Consultants often get paid as much as $250 a month, but if you’re looking for the best compensation, you’ll need to find a different job.
You’ll need a different type of work experience, a different style of interviewing, and a different kind of market.
We spoke with three consulting industry veterans to get the scoop on how to make money as a consulting consultant, and what they’re looking forward to doing next.
“I think it’s been a great experience, and it’s a great place to be,” said Jennifer Wylie, who worked for consulting giant McKinsey & Kravis Roberts for nine years.
Wylia says she was hired to handle human resources for McKinsey in 2009 and has worked at the firm since.
“It’s a good company,” she said.
“They pay well.
They’re an experienced company.
It’s an amazing organization.”
She worked at McKinsey from 2007 to 2009, but it wasn’t until last year that she started to work at A.G.K. &.
A.K., an international consulting company.
She’s a native of the Philippines, where she grew up.
Her father, who works for the government, had a very different career path than hers.
“My dad was a taxi driver,” she recalled.
“He started off in the field.
He was a school teacher, and then he became a doctor.
Then he was a lawyer.
He had to go into the field because he was too young.”
A.K.-A.B. hired Wylias to do the job of marketing and sales for their company, A. K.A., a multinational corporation.
Wymie says the work has helped her to learn more about how the world works.
“For a lot of people, they don’t know how to work with the other person,” she explained.
“But I do.”
Wylies said she has always wanted to work in the entertainment industry, so she began looking into what kind of career she wanted to pursue after her time with McKinsey.
“You want to work for an entertainment company, because they pay you very well,” she laughed.
“Then you can work for a company that can provide you with a better quality of life.
It pays you better.
They have all the benefits of the entertainment business, like a great work environment.”
She also wanted to be able to go back home and help out her family.
“So I wanted to go work in this company,” Wyliews said.
The best part is that she’s got a great team around her, she said, which is why she feels comfortable working with them.
“Everyone is really supportive of me and my company, and I love working with the team.”
As an international executive, she is able to travel to different countries to work, which she said is the best part of working for a multinational.
“When you’re in a country where you have a lot going on, you can get lost and be overwhelmed, and when you get to another place where you don’t have all that much going on in your life, it’s great,” she added.
“We can all be more connected and connect in ways that are not so often possible.”
She says working in the international world can help her feel like she’s in a different country than she was before she started working at McKinseys.
“Being able to work from home and not have to go home every day and see the kids, I feel like I’m part of a larger family,” she quipped.
“To be able do this for my family, it means so much to me.”
While McKinsey pays her well, she has to be careful about what she’s asking for.
“Some people want to take home more than they’re paying me,” she acknowledged.
“Other people want a lower price tag.”
She said she’s happy with the work she’s doing for A.B., which is one of the most sought-after companies in the world.
“This is what I love about McKinsey,” she told Axios.
“The work that they do, the quality of the people that they have in place, the way that they run the business.
I like it.
I really do.”
For more tips on how you can make money working as a consultant, check out the Axios MoneySmart guide.
“If you want to make it in the business, I would advise you to work a lot harder,” Wymies advice continued.
“Because if you don [work] hard, you will be able [to] get more experience.”
A big question for many people in the industry is what they should be paying for.
Many consultants who work in companies in a variety of industries will tell you that they make as much money as their counterparts who don’t work at a consulting firm.
According to A.A.-A, a consulting company, the average consultant is