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The differences between policy advisors and business advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a policy advisor has an average salary of $98,220, which is higher than the $96,469 average annual salary of a business advisor.
The top three skills for a policy advisor include public policy, policy issues and policy development. The most important skills for a business advisor are customer service, project management, and business operations.
| Policy Advisor | Business Advisor | |
| Yearly salary | $98,220 | $96,469 |
| Hourly rate | $47.22 | $46.38 |
| Growth rate | 11% | 6% |
| Number of jobs | 39,659 | 125,154 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | - | - |
Policy advisors are professionals who are involved in activities related to policymaking while communicating with policy analysts about various issues. These advisors must assist policy analysts in creating policies and look at ways to implement them after they have been approved by upper management or government officials. They must analyze international and foreign policy issues so that they can devise effective advocacy and program strategies. Policy advisors must also attend congressional hearings to propose regulations and changes to existing regulations.
Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.
Policy advisors and business advisors have different pay scales, as shown below.
| Policy Advisor | Business Advisor | |
| Average salary | $98,220 | $96,469 |
| Salary range | Between $67,000 And $141,000 | Between $67,000 And $138,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | NAIC | Amazon |
| Best paying industry | Government | Technology |
There are a few differences between a policy advisor and a business advisor in terms of educational background:
| Policy Advisor | Business Advisor | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 67% |
| Most common major | Political Science | Business |
| Most common college | University of Southern California | Western Carolina University |
Here are the differences between policy advisors' and business advisors' demographics:
| Policy Advisor | Business Advisor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.7% Female, 40.3% | Male, 63.9% Female, 36.1% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |