Average salary for a principal consultant?

RichUK

Lifer
Feb 14, 2005
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Just curious if anyone here has any first hand knowledge. I presume we have some consultants in the house?
 

darkxshade

Lifer
Mar 31, 2001
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Why would you consult just the principals? Teachers need consultation too. Plus you'd get better pay with bulk consultation. o_O
 

JMapleton

Diamond Member
Nov 19, 2008
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You're in England, no one here has a clue what you guys make.

You could be paid in tea and silver shillings for all we know.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
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The average salary should still be similar when converting the currency.

It varies wildly in many industries. If you know a lot about your particular industry, it may be the same.

Salaries of doctors, lawyers, and many other professions vary greatly depending on country.
 

RichUK

Lifer
Feb 14, 2005
10,341
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It varies wildly in many industries. If you know a lot about your particular industry, it may be the same.

Salaries of doctors, lawyers, and many other professions vary greatly depending on country.

With general IT positions, there isn’t a great deal of disparity between the salary in the UK and US after the currency conversion.

I’m just finishing an SOW (on my project) where I’m commissioning some work from an American company and the daily rate is £900, so that’ll be ~$1,400 daily rate - plus expenses...
 

MixMasterTang

Diamond Member
Jul 23, 2001
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If you work full time for a consulting company in the states the salaries are anywhere from 70k - 120k depending on specialty, market and area of the country. The companies are charging anywhere from $100 - $300 per hour depending on how long the engagement is going to last, what work is being performed, how many hours have been purchased, etc.

Edit: Salaries above are for the majority, high end CCIE's and security folk could command higher, possibly up to $200k for the top end.
 

RichUK

Lifer
Feb 14, 2005
10,341
678
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If you work full time for a consulting company in the states the salaries are anywhere from 70k - 120k depending on specialty, market and area of the country. The companies are charging anywhere from $100 - $300 per hour depending on how long the engagement is going to last, what work is being performed, how many hours have been purchased, etc.

Edit: Salaries above are for the majority, high end CCIE's and security folk could command higher, possibly up to $200k for the top end.

That’s exactly the type of response I was seeking. Thank you!
 

ManSnake

Diamond Member
Oct 26, 2000
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Principal consultants are usually partners, they would head a practice. So usually their pay is variable. For a place like Accenture or Deloitte, a junior partner starts at around 180k USD.
 

rchiu

Diamond Member
Jun 8, 2002
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Yeah the salary range is huge depending on the company, industry, technology and experience. And all these consulting companies give out titles like no tomorrow anyway, I was a senior consultant 10+ years ago in one of the big 5 back then right out of MBA. I've seen principal consultant with as little as 5 years experience, seen partners in their early 30's. So title isn't a good indicator for salary, your experience and background is probably a more accurate indicator. Assuming we are talking about high level consultant position dealing with solution architecture, PM, and usually deal with senior management client team, if you are in a firm, I'd say ~$100k~$200k + bonus. Free lancing, $200/hr ~$300k/hr.
 

DivideBYZero

Lifer
May 18, 2001
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With general IT positions, there isn’t a great deal of disparity between the salary in the UK and US after the currency conversion.

I’m just finishing an SOW (on my project) where I’m commissioning some work from an American company and the daily rate is £900, so that’ll be ~$1,400 daily rate - plus expenses...


You going to be looking at up to £1500 for a Principle level consultant.
 

RearAdmiral

Platinum Member
Jun 24, 2004
2,280
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I'm sure some are...but I know plenty who are woefully underpaid for the amount of work put in (hours) and the complete lack of appreciation for work done.

Yes you are quite right actually. Any consultants I know went insane from the amount of work.