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The differences between personal bankers and personal shoppers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a personal banker has an average salary of $37,639, which is higher than the $32,875 average annual salary of a personal shopper.
The top three skills for a personal banker include customer relationships, cross-sell and customer satisfaction. The most important skills for a personal shopper are cleanliness, product knowledge, and POS.
| Personal Banker | Personal Shopper | |
| Yearly salary | $37,639 | $32,875 |
| Hourly rate | $18.10 | $15.81 |
| Growth rate | 10% | - |
| Number of jobs | 36,603 | 357,097 |
| Job satisfaction | 3 | 4.5 |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 46% |
| Average age | 43 | 40 |
| Years of experience | 4 | - |
A personal banker is responsible for managing the customers' financial records and assisting them in various banking transactions. Personal bankers' duties also include handling customers' inquiries for financial plans, understanding the banking and financial industry principles, processing applications, verifying account details, and offering bank products based on the customers' needs. A personal banker must have excellent customer service and communication skills, providing the best options for the customers, and helping them achieve their financial goals.
A personal shopper helps customers get the best possible purchases. Primarily, personal shoppers help others shop through suggestions and advice. The shoppers are typically employed by boutiques and stores, though some exclusively work online or as a freelancer. They help through phone calls, in-person, email, or live chat. They even process shopping orders, their deliveries, and their returns. Personal shoppers are expected to develop listening, customer service, attention to detail, and communication skills.
Personal bankers and personal shoppers have different pay scales, as shown below.
| Personal Banker | Personal Shopper | |
| Average salary | $37,639 | $32,875 |
| Salary range | Between $29,000 And $48,000 | Between $21,000 And $50,000 |
| Highest paying City | New York, NY | Linden, NJ |
| Highest paying state | New York | California |
| Best paying company | Northern Trust | Shipt |
| Best paying industry | Finance | Start-up |
There are a few differences between a personal banker and a personal shopper in terms of educational background:
| Personal Banker | Personal Shopper | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 46% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between personal bankers' and personal shoppers' demographics:
| Personal Banker | Personal Shopper | |
| Average age | 43 | 40 |
| Gender ratio | Male, 44.6% Female, 55.4% | Male, 23.9% Female, 76.1% |
| Race ratio | Black or African American, 5.4% Unknown, 4.1% Hispanic or Latino, 11.2% Asian, 12.2% White, 66.8% American Indian and Alaska Native, 0.2% | Black or African American, 10.5% Unknown, 5.2% Hispanic or Latino, 15.9% Asian, 5.8% White, 62.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 6% | 8% |