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The differences between principal analysts and senior technical analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a principal analyst and a senior technical analyst. Additionally, a principal analyst has an average salary of $114,156, which is higher than the $100,220 average annual salary of a senior technical analyst.
The top three skills for a principal analyst include portfolio, ERP and project management. The most important skills for a senior technical analyst are infrastructure, customer service, and project management.
| Principal Analyst | Senior Technical Analyst | |
| Yearly salary | $114,156 | $100,220 |
| Hourly rate | $54.88 | $48.18 |
| Growth rate | 9% | 9% |
| Number of jobs | 158,160 | 152,373 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
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 senior technical analyst specializes in performing research and analysis to optimize technical support procedures in a company. Their responsibilities revolve around coordinating with different departments to gather necessary data, analyzing feedback from clients and employees, assessing existing processes to determine areas needing enhancements, and devising strategies to improve operations. They are also in charge of providing technical support to internal and external parties, installing and repairing systems, and addressing inquiries or concerns, resolving them promptly and efficiently.
Principal analysts and senior technical analysts have different pay scales, as shown below.
| Principal Analyst | Senior Technical Analyst | |
| Average salary | $114,156 | $100,220 |
| Salary range | Between $87,000 And $149,000 | Between $76,000 And $130,000 |
| Highest paying City | San Francisco, CA | Mountain View, CA |
| Highest paying state | Washington | California |
| Best paying company | Morgan Lewis | |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a principal analyst and a senior technical analyst in terms of educational background:
| Principal Analyst | Senior Technical Analyst | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| Most common major | Business | Computer Science |
| Most common college | Stanford University | Stanford University |
Here are the differences between principal analysts' and senior technical analysts' demographics:
| Principal Analyst | Senior Technical Analyst | |
| Average age | 43 | 43 |
| Gender ratio | Male, 75.6% Female, 24.4% | Male, 76.1% Female, 23.9% |
| 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, 10.4% Unknown, 5.0% Hispanic or Latino, 11.2% Asian, 14.5% White, 58.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |