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The differences between commissions analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a commissions analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $57,373 average annual salary of a commissions analyst.
The top three skills for a commissions analyst include calculation, payroll and salesforce. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Commissions Analyst | Analyst | |
| Yearly salary | $57,373 | $73,007 |
| Hourly rate | $27.58 | $35.10 |
| Growth rate | 11% | 11% |
| Number of jobs | 66,303 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A commission analyst is responsible for reviewing financial information and reviewing account statements to post accurate updates on the company's database. Commission analysts assess financial and business transactions, write cost analysis reports, and perform account reconciliation procedures. They also resolve billing discrepancies and identify opportunities to minimize financial loss and increase revenues. A commission analyst must have excellent communication and analytical skills, as well as extensive knowledge of the financial industry, verifying the accuracy of account information, and validating commission reports.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Commissions analysts and analysts have different pay scales, as shown below.
| Commissions Analyst | Analyst | |
| Average salary | $57,373 | $73,007 |
| Salary range | Between $40,000 And $80,000 | Between $53,000 And $99,000 |
| Highest paying City | Freehold, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Technology | Technology |
There are a few differences between a commissions analyst and an analyst in terms of educational background:
| Commissions Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between commissions analysts' and analysts' demographics:
| Commissions Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.5% Female, 63.5% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.3% Asian, 11.7% White, 65.7% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |