How Much Do Loss Control Consultants Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary loss control consultants make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for loss control consultants and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of loss control consultants are offering as compensation.
Keep reading to learn more about how much loss control consultants can expect to make in the United States.
At a Glance: Salary & Jobs for Loss Control Consultants
According to data from 2023, there were about 59,374 positions for loss control consultants in the United States. In terms of salary, the national median salary for loss control consultants was reported to be $106,101. Additionally, when examining job demand, employers across the country posted 61,568 job postings related to positions for loss control consultants.
How Much Money Do Loss Control Consultants Make?
Median salary is just one data point. To build a better understanding of how much money loss control consultants and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for loss control consultants.
Annual Salary for Loss Control Consultants
According to the BLS, the lowest earners for loss control consultants and related professions earned about $61,090 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $184,330 annually.
As mentioned previously, the median salary for loss control consultants in the United States in 2023 was $106,101.
Annual Salary Range For Loss Control Consultants In 2023
Hourly Salary for Loss Control Consultants
The BLS also breaks down compensation for loss control consultants by hourly salary, and the median average hourly pay for loss control consultants in 2023 was $51. Lowest hourly earners took home $29 while the highest reported hourly salaries for loss control consultants was $89.
Hourly Salary Range For Loss Control Consultants In 2023
Advertised Compensation for Loss Control Consultants
Data from the BLS is one way to dig into compensation for loss control consultants, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for loss control consultants.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Loss Control Consultants
Advertised Annual Salary
During a review of 63,835 job postings related to loss control consultants, advertised salary was included in 25,273 of them, which was 40%. Based on those postings, the median advertised salary for loss control consultants was $117,120 per year.
Hourly Salary from Job Postings for Loss Control Consultants
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for loss control consultants. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for loss control consultants in the United States is about $56.
Salary Trend for Loss Control Consultants
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for loss control consultants. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for loss control consultants dating back to September 2020, advertised salaries for loss control consultants have increased 37%.
Advertised Wage Trend For Loss Control Consultants
What's the Job Growth for Loss Control Consultants?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for loss control consultants over the next 10 years.
According to the data obtained through Lightcast,™ there were 59,315 jobs for loss control consultants in the United States in 2023. By 2033, it is expected that about 6,461 jobs will be added. That's a 10.9% increase over the next 10-year period.
Employment Projections For Loss Control Consultants
Additional Links
Ready to dig deeper into career information about loss control consultants? Visit our other pages focused on salary and education for loss control consultants.
What do loss control consultants do?
Loss Control Consultants: How do you become one?
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