The Functions of Booz Allen Hamilton

816 Words2 Pages

Company Profile:

As a frequent fixture on such prestigious lists as the Fortune 500, 100 Best Companies to Work For and the like, Booz Allen Hamilton has built up quite an impressive reputation since its founding in 1914, almost a century prior. Serving as the brain-child of Chicago native Edwin G. Booz, Booz Allen Hamilton functions as both a public consulting firm and a home-land security contractor for the US government. It is designed to help government and business officials tackle complex issues by offering a wide range of services including: Consulting on financial and health reform, strategy and technology, program management, operations improvement, Cybersecurity solutions, systems engineering, and business analytics. Since its inception in 1914 in McLean, Virginia, its headquarters, the company has vastly expanded to more than 45 locations nationwide and more than 25,000 employees to date, generating a fiscal revenue of approximately $5.5 billion. Currently headed by Chairman and CEO Ralph Shrader, Booz Allen has taken on numerous high-profile clients throughout the years. The firm's clientele includes the Department of Defense as well as all branches of the U.S. military, intelligence agencies, the Department of Homeland Security, the Department of Energy, the Department of Health and Human Services, and the EPA, to name a few. The famous, ground-breaking reforms created within the IRS under the "IRS Modernization Project" earned the business powerhouse a Hammer Award in 2001. The company was also responsible for such technological and innovative discoveries as the Organizational DNA Concept, which the Harvard Business Review named one of the top "Breakthrough Ideas of 2005."

With such a remarkable resume, j...

... middle of paper ...

...that even though education and skill level are two attributes that make a significant difference in decrease or increase of pay, Booz Allen Hamilton salary ranges are not terribly drastic. The payscale at Booz Allen Hamilton starts out at roughly the early-to-mid $60,000's for lower level consultants and reaches into the early six figures for associates. Majority of those employed by the business powerhouse cash in somewhere in the middle of the two ranges. Either way, however, even the base pay is a cut above the rest in terms of salary in the specified field. While there certainly are inherent difficulties created by the sheer status of the company and the requirements and standards employees are required to uphold, those chosen to take part in the successes of the business tycoon, often find that Booz Allen Hamilton salaries definitely make it well-worth it.

More about The Functions of Booz Allen Hamilton

Open Document