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The differences between pricing coordinators and management trainees can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a pricing coordinator and a management trainee. Additionally, a management trainee has an average salary of $48,477, which is higher than the $39,845 average annual salary of a pricing coordinator.
The top three skills for a pricing coordinator include quality customer service, sales floor and responsive customer service. The most important skills for a management trainee are enterprise management, management training, and customer service.
| Pricing Coordinator | Management Trainee | |
| Yearly salary | $39,845 | $48,477 |
| Hourly rate | $19.16 | $23.31 |
| Growth rate | 1% | -8% |
| Number of jobs | 28,241 | 88,275 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 81% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
A pricing coordinator is responsible for conducting data and statistical analysis to determine the appropriate pricing plans according to market conditions and public demands. Pricing coordinators analyze financial and business reports to identify pricing techniques that would minimize the company's loss and maximize profits reasonably. They also identify business opportunities that would generate revenues, assess market competitions, and evaluate sales reports. A pricing coordinator must have excellent communication and analytical skills to collect cost information and measure revenue assets.
A management trainee's responsibilities will vary in the assigned industry or department. Most of the time, they function as administrative support where the tasks include processing documents and keeping records, preparing presentations, and analyzing reports. There are also instances when a management trainee must take part in implementing policies, crafting strategies, and observe in handling revenue and budget reports. Furthermore, a management trainee works under the supervision of a manager or supervisor, and it is essential to adhere to all policies and regulations at all times.
Pricing coordinators and management trainees have different pay scales, as shown below.
| Pricing Coordinator | Management Trainee | |
| Average salary | $39,845 | $48,477 |
| Salary range | Between $30,000 And $52,000 | Between $38,000 And $61,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | Rhode Island | New Jersey |
| Best paying company | Deloitte | BNSF Railway |
| Best paying industry | Automotive | Manufacturing |
There are a few differences between a pricing coordinator and a management trainee in terms of educational background:
| Pricing Coordinator | Management Trainee | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 81% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Delhi | University of Pennsylvania |
Here are the differences between pricing coordinators' and management trainees' demographics:
| Pricing Coordinator | Management Trainee | |
| Average age | 43 | 43 |
| Gender ratio | Male, 26.2% Female, 73.8% | Male, 61.8% Female, 38.2% |
| Race ratio | Black or African American, 9.0% Unknown, 4.7% Hispanic or Latino, 17.9% Asian, 6.5% White, 61.3% American Indian and Alaska Native, 0.7% | Black or African American, 9.6% Unknown, 4.7% Hispanic or Latino, 15.5% Asian, 7.6% White, 61.9% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 9% | 9% |