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The differences between commissions analysts and senior 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 senior analyst. Additionally, a senior analyst has an average salary of $84,799, 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 senior analyst are analytics, data analysis, and tableau.
| Commissions Analyst | Senior Analyst | |
| Yearly salary | $57,373 | $84,799 |
| Hourly rate | $27.58 | $40.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 66,303 | 159,807 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| 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.
A senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Commissions analysts and senior analysts have different pay scales, as shown below.
| Commissions Analyst | Senior Analyst | |
| Average salary | $57,373 | $84,799 |
| Salary range | Between $40,000 And $80,000 | Between $63,000 And $112,000 |
| Highest paying City | Freehold, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Technology | Finance |
There are a few differences between a commissions analyst and a senior analyst in terms of educational background:
| Commissions Analyst | Senior Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between commissions analysts' and senior analysts' demographics:
| Commissions Analyst | Senior Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 36.5% Female, 63.5% | Male, 61.8% Female, 38.2% |
| 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, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |