Average Management Consultant Salary in Toronto, Ontario
The average annual salary of Management Consultant is $88,428.00
The starting salary of Management Consultant is between $52,156.00 and $61,360.00 whereas the maximum salary range is between $130,800.00 and $150,420.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$52,156.00 | $150,420.00 |
The average hourly pay of Management Consultant is $50.35.
The starting hourly rate is between $16.00 and $18.53 for Management Consultant whereas the maximum hourly wage is between $232.20 and $267.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$16.00 | $267.00 |
- Currency : CAD
- Annual Salary : $88,428.00
- Hourly Pay : $50.35
- Weekly Pay : $1,560.00
- Fortnightly Salary : $3,120.00
- Monthly Salary : $6,761.00
Management Consultant Salary Comparison by Gender
This pie chart demonstrates the gender share for Management Consultant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Management Consultant compared to female. Their involvement is 60% while of female is only 40%.
Salary Distribution Based on Years of Experience
The line graph shows Management Consultant salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Management Consultant working less than a year in a company, you notice that their annual salary starts around $67,154.97.
As the years of experience reaches 1 to 4, there is a significant increase of $8,619.65 which would give a total wage of CAD75,774.62.
Once the experience reaches 5-9 years Management Consultant salary would increase again to a total of $96,305.24, adding $20,530.62 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $111,455.76.
And finally, once the Management Consultant gains 20 years of experience or more, their salary would reach $118,250.00.
Prominent Skills Affecting Management Consultant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Management Consultant's salary. It clearly highlights the skills needed for a post of Management Consultant when hired by an employer.
The most vital skill expected of Management Consultant is Operations Management which impacts the most than the rest of the skills indicated with a staggering 47% comparatively. Therefore, one’s salary would greatly depend on their skills in Operations Management.
The skill least likely to affect one’s pay would be Strategic Project Management with 2%. It can be said that Strategic Project Management skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Management Consultant. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $69,858.00 whereas the highest earning is $122,915.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $122,915.00 at 39%. So to summerize, Entry Level earns 21% less than the average salary, Early Career earns 10% less than the average salary, Mid Carrer earns 13% more than the average salary, Late Career earns 30% more than the average salary, Experienced earns 39% more than the average salary.
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