SAP consulting is an invaluable skill set in the United States and other parts of the world. This tech giant stands for Systems, Applications, and Products, and professionals with SAP expertise are in high demand in the professional sphere. But exactly how much can these consultants earn? This article looks at the average salary of an SAP consultant in the US, as well as the various factors that come into play when determining their pay.
Exploring the Average Salary of an SAP Consultant in the US
According to the US Bureau of Labor Statistics, the annual median salary for an SAP Consultant in 2019 was $102,977. This median salary puts SAP Consulting in the same pay range as other technology-focused job roles such as software engineers, database administrators, and IT professionals. In terms of hourly pay, data obtained from Indeed.com estimates that an SAP Consultant could earn around $80 per hour. On average, SAP professionals can expect to make $2,000-3,000 per month. However, these figures may vary depending on an individual’s level of knowledge, experience, and specialization.
Analyzing the Factors that Impact Expected Earnings
The specific wage an SAP Consultant will earn can depend on a number of factors. These include:
- Experience: Generally, the more experienced a consultant is, the higher they will be able to earn. An SAP consultant with 5 to 10 years’ experience in the industry can expect to make up to 20% more than a newly qualified consultant.
- Skills: The range of modules and technologies used by an SAP consultant can also affect the salary they will bring in. For example, an experienced SAP Business Objects Consultant will be able to demand a higher remuneration than a more general consultant.
- Location: Geography also plays a role in salary ranges. SAP consultants located in larger cities and regions will often command higher salaries than those located in more rural areas.
Leveraging Previous Experience to Attain a Higher Pay Level
For SAP consultants looking to maximize their earning potential, gaining experience is one of the best strategies. It’s important to keep up to date with SAP trends and technologies, and to be aware of the various modules and deployed versions of the system. Consulting firms and employers are looking for SAP professionals with the most up-to-date knowledge and skills – it goes a long way in terms of wage expectations. As the SAP industry is constantly updating and growing, any SAP specialist looking to reach the higher earning brackets should ensure they stay ahead of the curve.
Conclusion
In conclusion, the salary of an SAP consultant in the US can vary widely based on individual experience, skills and location. To maximize wage expectations, SAP consultants should strive to equip themselves with the latest knowledge and technologies to stay ahead of the curve. Gaining experience and progression over a period of time is the surest way of reaching the higher pay levels of SAP consulting.
