According to a 2002 survey by the Association of Management Consulting Firms, earnings—including bonuses and profit sharing—averaged $47,826 for research associates in member firms; $61,496 for entry-level consultants, $78,932 for management consultants, $112,716 for senior consultants, $168,998 for junior partners, and $254,817 for senior partners.

Salaried management analysts usually receive common benefits such as health and life insurance, a retirement plan, vacation, and sick leave, as well as less common benefits such as profit sharing and bonuses for outstanding work. In addition, all travel expenses usually are reimbursed by the employer. Self-employed consultants have to maintain their own office and provide their own benefits.