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The differences between control analysts and performance 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 control analyst and a performance analyst. Additionally, a performance analyst has an average salary of $76,906, which is higher than the $69,598 average annual salary of a control analyst.
The top three skills for a control analyst include internal controls, risk assessments and SOX. The most important skills for a performance analyst are data analysis, powerpoint, and visualization.
| Control Analyst | Performance Analyst | |
| Yearly salary | $69,598 | $76,906 |
| Hourly rate | $33.46 | $36.97 |
| Growth rate | 11% | 11% |
| Number of jobs | 133,321 | 70,065 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.
The duties of a performance analyst depend on one's place or industry employment. Typically, it is their responsibility to evaluate the performance of different systems within a company and review its financial history and activities. They must conduct extensive research and analysis, report findings, and provide advice on improving areas of concern. They may also assess the performances of employees and recommend additional forms of training if necessary. Furthermore, it is essential to adhere to all the policies and regulations of the company.
Control analysts and performance analysts have different pay scales, as shown below.
| Control Analyst | Performance Analyst | |
| Average salary | $69,598 | $76,906 |
| Salary range | Between $50,000 And $95,000 | Between $57,000 And $102,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | Washington | Maryland |
| Best paying company | Meta | Meta |
| Best paying industry | Energy | Finance |
There are a few differences between a control analyst and a performance analyst in terms of educational background:
| Control Analyst | Performance Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between control analysts' and performance analysts' demographics:
| Control Analyst | Performance Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.9% Female, 48.1% | Male, 59.9% Female, 40.1% |
| Race ratio | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 11.7% White, 66.3% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |