Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business solutions consultants and principal consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a principal consultant has an average salary of $116,478, which is higher than the $96,777 average annual salary of a business solutions consultant.
The top three skills for a business solutions consultant include customer satisfaction, project management and client facing. The most important skills for a principal consultant are cloud, business development, and C #.
| Business Solutions Consultant | Principal Consultant | |
| Yearly salary | $96,777 | $116,478 |
| Hourly rate | $46.53 | $56.00 |
| Growth rate | 11% | 11% |
| Number of jobs | 147,079 | 143,753 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
A business solutions consultant specializes in recommending ways to optimize company operations using their expertise in the industry. They are typically working with the management team where they perform research and analysis to identify new business opportunities, assess existing systems to identify areas needing improvement, coordinate with other staff to gather and analyze data, develop and implement solutions in problem areas, and devise strategies to optimize workforce operations. Furthermore, it is essential to come up with solutions while adherence to the company's policies and regulations, including its vision and mission.
A principal consultant is responsible for evaluating business' needs and opportunities, identifying potential leads to create project proposals, and maintaining strong business relationships that would generate revenues and increase the organization's profitability. Principal consultants must be up-to-date with the current market trends to ensure that the business adapts to the industry's changes. They also initiate new product development to expand its brand image, working closely with the marketing team for marketing strategies and promotions.
Business solutions consultants and principal consultants have different pay scales, as shown below.
| Business Solutions Consultant | Principal Consultant | |
| Average salary | $96,777 | $116,478 |
| Salary range | Between $70,000 And $132,000 | Between $90,000 And $150,000 |
| Highest paying City | Braintree Town, MA | San Francisco, CA |
| Highest paying state | Massachusetts | Oregon |
| Best paying company | Pure Storage | |
| Best paying industry | - | Finance |
There are a few differences between a business solutions consultant and a principal consultant in terms of educational background:
| Business Solutions Consultant | Principal Consultant | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between business solutions consultants' and principal consultants' demographics:
| Business Solutions Consultant | Principal Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 67.4% Female, 32.6% | Male, 75.8% Female, 24.2% |
| Race ratio | Black or African American, 8.5% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 12.2% White, 65.4% American Indian and Alaska Native, 0.2% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 12% | 11% |