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The differences between industrial analysts and staff analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an industrial analyst and a staff analyst. Additionally, a staff analyst has an average salary of $99,158, which is higher than the $69,648 average annual salary of an industrial analyst.
The top three skills for an industrial analyst include macro, market research and quantitative analysis. The most important skills for a staff analyst are project management, process improvement, and technical support.
| Industrial Analyst | Staff Analyst | |
| Yearly salary | $69,648 | $99,158 |
| Hourly rate | $33.48 | $47.67 |
| Growth rate | 11% | 11% |
| Number of jobs | 72,280 | 174,178 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
An industrial analyst has access to the financial information of investors in order to give data-based recommendations that can boost the income of financial programs. Some of the tasks an industrial analyst does are preparing forecasts, developing models for the industrial scale, create segment taxonomies, and drawing graphs, tables, and spreadsheets based on gathered information from researches to come up with comparisons and more accurate forecasts. Normally, they work for research and consulting firms, but some also perform private consultation services.
Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.
Industrial analysts and staff analysts have different pay scales, as shown below.
| Industrial Analyst | Staff Analyst | |
| Average salary | $69,648 | $99,158 |
| Salary range | Between $46,000 And $105,000 | Between $71,000 And $136,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | The Citadel | Bayer |
| Best paying industry | Government | Technology |
There are a few differences between an industrial analyst and a staff analyst in terms of educational background:
| Industrial Analyst | Staff Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between industrial analysts' and staff analysts' demographics:
| Industrial Analyst | Staff Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.9% Female, 35.1% | Male, 47.6% Female, 52.4% |
| Race ratio | Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% | Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.1% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |