Average Management Consultant Salary in Lithuania for 2024

In this article, we will look at the average Management Consultant salary for 2024 in Lithuania and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Management Consultant Make in Lithuania?

A Management Consultant working in Lithuania will typically earn around 48,340 EUR per year, and this can range from the lowest average salary of about 22,340 EUR to the highest average salary of 72,120 EUR.

Average Annual Salary
48,340 EUR
Average Monthly Salary
4,028 EUR

Lowest Annual Salary
22,340 EUR
Lowest Monthly Salary
1,861 EUR

Highest Annual Salary
72,120 EUR
Highest Monthly Salary
6,010 EUR

These are average salaries for a Management Consultant in Lithuania and include benefits such as housing and transport. It's also possible for a Management Consultant to earn more or less than the average salaries shown above.

Management Consultant salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Management Consultant Salaries in Lithuania

So we've looked at the average salaries a Management Consultant will earn in Lithuania. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Management Consultant can earn between 22,340 EUR and 72,120 EUR on average in Lithuania. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Management Consultant in Lithuania is 44,780 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 44,780 EUR, and 50% of the population earn more than 44,780 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Management Consultant salary in Lithuania, 25% of the population are earning less than 29,600 EUR while 75% of the population earn more than 29,600 EUR.

75% of the population earn less than 56,460 EUR, and 25% of the population earn more than 56,460 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Management Consultant Salary by Experience Level in Lithuania

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average management consultant salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Management Consultant in Lithuania that has less than two years of experience can expect to earn somewhere in the region of 25,720 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Management Consultant salary would increase to 33,980 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Management Consultant, the average salary would be 49,700 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 58,240 EUR.
  • 15 - 20 Years Experience. A Management Consultant with 15 to 20 years of experience can earn an average of 61,760 EUR.
  • 20+ Years Experience. For a Management Consultant with more than 20 years, the expected average salary increases to 68,900 EUR.

Average Salary by Experience Chart

0-2 Years
25,720 EUR
2-5 Years +31%
33,980 EUR
5-10 Years +40%
49,700 EUR
10-15 Years +20%
58,240 EUR
15-20 Years +9%
61,760 EUR
20+ Years +8%
68,900 EUR

Management Consultant Salary by Education Level in Lithuania

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Management Consultant in Lithuania based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Management Consultant in Lithuania with a high school education can earn an average salary of 32,200 EUR.

  • Certificate or Diploma. A Management Consultant in Lithuania with a certificate or diploma education can earn an average salary of 36,800 EUR.

  • Bachelor's Degree. A Management Consultant in Lithuania with a bachelor's degree education can earn an average salary of 52,180 EUR.

  • Master's Degree. A Management Consultant in Lithuania with a master's degree education can earn an average salary of 66,440 EUR.

Average Salary by Education Chart

High School
32,200 EUR
Certificate or Diploma +15%
36,800 EUR
Bachelor's Degree +41%
52,180 EUR
Master's Degree +29%
66,440 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Lithuania is around 16,400 to 49,100 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Management Consultant Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Lithuania, a male management consultant will earn an average of 47,400 EUR, while a female management consultant will earn around 46,400 EUR.

This means that a male management consultant earns approximately 2% more than a female management consultant for performing the same job.

Average Salary by Gender Chart in Lithuania

Male
47,400 EUR
Female -2%
46,400 EUR

Management Consultant Average Pay Raise in Lithuania

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Management Consultant in Lithuania is around 12% every 17 months.

The national average pay raise across all professions and industries in Lithuania is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 17 ) × 12  = 8%

What this means is that a Management Consultant in Lithuania can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Lithuania for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Lithuania.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Management Consultant Bonus and Incentive Rates in Lithuania

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Management Consultant is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
52%
No Bonus
48%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Lithuania earn approximately 9% more than private sector employees in the same role.

Public Sector
42,320 EUR
Private Sector -9%
38,680 EUR

Salaries for Jobs Similar to a Management Consultant

In the table below, we have salary information for jobs that are similar to a Management Consultant in Lithuania.

Job Title Category Salary
Account Coordinator Executive and Management 38,260 EUR
Account Director Executive and Management 42,960 EUR
Account Executive Executive and Management 43,340 EUR
Account Manager Executive and Management 40,600 EUR
Administration Manager Executive and Management 46,720 EUR
Administration Officer Executive and Management 24,800 EUR
Administration Supervisor Executive and Management 35,340 EUR
Administrative Clerk Executive and Management 20,120 EUR
Administrative Officer Executive and Management 15,920 EUR
Area Director Executive and Management 43,520 EUR
Area Manager Executive and Management 44,180 EUR
Asset Protection Associate Executive and Management 46,880 EUR
Assistant Director Executive and Management 44,540 EUR
Assistant General Manager Executive and Management 47,760 EUR
Assistant Manager Executive and Management 49,700 EUR
Assistant Managing Director Executive and Management 51,120 EUR
Assistant Operations Manager Executive and Management 53,600 EUR
Assistant Project Manager Executive and Management 46,400 EUR
Assistant Section Head Executive and Management 40,240 EUR
Assistant to CEO Executive and Management 45,580 EUR
Assistant Vice President Executive and Management 48,740 EUR
Associate Account Director Executive and Management 46,720 EUR
Associate Director Executive and Management 48,940 EUR
Bid Manager Executive and Management 50,180 EUR
Branch Manager Executive and Management 54,140 EUR
Business Development Manager Executive and Management 59,940 EUR
Business Operations Associate Executive and Management 43,800 EUR
Business Operations Lead Executive and Management 48,740 EUR
Campaign Manager Executive and Management 50,180 EUR
Catering Coordinator Executive and Management 30,840 EUR
Catering Manager Executive and Management 46,840 EUR
CEO Executive and Management 91,960 EUR
Chairman of The Board Executive and Management 88,300 EUR
Chairman Office Manager Executive and Management 58,720 EUR
Chief Commercial Officer Executive and Management 66,480 EUR
Chief Corporate Officer Executive and Management 68,320 EUR
Chief Executive Officer Executive and Management 85,700 EUR
Chief Financial Officer Executive and Management 82,920 EUR
Chief Investment Officer Executive and Management 61,680 EUR
Chief of Staff Executive and Management 42,040 EUR
Chief Operating Officer Executive and Management 66,140 EUR
Chief Risk Officer Executive and Management 57,900 EUR
Client Account Manager Executive and Management 53,860 EUR
Client Accounts Officer Executive and Management 43,760 EUR
Client Services Manager Executive and Management 58,280 EUR
Commercial Director Executive and Management 64,040 EUR
Commercial Manager Executive and Management 52,380 EUR
Commercial Project Manager Executive and Management 48,200 EUR
Commodity Broker Executive and Management 37,380 EUR
COO Executive and Management 63,040 EUR
Corporate Affairs Executive Executive and Management 55,940 EUR
Corporate Compliance Director Executive and Management 58,280 EUR
Corporate Director Executive and Management 64,640 EUR
Corporate Officer Executive and Management 45,060 EUR
Corporate Partnerships Officer Executive and Management 41,180 EUR
Country Manager Executive and Management 72,120 EUR
Department Head Executive and Management 57,080 EUR
Department Manager Executive and Management 52,380 EUR
Department Supervisor Executive and Management 46,980 EUR
Deputy Director Executive and Management 60,880 EUR
Deputy Manager Executive and Management 60,340 EUR
Director Executive and Management 65,080 EUR
Director of Accreditation Executive and Management 60,480 EUR
Director of Catering Services Executive and Management 52,300 EUR
Director of Client Services Executive and Management 55,580 EUR
Director of Facilities Management Executive and Management 50,340 EUR
Director of Operations Executive and Management 60,480 EUR
Director of Process Simplification Executive and Management 45,620 EUR
Director of Product Management Executive and Management 57,860 EUR
Director of Project Management Executive and Management 60,460 EUR
Director of Revenue Management Executive and Management 59,380 EUR
Director of Training and Development Executive and Management 57,320 EUR
Distribution Manager Executive and Management 62,420 EUR
Division Manager Executive and Management 53,120 EUR
Duty Manager Executive and Management 52,380 EUR
Engagement Manager Executive and Management 65,760 EUR
Executive Director Executive and Management 92,400 EUR
Executive Manager Executive and Management 74,540 EUR
Franchise Manager Executive and Management 79,240 EUR
General Manager Executive and Management 66,140 EUR
Global Master Data Manager Executive and Management 60,920 EUR
Global Technical Lead Executive and Management 38,700 EUR
Head of Investment Executive and Management 57,860 EUR
Head of Middle Office Executive and Management 55,320 EUR
Head of Projects Executive and Management 59,940 EUR
Head of Strategy Executive and Management 71,020 EUR
Head of Supply Chain Executive and Management 53,660 EUR
Head of Sustainability Executive and Management 50,240 EUR
Housing Manager Executive and Management 48,200 EUR
HSE Manager Executive and Management 48,300 EUR
Key Account Manager Executive and Management 48,640 EUR
Knowledge Manager Executive and Management 54,500 EUR
Location Manager Executive and Management 54,280 EUR
Logistics Executive Executive and Management 47,180 EUR
Logistics Manager Executive and Management 48,200 EUR
Management Executive Executive and Management 61,580 EUR
Manager Executive and Management 57,360 EUR
Managing Director Executive and Management 72,420 EUR
MIS Executive Executive and Management 61,780 EUR
Ocean Services Manager Executive and Management 61,580 EUR
Operational Manager Executive and Management 63,700 EUR
Operations Analyst Executive and Management 52,880 EUR
Operations Assistant Executive and Management 43,340 EUR
Operations Director Executive and Management 69,540 EUR
Operations Executive Executive and Management 66,940 EUR
Operations Manager Executive and Management 68,060 EUR
Operations Supervisor Executive and Management 51,900 EUR
Planning Director Executive and Management 65,760 EUR
PMO Manager Executive and Management 57,620 EUR
Policy Administration Executive Executive and Management 49,020 EUR
Private Sector Executive Executive and Management 52,380 EUR
Product Development Manager Executive and Management 58,800 EUR
Product Executive Executive and Management 50,240 EUR
Production Executive Executive and Management 59,380 EUR
Production Manager Executive and Management 62,060 EUR
Production Supervisor Executive and Management 50,520 EUR
Program Director Executive and Management 63,320 EUR
Program Manager Executive and Management 59,660 EUR
Programme Coordinator Executive and Management 40,040 EUR
Project Control Manager Executive and Management 66,020 EUR
Project Coordinator Executive and Management 39,160 EUR
Project Management Officer Executive and Management 41,820 EUR
Project Manager Executive and Management 45,200 EUR
Project Portfolio Manager Executive and Management 50,240 EUR
Quality Manager Executive and Management 49,360 EUR
R/D Director Executive and Management 54,500 EUR
Regional Director Executive and Management 83,060 EUR
Regional Manager Executive and Management 62,420 EUR
Relationship Manager Executive and Management 61,780 EUR
Retail District Manager Executive and Management 43,480 EUR
Revenue Manager Executive and Management 49,820 EUR
Risk and Capital Manager Executive and Management 65,760 EUR
Risk Officer Executive and Management 44,540 EUR
Safety Manager Executive and Management 45,000 EUR
Section Head Executive and Management 48,200 EUR
Service Manager Executive and Management 50,080 EUR
Shift Supervisor Executive and Management 38,260 EUR
Solutions Manager Executive and Management 41,180 EUR
Supervisor Executive and Management 34,380 EUR
Supply Chain Manager Executive and Management 64,620 EUR
Surveyor Executive and Management 41,700 EUR
Technical Director Executive and Management 57,360 EUR
Technical Manager Executive and Management 55,580 EUR
Territory Manager Executive and Management 57,320 EUR
Validation Manager Executive and Management 53,120 EUR
Vice President Executive and Management 72,420 EUR
Zone Manager Executive and Management 64,300 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Lithuania, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Vilnius 52,820 EUR

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