Ibm consulting salary: IBM Management Consultant Salary | $85K-$281K+

IBM Management Consultant Salary | $85K-$281K+

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Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type

RSU

At IBM, Main RSUs are subject to a 4-year vesting schedule:

• 25% vests in the 1st-year (6. 25% quarterly)

• 25% vests in the 2nd-year (6.25% quarterly)

• 25% vests in the 3rd-year (6.25% quarterly)

• 25% vests in the 4th-year (6.25% quarterly)

IBM uses two types of equity awards: RSU and Stock options. Options vest 25% over 4 years, RSUs vest 50% every 2 years over 4 years.

0%

YR 1

50%

YR 2

0%

YR 3

50%

YR 4

Stock Type

RSU

At IBM, Main RSUs are subject to a 4-year vesting schedule:

• 0% vests in the 1st-year (0.00% annually)

• 50% vests in the 2nd-year (50.00% annually)

• 0% vests in the 3rd-year (0.00% annually)

• 50% vests in the 4th-year (50.00% annually)

IBM uses two types of equity awards: RSU and Stock options. Options vest 25% over 4 years, RSUs vest 50% every 2 years over 4 years.

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FAQ

What is the highest Management Consultant salary at IBM?

The highest paying salary package reported for a Management Consultant at IBM sits at a yearly total compensation of $280,667. This includes base salary as well as any potential stock compensation and bonuses.

How much do IBM Management Consultant employees get paid?

The median yearly total compensation reported at IBM for the Management Consultant role is $105,100.

IBM Consultant Salary (July 2023)

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Updated June 29, 2023

$85,765

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$37. 94 hourly rate

Entry-level IBM consultant salary

$68,000 yearly

$68,00010%

$85,765Median

$107,00090%

How much does IBM pay consultants?

The average salary for IBM consultants is $85,765 per year. IBM consultant salaries range between $68,000 to $107,000 per year. IBM consultants earn 9% more than the national average salary for consultants of $78,912.

Location impacts how much a consultant at IBM can expect to make. Consultants at IBM make the most in Washington, DC, Middletown, NJ, and San Jose, CA.

How much does IBM pay consultants by location?

IBM pays consultants the most in Washington, DC, Middletown, NJ, and San Jose, CA. Additionally, cities like Bethesda and Cambridge also report highly competitive salaries for consultants at IBM.

Consultant IBM salary by location

Rank	City	Salary” data-sort-direction=”false”>Avg. Salary	Hourly Rate
1	Washington, DC	$100,482	$48.31
2	Middletown, NJ	$98,315	$47.27
3	San Jose, CA	$97,450	$46.85
4	Bethesda, MD	$96,419	$46.36
5	Cambridge, MA	$95,982	$46. 15
6	Olympia, WA	$93,571	$44.99
7	New York, NY	$92,335	$44.39
8	Denver, CO	$92,098	$44.28
9	Southbury, CT	$90,196	$43.36
10	Richmond, VA	$88,300	$42.45

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Highest-paid IBM consultants by job level

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Recent salaries for consultants at ibm

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Consultant salary at IBM competitors

Show more consultant salaries at IBM competitors.

IBM consultant salary FAQ

How much does IBM pay consultants an hour?

IBM pays consultants $38 an hour, on average.

What is the starting salary for a consultant at IBM?

The starting salary for a IBM consultant is $68,000 per year, or $33 an hour.

How much does IBM pay compared to Google?

IBM pays $78,912 per year on average compared to Google, which pays $120,875. That works out to $38 per hour at IBM, compared to $58 per hour at Google.

Have more questions? See all answers to common company questions.

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Updated June 29, 2023

Vacancy Senior Consultant (IBM Cognos TM1) in Moscow, work at KORUS Consulting

KORUS Consulting is a Russian IT company, a recognized leader in the automation of retail, production, logistics, finance and oil and gas.

We are among the top 5 largest IT companies in St. Petersburg. We are over 1000 people and have over 20 years of experience behind us.

During this time we have done more than 1200 large-scale projects for leading Russian companies, namely: Bonava, DPD, Nokian Tires, Tele2, Azbuka Vkusa, Gazprom Neft, Dixy, Invitro, Leroy Merlin, Magnit, Megafon, OK , Petrovich, Rosatom, Yandex.Money and this is just the beginning of the list.

In connection with the start of new projects, we are looking for Consultant/Senior Consultant for the implementation of IBM Cognos TM1/IBM Planning Analytics.

Tasks to be worked on:

• Participation in major projects to implement budgeting systems based on IBM Cognos TM1/IBM Planning Analytics.
• Examination of business processes of Customers’ enterprises in terms of budgeting.
• Budget model analysis, data model development.
• Communication with the Customer in order to identify requirements for the system, clarify the data model, protect own design solutions, and coordinate project documentation.
• Writing project documentation (TOR, technical design solutions, technical project, user manuals and administrators).
• Setting up budgeting systems on the IBM Cognos TM1 platform.
• Testing settings and implemented business algorithms in an automated system.
• Accompanying the trial operation of the system with the Customer, instructing and consulting users.

It is important for us :

• Higher education.
• Participation in projects for the implementation / development of budgeting systems based on IBM Cognos TM1/IBM Planning Analytics as a developer for at least 2 years.
• Knowledge of the technical architecture of the IBM Cognos TM1/IBM Planning Analytics platform.
• Knowledge of relational and multidimensional databases, SQL, MDX are welcome.
• Confident user of MS Excel, MS Word, MS Visio.
• Knowledge of the principles of planning, budgeting, management accounting.
• English – reading technical documentation.

We offer:

• Official registration in the staff of the company.

• Salary is discussed based on the results of those. interviews. We know the market, we are ready to discuss individually.

• Flexible start of the working day, the possibility of visiting the office for colleagues from Moscow, St. Petersburg and Yaroslavl. Complete remote work for colleagues from other Russian cities.

• Open corporate culture.

• A minimum of bureaucracy and reports, and meetings only when necessary and with a clear program.

• VHI policy, corporate rates for fitness and English classes on leading platforms.

We will be glad to discuss cooperation!

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How much will the former head of IBM earn when he retires?

In September, Sam Palmisano announced that he would be leaving IBM at the end of this year and retiring. Recall that in 2011 he handed over powers to the new CEO of Virginia Rometty (the first woman to lead the company in its entire hundred-year history), while he himself remained as chairman of the board of directors. Palmisano will work in retirement – at IBM , but as a consultant, reports Wall Street Journal .

The salary that Palmisano will receive for his new job will be more than attractive: for 4 hours spent on consultations, he will earn $20,000. That is, hypothetically, Palmisano can earn $ 400 thousand a year, working 4 hours for only 20 days. That’s double what his predecessor as IBM chief consultant (and IBM CEO) Louis Gerstner was earning. Palmisano’s contract is open, it does not specify how many days a year he must devote to work. Gerstner’s ten-year contract expires in March.

Many former senior executives of large companies often take advantage of this golden opportunity to remain as consultants. This is also beneficial for the company, in general: the change of leadership is smooth and painless, experienced managers do not go to competitors and do not poach key specialists. In addition, this is a way to avoid all sorts of unpleasant situations that may lead to legal action against the company. The practice of consulting has been taking place in companies since about the 70s of the last century.

Specifics of contracts with consultants

Some contracts even cover “out of the box” situations, such as the death of a consultant. A great example is the Philip Powell treaty. Powell stepped down as CEO of First Cash Financial Services in 2005. And his contract with the company stipulated that if the consultant died during 2011, the company would have to pay compensation to his loved ones. However, 62-year-old Powell, who is actively fighting illegal insider trading in the United States, is still alive and well.

In the meantime, some investors are worried about this controversial type of income for former managers. In particular, this may indicate that the company itself decided to unobtrusively get rid of the head. Specifically among CEOs, according to the Wall Street Journal, this type of employment has been losing popularity in recent years, but at the same time it is rapidly gaining it among other top managers.

Over the past five years, 16 ex-CEOs of major US companies have earned an average of $500,000 in consulting fees, analysts at Equilar Inc. write in a study. However, since 2007, the trend has been for ex-chiefs of finance or leading lawyers to continue to advise, according to Theo Francis, an independent researcher who studied 300 relevant agreements specifically for the Wall Street Journal. At the same time, Francis notes, only a small part of the contracts stipulate the conditions for the minimum workload of consultants.

Kimberly-Clark, for example, guarantees its ex-CEO Ian Spencer, who worked for the corporation for over 30 years and left in June of this year, a quarterly salary of $50,000 until mid-2014. The maximum possible number of working hours is 200 per year. As Ian Spencer himself says, he worked about 50 hours this summer alone, advising former colleagues on helping the European team with planning.

One of the most important reasons for introducing the practice of consulting is, of course, the smooth transfer of powers of the ex-CEO to his successor. The consultations proved extremely useful during the first months of the new Phoenix CEO, James Ver. “Donna Young has been a great help in getting me up to date – both inside and outside the company,” Ver says.

Former Boeing CEO Scott Carson earned $1.5 million in two years. According to the contract, he was supposed to work no more than 75 hours a month, but it never reached this maximum. And for the last six months of his consulting career, he practically did not work, but he received compensation in full. The company said that getting new CEO Jim Albau up and running took less time than expected.

Useful practice or disturbing trend?

Experts are concerned about one point: it’s good when the former head of the company goes through a difficult transition period and does not take all his many years of experience with him, but transfers it to the new team. But it’s a completely different matter if it’s just a way to covertly pay large severance pay.