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The differences between production analysts and research 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 production analyst and a research analyst. Additionally, a research analyst has an average salary of $70,232, which is higher than the $65,302 average annual salary of a production analyst.
The top three skills for a production analyst include data entry, financial analysis and windows. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Production Analyst | Research Analyst | |
| Yearly salary | $65,302 | $70,232 |
| Hourly rate | $31.40 | $33.77 |
| Growth rate | 19% | 19% |
| Number of jobs | 75,978 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
Production Analysts help manage the production flow of a company's goods or data. They are responsible for optimizing labor cost, volume, and efficiency of production, ensuring quality assurance, correcting equipment failure and hardware problem as well as monitoring production process proactively improving from slowdowns or bottlenecks. They also coordinate employee training or retraining on software or controls to improve efficiency. Production Analysts work with other teams to estimate production runs within the manufacturing or data process. They create production reports for customers and management.
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Production analysts and research analysts have different pay scales, as shown below.
| Production Analyst | Research Analyst | |
| Average salary | $65,302 | $70,232 |
| Salary range | Between $46,000 And $90,000 | Between $45,000 And $107,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Apple | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a production analyst and a research analyst in terms of educational background:
| Production Analyst | Research Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between production analysts' and research analysts' demographics:
| Production Analyst | Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 57.2% Female, 42.8% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 5.2% Unknown, 5.0% Hispanic or Latino, 12.4% Asian, 11.0% White, 66.3% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |