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The differences between executives and executive consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an executive, becoming an executive consultant takes usually requires 8-10 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $108,285 average annual salary of an executive.
The top three skills for an executive include customer service, digital transformation and healthcare. The most important skills for an executive consultant are healthcare, business development, and financial services.
| Executive | Executive Consultant | |
| Yearly salary | $108,285 | $131,331 |
| Hourly rate | $52.06 | $63.14 |
| Growth rate | 6% | 10% |
| Number of jobs | 83,869 | 118,432 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Average age | 52 | 39 |
| Years of experience | - | 10 |
An Executive's responsibilities vary depending on an organization or company. However, most of the time, it involves a great deal of leadership and communication. An Executive must oversee and direct employees towards particular sets of goals and vision, create strategies and plans that will benefit the company's financial gains and workforce, and as well as evaluate and analyze the progress of various company departments. Moreover, an Executive holds the power of decision-making, such as in the aspects of budget, promotions, and policies.
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.
Executives and executive consultants have different pay scales, as shown below.
| Executive | Executive Consultant | |
| Average salary | $108,285 | $131,331 |
| Salary range | Between $63,000 And $184,000 | Between $90,000 And $190,000 |
| Highest paying City | Providence, RI | South San Francisco, CA |
| Highest paying state | Rhode Island | Washington |
| Best paying company | Capgemini | Mayo Clinic |
| Best paying industry | - | Technology |
There are a few differences between an executive and an executive consultant in terms of educational background:
| Executive | Executive Consultant | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between executives' and executive consultants' demographics:
| Executive | Executive Consultant | |
| Average age | 52 | 39 |
| Gender ratio | Male, 56.0% Female, 44.0% | Male, 67.2% Female, 32.8% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 12% | 10% |