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The differences between commissions analysts and associate 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 associate analyst. Additionally, an associate analyst has an average salary of $68,161, 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 associate analyst are customer service, powerpoint, and data analysis.
| Commissions Analyst | Associate Analyst | |
| Yearly salary | $57,373 | $68,161 |
| Hourly rate | $27.58 | $32.77 |
| Growth rate | 11% | 9% |
| Number of jobs | 66,303 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Average age | 44 | 40 |
| 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.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Commissions analysts and associate analysts have different pay scales, as shown below.
| Commissions Analyst | Associate Analyst | |
| Average salary | $57,373 | $68,161 |
| Salary range | Between $40,000 And $80,000 | Between $47,000 And $98,000 |
| Highest paying City | Freehold, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Meta | Apollo Global Management |
| Best paying industry | Technology | Finance |
There are a few differences between a commissions analyst and an associate analyst in terms of educational background:
| Commissions Analyst | Associate Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between commissions analysts' and associate analysts' demographics:
| Commissions Analyst | Associate Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 36.5% Female, 63.5% | Male, 52.3% Female, 47.7% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |