Salary for Senior-level / Expert Consultant during 2024

Salary details

The average senior-level / expert Consultant salary lies between USD 100,000 and USD 176,300 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: Jan. 19, 2025

Salary trend

Top 20 Job Tags for Senior-level / Expert Consultant roles

The three most common job tag items assiciated with senior-level / expert Consultant job listings are Python, SQL and Consulting. 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:

Python | 1259 jobs SQL | 1080 jobs Consulting | 1017 jobs Engineering | 1004 jobs Machine Learning | 896 jobs Computer Science | 791 jobs Architecture | 697 jobs Agile | 658 jobs Azure | 614 jobs R | 580 jobs AWS | 556 jobs Statistics | 534 jobs Power BI | 507 jobs Data management | 482 jobs Security | 479 jobs Data Analytics | 478 jobs Big Data | 448 jobs ETL | 443 jobs Pipelines | 414 jobs GCP | 407 jobs

Top 20 Job Perks/Benefits for Senior-level / Expert Consultant roles

The three most common job benefits and perks assiciated with senior-level / expert 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 | 1287 jobs Flex hours | 546 jobs Health care | 486 jobs Team events | 444 jobs Equity / stock options | 402 jobs Salary bonus | 350 jobs Startup environment | 345 jobs Competitive pay | 305 jobs Insurance | 290 jobs Parental leave | 257 jobs Flex vacation | 217 jobs Medical leave | 165 jobs Fitness / gym | 146 jobs Wellness | 100 jobs 401(k) matching | 77 jobs Fertility benefits | 76 jobs Transparency | 68 jobs Conferences | 51 jobs Flexible spending account | 49 jobs Cell phone stipend | 44 jobs

Salary Composition

The salary for a Senior-level or Expert Consultant in AI/ML/Data Science typically comprises several components. The fixed base salary is the largest portion, often accounting for 70-80% of the total compensation package. Bonuses, which can be performance-based or tied to company profits, usually make up 10-20%. Additional remuneration might include stock options, especially in tech companies, and other benefits like health insurance, retirement contributions, and professional development allowances. The composition can vary significantly depending on the region, industry, and company size. For instance, tech giants in Silicon Valley might offer substantial stock options, while companies in other regions might focus more on cash bonuses.

Increasing Salary

To increase your salary from this position, consider the following strategies:

• Specialization: Develop expertise in a niche area of AI/ML that is in high demand, such as natural language processing or computer vision.
• Leadership Roles: Transition into leadership or managerial roles, which often come with higher pay.
• Consulting: Establish yourself as a thought leader and take on consulting projects or speaking engagements.
• Networking: Build a strong professional network to learn about higher-paying opportunities.
• Continuous Learning: Stay updated with the latest technologies and methodologies in AI/ML to remain competitive.

Educational Requirements

Most senior-level positions in AI/ML/Data Science require at least a master's degree in a related field such as computer science, data science, statistics, or engineering. A Ph.D. can be advantageous, especially for roles that involve research or developing new algorithms. Employers often look for candidates with a strong foundation in mathematics and programming.

Helpful Certificates

While not always mandatory, certain certifications can enhance your profile:

• Certified Data Scientist (CDS)
• TensorFlow Developer Certificate
• AWS Certified Machine Learning – Specialty
• Microsoft Certified: Azure AI Engineer Associate
• Google Professional Machine Learning Engineer

These certifications demonstrate proficiency in specific tools and platforms, which can be appealing to employers.

Required Experience

Typically, a senior-level consultant in AI/ML/Data Science is expected to have at least 5-10 years of relevant experience. This includes hands-on experience with machine learning models, data analysis, and software development. Experience in leading projects, mentoring junior team members, and collaborating with cross-functional teams is also highly valued.

Related salaries

Want to contribute?