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The differences between senior advisors and contractor/consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior advisor has an average salary of $119,558, which is higher than the $84,811 average annual salary of a contractor/consultant.
The top three skills for a senior advisor include healthcare, project management and risk management. The most important skills for a contractor/consultant are healthcare, post implementation, and data analysis.
| Senior Advisor | Contractor/Consultant | |
| Yearly salary | $119,558 | $84,811 |
| Hourly rate | $57.48 | $40.77 |
| Growth rate | 10% | 11% |
| Number of jobs | 45,673 | 64,573 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 64% |
| Average age | 44 | 44 |
| Years of experience | - | - |
A senior advisor's responsibilities will vary on the type of industry where one is involved. However, most of it will revolve around sharing extensive expertise and knowledge that is vital in a company's decision-making processes. A senior advisor must also conduct research and analysis, inspect issues, implement policies, and devise strategies that will benefit the company. Furthermore, as a senior advisor, they may have the task of mentoring less experienced professionals in their joint effort to bring more profit and significant results to the company.
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.
Senior advisors and contractor/consultants have different pay scales, as shown below.
| Senior Advisor | Contractor/Consultant | |
| Average salary | $119,558 | $84,811 |
| Salary range | Between $87,000 And $162,000 | Between $58,000 And $123,000 |
| Highest paying City | Richmond, CA | Boston, MA |
| Highest paying state | California | New Jersey |
| Best paying company | Kirkland & Ellis | Cerner |
| Best paying industry | Professional | Technology |
There are a few differences between a senior advisor and a contractor/consultant in terms of educational background:
| Senior Advisor | Contractor/Consultant | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between senior advisors' and contractor/consultants' demographics:
| Senior Advisor | Contractor/Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 66.2% Female, 33.8% |
| Race ratio | 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% | 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 | 11% | 11% |