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The differences between performance 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 performance analyst and a planning analyst. Additionally, a performance analyst has an average salary of $76,906, which is higher than the $68,137 average annual salary of a planning analyst.
The top three skills for a performance analyst include data analysis, powerpoint and visualization. The most important skills for a planning analyst are project management, customer service, and data analysis.
| Performance Analyst | Planning Analyst | |
| Yearly salary | $76,906 | $68,137 |
| Hourly rate | $36.97 | $32.76 |
| Growth rate | 11% | 11% |
| Number of jobs | 70,065 | 92,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
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.
Performance analysts and planning analysts have different pay scales, as shown below.
| Performance Analyst | Planning Analyst | |
| Average salary | $76,906 | $68,137 |
| Salary range | Between $57,000 And $102,000 | Between $49,000 And $93,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Maryland | Rhode Island |
| Best paying company | Meta | Meta |
| Best paying industry | Finance | Automotive |
There are a few differences between a performance analyst and a planning analyst in terms of educational background:
| Performance Analyst | Planning Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between performance analysts' and planning analysts' demographics:
| Performance Analyst | Planning Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 53.4% Female, 46.6% |
| Race ratio | 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% | 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% |