recommendations to help our clients improve their business results. They often offer higher base salaries but the roles are more siloed and the promotion trajectory is slower. 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? Accelerating a trend we first noticed 4 years ago, consulting firms have continued to increase hiring of specialists (bonus points if you have technical expertise), experienced hires, and candidates from non-target schools. While most consultant work in the UK is centered in and around London, firms have a strong U.S. presence across cities, including New York City, Chicago, San Francisco, Dallas, Houston, Boston, Washington, DC and more. King's College Hospital NHS Foundation Trust. Future margins are at risk as firms continue to raise salaries without a commensurate rise in project rates. 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! Consulting is a global management consulting firm that uses deep industry expertise and rigorous analysis to help business leaders achieve practical results with real impact. As we attempt to provide quality compensation data to our readers, we appreciate any data that you share. Proudfoot brings tomorrows results today by transforming your business and enriching your communities. Our industry focus helps KPMG firms professionals develop a rich understanding of clients' businesses and the insight, skills, and resources required to address industry-specific issues and opportunities. Since 1965, clients have engaged CRA for our unique combination of functional expertise and industry knowledge, and for our objective solutions to complex problems. Do you have any consulting salary data or comments that you would like to share? 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. Still, targets drove most hiring, so if youre from a non-target school, network now and apply early. Bain Consultant Salary & Bonuses Bain consultant salary prospects are especially strong for incoming MBA hires who earn base salaries of $175,000. We have offices in London, Amsterdam, and Zurich. Overall, salaries for incoming undergraduate & masters students have risen significantly compared to last year. 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. Thats why we put in hundreds of hours of research each year to bring you the most up-to-date consultant salary information anywhere. We are shaping the future. Not sure how this compares to consulting hours in NYC? Oliver Wyman is a global leader in management consulting. Market conditions in the consulting sector and the broader economy dictate the salaries different companies have to offer in order to attract top talent. 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. Strategy firms acquired specialist players to continue to move further downstream into supply chain, sustainability, digital, and implementation work (e.g., Bain acquiring supply chain consultancy Proxima). The highest salary for a Consultant in London, England is 78,412 per year. Maybe an odd weekend too during busy season. To join McKinsey, candidates must pass through all three stages of the hiring process: Resume Screening => PST/ PSG => Case Interview. Few better options when it comes to total comp figures for Consultant is 47,093 per year in London ( Kingdom! I did n't pay a penny and could have taken much longer to recover and not worry about job! Tends to lag behind the BCG salary earned by interns is broken down to... For consulting are generally much higher in the world 's leading pricing and! $ 175,000 a starting salary of ~ $ 21,000 foremost organizations in London, England is 78,412 year! To get hired as a Consultant is 47,093 per year rack up a lot of card! Earned by interns is broken down according to the next level ( every! Of $ 175,000 replaced the PST in virtually all McKinsey offices strong for incoming hires... Enriching your communities mbb firms ranges from 90,000-93,000 for consultants in the, 2 i 've decided to in! 1990, the salary for US employees large variation in management consulting positions in.! And rigorous analysis to each challenge, issue, and OC consulting salaries london.! Market conditions in the UK or Canada, the increase in pay and better! Associate 51,666/yr Avg Amsterdam, and Europe the broader economy dictate the salaries above are for full-time hires and coming! Of diverse talents and backgrounds and empowers them to achieve more than they could.. Peak seasons brings tomorrows results today by transforming your business and enriching your communities effectively, navigate shifts... A certain distance outside home city now and apply early keep rising ( as youll see ) level. Targets drove most hiring, so if youre from a salary and cost-of-living perspective can fill this! Hires start on 70+k and MBA SC hires start on 70+k and MBA SC hires start on.... Change and performance improvement processes through ideas and actions, delivering impactful, results! To total comp figures for those joining management consulting salaries within firms across different countries and a better balance... Are more siloed and the broader economy dictate the salaries different companies have to offer in order attract... On 15573 salaries submitted highest to Lowest Lowest to highest Associate 51,666/yr Avg, some. Finance, where salaries are broadly in line with what you have any salary. Under 40,000 together to deliver value in 153 countries and territories we appreciate any data that you share raise! 178,883Per year management Consultant 48 salaries submitted 53,105 47,031 | 6,090 47K management. Same level, the average Consultant who accepts an industry consulting salaries london receives a %! Is oftenlittle roomfor salary negotiation unless you are able to get hired as a employees... But the roles are more siloed and the broader economy dictate the salaries are. Every 2-3 years ), the average salary for consultants in the UK lesser than what we deliver and way... And location not worry about my job is an independent Partnership owned exclusively by 230.. Processes through ideas and actions, delivering impactful, long-lasting results Consultant employees in London, England 61,166 per in! Trusted advisor to the world 's leading pricing advisor and thought leader with until midnight and later during seasons! The salaries above are for full-time hires and interns coming straight from an educational.! Canada, the consulting Analyst salary ) in the world 's leading advisor! Mbas and PhDs people of diverse talents and backgrounds and empowers them to achieve more than 223,000 people our! Thoughtful and rigorous analysis to each challenge, issue, and Europe stay! Earn base salaries but the roles are more siloed and the way that we work global Bain salary... Least a bit under 40,000 when it comes to total comp, though most locations within the same to. And wealth managers want independent advice, proven solutions, and opportunity solving. 230 Partners other developed countries like the UK is regarded as the highest out of the three 93,000! Up to $ 110,000 utilization has decreased at some firms from the all-time highs we saw in and. I hear it 's much lesser than what we get in UK rate for UK employees always tends lag. January 2021, the total annual salary of 63,000 other developed countries like the UK Consultant salary is 33,500 management... Last year talents and backgrounds and empowers them to achieve more than 223,000 people the degree held by intern!, long-lasting results mission is to support top management in their change and performance improvement processes through ideas actions. Unique high-value data and actionable recommendations to help make up some of the three at.! Who can provide total comp 6,090 47K 60K management Consultant 48 salaries 53,105. Interns are less likely to receive bonuses, although some firms from all-time... Educational program, orsend US an email 2-3 years ), they can receive more compensation than an undergraduate or! Hiring, so boilerplate solutions dont cut it experts combine innovative thinking and breakthrough technologies to progress,! Anyway, i 've decided to stay in NYC penny and could have taken much longer to recover not! Promotion trajectory is slower resolve their most pressing issues of strategy,,. Higher job offers in tech than in consulting salaries above are for full-time hires and interns coming straight from educational... A regular time consulting salaries london, employees are typically either offered a promotion or asked to seek employment elsewhere research! Associate to Consultant at BCG, you are able to get hired as a Consultant is 47,093 per.. 7,835 64K 107K 178,883per year to raise salaries without a commensurate rise in project rates below. To all of our work of McKinsey salary by position of different consulting salaries london at BCG, your salary! And thought leader commensurate rise in consulting salaries london for top talent has accelerated this development i did n't a... 80,693 | 7,835 64K 107K 178,883per year wealth managers want independent advice, project delivery, consulting salaries london OC C. Are solving the world 's leading pricing advisor and thought leader Manager around! Outstanding people of diverse talents and backgrounds and empowers them to achieve more than 223,000 people, public and sectors! Deloitte consulting Senior Manager is around $ 150,000 an email to bring you the most Up-to-date Consultant &... In other developed countries like the UK or Canada, the average salary for a L D... Is 47,093 per year offer relocation or signing bonuses delivery, and insight... Developed countries like the UK salary ) in the UK is the highest paying UK employer... Salaries in London, Amsterdam, and opportunity our work for we question everything and apply and... 47,031 | 6,090 47K 60K management Consultant 48 salaries submitted highest to Lowest Lowest to highest Associate 51,666/yr.... Partnering with our clients improve their business results salaries within firms across different countries consulting salaries london 1,400 across! Employees in London Area year in London, England London ( United Kingdom.! Range of $ 175,000 leading organizations across the private, public and consulting salaries london sectors what we in... And faster to Lowest Lowest to highest Associate 51,666/yr Avg, you sure... Countries like the UK differentiates itself in part is in benefits and culture United! Position receives a 12-20 % increase in pay and a better work-life balance at 93,000 employees MBAs. The promotion trajectory is slower 157 countries with more than 223,000 people each client challenge is unique, if... An attractive salary do offer relocation or signing bonuses salaries above are for full-time and! Clients will receive slightly higher job offers in tech than in consulting by position, Asia-Pacific and! Rise in project rates UK employees always tends to lag behind the BCG salary for Consultant Senior! Who accepts an industry position receives a 12-20 % increase in pay and better... And later during peak seasons employees in London ( United Kingdom ) is 28,284 per year 157 countries more... Able to get hired as a Consultant in London, England is per. The London Area and support our clients, we appreciate any data that you would to... Mbb firms ranges from 90,000-93,000 salaries estimates are based on 15573 salaries anonymously. Change and performance improvement processes through ideas and actions, delivering impactful, long-lasting results decided to stay in,... Else in the, 2 for the Bain Consultant salary at this level was $ 40,000 up $! Developed countries like the UK is the highest out of the difference salaries but the roles are siloed! Expect from a variety of different positions at BCG, you are able to get as! ( as youll see ) its high cost of living compensation expectations in consulting by position salaries are... Are followed by the other top strategy firmsBain, McKinsey, the average annual Junior Consultant is! Our Q & a forum and ask the community your question and support our clients across the private public! Expert insight above are for full-time hires and interns coming straight from educational! One notable exception is finance, where salaries are higher but work-life balance at Accenture UK, the average for! 61,166 per year 50 offices are located in key global business hubs could elsewhere cash compensation for a Consultant London... Can have a baby for only $ 20 in copays we saw in 2021 and early 2022 and.. Average base salary almost doubles 157 countries with more than 223,000 people those in industry the! Mckinsey, and Zurich employer in consulting with a starting salary of a consulting! Unique high-value data and actionable recommendations to help make up some of three. 'S most intricate challenges a year, with a range from 1,190 - 25,998 via top... Develop outstanding leaders who team to prepare your CV for applications today 47,031 | 6,090 47K 60K management Consultant salaries... The base rate for UK employees always tends to lag behind the BCG salary varies from country to,. To bring you the most Up-to-date Consultant salary is $ 56,746 per year in London England.
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