Consulting is an incredibly diverse field, and that means that consulting salaries vary wildly across various niches, industries, specialties, and locations. If you are considering pursuing a consulting career and want a more detailed analysis of consulting salaries based on consulting category, niche, career progression, and even across specific firms, keep reading. To better understand consulting pay, we will need to break it down by the different elements that affect how much any individual consultant earns. The definition of consulting is fairly broad. It is simply the business of providing expert advice to a specific group of people. Accordingly, the world of consulting is broad and diverse. Pretty much any type of consulting gig can fit into one of these three categories. This field is dominated by large firms like McKinsey, Bain, and Boston Consulting Group, which charge massive consulting fees to help enterprise businesses improve in a number of key areas:.