This question is about principal consultant salaries.
Yes, a principal consultant is higher than a manager. The difference between both is the scope and ownership of projects. A manager has a broad knowledge of processes and strategy. The manager organizes and directs collaborative project efforts. A principal consultant leads and manages a project, plus is responsible for the entire delivery.
There are six steps on the consulting career path:
Step 1: Business Analyst
Step 2: Junior consultant
Step 3: Senior consultant
Step 4: Manager
Step 5: Principal
Step 6: Partner
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