Strategy Simplified
The 2024 Consulting Salary Report is LIVE - Get it Free Today
Jan 22, 2024
The podcast discusses the release of the 2024 Consulting Salary Report, key trends in consulting salaries for 2024, including profit sharing plans and unlimited PTO. It also highlights the catch-up of non-US markets with US salaries and programs to help individuals break into consulting.
05:08
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Quick takeaways
- Consulting salaries remained stagnant in 2024, breaking the trend of annual increases.
- Firms are differentiating themselves by offering attractive compensation packages with profit-sharing plans and unlimited PTO.
Deep dives
Key Trend: Flat Salaries Compared to 2023
Consulting salaries for both pre-MBA and post-MBA entry levels have remained unchanged in 2024 compared to 2023, marking the first time in years that there has been no year-to-year increase. In contrast, salaries experienced a significant jump in 2023. This trend highlights a departure from the previous pattern of annual salary growth.
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