One of the biggest attractions of working in the management consulting industry is the tasty compensation: consultant salary, bonuses, equity and other perks like health insurance. But which consulting firms pay their employees the most?
Each year, Vault produces a ranking of the best consulting firms to work for. The ranking is based on surveys of current employees. The main factors are prestige, firm culture, satisfaction, compensation, work-life balance and level of challenge. Vault also breaks down each metric into a separate ranking.
Highest-paying consulting firms
The best firm by compensation, according to Vault, is the Boston Consulting Group (BCG), retaining its top spot in 2021. Consultants noted that BCG’s compensation was both generous and transparent, even though BCG was beaten to first place in the overall ranking by Bain & Company.
Consultants applauded BCG’s transparency, with...
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