How much does a consultant make in the United States?
The average salary for a principal consultant is $121,483 per year in the United States and $12,000 profit sharing per year. 207 salaries reported, updated at December 21, 2021. Is this useful? Is this useful?
What type of consultant salary can you expect?
“The market rate” is the average price and range of pricing a typical customer will pay for your type of consulting service. If the average business consultant charges and receives $100 per hour, than the “market rate” is likely between $50 to $150 per hour.
What is the average salary of a consultant?
Consultant Salary. The average Consultant salary in the United States is $113,761 as of October 29, 2021. The range for our most popular Consultant positions (listed below) typically falls between $28,341 and $199,180. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education ...
How much does consulting pay?
In general, top-tier companies (those in the Fortune 500) spend between 100 and 150 million dollars on consulting a given month, roughly 1-3 percent of organizational expenditures. How Much Do Professional Services Companies Spend On Marketing?
What is a benefit consultant?
A benefit consultant is a licensed health insurance professional who advises large corporations on selecting, purchasing, and administering their employee benefits.
Do consultants make good money?
Consultancy jobs are known to be among the highest paying in the world. With the right strategies, you can secure a highly paid consultancy job for yourself.
How much do you get paid to be a consultant?
Most mid-tier consulting firms pay a salary between $65,000-$70,000 for entry-level financial consultants. Senior financial consultants at these firms earn a salary of $112,000-$120,000. In the top three consulting firms, you can expect to earn $80,000 as an entry level salary, and $149,500 as a project manager salary.
What does a benefit consultant do at Aflac?
As a Benefits Advisor, responsibilities would include: Consulting with business owners to determine the benefit needs for their employees. Arranging enrollment conditions in conjunction with the owner's needs. Conducting presentations and enrollments. Managing, servicing and retaining established accounts.
Who is the highest paid consultant?
Top 15 highest-paying consulting jobsSoftware consultant. ... Business consultant. ... Consultant. ... Security consultant. ... Management consultant. ... Financial consultant. National average salary: $88,497 per year. ... Systems consultant. National average salary: $93,956 per year. ... Senior consultant. National average salary: $98,468 per year.More items...
Do you need a degree to be a consultant?
Consultants must typically earn a bachelor's degree in order to be competitive in the field. However, some employers prefer to hire those who have earned their master's degree, specifically the MBA.
Why are consultants paid so much?
Why are consultants so expensive? Consultants are more expensive than full time employees (comparing hourly bill rates to straight salaries) due to the costs which consultants must cover for their services and the profit margin that is established for their value/expertise.
Is being a consultant stressful?
Consulting finished sixth in our recent ranking of the most stressful jobs in financial services – right in the middle of the pack. But almost every role considered to be more stressful had a revenue-generating component to it.
Is being a consultant worth it?
Consulting as a profession offers an excellent opportunity to earn more than your peers working in other industries. According to Glassdoor, the average consultant's salary in the US is $90,490 annually.
Does Aflac have a base salary?
Since there is a lot of turnover because there is no base pay, it is 100% commission, a lot of the policy holders do no see their Aflac representative as regularly as they should (yearly, quarterly, bi-yearly, etc).
Is Aflac training paid?
Yes you will get paid for training. Upon completion, you will receive a promotion and a raise.
Can you work from home with Aflac?
In the past, Aflac has offered part-time jobs and remote jobs that range from partially remote to 100% remote.
How much does a Benefit Consultant in United States make?
The national average salary for a Benefit Consultant is $59,692 per year in United States. Filter by location to see a Benefit Consultant salaries...
What is the highest salary for a Benefit Consultant in United States?
The highest salary for a Benefit Consultant in United States is $107,498 per year.
What is the lowest salary for a Benefit Consultant in United States?
The lowest salary for a Benefit Consultant in United States is $33,146 per year.
What is the a Benefit Consultant career path and salary trajectory?
If you are thinking of becoming a Benefit Consultant or planning the next step in your career, find details about the role, the career path and sal...
What is benefits consultant?
What is a Benefits Consultant ? Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Instances where an employee exchanges (cash) wages for some other form ...
How much does a benefit consultant make in 2021?
The average Benefits Consultant salary in the United States is $86,963 as of June 28, 2021, but the salary range typically falls between $78,731 and $96,931. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Average Benefits Consultant Salary Over Time
Compare salaries for individual cities or states with the national average.
Average JOB Salary by Field
A plan administrator's duties depend on their line of work or place of employment.
Which Companies Pay Benefits Consultants The Most?
If you insist on knowing when your check is going to come and for how much, then you'd be better off working for companies like Standard Insurance Company and Mercer as they offer the highest salaries for benefits consultants.
Average Benefits Consultant Salary by Demographic
Black or african american benefits consultants have the highest average salary compared to other ethnicities. Hispanic or latino benefits consultants have the lowest average salary at $74,805.
Most common benefits
The average salary for a benefits consultant is $53,727 per year in the United States. 938 salaries reported, updated at January 23, 2022.
How much should you be earning?
Get an estimated calculation of how much you should be earning and insight into your career options. See more details
How much does a Benefits Consultant make?
As of Feb 9, 2022, the average annual pay for a Benefits Consultant in the United States is $60,820 a year.
What are Top 10 Highest Paying Cities for Benefits Consultant Jobs
We’ve identified 10 cities where the typical salary for a Benefits Consultant job is above the national average. Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions.
What are Top 5 Best Paying Related Benefits Consultant Jobs in the U.S
We found at least five jobs related to the Benefits Consultant job category that pay more per year than a typical Benefits Consultant salary. Top examples of these roles include: Senior Management Consultant, Data Management Consultant, and Identity Management Consultant.
Top searched states for Benefits Consultant Salaries
By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts.
What does a consultant do?
A consultant makes many of their own decisions, such as what their schedule is, how much they charge and who they will work with. Following industry standards can make these choices easier by turning judgments about your value into decisions based on math.
How to calculate what to charge as a consultant?
Here are other ways to calculate what to charge as a consultant: 1. Charging reduced fee. Charging a lower fee as a starting consultant can help you get customers and build your portfolio. You may choose to negotiate non-cash items as part of your payment, like a review on your website.
How to calculate hourly rate from annual salary?
To calculate: Divide your annual salary by 50 for the number of working weeks in a year to get your weekly pay. Divide your weekly pay by 40 working hours per week and you have your hourly pay. Multiply your hourly pay by three. For example, to calculate an hourly rate from an annual salary of $75,000, the formula would look like this: ...
How to calculate hourly rate?
Here are two ways you can calculate your hourly rate: 1. Multiply an hourly rate by three. One method for determining your hourly rate is to decide if your consulting work is like the work being performed by a full-time employee. If you have worked recently as a salaried full-time employee, you can use your previous annual salary ...
How many hours a week do consultants work?
So this number would be lower than 40 hours per week. Multiply your estimated paid hours by how many working weeks you plan for the year.
Why is consulting important?
For the consultant, it can provide more freedom, a greater variety of work and a larger amount of pay than working for one company.
Can you figure out your hourly pay if you have worked recently?
If you have worked recently as a salaried full-time employee, you can use your previous annual salary to figure out your hourly pay. You can use internet resources to find the approximate salary for someone with your skills if you are in a new area or have gained skills since working full time.
