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The differences between development research analysts and senior research analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a development research analyst and a senior research analyst. Additionally, a senior research analyst has an average salary of $75,056, which is higher than the $70,829 average annual salary of a development research analyst.
The top three skills for a development research analyst include data analysis, SQL and R. The most important skills for a senior research analyst are analytics, data analysis, and data collection.
| Development Research Analyst | Senior Research Analyst | |
| Yearly salary | $70,829 | $75,056 |
| Hourly rate | $34.05 | $36.08 |
| Growth rate | 19% | 19% |
| Number of jobs | 105,962 | 71,891 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A development research analyst specializes in conducting research and analyses to help companies in making decisions or finding solutions against problem areas. As a development research analyst, it is their duty to understand and identify the project or the clients' needs, gather and analyze data from different sources, conduct interviews and surveys, perform assessments, and utilize the research findings to develop conclusions and recommendations. Moreover, a development research analyst usually works in a team setting, which requires an open communication line for successful outcomes.
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Development research analysts and senior research analysts have different pay scales, as shown below.
| Development Research Analyst | Senior Research Analyst | |
| Average salary | $70,829 | $75,056 |
| Salary range | Between $46,000 And $106,000 | Between $57,000 And $98,000 |
| Highest paying City | New York, NY | Olympia, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | T.D. Williamson | JPMorgan Chase & Co. |
| Best paying industry | Technology | Finance |
There are a few differences between a development research analyst and a senior research analyst in terms of educational background:
| Development Research Analyst | Senior Research Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between development research analysts' and senior research analysts' demographics:
| Development Research Analyst | Senior Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 50.8% Female, 49.2% | Male, 54.1% Female, 45.9% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.4% Asian, 14.4% White, 64.4% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |