Top consulting firms with the highest salaries and the happiest employees
Mar 2nd 2022 - 07:13142 0
While seeking information about the top consulting firms to work for, you often look for companies providing the highest salary, good work culture, etc. Whether it's about an internship or getting a full-time opportunity, finding one with the highest pay and best fit can be challenging. Not every aspiring consultant gets a job at one of the big three firms like Boston Consulting Group, McKinsey and Company, or Bain & Company, which is abbreviated to MBB in the industry. Every aspiring consultant wants to get into MBB, but it's also not the case that other firms are imperfect or less than these. Therefore, let us look into the top consulting firms with the highest wages and the happiest employees without further delay.
Which consulting company pays the best?
McKinsey & Co.
McKinsey expanded rapidly in the 1940s and 1950s with a score of 8.953 and ranked #3, particularly in Europe. However, competitors such as the Boston Consulting Group and Bain & Company began competing with McKinsey in the 1960s by marketing specific branded products such as the Growth-Share Matrix and selling their industry expertise. McKinsey employs 26,000 people across 120+ offices and generates $8.8 billion in revenue.
Boston Consulting Group
Boston Consulting Group is the second-largest consulting firm in terms of revenue with a score of 9.465, ranked #1, and consistently ranks high when it comes to a list of top consulting firms. The firm's global and diverse teams bring deep industry and functional expertise to organizations, further assisting them in growing and building a long-term competitive advantage and creating a positive social impact.
Those looking to break into the consulting industry would be wise to investigate ghSMART, which is ranked #5 with a score of 9.438. As a lean but impactful boutique, ghSMART exposes you to a plethora of opportunities to network and develop deep relationships with powerful C-Suite clients, providing you with an opportunity in a great advisory firm.
Bain & Company
Bain & Company, the "heart" of the Big Three ranked 4th with a score of 9.434, is known for its ambition, game-changing innovations, and culture. The rich and deeply compassionate culture prioritizes its employees, empowering them to stand out from the crowd on a global scale.
ClearView Healthcare Partners
ClearView is a boutique life sciences consulting firm, ranked at #7 with a score of 9.375. It supports strategic decision-making and growth at the product, franchise, and corporate levels in pharmaceuticals, biotechnology, and medical devices. Its clients include various life sciences operating companies, from medical device and pharmaceutical companies to life sciences investors.
Artisan Healthcare Consulting Services
Artisan Healthcare Consulting is a management consulting firm that helps healthcare product companies with strategic planning and has a score of 9.217. Clients range from global pharmaceutical, biotechnology, and device companies with billion-dollar brands to emerging, venture-backed organizations that are just starting to consider commercializing or partnering with their products. Artisan develops commercial strategies for clients, from launch to patent expiration, to help them grow and compete.
These are some of the world's most prestigious consulting firms with the highest salaries and the happiest employees. They have created a virtuous circle of high prestige, leading to higher fees, and attracting better talent, making it difficult to compete with them. That being the case, if you want to pursue a career in business, any one of them is a great place to start.