KPMG Salaries & Benefits 2023 by Position & Location

At KPMG, management consulting is one of its three main lines of services - Financial audit, Tax, and Advisory (Consulting). In KPMG US, a junior-level consultant can make around $91,000-130,000 a year, while a senior-level consultant can earn $104,000-143,000 annually.

Disclaimer:

(1) Unless stated otherwise, salaries in this article are based on US figures. “Total Annual Salary” includes Base Salary, Performance Bonus, and Others (including Profit Sharings, Stock, Commission), scaled up to one year (for example, if an Intern works for ten weeks, we will scale up the income of ten weeks to one year for presentation purposes).

(2) One-time sums, such as Relocation or Signing Bonus, are not counted. Business allowance is also not presented here. The figures in this article are rounded to the closest 1000. Actual figures may vary, depending on location, position, experience, performance, and report time.

(3) Our primary source of information is Glassdoor. However, Glassdoor is a platform where users can anonymously share their salary and compensation information. As such, it can be difficult to verify the accuracy of its data. Furthermore, consulting firms do not openly disclose their salary information. Therefore, the below data should only be used for reference purposes.

Source: Glassdoor. Figures in this chart represent the highest available data points.

KPMG consulting Intern salary 2023

Consulting interns at KPMG can earn between $50,000 - $74,000 a year.

Base: $47,000-70,000
Performance Bonus: up to $4,000
Total Annual Salary: up to $74,000

This is very competitive compared to MBB firms. While the base pay at KPMG is slightly higher than at MBB firms, intern at MBB firms has better additional pay.

	McKinsey	BCG	Bain
Base	$34,000-69,000	$40,000-63,000	$48,000-70,000
Bonus	$3,000-7,000	$3,000-6,000	$4,000-8,000
Others	$3,000-6,000	$3,000-5,000	$3,000-6,000
Total	$40,000-82,000	$46,000-74,000	$55,000-84,000

MBB Intern consultant annual salary, USA. Source: Glassdoor

KPMG Consultant/Associate salary 2023 (Undergraduate, Junior-level)

A junior-level Consultant at KPMG makes a minimum of $91,000 and a maximum of $130,000 a year, while an Associate earns between $68,000-97,000 annually.

KPMG Consultants’ salaries are 30% higher than an Associate. Consultants are client-facing roles with direct relationships with clients, while Associates are internal roles whose job is to support the consultant in the case. This pay discrepancy at KPMG is consistent with this division between the two roles.

	Associate	Consultant
Base	$65,000-91,000	$87,000-121,000
Bonus	$3,000-6,000	$5,000-9,000
Total	$68,000-97,000	$91,000-130,000

KPMG Associate/Consultant annual salary, USA. Source: Glassdoor

Consultants at KPMG generally earn less than their MBB counterparts. Their base salary maybe equivalent to MBB consultants, but bonuses at MBB consultants are significantly higher, and they offer more income in the form of stocks.

	McKinsey	BCG	Bain
Base,	$83,000-122,000	$69,000-105,000	$89,000-132,000
Bonus	$9,000-16,000	$9,000-16,000	$11,000-21,000
Others	$6,000-10,000	$13,000-26,000	$7,000-13,000
Total	$98,000-148,000	$91,000-147,000	$107,000-166,000

MBB junior-level consultant annual salary, USA. Source: Glassdoor

KPMG Senior Consultant/Associate salary 2023 (MBA/Experienced, Senior-level)

At Senior levels, KPMG Consultants only see a slight bump in their salary, to around $104,000 - $143,000 a year. Senior Associates earn between $95,000 - $132,000.

	Senior Associate	Senior Consultant
Base	$91,000-124,000	$98,000-132,000
Bonus	$4,000-8,000	$6,000-11,000
Total	$95,000-132,000	$104,000-143,000

KPMG Senior Associate/Senior Consultant annual salary, USA. Source: Glassdoor

Salaries for Senior Consultants at KPMG is much lower than what MBB firms are offering. The base pay for senior roles at KPMG are quite similar to McKinsey and Bain ($98,000-$132,000). But KPMG’s bonus is only half of MBBs, and they don’t offer additional income like the big three.

	McKinsey	BCG	Bain
Base	$96,000-153,000	$69,000-105,000	$96,000-153,000
Bonus	$18,000-34,000	$9,000-16,000	$17,000-32,000
Others	$11,000-20,000	$30,000-55,000	$29,000-55,000
Total	$125,000-207,000	$159,000-262,000	$142,000-240,000

MBB senior-level consultant annual salary, USA. Source: Glassdoor

KPMG consulting Manager salary 2023 (Manager-level)

KPMG’s consulting managers earn $149,000 - $223,000 annually. From the reported salary, we can see that KPMG’s consulting Manager salary is only at the same level as a Senior MBB Consultant.

Base: $117,000-163,000
Performance Bonus: up to $17,000
Others: up to $43,000
Total Annual Salary: up to $223,000 (potential for much more based on individual sales and profit sharing)

The base pay at KPMG is roughly equal to BCG. However, additional pay at KPMG is only around $31,000-60,000, compared to $53,000-99,000 at BCG.

	McKinsey	BCG	Bain
Base	$140,000-211,000	$120,000-179,000	$134,000-203,000
Bonus	$28,000-53,000	$20,000-37,000	$27,000-50,000
Others	$86,000-158,000	$33,000-62,000	$51,000-96,000
Total	$254,000-422,000	$173,000-278,000	$212,000-349,000

MBB manager-level consultant annual salary, USA. Source: Glassdoor

KPMG consulting Director salary 2023

At the Director level, KPMG’s total compensation lies between $247,000 - $400,000 a year.

Base: $152,000-222,000
Performance Bonus: up to $42,000
Others: up to $136,000
Total Annual Salary: up to $400,000 (potential for much more based on individual sales and profit sharing)

Compared to KPMG’s Director, partners at MBB earn 40-90% more in total pay. Most of this difference is from additional compensation (stock options, commissions and profit sharing). It’s worth noting that KPMG Directors are only top-level employees, while MBB partners are partial owners of the firms - which may explain the pay gap between KPMG Directors and MBB firms’ partners.

	McKinsey	BCG	Bain
Base	$171,000-321,000	$156,000-315,000	$170,000-315,000
Bonus	$46,000-131,000	$46,000-123,000	$49,000-119,000
Others	$126,000-325,000	$125,000-304,000	$132,000-302,000
Total	$343,000-777,000	$327,000-742,000	$351,000-736,000

MBB partner-level consultant annual salary, USA. Source: Glassdoor