This post concludes the 4-part series on ERP consulting written by Big Bang subject matter experts. Natalia Orlova, a Recruiter at Big Bang, outlines the ERP Consultant Salary, including:
- Industry Overview
- Where should you look for an ERP Consultant job
- Salary estimates
- Correlation between salary and skills
Overview of industry
The whole world is currently experiencing a significant change in the way businesses organize operations, optimize processes, and increase profitability. ERP (Enterprise Resource Planning) software systems are tools that transform organizations, making them more flexible, fast, structured, and predictable.
On a par with the growing interest of business leaders in the ERP-system, there is an increasing demand for specialists in this field, which automatically puts this profession on the level of highly paid jobs.
Among them, the leading niche is ERP consultant roles. The efficiency of the entire system depends to a large extent on his professionalism. Unlike an ordinary programmer, this specialist has a comprehensive approach to ERP integration within the framework of a particular organization’s working conditions.
According to recent reports, the Enterprise Resource Planning (ERP) market worldwide is projected to grow by US$16.2 billion, driven by a compounded growth of 5.7%. The shifting dynamics supporting this growth makes it critical for businesses to keep abreast of the changing pulse of the market. Poised to reach over US$34.2 Billion by 2025, On-premises will bring a global growth of this industry. By Report Linker
Between 2018 and 2028, the career is expected to grow 9% and produce 56,000 job opportunities across the U.S. These data reflect the global trend in the increase in demand for this profession Zippia careers
Where should you look for an ERP Consultant job:
ERP is applicable and in high demand across many industries: retail, telecommunications, transportation, shipping, medical, aerospace and defense, high tech, consumer products, banking, sports and entertainment, hospitality.
You may wish to look for an ERP specialist role in large holding structures; financial and industrial groups, large factories, manufacturing, management companies, consulting firms.
After some thorough research, these salary estimates are based on industry benchmarks; ERP Consultants in Canada make an average base salary of $75,444 CAD per year (Source: PayScale) The average ERP consultant salary in the United States differs between states being between $ 70,600 USD annual salary and can go up to $ 91,989 USD in California, for example where the cost of living is higher (Source: Salary Explorer). In comparison New Jersey, Maryland, and Oregon, ERP Consultants would average around $84,000. Zippia careers
Correlation between salary and skills
Salary is often determined by skill sets, along with years of experience in this industry. Some may need seven years to reach the level of professional maturity, while others will need ten and more.
Everything depends on individual characteristics: the level of intelligence, the speed of thought processes, the ability to learn, and, of course, motivation. An ERP Consultant is a job for people who want and are ready to be in constant development, always updating their knowledge.
It’s recommended and sought out to have a diversified experience related to consulting to maximize your professional outlook.
*annual salaries are expressed in CAD