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The differences between performance consultants and strategy consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a performance consultant and a strategy consultant. Additionally, a strategy consultant has an average salary of $115,244, 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 strategy consultant are healthcare, project management, and develop recommendations.
| Performance Consultant | Strategy Consultant | |
| Yearly salary | $69,327 | $115,244 |
| Hourly rate | $33.33 | $55.41 |
| Growth rate | 11% | 11% |
| Number of jobs | 67,272 | 70,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 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 strategy consultant specializes in examining and analyzing business processes to identify areas needing improvement, ensuring to provide strategies for optimal performance. A strategy consultant may work as a member of a company or as a freelancer. Typically, their responsibilities revolve around discussing business vision and goals with clients, assessing the workflow and the workforce of a company, observing competitors, identifying risks, and recommending strategies for profitable growth and customer satisfaction. Furthermore, as a strategy consultant, it is essential to adhere to the company's vision and mission throughout the process.
Performance consultants and strategy consultants have different pay scales, as shown below.
| Performance Consultant | Strategy Consultant | |
| Average salary | $69,327 | $115,244 |
| Salary range | Between $48,000 And $98,000 | Between $87,000 And $151,000 |
| Highest paying City | Salisbury, MD | San Francisco, CA |
| Highest paying state | Maryland | Alaska |
| Best paying company | Riverbed Holdings, Inc. | Mayo Clinic |
| Best paying industry | Professional | Finance |
There are a few differences between a performance consultant and a strategy consultant in terms of educational background:
| Performance Consultant | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between performance consultants' and strategy consultants' demographics:
| Performance Consultant | Strategy Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.9% Female, 46.1% | Male, 63.1% Female, 36.9% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |