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The differences between senior product consultants and lead consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a senior product consultant, becoming a lead consultant takes usually requires 4-6 years. Additionally, a senior product consultant has an average salary of $108,908, which is higher than the $103,221 average annual salary of a lead consultant.
The top three skills for a senior product consultant include project management, healthcare and product development. The most important skills for a lead consultant are customer service, digital transformation, and business process.
| Senior Product Consultant | Lead Consultant | |
| Yearly salary | $108,908 | $103,221 |
| Hourly rate | $52.36 | $49.63 |
| Growth rate | 10% | 9% |
| Number of jobs | 117,211 | 78,252 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 61% |
| Average age | 39 | 43 |
| Years of experience | 10 | 6 |
Senior product consultants analyze software and product objectives and customers' technical and business requirements to create an application design that meets the customers' requirements. They estimate the resources' quantity, quality, and time frames to complete various activities like developing a program incorporating each project variable. These professionals ensure the projects receive the appropriate company resources, allowing each project to get handled as per the plan. Senior product consultants also establish criteria relating to deliverables, maintenance, costs, design, and performance.
The lead consultants oversee the work of a consultant team and are responsible for offering clients their advice and recommendations on the given project. They are multi-focus experts that assist the company in improving its business performance by acting as liaisons between clients and the consultancy team. Their main job is to ensure the daily management of client's projects. They help the client identify and understand their needs together with finding solutions to their difficulties. Additionally, they analyze and review proposals from the team and then provide relevant solutions to the problems.
Senior product consultants and lead consultants have different pay scales, as shown below.
| Senior Product Consultant | Lead Consultant | |
| Average salary | $108,908 | $103,221 |
| Salary range | Between $82,000 And $143,000 | Between $80,000 And $132,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Alaska |
| Best paying company | Moody's | |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a senior product consultant and a lead consultant in terms of educational background:
| Senior Product Consultant | Lead Consultant | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between senior product consultants' and lead consultants' demographics:
| Senior Product Consultant | Lead Consultant | |
| Average age | 39 | 43 |
| Gender ratio | Male, 58.0% Female, 42.0% | Male, 67.9% Female, 32.1% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 9.9% Unknown, 5.0% Hispanic or Latino, 10.7% Asian, 19.5% White, 54.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 8% |