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The differences between risk control consultants and contractor/consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a contractor/consultant has an average salary of $84,811, which is higher than the $83,819 average annual salary of a risk control consultant.
The top three skills for a risk control consultant include loss control, workers compensation and commercial property. The most important skills for a contractor/consultant are healthcare, post implementation, and data analysis.
| Risk Control Consultant | Contractor/Consultant | |
| Yearly salary | $83,819 | $84,811 |
| Hourly rate | $40.30 | $40.77 |
| Growth rate | 6% | 11% |
| Number of jobs | 50,361 | 64,573 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 64% |
| Average age | 45 | 44 |
| Years of experience | 6 | - |
Typically working for insurance companies, a risk control consultant is in charge of performing assessments and inspections to ensure that operations and clients comply with the company's policies and regulations, including federal and state laws. Their responsibilities include gathering and analyzing data, participating in underwriting procedures, utilizing expertise in sharing insights and opinions, and implementing programs that promote loss control. Moreover, a risk control consultant must recommend risk management strategies while adhering to the company's vision and mission.
A contractor is a self-employed businessperson who agrees to work for a fixed price. His/her job involves the evaluation of clients' needs and actual performance of work. On the other hand, a consultant is a skilled independent businessperson who provides expert teaching and training in a specific market by assisting existing staff for the improvement of operations, problem-solving, and development of strategies. His/her role is to assess clients' needs and provide expert advice and opinion. However, both individuals are not employees, since they came from outside of the organization to perform such services.
Risk control consultants and contractor/consultants have different pay scales, as shown below.
| Risk Control Consultant | Contractor/Consultant | |
| Average salary | $83,819 | $84,811 |
| Salary range | Between $60,000 And $115,000 | Between $58,000 And $123,000 |
| Highest paying City | Jersey City, NJ | Boston, MA |
| Highest paying state | Alaska | New Jersey |
| Best paying company | WEC Energy Group | Cerner |
| Best paying industry | Insurance | Technology |
There are a few differences between a risk control consultant and a contractor/consultant in terms of educational background:
| Risk Control Consultant | Contractor/Consultant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 64% |
| Most common major | Accounting | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between risk control consultants' and contractor/consultants' demographics:
| Risk Control Consultant | Contractor/Consultant | |
| Average age | 45 | 44 |
| Gender ratio | Male, 72.5% Female, 27.5% | Male, 66.2% Female, 33.8% |
| Race ratio | Black or African American, 9.5% Unknown, 6.2% Hispanic or Latino, 14.8% Asian, 5.8% White, 62.4% American Indian and Alaska Native, 1.2% | 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 | 7% | 11% |