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The differences between principal analysts and process analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a principal analyst, becoming a process analyst takes usually requires 2-4 years. Additionally, a principal analyst has an average salary of $114,156, which is higher than the $73,233 average annual salary of a process analyst.
The top three skills for a principal analyst include portfolio, ERP and project management. The most important skills for a process analyst are process improvement, project management, and customer service.
| Principal Analyst | Process Analyst | |
| Yearly salary | $114,156 | $73,233 |
| Hourly rate | $54.88 | $35.21 |
| Growth rate | 9% | 11% |
| Number of jobs | 158,160 | 123,238 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
A principal analyst is responsible for evaluating the project management and product development procedures of an organization by analyzing data statistics and market trends. Principal analysts conduct operational audits to identify inconsistencies and defects, including the networks and system database. They create reports on their findings, as well as recommendations to improve optimization and maximum productivity. A principal analyst should be highly communicative and analytical as they also analyze sales reports and financial transactions to develop techniques for increasing profits and revenues.
A process analyst is also known as an operations research analyst, who evaluates in detail the steps in producing products and making important decisions as well as providing recommendations on how to enhance them. They are IT specialists that analyze the business process and workflows to determine how they can be computerized and improved. Responsibilities include identifying problems and risks as well as engaging in problem resolution. Important skills to consider for applicants include being innovative thinkers and goal-oriented.
Principal analysts and process analysts have different pay scales, as shown below.
| Principal Analyst | Process Analyst | |
| Average salary | $114,156 | $73,233 |
| Salary range | Between $87,000 And $149,000 | Between $49,000 And $108,000 |
| Highest paying City | San Francisco, CA | Santa Clara, CA |
| Highest paying state | Washington | Connecticut |
| Best paying company | Apple | |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a principal analyst and a process analyst in terms of educational background:
| Principal Analyst | Process Analyst | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between principal analysts' and process analysts' demographics:
| Principal Analyst | Process Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 75.6% Female, 24.4% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.5% American Indian and Alaska Native, 0.2% | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 12.2% White, 66.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |