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The differences between performance 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 $69,327 average annual salary of a performance consultant.
The top three skills for a performance consultant include process improvement, customer service and healthcare. The most important skills for a principal consultant are cloud, business development, and C #.
| Performance Consultant | Principal Consultant | |
| Yearly salary | $69,327 | $116,478 |
| Hourly rate | $33.33 | $56.00 |
| Growth rate | 11% | 11% |
| Number of jobs | 67,272 | 143,753 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
Performance Consultants are individual contributors who help the company manage the business or employee performance. They have a proven track record of performance improvement based on client engagement. Performance Consultants review the data available to them, as provided by the company. Using these data, they look for patterns and trends that may help analyze the current performance. They would then analyze these patterns and trends so that they can provide recommendations to the company. Performance Consultants do not necessarily need to implement their recommendations. However, they usually guide the company throughout the implementation. They are also involved in the evaluation process.
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.
Performance consultants and principal consultants have different pay scales, as shown below.
| Performance Consultant | Principal Consultant | |
| Average salary | $69,327 | $116,478 |
| Salary range | Between $48,000 And $98,000 | Between $90,000 And $150,000 |
| Highest paying City | Salisbury, MD | San Francisco, CA |
| Highest paying state | Maryland | Oregon |
| Best paying company | Riverbed Holdings, Inc. | Pure Storage |
| Best paying industry | Professional | Finance |
There are a few differences between a performance consultant and a principal consultant in terms of educational background:
| Performance Consultant | Principal Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between performance consultants' and principal consultants' demographics:
| Performance Consultant | Principal Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.9% Female, 46.1% | Male, 75.8% Female, 24.2% |
| Race ratio | Black or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.2% Asian, 11.8% White, 65.7% 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% |