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Commissions analyst vs compensation analyst

The differences between commissions analysts and compensation analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a commissions analyst, becoming a compensation analyst takes usually requires 4-6 years. Additionally, a compensation analyst has an average salary of $66,487, 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 a compensation analyst are HR, compensation programs, and HRIS.

Commissions analyst vs compensation analyst overview

Commissions AnalystCompensation Analyst
Yearly salary$57,373$66,487
Hourly rate$27.58$31.96
Growth rate11%7%
Number of jobs66,30319,344
Job satisfaction-5
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 73%
Average age4445
Years of experience46

What does a commissions analyst do?

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.

What does a compensation analyst do?

Compensation analysts are responsible for managing company compensation programs by evaluating and analyzing employees' salaries, assist the planning and development of a new and modified sales compensation plan, as well as managing sales compensation short-term incentive programs. The compensation programs are used to improve hiring and boost employee retention. These analysts are skilled and knowledgeable about managing labor costs, benefits structures, and compensation analysis to determine if the employees are fairly compensated.

Commissions analyst vs compensation analyst salary

Commissions analysts and compensation analysts have different pay scales, as shown below.

Commissions AnalystCompensation Analyst
Average salary$57,373$66,487
Salary rangeBetween $40,000 And $80,000Between $48,000 And $90,000
Highest paying CityFreehold, NJSacramento, CA
Highest paying stateNew JerseyWashington
Best paying companyMetaMeta
Best paying industryTechnologyTechnology

Differences between commissions analyst and compensation analyst education

There are a few differences between a commissions analyst and a compensation analyst in terms of educational background:

Commissions AnalystCompensation Analyst
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Pennsylvania

Commissions analyst vs compensation analyst demographics

Here are the differences between commissions analysts' and compensation analysts' demographics:

Commissions AnalystCompensation Analyst
Average age4445
Gender ratioMale, 36.5% Female, 63.5%Male, 36.2% Female, 63.8%
Race ratioBlack 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, 10.5% Unknown, 3.9% Hispanic or Latino, 15.0% Asian, 7.7% White, 62.3% American Indian and Alaska Native, 0.5%
LGBT Percentage12%9%

Differences between commissions analyst and compensation analyst duties and responsibilities

Commissions analyst example responsibilities.

  • Manage analysis and settlement of treasury activity for all markets.
  • Utilize the Salesforce tool in order to research commission data that has been provide by the sales team.
  • Coordinate, prepare, and analyze documents for SOX requirements and audits.
  • Review CRM database for out of date sales opportunities, missing part information or client updates.
  • Run analysis (SQL reports, excel) to compare variance at the time of termination.
  • Researched/Compare billing system (CSG) to sales software (SalesForce) and contracts for confirmation of commission earn.
  • Show more

Compensation analyst example responsibilities.

  • Manage vendor relationships with fiscal oversight, and ongoing cost management.
  • Manage long-term incentive plan administration including SARP and stock option granting programs (LTI).
  • Create and manage communication materials via PowerPoint publish to sales organization.
  • Report and manage company healthcare budget and direct all vendor relationships.
  • Manage special projects, develop senior level presentations and handle communications on behalf of SVP
  • Provide oversight of sales compensation short-term incentive programs.
  • Show more

Commissions analyst vs compensation analyst skills

Common commissions analyst skills
  • Calculation, 10%
  • Payroll, 9%
  • Salesforce, 9%
  • HR, 6%
  • Pivot Tables, 5%
  • Reconciliations, 4%
Common compensation analyst skills
  • HR, 12%
  • Compensation Programs, 7%
  • HRIS, 6%
  • PowerPoint, 5%
  • Data Analysis, 5%
  • Customer Service, 4%

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