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The differences between analytical laboratory analysts and research analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an analytical laboratory analyst, becoming a research analyst takes usually requires 4-6 years. Additionally, an analytical laboratory analyst has an average salary of $73,744, which is higher than the $70,232 average annual salary of a research analyst.
The top three skills for an analytical laboratory analyst include tableau, SAS and python. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Analytical Laboratory Analyst | Research Analyst | |
| Yearly salary | $73,744 | $70,232 |
| Hourly rate | $35.45 | $33.77 |
| Growth rate | 11% | 19% |
| Number of jobs | 105,762 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
An analytical laboratory analyst's role is to gather and analyze samples, ensuring accuracy and timeliness. They are primarily responsible for preparing and handling apparatus, operating devices and machines, performing experiments and research, and coordinating with other scientists. It is also important to record data and results, develop optimal practices, handle issues and concerns, and perform corrective measures. Furthermore, an analytical laboratory analyst must implement all laboratory rules and regulations to ensure a safe and healthy work environment for everyone.
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Analytical laboratory analysts and research analysts have different pay scales, as shown below.
| Analytical Laboratory Analyst | Research Analyst | |
| Average salary | $73,744 | $70,232 |
| Salary range | Between $53,000 And $102,000 | Between $45,000 And $107,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between an analytical laboratory analyst and a research analyst in terms of educational background:
| Analytical Laboratory Analyst | Research Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Finance | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between analytical laboratory analysts' and research analysts' demographics:
| Analytical Laboratory Analyst | Research Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 62.5% Female, 37.5% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |