Between 2019 and 2024 the average annual signing bonus for management consultrets remained the same at 5,000 U.S. dollars, whereas the average annual performance bonus increased from 15,000 U.S. dollars in 2019 to 30,000 U.S. dollars in 2024. In 2019, the average annual base salary for a graduate bachelor or master's consultant was 85,000 U.S. dollars. This increased to an annual average of 110,000 U.S dollars in 2024.
This statistic depicts the average consulting project fees worldwide in 2018, broken down by fee range. During the survey, 24.8 percent of respondents stated that the average value of the fees received for each consulting project was between 500 and 2,000 U.S. dollars.
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United States AHE: PW: PB: Administrative Management Consulting Services data was reported at 45.520 USD in Mar 2025. This records a decrease from the previous number of 46.230 USD for Feb 2025. United States AHE: PW: PB: Administrative Management Consulting Services data is updated monthly, averaging 26.870 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 46.230 USD in Feb 2025 and a record low of 14.170 USD in Nov 1990. United States AHE: PW: PB: Administrative Management Consulting Services data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G: Current Employment Statistics: Average Hourly Earnings: Production Workers.
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United States Avg Weekly Earnings: PB: Management Consulting Services data was reported at 1,487.670 USD in May 2018. This records a decrease from the previous number of 1,551.380 USD for Apr 2018. United States Avg Weekly Earnings: PB: Management Consulting Services data is updated monthly, averaging 1,365.100 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 1,565.650 USD in Jan 2017 and a record low of 1,093.420 USD in Mar 2006. United States Avg Weekly Earnings: PB: Management Consulting Services data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.
This statistic shows the average annual salary for selected jobs in Information Technology (IT) consulting jobs in Mexico, as of February 19, 2019. Among the surveyed profiles, the position of SAP Consultant showed the highest average salary, with about 792,000 Mexican pesos a year.
Consulting Services Price Index (COSPI) by services. Quarterly data are available from the first quarter of 2014. The table presents data for the most recent reference period and the last four periods. The base period for the index is (2018=100).
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United States AHE: sa: PW: PB: Management & Technical Consulting Services data was reported at 42.900 USD in Mar 2025. This records a decrease from the previous number of 43.100 USD for Feb 2025. United States AHE: sa: PW: PB: Management & Technical Consulting Services data is updated monthly, averaging 25.480 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 43.100 USD in Feb 2025 and a record low of 14.250 USD in Jan 1990. United States AHE: sa: PW: PB: Management & Technical Consulting Services data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G076: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
This statistic displays the employees' average wage in the IT consulting market in the United States from 2008 to 2022. In 2018, the average wage of IT consultants in the United States is forecast to reach almost 91.6 thousand U.S. dollars.
The global consulting market reached a value of *** billion U.S. dollars. Due to the coronavirus outbreak, this figure is estimated to decrease to *** billion U.S. dollars in 2020. Management consulting market Management consulting is the industry and practice of helping organizations improve their performance by analyzing existing problems and development plans for improvement. Organizations hire management consulting firms to gain external advice or when they need specialized expertise and services which are offered by consultants include strategy, operations, financial advisory, human resources and internet technology. The largest markets for consulting services include operations and financial advising, more than double the human resources and strategy markets. However, all the management consulting markets are seeing average growth each year. In 2020, the top consulting firms in the United States by prestige rating were McKinsey & Company, followed by the Boston Consulting Group and Bain and Company. McKinsey & Company also was ranked as the best employer to work for. The Boston Consulting Group came second, followed by Bain & Company. The number of people employed in management consulting in the United States has grown annually over the past five years and in 2019 there were nearly ******* management consultants employed in the U.S. Despite the increasing number of consultants, finding and keeping good employees was one of the leading business challenges for management consulting firms. The most pressing issue for companies was, by far, attracting and developing new businesses, with ** percent of senior managers citing this a leading challenge.
Brazilian consulting companies who employed ten people or more in 2019, paid their employees on average almost 4,900 Brazilian reals a month. In the meantime, people employed by high-growth consulting companies in the same country received on average 3,300 reals per month in 2019.
In 2024, the management consulting firm with the most well-paid entry salary for consultants with an MBA or PHD was Kearney, totaling approximately 288,000 U.S. dollars per year.
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In the past, the management consulting industry in Germany has undergone extensive change as a result of digitalisation. Consultancy firms have increasingly had to focus on supporting digital transformation in order to help companies adapt their business models to new technological requirements. Big data and artificial intelligence in particular have played a decisive role in process automation and the optimisation of operational efficiency. In addition, environmental, social and governance (ESG) consulting has become increasingly important, driven by regulatory requirements such as the EU Non-Financial Reporting Directive and the EU Taxonomy. Between 2020 and 2025, industry turnover increased by an average of 3% per year.In the current year, turnover in the management consultancy sector is expected to grow by 1.1% to 47.7 billion euros. The relevance of energy and subsidy consulting is currently growing strongly, as companies are increasingly having to switch to renewable energies. Energy sectors such as wind power, solar energy and hydrogen technologies are taking centre stage, with consultants developing strategies for implementing these technologies and helping with applications for subsidies. In the area of funding advice, specialised consultancies are more in demand than ever to guide companies through the complex process of applying for funding. This includes identifying suitable funding programmes and assisting with application procedures, enabling companies to secure financial resources for strategic growth and alleviating their burden through bureaucratic processes. IBISWorld expects industry turnover to increase at an average annual growth rate of 1% over the next five years to reach 50.2 billion euros in 2030. Hybrid advisory approaches that combine both direct client interaction and digital solutions are expected to become the new standard. These innovations in consulting models will enable broader support for the energy transition and the effective use of subsidy programmes. Business consultants specialising in energy consulting can benefit from the growing demand by offering comprehensive solutions not only for implementing sustainable technologies, but also for optimising business strategies in the course of the energy transition. This gives them a competitive advantage in an increasingly sustainability-orientated market environment.
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United States Avg Weekly Earnings: PB: Management & Technical Consulting Services data was reported at 1,496.210 USD in May 2018. This records a decrease from the previous number of 1,555.850 USD for Apr 2018. United States Avg Weekly Earnings: PB: Management & Technical Consulting Services data is updated monthly, averaging 1,329.920 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 1,592.200 USD in Apr 2017 and a record low of 1,116.530 USD in Mar 2006. United States Avg Weekly Earnings: PB: Management & Technical Consulting Services data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.
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United States Avg Weekly Earnings: PB: Administrative Management Consulting data was reported at 1,579.720 USD in May 2018. This records a decrease from the previous number of 1,634.630 USD for Apr 2018. United States Avg Weekly Earnings: PB: Administrative Management Consulting data is updated monthly, averaging 1,455.270 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 1,686.690 USD in Jan 2017 and a record low of 1,102.200 USD in Mar 2010. United States Avg Weekly Earnings: PB: Administrative Management Consulting data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.
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The Management Consulting industry has faced mixed operating conditions over the past few years. The Australian Government's decision to reduce spending on consultants and focus on developing in-house capacities has adversely impacted industry expansion. The 2024-25 Federal Budget showcased this commitment, pledging savings of $1.0 billion through the reduction in outsourcing over the next few years, following the accomplishment of $3.0 billion in savings from similar initiatives in the 2022-23 Budget. At the same time, emerging technologies like generative AI (genAI) are capturing the interest of clients and driving demand for technology consulting. Although revenue from IT consulting isn't directly included in the Management Consulting industry figures, it plays a vital role in strengthening the sector, as it allows consulting firms to cross-sell their services and provide comprehensive, end-to-end solutions. Overall, industry revenue is expected to contract at an annualised 1.1% over the five years through 2024-25 to an estimated $45.5 billion. This trend includes an anticipated 3.3% dip in the current year as businesses cut back on discretionary spending. Consolidation activity has risen over the past few years as larger firms like Deloitte and Accenture have acquired smaller consulting practices. These firms have pursued acquisitions to expand client bases and develop their exposure to high-value and specialised consulting work. In recent years, a raft of new small firms and sole proprietors have contributed to growing enterprise numbers, lifting competition and weighing down industry profitability. Management consulting services' revenue is poised to grow, buttressed by favourable downstream market conditions. Industry revenue is on track to expand at an annualised 1.4% through the end of 2029-30 to an estimated $48.7 billion. A hike in private-sector capital expenditure and improving business confidence, coupled with a recovery in finance activity, will underpin this growth. Emerging products and markets, along with the increased use of analytics, will also benefit consulting firms. Regulatory changes will reshape the consulting landscape, with more stringent oversight and improved transparency. This shift is poised to limit the growth of larger consulting firms but will benefit smaller firms and those specialising in servicing the public sector.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Professional Services in U.S. City Average (CUSR0000SEMC) from Jan 1980 to May 2025 about professional, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.
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United States Avg Hourly Earnings: PB: Management & Technical Consulting Services data was reported at 40.880 USD in May 2018. This records a decrease from the previous number of 41.160 USD for Apr 2018. United States Avg Hourly Earnings: PB: Management & Technical Consulting Services data is updated monthly, averaging 36.330 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 41.900 USD in Apr 2017 and a record low of 31.660 USD in Oct 2007. United States Avg Hourly Earnings: PB: Management & Technical Consulting Services data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.
During the fiscal year 2022, construction consultancy companies in Japan that belonged to the Japan Civil Engineering Consultants Association on average generated a revenue amounting to approximately 2.15 billion Japanese yen. Construction consultants are active in various fields, such as urban design, environment consulting, city planning, and so forth.
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United States AHE: sa: PW: PB: Process & Logistics Consulting Services data was reported at 31.250 USD in Mar 2025. This records a decrease from the previous number of 31.960 USD for Feb 2025. United States AHE: sa: PW: PB: Process & Logistics Consulting Services data is updated monthly, averaging 22.410 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 37.250 USD in Dec 2021 and a record low of 14.910 USD in Jan 1990. United States AHE: sa: PW: PB: Process & Logistics Consulting Services data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G076: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
In 2023, IT consulting services providers reported the largest employee billable utilization among professional services organizations worldwide. In that year, the employee billable utilization at IT consulting organizations was approximately 72 percent.
Between 2019 and 2024 the average annual signing bonus for management consultrets remained the same at 5,000 U.S. dollars, whereas the average annual performance bonus increased from 15,000 U.S. dollars in 2019 to 30,000 U.S. dollars in 2024. In 2019, the average annual base salary for a graduate bachelor or master's consultant was 85,000 U.S. dollars. This increased to an annual average of 110,000 U.S dollars in 2024.