What Does a Principal Consultant Do?

In this section, we take a look at the annual salaries of other professions. Take senior consultant, information technology for example. On average, the senior consultants, information technology annual salary is $6,340 lower than what principal consultants make on average every year.

While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both principal consultants and senior consultants, information technology positions are skilled in cloud, business development, and c #.

As far as similarities go, this is where it ends because a principal consultant responsibility requires skills such as "customer satisfaction," "solution design," "analytics," and "infrastructure." Whereas a senior consultant, information technology is skilled in "visio," "san," "strong analytical," and "technical support." So if you're looking for what truly separates the two careers, you've found it.

Senior consultants, information technology tend to make the most money in the finance industry by averaging a salary of $117,869. In contrast, principal consultants make the biggest average salary of $119,120 in the finance industry.

The education levels that senior consultants, information technology earn is a bit different than that of principal consultants. In particular, senior consultants, information technology are 2.1% less likely to graduate with a Master's Degree than a principal consultant. Additionally, they're 0.9% less likely to earn a Doctoral Degree.

Next up, we have the consultant/project manager profession to look over. This career brings along a lower average salary when compared to a principal consultant annual salary. In fact, consultant/project managers salary difference is $15,724 lower than the salary of principal consultants per year.

A similarity between the two careers of principal consultants and consultant/project managers are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "business development," "customer satisfaction," and "project management. "

While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that principal consultant responsibilities requires skills like "cloud," "c #," "java," and "solution design." But a consultant/project manager might use skills, such as, "project scope," "executive management," "cash flow," and "strong analytical."

Consultant/project managers may earn a lower salary than principal consultants, but consultant/project managers earn the most pay in the technology industry with an average salary of $107,463. On the other side of things, principal consultants receive higher paychecks in the finance industry where they earn an average of $119,120.

In general, consultant/project managers study at similar levels of education than principal consultants. They're 4.3% less likely to obtain a Master's Degree while being 0.9% less likely to earn a Doctoral Degree.

The consultant/team lead profession generally makes a lower amount of money when compared to the average salary of principal consultants. The difference in salaries is consultants/team lead making $19,427 lower than principal consultants.

While looking through the resumes of several principal consultants and consultants/team lead we discovered that both professions have similar skills. These similarities include skills such as "c #," "project management," and "erp," but they differ when it comes to other required skills.

As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from principal consultants resumes, they are more likely to have skills like "cloud," "business development," "customer satisfaction," and "java." But a consultant/team lead might have skills like "customer service," "product knowledge," "liaising," and "css."

Additionally, consultants/team lead earn a higher salary in the finance industry compared to other industries. In this industry, they receive an average salary of $112,433. Additionally, principal consultants earn an average salary of $119,120 in the finance industry.

When it comes to education, consultants/team lead tend to earn similar education levels than principal consultants. In fact, they're 4.5% less likely to earn a Master's Degree, and 0.5% less likely to graduate with a Doctoral Degree.

Senior management consultants tend to earn a higher pay than principal consultants by about $11,781 per year.

According to resumes from both principal consultants and senior management consultants, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "business development," "java," and "project management. "

Each job requires different skills like "cloud," "c #," "customer satisfaction," and "solution design," which might show up on a principal consultant resume. Whereas senior management consultant might include skills like "portfolio," "project scope," "sr," and "subject matter expertise."

Senior management consultants earn a higher salary in the technology industry with an average of $135,771. Whereas, principal consultants earn the highest salary in the finance industry.

Senior management consultants reach similar levels of education when compared to principal consultants. The difference is that they're 0.3% more likely to earn a Master's Degree less, and 0.3% less likely to graduate with a Doctoral Degree.