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The differences between executive consultants and consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an executive consultant, becoming a consultant takes usually requires 2-4 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $78,912 average annual salary of a consultant.
The top three skills for an executive consultant include healthcare, business development and financial services. The most important skills for a consultant are customer service, strong analytical, and project management.
| Executive Consultant | Consultant | |
| Yearly salary | $131,331 | $78,912 |
| Hourly rate | $63.14 | $37.94 |
| Growth rate | 10% | 11% |
| Number of jobs | 118,432 | 171,733 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.
Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.
Executive consultants and consultants have different pay scales, as shown below.
| Executive Consultant | Consultant | |
| Average salary | $131,331 | $78,912 |
| Salary range | Between $90,000 And $190,000 | Between $58,000 And $107,000 |
| Highest paying City | South San Francisco, CA | Washington, DC |
| Highest paying state | Washington | New Jersey |
| Best paying company | Mayo Clinic | L.E.K. Consulting |
| Best paying industry | Technology | Technology |
There are a few differences between an executive consultant and a consultant in terms of educational background:
| Executive Consultant | Consultant | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between executive consultants' and consultants' demographics:
| Executive Consultant | Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 67.2% Female, 32.8% | Male, 58.4% Female, 41.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |