Management, scientific & technical consulting services

About

The top three occupations in the Management, scientific & technical consulting services Industry Group are management analysts, other managers, and chief executives & legislators. On average, full-time employees in the Management, scientific & technical consulting services Industry Group work 44.3 hours per week and have an average annual salary of $125,457. Part-time employees in the same industry work 20.1 hours and earn an average annual salary of $57,932.

The locations with the highest concentration of employees in the Management, scientific & technical consulting services Industry Group are District of Columbia (South Central) PUMA, DC, Arlington County (North) PUMA, VA, and Chicago City (Central)--Near North Side, Loop & Near South Side PUMA, IL.

The workforce of Management, scientific & technical consulting services Industry Group in 2024 was 1,844,480 people, with 44.1% woman, and 55.9% men.

In 2024, 66.7% of the workforce in the Management, scientific & technical consulting services Industry Group was White (1,230,087 people), of which 43.2% were women and 56.8% men.

Professional, Scientific & Technical Services Professional, Scientific & Management, and Administrative & Waste Management Services

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Management, scientific & technical consulting services Industry Group.

The workforce in Management, scientific & technical consulting services Industry Group was 1,844,480 people and is concentrated in California (205,878 workers). The average annual salary was $116,454, being $46,577 more than the national average salary, which was $69,878.

Monthly Employment

Start Year

Y-Axis

6.42%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 1.29M people employed in the Management, Scientific, and Technical Consulting Services industry. This represents a 6.42% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Management, Scientific, and Technical Consulting Services over time (non-seasonally adjusted).

Employment by Location

The states that concentrated the largest workforce in 2024 were California (206k), Texas (175k), and Florida (128k).

This map shows the states in the United States shaded by workforce for Management, scientific & technical consulting services Industry Group.

Yearly Wage Ranking

In 2024, Management, scientific & technical consulting services Industry Group had an average annual wage of $116,454, $46,577 more than the average national salary of $69,878.

The graph shows the position of Management, scientific & technical consulting services Industry Group in the ranking of industries by average annual wage.

Wage Distribution

0.436

WAGE GINI

Management, scientific & technical consulting services has a wage GINI of 0.436, which is less than than the national average of 0.474. In other words, wages are distributed more evenly in Management, scientific & technical consulting services (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Management, scientific & technical consulting services Industry Group workers compared to the entire workforce in the country.

Occupations

A review of jobs and wages in the Management, scientific & technical consulting services Industry Group.

Management analysts are the most common position with 464,511 workers, but the Management, scientific & technical consulting services Industry Group employs a relatively high number of Other managers and Chief executives & legislators.

The highest average salary in Management, scientific & technical consulting services goes to Cardiovascular technologists and technicians.

Occupations Distribution

The graph shows the distribution of employees in the Management, scientific & technical consulting services Industry Group according to occupations. In 2024, the occupations that concentrated the largest number of employees in this industry were management analysts (464,511 people), other managers (162,964 people), and chief executives & legislators (60,166 people)

Wage by Sex in Common Jobs

$132,473

AVERAGE MALE SALARY

±$3,166

$96,122

AVERAGE FEMALE SALARY

±$2,564

On average, Male workers in the Management, scientific & technical consulting services Industry Group make 1.38 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Management, scientific & technical consulting services Industry Group.

Business

Estimates of the sources of the costs and the purchasers of the products in the Management, scientific & technical consulting services Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Management, scientific & technical consulting services Industry Group.

The Management, scientific & technical consulting services Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.

California and Florida stand out as the states with the largest number of establishments in the Management, scientific & technical consulting services Industry Group.

Industrial Flow

The closest comparable data for Management, scientific & technical consulting services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

Professional and business services has the highest single input, by dollars, to the Management, scientific & technical consulting services Industry Group, and the largest industry purchasing services from the Management, scientific & technical consulting services Industry Group is Professional and business services.

In this flow diagram, all of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Intermediate Inputs

The closest comparable data for Management, scientific & technical consulting services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

HIGHEST INPUT INDUSTRY

Professional and business services
Manufacturing
Finance, insurance, real estate, rental, and leasing

Use of Output by Other Industries

The closest comparable data for Management, scientific & technical consulting services is from Professional, Scientific & Management, and Administrative & Waste Management Services.

LARGEST PURCHASING INDUSTRY

The Professional and business services Industry purchases the greatest share of products and services from the Management, scientific & technical consulting services Industry Group in order to produce other goods and services. Purchases of the Management, scientific & technical consulting services Industry Group for final consumption by consumers, businesses, or government are not included here.

Establishments

States with more establishments in 2022

California
35,596
Florida
24,522
Texas
18,688

The charts shows the distribution of establishments in the Management, scientific & technical consulting services industry by states and the number of establishments according to size.

Diversity

Demographic information on the Management, scientific & technical consulting services Industry Group in the US.

Of the total workforce, 44.1% corresponds to women and 55.9% men. Male employees tend to earn more than Female employees, with average respective salaries of $132,473 and $96,122.

85.1% of workers have a bachelors degree, graduate degree or some college.

Gender and Age

812,785

Women

44.1%

1,031,695

Men

55.9%

The workforce of Management, scientific & technical consulting services industry in 2024 was 1,844,480 people, with 44.1% woman, and 55.9% men.

The visualization shows the distribution of the workforce by gender and age in Management, scientific & technical consulting services industry.

Races

In 2024, 66.7% of the workforce in the Management, scientific & technical consulting services industry was White (1,230,087 people), of which 43.2% were women and 56.8% men.

Other races that concentrated a significant number of workers were Asian and Two or More Races.

Educational Levels

The main educational levels achieved by the Management, scientific & technical consulting services workers in 2024 were bachelors degree (815,086 people), graduate degree (536,452 people), and some college (218,491 people).

The chart shows the Management, scientific & technical consulting services workforce by gender and educational level.

Projections

Growth projections of the Management, Scientific, and Technical Consulting Services industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 9.36% in the next ten years. The Management, Scientific, and Technical Consulting Services industry has a lower projected workforce growth at 9.36%. Its projected 10-year growth in output (29.7%) is lower than the projected national growth in output (29.7%).

Job Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Management, Scientific, and Technical Consulting Services.

9.36%

Estimated Job Growth

10-year Projection

9.36%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Management, Scientific, and Technical Consulting Services. This industry is expected to grow approximately the same than 9.36%, the average rate of national job growth.

Output Growth

For growth projections, the closest comparable industry reported by the Bureau of Labor Statistics is Management, Scientific, and Technical Consulting Services.

29.7%

Estimate Growth

10-year Projection

This line chart shows the projected 10-year growth in output of the Management, Scientific, and Technical Consulting Services industry.

Professional, Scientific & Management, and Administrative & Waste Management Services

Industry Sector

Management, scientific & technical consulting services

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