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Competitive Consulting Market Data
Data Science and Analytics
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About
Offers vital insight into the competitiveness of the current global consulting industry. It was generated from a self-reported survey distributed through the Consulting Humor Instagram community (@consultinghumor) and aims to assess current base compensation, bonus expectations, working hours, and the prevalence of competing job offers within the sector. The core purpose of the data is to assist individuals in assessing their market value and to drive conversations regarding equitable compensation practices.
Columns
- Timestamp: The precise date and time the survey response was recorded.
- Do you CURRENTLY work at a consulting firm?: A Boolean field indicating active employment status at a consulting organisation.
- Which firm do you CURRENTLY work for?: The name of the respondent's current employer.
- Are you CURRENTLY in a Commercial or Federal practice?: Specifies whether the current role is within a commercial/non-federal or federal practice area.
- What is your CURRENT title (or equivalent)?: The current professional designation held by the respondent (e.g., Consultant/Associate).
- What COUNTRY are you CURRENTLY based out of?: The geographic location of the consultant.
- What is your CURRENT annual base compensation in USD...: The respondent's current annual base salary, reported in USD, excluding any bonuses or perks.
- What is the total amount in USD of BONUSES you estimate you will receive in 2021?: The estimated total bonus amount expected for the year 2021, reported in USD.
- Expected total compensation (calculated): The calculated total expected remuneration.
- How many hours per week on AVERAGE do you work...?: The average weekly hours worked, including non-billable time.
- Have you gotten an OFFER from another company this year?: A Boolean field indicating if the respondent received an external job offer within the specified year.
- Was the offer from another CONSULTING FIRM?: Specifies if the external offer was made by another consulting organisation.
- Which firm was the HIGHEST (base compensation) OFFER from?: The name of the firm that made the highest-paying external offer.
- Was the OFFER for a Commercial or Federal practice?: The practice area (Commercial or Federal) associated with the offered role.
- What was the OFFERED title (or equivalent)?: The title associated with the external offer.
- What COUNTRY was the OFFER based out of?: The country where the offered role was based.
- What was the HIGHEST OFFERED annual base compensation in USD...: The annual base salary (in USD) of the highest external offer.
- What was the total annual BONUS OFFERED?: The bonus amount associated with the highest external offer.
- Did you accept the offer?: The final outcome regarding the acceptance of the offer.
Distribution
The data is provided as a raw dataset exported from Google Forms, typically supplied as a CSV file named Consulting_survey_DataSet.csv. The file size is 657.79 kB and contains 19 columns. The total number of entries is 4200 records. Note that as a raw export, the data may require cleaning due to self-reporting limitations, potential validation inconsistencies, and possible duplicate entries.
Usage
This dataset is suitable for:
- Market Benchmarking: Comparing current compensation, expected bonuses, and total remuneration against industry averages.
- Competitive Analysis: Investigating the titles and salaries associated with external offers in the consulting space.
- Workload Studies: Analyzing typical working hours across various consulting titles and practices.
- Geographic Salary Parity: Comparing compensation rates across different countries globally.
Coverage
The data was primarily collected between 29 September 2021 and 19 October 2021. The geographic scope is global, with 84 unique countries represented in the responses; however, the United States of America accounts for 48% of the data points. The focus is on individuals currently working at or receiving offers from consulting firms.
License
CC0: Public Domain
Who Can Use It
- Consulting Professionals: Individuals aiming to negotiate new compensation or assess their value in the job market.
- Human Resources/Recruiters: Personnel seeking current benchmarks for salary structures and competitive offers.
- Academic Researchers: Those studying global trends in high-skill employment, salary disparities, and work-life balance in professional services.
- Data Scientists: Users interested in cleaning and standardising raw, self-reported survey data for advanced analysis.
Dataset Name Suggestions
- Global Consulting Compensation and Offer Data 2021
- Consultant Salary Benchmarking Survey
- Competitive Consulting Market Data
- Consulting Industry Compensation Insights
Attributes
Original Data Source: Competitive Consulting Market Data
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