What Does a Contractor/Consultant Do?

We looked at the average contractor/consultant annual salary and compared it with the average of an analyst. Generally speaking, analysts receive $11,804 lower pay than contractor/consultants per year.

Even though contractor/consultants and analysts have vast differences in their careers, a few of the skills required to do both jobs are similar. For example, both careers require data analysis, project management, and financial statements in the day-to-day roles.

These skill sets are where the common ground ends though. A contractor/consultant responsibility is more likely to require skills like "healthcare," "post implementation," "medicare," and "opportunity analysis." Whereas a analyst requires skills like "customer service," "strong analytical," "digital transformation," and "data entry." Just by understanding these different skills you can see how different these careers are.

Analysts tend to make the most money in the technology industry by averaging a salary of $79,330. In contrast, contractor/consultants make the biggest average salary of $88,122 in the technology industry.

The education levels that analysts earn is a bit different than that of contractor/consultants. In particular, analysts are 3.7% less likely to graduate with a Master's Degree than a contractor/consultant. Additionally, they're 1.8% less likely to earn a Doctoral Degree.

The next role we're going to look at is the business advisor profession. Typically, this position earns a higher pay. In fact, they earn a $11,658 higher salary than contractor/consultants per year.

A similarity between the two careers of contractor/consultants and business advisors are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "healthcare," "project management," and "financial statements. "

In addition to the difference in salary, there are some other key differences that are worth noting. For example, contractor/consultant responsibilities are more likely to require skills like "post implementation," "data analysis," "medicaid," and "collective bargaining." Meanwhile, a business advisor might be skilled in areas such as "customer service," "business operations," "strong analytical," and "human resources." These differences highlight just how different the day-to-day in each role looks.

It's been discovered that business advisors earn higher salaries compared to contractor/consultants, but we wanted to find out where business advisors earned the most pay. The answer? The technology industry. The average salary in the industry is $92,206. Additionally, contractor/consultants earn the highest paychecks in the technology with an average salary of $88,122.

On the topic of education, business advisors earn similar levels of education than contractor/consultants. In general, they're 0.4% more likely to graduate with a Master's Degree and 1.8% less likely to earn a Doctoral Degree.

The third profession we take a look at is operations specialist. On an average scale, these workers bring in lower salaries than contractor/consultants. In fact, they make a $30,059 lower salary per year.

By looking over several contractor/consultants and operations specialists resumes, we found that both roles utilize similar skills, such as "data analysis," "hr," and "process improvement." But beyond that the careers look very different.

Some important key differences between the two careers are a few of the skills necessary to fulfill responsibilities. Some examples from contractor/consultant resumes include skills like "healthcare," "post implementation," "project management," and "financial statements," whereas an operations specialist might be skilled in "customer service," "logistics," "basic math," and "powerpoint. "

Operations specialists make a very good living in the government industry with an average annual salary of $65,446. Whereas contractor/consultants are paid the highest salary in the technology industry with the average being $88,122.

When it comes to education, operations specialists tend to earn lower education levels than contractor/consultants. In fact, they're 9.7% less likely to earn a Master's Degree, and 2.8% less likely to graduate with a Doctoral Degree.

Now, we'll look at senior consultants, information technology, who generally average a higher pay when compared to contractor/consultants annual salary. In fact, the difference is about $25,327 per year.

While their salaries may vary, contractor/consultants and senior consultants, information technology both use similar skills to perform their jobs. Resumes from both professions include skills like "healthcare," "data analysis," and "project management. "

While some skills are shared by these professions, there are some differences to note. "post implementation," "financial statements," "medicaid," and "financial analysis" are skills that have shown up on contractor/consultants resumes. Additionally, senior consultant, information technology uses skills like architecture, client facing, shared services, and cloud on their resumes.

Now, let's take a closer look at the financials in each career. The finance industry tends to pay more for senior consultants, information technology with an average of $117,869. While the highest contractor/consultant annual salary comes from the technology industry.

The average resume of senior consultants, information technology showed that they earn similar levels of education to contractor/consultants. So much so that the likelihood of them earning a Master's Degree is 4.9% more. Additionally, they're less likely to earn a Doctoral Degree by 1.8%.