Gender Gap in Consulting
We have examined salary data from 219 male and 69 female Consultants*, Senior Consultants* and Senior Managers* working for Management/Strategic Consulting firms in London.
*Approximate years of experience:
Consultants 1-2 years
Senior Consultants 3-5 years
Senior Managers 9-11 years
- Do female graduates lack ambition? Fresh out of university, the 20% salary gap between the sexes can in large part be explained by the fact that a higher proportion of men tend to work for top tier institutions such as Bain and McKinsey, thereby earning more from the start of their careers
- Are women better managers? While the proportion of women in top tier institutions remains low across all levels of seniority, thereby sustaining the base salary gap, performance related pay is 35% higher for women at Senior Manager level, showing how valued they are in management roles
|Men's Base Salaries||Women's Base Salaries||Base Salary Gap|
|Men's Bonus||Women's Bonus||Bonus Gap|
It is significant that from the outset of their career, women do not aim for the top firms, unlike their male counterparts. If they did so more consistently, it would be very interesting to see just how much more they can earn when they reach Senior Manager levels.
Emolument provides bonus and salary statistics based on data submitted directly by professionals like you. It is free, anonymous, and already a trusted tool for thousands of professionals worldwide. Are you paid enough? Click here to find out now.
Are you an employer?
Hire and retain the best talent with accurate and reliable dataBenchmark Your Teams
Know what you're worth
Compare your compensation with peers in your industry