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Senior contracts negotiator vs principal consultant

The differences between senior contracts negotiators 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 $67,342 average annual salary of a senior contracts negotiator.

The top three skills for a senior contracts negotiator include contract administration, proposal preparation and contract terms. The most important skills for a principal consultant are cloud, business development, and C #.

Senior contracts negotiator vs principal consultant overview

Senior Contracts NegotiatorPrincipal Consultant
Yearly salary$67,342$116,478
Hourly rate$32.38$56.00
Growth rate-6%11%
Number of jobs8,010143,753
Job satisfaction--
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 68%
Average age4444
Years of experience--

What does a senior contracts negotiator do?

A senior contracts negotiator takes responsibility for providing contract leadership between parties. Senior contracts negotiators see to it that the contract responsibilities agreed upon are compliant with both the policies of both parties. They investigate and define the problem areas, perform research, and prepare reports with recommended solutions. Their job requires them to coordinate and support all contract management aspects such as the preparation, management, and administration of contract negotiation proposals.

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.

Senior contracts negotiator vs principal consultant salary

Senior contracts negotiators and principal consultants have different pay scales, as shown below.

Senior Contracts NegotiatorPrincipal Consultant
Average salary$67,342$116,478
Salary rangeBetween $44,000 And $102,000Between $90,000 And $150,000
Highest paying City-San Francisco, CA
Highest paying state-Oregon
Best paying company-Pure Storage
Best paying industry-Finance

Differences between senior contracts negotiator and principal consultant education

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

Senior Contracts NegotiatorPrincipal Consultant
Most common degreeBachelor's Degree, 66%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaWestern Carolina University

Senior contracts negotiator vs principal consultant demographics

Here are the differences between senior contracts negotiators' and principal consultants' demographics:

Senior Contracts NegotiatorPrincipal Consultant
Average age4444
Gender ratioMale, 51.3% Female, 48.7%Male, 75.8% Female, 24.2%
Race ratioBlack 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 Percentage11%11%

Differences between senior contracts negotiator and principal consultant duties and responsibilities

Senior contracts negotiator example responsibilities.

  • Manage administrative support, handle payroll, develop company policies and procedures manual.
  • Develop spreadsheets and narrative support for cost proposals in compliance with the RFP.
  • Collaborate with business unit in responding to request-for-proposals (RFP) during renewals or for potential business.
  • Represent company in arbitration settlement negotiations that result in an agreement to obtain governmental approval for the sale of the business.
  • Prepare monthly and quarterly reconciliations.

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

Senior contracts negotiator vs principal consultant skills

Common senior contracts negotiator skills
  • Contract Administration, 11%
  • Proposal Preparation, 8%
  • Contract Terms, 6%
  • DOD, 6%
  • Service Agreements, 5%
  • ITAR, 5%
Common principal consultant skills
  • Cloud, 11%
  • Business Development, 10%
  • C #, 7%
  • Customer Satisfaction, 6%
  • Java, 5%
  • Project Management, 4%

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