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The differences between research consultants and senior research analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a research consultant and a senior research analyst. Additionally, a research consultant has an average salary of $83,492, which is higher than the $75,056 average annual salary of a senior research analyst.
The top three skills for a research consultant include data collection, medicaid and business development. The most important skills for a senior research analyst are analytics, data analysis, and data collection.
| Research Consultant | Senior Research Analyst | |
| Yearly salary | $83,492 | $75,056 |
| Hourly rate | $40.14 | $36.08 |
| Growth rate | 19% | 19% |
| Number of jobs | 61,865 | 71,891 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A research consultant is an individual who is responsible for collecting and analyzing multiple types of data across a variety of formats and present research reports for research and analytics companies, public institutions, and private businesses. Research consultants are required to design research strategies to complete the needs of research projects as well as create a basic plan of action for finding data. They may use online resources, phone surveys, and other data-collection methods to find and collect data. Research consultants must also assign investigative teams to verify and double-check the collected data.
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Research consultants and senior research analysts have different pay scales, as shown below.
| Research Consultant | Senior Research Analyst | |
| Average salary | $83,492 | $75,056 |
| Salary range | Between $60,000 And $115,000 | Between $57,000 And $98,000 |
| Highest paying City | New York, NY | Olympia, WA |
| Highest paying state | New York | Washington |
| Best paying company | Microsoft | JPMorgan Chase & Co. |
| Best paying industry | Education | Finance |
There are a few differences between a research consultant and a senior research analyst in terms of educational background:
| Research Consultant | Senior Research Analyst | |
| Most common degree | Bachelor's Degree, 61% | Bachelor's Degree, 68% |
| Most common major | Psychology | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between research consultants' and senior research analysts' demographics:
| Research Consultant | Senior Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 48.2% Female, 51.8% | Male, 54.1% Female, 45.9% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.1% Asian, 14.0% White, 65.1% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |