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The differences between commissions analysts and planning 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 a planning analyst. Additionally, a planning analyst has an average salary of $68,137, 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 planning analyst are project management, customer service, and data analysis.
| Commissions Analyst | Planning Analyst | |
| Yearly salary | $57,373 | $68,137 |
| Hourly rate | $27.58 | $32.76 |
| Growth rate | 11% | 11% |
| Number of jobs | 66,303 | 92,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| 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.
As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.
Commissions analysts and planning analysts have different pay scales, as shown below.
| Commissions Analyst | Planning Analyst | |
| Average salary | $57,373 | $68,137 |
| Salary range | Between $40,000 And $80,000 | Between $49,000 And $93,000 |
| Highest paying City | Freehold, NJ | Washington, DC |
| Highest paying state | New Jersey | Rhode Island |
| Best paying company | Meta | Meta |
| Best paying industry | Technology | Automotive |
There are a few differences between a commissions analyst and a planning analyst in terms of educational background:
| Commissions Analyst | Planning Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between commissions analysts' and planning analysts' demographics:
| Commissions Analyst | Planning Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.5% Female, 63.5% | Male, 53.4% Female, 46.6% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.6% White, 65.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |