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Principal vs principal consultant

The differences between principals 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 $111,719 average annual salary of a principal.

The top three skills for a principal include CRM, project management and financial services. The most important skills for a principal consultant are cloud, business development, and C #.

Principal vs principal consultant overview

PrincipalPrincipal Consultant
Yearly salary$111,719$116,478
Hourly rate$53.71$56.00
Growth rate5%11%
Number of jobs84,015143,753
Job satisfaction--
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 68%
Average age4744
Years of experience4-

What does a principal do?

A principal is responsible for maintaining the orderliness of the school premises and supervising school operations, enforcing strict safety standards, and reiterating regulatory procedures. Principals' duties also include managing and monitoring school budget and expenses, improving security plans, conducting regular meetings and sharing updates with teachers and other school personnel, creating reports for school funding, and setting academic goals for everyone's compliance. A principal must administer excellent leadership, communication, and decision-making skills to handle major administrative tasks in maintaining the school's growth.

What does a principal consultant do?

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.

Principal vs principal consultant salary

Principals and principal consultants have different pay scales, as shown below.

PrincipalPrincipal Consultant
Average salary$111,719$116,478
Salary rangeBetween $69,000 And $179,000Between $90,000 And $150,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkOregon
Best paying companyKKR & Co. L.P.Pure Storage
Best paying industryProfessionalFinance

Differences between principal and principal consultant education

There are a few differences between a principal and a principal consultant in terms of educational background:

PrincipalPrincipal Consultant
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Principal vs principal consultant demographics

Here are the differences between principals' and principal consultants' demographics:

PrincipalPrincipal Consultant
Average age4744
Gender ratioMale, 65.6% Female, 34.4%Male, 75.8% Female, 24.2%
Race ratioBlack or African American, 10.9% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7%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 Percentage16%11%

Differences between principal and principal consultant duties and responsibilities

Principal example responsibilities.

  • Manage all documentation associate with FMLA, ADA, & DOL requests.
  • Develop schedules, payroll, and manage recruiting, hiring and company standards to ensure customer satisfaction.
  • Launch, continue to manage, and act as primary portfolio manager and trader for boutique investment consulting firm.
  • Manage the RFP process for a new medical plan TPA delivering a savings of almost $1MM in fix costs.
  • Achieve 7-digit annual revenues from start-up in one year by capitalizing on accurate niche market gap and consumer demand identification.
  • Manage all human resource matters, including payroll and benefits administration.
  • Show more

Principal consultant example responsibilities.

  • Manage project risks and issues throughout the SDLC phases, report project/program statuses to steering committee along with financial information.
  • Provide PMO office support including improving governance processes to achieve expect results.
  • Manage numerous engagements that are either custom development or package software (ERP) implementations and integration.
  • Project leadership, strategy and health information management consulting services to healthcare and manage care organizations and health information technology companies.
  • Design database and business objects using XML schema.
  • Create XMLType view to generate xml output from a SQL query.
  • Show more

Principal vs principal consultant skills

Common principal skills
  • CRM, 7%
  • Project Management, 7%
  • Financial Services, 6%
  • Healthcare, 6%
  • Professional Services, 5%
  • ERP, 5%
Common principal consultant skills
  • Cloud, 11%
  • Business Development, 10%
  • C #, 7%
  • Customer Satisfaction, 6%
  • Java, 5%
  • Project Management, 4%

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