Business Development Partnership Operations Lead Salary
Business Development Partnership Operations Lead Salary – Let’s face it – no matter what you say in a consulting interview, those six-figure salaries are attractive; So in this article, let’s explore and compare the salaries of management consultants at 12 top consulting firms, including McKinsey, BCG, Bain (Big 3), the Big 4 and Accenture.
At top consulting firms, entry-level management consultants may earn $100,000 per year (plus bonuses and profit-sharing), while senior consultants can earn up to $200,000. The project is usually paid $200, 000-$250, 000. Managers at the partnership level (partners, directors, managers) can earn up to $1, 000, 000-$1, 300, 000.
Business Development Partnership Operations Lead Salary
McKinsey’s salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the number of MBA-level/Experienced Associates can go up to $233,000. Operations managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000.
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At BCG, junior associates earn $90,000 to $110,000 per year, while most senior consultants can earn up to $215,000. and Principal Associates top the scale at $1,150,000.
Bain consultant salaries range from a maximum of $122,500 for Junior Associate Consultants, to $226,500 for Senior Consultants. Case Team Leaders can make up to $242,000 a year, while Managers, Partners and Executives can earn up to $1,000,000.
Junior consultants at Deloitte have a maximum annual salary of $98,000, with a base salary of $85,000. Senior consultants can make up to $201,000 a year.
KPMG consultants have a maximum annual salary of $83,000, with a base salary of $75,000. Senior consultants can make up to $185,000 a year.
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Junior consultants at PwC have a maximum annual salary of $108,000, with a base salary of $90,000. Senior consultants can make up to $185,000 a year.
Junior consultants at EY have a maximum annual salary of $101,000, with a base of $92,000. Senior consultants can make up to $180,000 a year.
Accenture junior consultants have a maximum annual salary of $113,000, with $87,000 as a base. Senior consultants can make up to $200,000 a year.
Although management consulting is one of the highest paid jobs, with several years of experience, you will receive even higher salary offers outside the industry – usually between + 20% to + 50% , but sometimes up to +100 -200%!
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This is the real reason many people leave the industry willingly in the first few years, but at the same time, it explains why management consulting is so attractive – those learning opportunities will skyrocket your career and salary. – High! A Business Partner is a consultant who works with senior management, such as managers, to create and implement strategies that align with the organization’s business objectives. Considering that it is a huge responsibility, the average salary of a business partner in the United States makes being a business partner an attractive job. According to popular salary reporting tool Glassdoor, director salaries range between $59,000 and $182,000.
Knowing the average compensation for human resources business associates has many benefits. So whether you’re a student looking for career advice, an employer considering what to pay for your next rent, or an employee wondering whether or not you’re getting paid fairly, the statistics are here to help.
This article will take you through what a human resources business partner does, their average compensation, and how their salaries vary by sector.
In the United States, the average base salary for human resources business associates varies from state to state.
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However, what you get as a human resources business partner also depends on various factors such as years of experience, cost of living, size/type of organization, etc.
The average base salary range for the business partner role is given below. These statistics show some general compensation estimates such as the average annual salary of a business partner.
According to 3,509 salary submissions, the average salary for a full-time business partner in the United States is $85,425 per year.
Remember – these estimates are based on various factors such as cost of living, industry, etc. Therefore, the numbers vary according to the filters you use on the device.
What Is The Average Hr Business Partner Salary?
These estimates are based on 2,445 salary reports from across the United States. The highest-paying cities for human resources business partners include New York ($124,702), St. Louis ($122,845), and Atlanta ($103,760).
PayScale is yet another trusted platform where you can get close to accurate salary estimates for various positions.
According to their latest salary report, the average salary for human resources business associates is $75,306 per year and $27.31 per hour in the United States.
Years of professional experience and a person’s current position are important factors in determining their business partner’s compensation. The role is also known as human resources consultant in some organizations.
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Since the role of business partner is already a senior position, the next career path is not very difficult. After a few more years of professional experience, a human resources professional can become a senior business partner and advise on important executive decisions. Then, they can head the entire human resources department by becoming a director.
While the role of business partner in human resources holds many duties and responsibilities, they play an important role in consulting and strategic planning. A senior business partner earns an average annual compensation of $134,075.
The director is responsible for all decisions and performance of the department. Therefore, transitioning from a senior consulting role as a senior business partner to this role makes sense. The director receives an average annual compensation of $141,281, and Glassdoor estimates there are approximately 200,000 opportunities for the position.
If you are interested in climbing the tough ranks and succeeding in a highly professional role with an impressive salary, you should check for high-quality qualifications.
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According to The Truth, the location-wise breakdown of the cities with the highest paying business partners is as below.
A professional’s level of education greatly affects an individual’s compensation within the human resources field. All organizations require at least a bachelor’s degree for their entry-level roles, and then you can move on to more serious roles. However, a Master’s can directly land you in many higher paying positions.
For the role of business partner in human resources, you need at least a bachelor’s degree in human resource management, finance, or organizational management. A minor or extra in business administration can also add to your business management skills.
In addition to college degrees, qualifications are also important for business partner qualifications. Some of the popular certifications that you can look for to add to your credibility as a business partner are given below:
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Such certifications from reputable and quality institutions will add great value to your resume and help you chase an impressive pay cheque.
According to Glassdoor, here’s what the average salary for a business partner looks like at some of the top companies in various industries.
By hiring human resources business partners, organizations can make better decisions since experienced professionals are now guiding business strategies. A business partner helps the company get the most out of its investment and make better strategic choices overall. Therefore, business partners in human resources are important for companies that want to expand and grow intelligently.
Since being a human resources business partner means creating solid business value for the department, be sure to clarify what “value” means to your company. When your vision aligns with the organization, you become more productive as a business partner and get handsomely compensated. In addition, you get to work with senior management such as human resource managers.
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With the right credentials, skills, and experience, you can find the role of business partner in human resources and reap the benefits that come with it.
If you are new to Human Resources and looking to break into the role of business partner, we recommend you take
, where you’ll learn how to build your human resources skills, build your human resources network, craft a great resume, and create a successful job search strategy.
Josh Fechter is the founder of . He is a certified professional and has managed international teams from 5 different continents including benefits and salaries. You can connect with him on LinkedIn here. If you hear “ABC” and “Always close” come to mind, a career in sales may be right for you. But if you’re thinking “Huh? What does that mean?” don’t worry about it. You’ve come to the right place to learn what it takes to be a sales professional, and it’s about much more than that. The sale seems to be a fast, hard ball type. That may be true. There is movement to find leads, hundreds of calls, and pitching flawlessly. But it’s also about relationships, monitoring, communication, analysis, and patience. So how do the two connect? what is a
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