Considering a job at McKinsey, BCG, Bain or another strategy consultant? Good news for you, as you’ll be earning more than your peers:
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On average, strategy consultants earned about 10% more than their peers in other consulting fields, with consultants in the Project Management and Business Process Improvement getting the least: a ‘mere’ £ 41,000 (~ € 48.000 / ~ $ 63.000) a year, including bonuses and benefits. Maybe a compensation for the many hours they put into their work?
Payment in the UK is still below that of US ( $ 72,000) and Europe (€ 55,000) averages, so if you are in for the money you should considering starting in those two areas. More info can be found in the full report (pdf), which also includes the salaries of senior level consultants up to partners.
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