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The differences between performance analysts and pricing analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a performance analyst, becoming a pricing analyst takes usually requires 4-6 years. Additionally, a performance analyst has an average salary of $76,906, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a performance analyst include data analysis, powerpoint and visualization. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Performance Analyst | Pricing Analyst | |
| Yearly salary | $76,906 | $64,168 |
| Hourly rate | $36.97 | $30.85 |
| Growth rate | 11% | 19% |
| Number of jobs | 70,065 | 73,462 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
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.
Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending. They conduct impact and mathematical analyses, and large-scale research to come up with their conclusions. Other duties and responsibilities include developing revenue forecasts and statistical models, monitoring industry trends, and developing pricing tools that can quickly respond to the rapidly changing market trends and needs.
Performance analysts and pricing analysts have different pay scales, as shown below.
| Performance Analyst | Pricing Analyst | |
| Average salary | $76,906 | $64,168 |
| Salary range | Between $57,000 And $102,000 | Between $46,000 And $89,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Maryland | Washington |
| Best paying company | Meta | Apple |
| Best paying industry | Finance | Finance |
There are a few differences between a performance analyst and a pricing analyst in terms of educational background:
| Performance Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between performance analysts' and pricing analysts' demographics:
| Performance Analyst | Pricing Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 53.3% Female, 46.7% |
| 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, 5.0% Unknown, 5.0% Hispanic or Latino, 12.0% Asian, 13.0% White, 64.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |