Which type of consultants make the most money?

Which type of consultants make the most money?

Which 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.

How much money can I make as a consultant?

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 much do consultants make per hour?

How Much Do Consultant Jobs Pay per Hour?
Annual SalaryHourly Wage
Top Earners$144,500$69
75th Percentile$104,000$50
Average$83,450$40
25th Percentile$50,000$24

Do consultants earn well?

A consultant's pay varies depending on firm policies, performance, skills, level of expertise, and skills. One can earn massive dollars whereas one can gain moderate earnings. The core characteristic of performance-based pay makes it more lucrative than any field. Want to start your own consulting business?

How do I price my consulting services?

Generally, a service firm establishes hourly rates at 2.5 to 3.5 times the base compensation of the person doing the work. For example, if you feel your time is worth $60,000 a year, or $30 per hour, you may have a standard hourly billing rate of $75 per hour (2.5 x $30).

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