Consultant Salary in 2024

Salary details

The average Consultant salary lies between USD 96,700 and USD 198,000 globally. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Consultant roles

The three most common job tag items assiciated with Consultant job listings are Cloud, Compliance and CISSP. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Cloud | 2697 jobs Compliance | 1707 jobs CISSP | 1401 jobs Strategy | 1326 jobs Computer Science | 1227 jobs Risk management | 1098 jobs Audits | 1002 jobs Governance | 1000 jobs NIST | 995 jobs Azure | 933 jobs CISM | 923 jobs Incident response | 912 jobs Privacy | 902 jobs C | 898 jobs AWS | 870 jobs ISO 27001 | 853 jobs Monitoring | 848 jobs Risk assessment | 789 jobs Vulnerabilities | 761 jobs CISA | 753 jobs

Top 20 Job Perks/Benefits for Consultant roles

The three most common job benefits and perks assiciated with Consultant job listings are Career development, Flex hours and Health care. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 2684 jobs Flex hours | 1233 jobs Health care | 1147 jobs Team events | 1068 jobs Competitive pay | 879 jobs Equity / stock options | 824 jobs Salary bonus | 744 jobs Startup environment | 652 jobs Medical leave | 626 jobs Flex vacation | 463 jobs Insurance | 442 jobs Parental leave | 395 jobs Conferences | 265 jobs Wellness | 247 jobs 401(k) matching | 130 jobs Transparency | 91 jobs Travel | 82 jobs Fitness / gym | 78 jobs Gear | 76 jobs Flexible spending account | 73 jobs

Salary Composition

The salary for an InfoSec/Cyber Security Consultant typically comprises a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary is the largest component, often accounting for 70-80% of the total compensation package. Bonuses can vary significantly based on the company's performance, individual achievements, and the consultant's role within the organization. These bonuses might range from 10-20% of the base salary. Additional remuneration, such as stock options or profit-sharing, is more common in larger companies or tech-focused industries and can add another 5-10% to the total compensation. Regional differences also play a role; for instance, consultants in tech hubs like Silicon Valley or New York may receive higher overall compensation compared to those in smaller markets.

Increasing Salary

To increase your salary from the position of an InfoSec/Cyber Security Consultant, consider pursuing advanced certifications or specialized training in emerging areas of cybersecurity, such as cloud security or AI-driven security solutions. Networking within the industry and attending relevant conferences can also open doors to higher-paying opportunities. Additionally, gaining experience in leadership roles or project management can position you for promotions to senior consultant or managerial roles, which typically come with higher salaries. Exploring opportunities in high-demand sectors, such as finance or healthcare, where cybersecurity is critical, can also lead to increased compensation.

Educational Requirements

Most InfoSec/Cyber Security Consultant positions require at least a bachelor's degree in computer science, information technology, or a related field. Some employers may prefer candidates with a master's degree, especially for more senior roles. A strong foundation in computer networks, systems architecture, and information security principles is essential. Additionally, coursework or experience in risk management, cryptography, and ethical hacking can be advantageous.

Helpful Certifications

Certifications are highly valued in the cybersecurity field and can significantly enhance your credentials. Some of the most recognized certifications include:

• Certified Information Systems Security Professional (CISSP)
• Certified Ethical Hacker (CEH)
• Certified Information Security Manager (CISM)
• Certified Information Systems Auditor (CISA)
• CompTIA Security+

These certifications demonstrate a commitment to the field and a comprehensive understanding of cybersecurity principles and practices.

Required Experience

Typically, employers look for candidates with at least 3-5 years of experience in cybersecurity or a related field for a consultant role. This experience should include hands-on work with security technologies, incident response, and vulnerability assessments. Experience in specific industries, such as finance or healthcare, can be beneficial due to the unique security challenges they present. Additionally, experience in roles that require problem-solving, analytical thinking, and effective communication is highly valued.

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