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The differences between planning analysts and 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 planning analyst and an analyst. Additionally, an analyst has an average salary of $73,007, which is higher than the $68,137 average annual salary of a planning analyst.
The top three skills for a planning analyst include project management, customer service and data analysis. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Planning Analyst | Analyst | |
| Yearly salary | $68,137 | $73,007 |
| Hourly rate | $32.76 | $35.10 |
| Growth rate | 11% | 11% |
| Number of jobs | 92,380 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Planning analysts and analysts have different pay scales, as shown below.
| Planning Analyst | Analyst | |
| Average salary | $68,137 | $73,007 |
| Salary range | Between $49,000 And $93,000 | Between $53,000 And $99,000 |
| Highest paying City | Washington, DC | Jersey City, NJ |
| Highest paying state | Rhode Island | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Automotive | Technology |
There are a few differences between a planning analyst and an analyst in terms of educational background:
| Planning Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between planning analysts' and analysts' demographics:
| Planning Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.4% Female, 46.6% | Male, 52.4% Female, 47.6% |
| Race ratio | 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% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |