What Do Consultants Make?

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.

How do consultants get paid?

Consultants receive an agreed upon fee for work on a project completed by a specified date. They usually determine project fees by estimating the number of hours it will take to complete the project, multiplied by their hourly rate. ... Consultants sometimes offer a discounted fee if the client keeps them on retainer.

What type of consultants make the most money?

Top 15 highest-paying consulting jobs
  1. Marketing consultant. National average salary: $56,068 per year. ...
  2. Associate consultant. National average salary: $58,889 per year. ...
  3. HR consultant. ...
  4. Technology consultant. ...
  5. Investment consultant. ...
  6. Sales consultant. ...
  7. Environmental consultant. ...
  8. Software consultant.
James H. Sterling

James H. Sterling

Environmental Science & Climate Journalist

James Sterling reports on renewable energy developments, climate policy, ecological conservation, and green tech innovations around the globe.