Charles River Associates Salaries

47 total salary submissions
Avg. Hours Worked (50%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

41.8
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (88%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.2
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Charles River Associates Salary

3.8
Total Median Pay
$82,500
Median Base Pay
$72,500
Median Bonus Pay
$10,000

How much does Charles River Associates pay?

Base range:
$61,000 - $95,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$5,000 - $18,000

Charles River Associates pays an average salary of $72,500 per year. This base compensation is the equivalent of $36 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Charles River Associates based on our data is actually 42 hours, which would bring down the true effective hourly rate to $36 on average. If you include the average bonus of $10,000, then the total average pay at Charles River Associates would be $82,500 per year or $41 per hour at the 42 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Charles River Associates pays the highest-paid employees over $103,000 a year, while the lowest-paid employees are paid less than $72,000. Charles River Associates employees in different groups or divisions tend to have different salaries as well.For example, employees in the Consulting sector earn an average yearly salary of $95,000.While employees in the Life Sciences sector earn an average yearly salary of $73,000.

Charles River Associates Salaries

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Highest Paying Jobs at Charles River Associates

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Year 2011
Job Title
Group/Division Consulting
Location New York
Pay Rate/Type
Bonus
Consultant
Year 2014
Job Title Consultant
Group/Division Antitrust
Location Boston
Pay Rate/Type
Bonus
1st Year Associate
Year 2021
Job Title 1st Year Associate
Group/Division Consulting
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2019
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Finance
Location Boston
Pay Rate/Type
Bonus
1st Year Associate
Year 2022
Job Title 1st Year Associate
Group/Division Economic Consulting
Location Washington
Pay Rate/Type
Bonus
1st Year Associate
Year 2021
Job Title 1st Year Associate
Group/Division N/A
Location Chicago
Pay Rate/Type
Bonus
2nd Year Analyst
Year 2023
Job Title 2nd Year Analyst
Group/Division Antitrust
Location New York
Pay Rate/Type
Bonus
Research Associate
Year 2014
Job Title Research Associate
Group/Division Economic Consulting
Location Chicago
Pay Rate/Type
Bonus
2nd Year Associate
Year 2023
Job Title 2nd Year Associate
Group/Division Financial Planning and Analysis
Location Chicago
Pay Rate/Type
Bonus

Average Pay by City for Charles River Associates

Below we use 47 salary submissions to order the is the total average compensation by city for Charles River Associates. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is Boston, where employees earn an average salary of $83,000.

Salaries by Location at Charles River Associates

Rank
City
Total pay Range
Range of $/hr
Boston
Rank 1
City Boston
Total pay Range $65,000 - $95,000
Range of $/hr $33/hr - $48/hr

Charles River Associates Salaries by Department

Salaries at Charles River Associates depend on the group, division, department or function. Employees who work in the Consulting group tend to get paid the most at at Charles River Associates, earning an average yearly salary of $95,000. Employees in the Economic Consulting receive relatively high salaries as well, where wages average $82,500 per year. A division that does not pay as well at Charles River Associates includes the Life Sciences group, with employees earning $73,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Consulting
Rank 1
Department Consulting
Average Pay $95,000
Average Hourly Pay $48/hr
Economic Consulting
Rank 2
Department Economic Consulting
Average Pay $82,500
Average Hourly Pay $41/hr
Antitrust
Rank 3
Department Antitrust
Average Pay $76,000
Average Hourly Pay $38/hr
Life Sciences
Rank 4
Department Life Sciences
Average Pay $73,000
Average Hourly Pay $37/hr

Recently Added Charles River Associates Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location boston
Pay Rate/Type
Bonus
Intern
Year 2023
Job Title Intern
Group/Division Antitrust
Location Washington
Pay Rate/Type
Bonus
2nd Year Associate
Year 2023
Job Title 2nd Year Associate
Group/Division Financial Planning and Analysis
Location Chicago
Pay Rate/Type
Bonus
2nd Year Associate
Year 2023
Job Title 2nd Year Associate
Group/Division Financial Planning and Analysis
Location Chicago
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Economic Consulting
Location San Francisco
Pay Rate/Type
Bonus