The wages and salaries of management consultancy services in Austria have demonstrated consistent growth since 2013, marked by fluctuations in annual percentage changes. Specifically, the actual value in 2023 stood at 897.9 million euros. Over the past two years, the annual growth rates were 2.5% in 2022 and 2.43% in 2023. The compound annual growth rate (CAGR) over the last five years (up to 2023) has been recorded at 3.78%.

Future trends to watch for include:

Continued steady wage growth at an average yearly rate of 1.76% (forecasted 5-year CAGR).
Increases in the value to reach approximately 1,000 million euros by 2028, reflecting a forecasted growth rate of 9.11% over the next five years.
Potential impacts from global economic conditions, technological advancements, and labor market changes on wages in management consultancy services starting in 2024 forward.