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The differences between research team leaders and market researchers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a research team leader and a market researcher. Additionally, a research team leader has an average salary of $100,872, which is higher than the $52,309 average annual salary of a market researcher.
The top three skills for a research team leader include data analysis, data collection and R. The most important skills for a market researcher are data analysis, primary research, and data collection.
| Research Team Leader | Market Researcher | |
| Yearly salary | $100,872 | $52,309 |
| Hourly rate | $48.50 | $25.15 |
| Growth rate | 19% | 19% |
| Number of jobs | 117,575 | 23,734 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A research team leader assists the project directors in defining the objectives, strategies, responsibilities, and tasks for the team members. They also guarantee that all the research is done correctly and promptly to ensure objectives are met. They also ensure all the activities are limited to the annual or project budget.
In businesses, a market researcher is primarily responsible for performing market research and analysis. Although the extent of their duties usually depends on their place of employment, it typically includes coordinating with other experts, gathering and analyzing data, identifying new business opportunities, studying market activities, creating questionnaires, and developing test structures. Through their research findings, they must produce detailed reports and presentations for managers and even executives. Furthermore, as a market researcher, it is essential to understand the company's needs, including its vision and mission.
Research team leaders and market researchers have different pay scales, as shown below.
| Research Team Leader | Market Researcher | |
| Average salary | $100,872 | $52,309 |
| Salary range | Between $65,000 And $156,000 | Between $32,000 And $84,000 |
| Highest paying City | San Francisco, CA | Linden, NJ |
| Highest paying state | New Jersey | Delaware |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Professional | Automotive |
There are a few differences between a research team leader and a market researcher in terms of educational background:
| Research Team Leader | Market Researcher | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between research team leaders' and market researchers' demographics:
| Research Team Leader | Market Researcher | |
| Average age | 37 | 37 |
| Gender ratio | Male, 54.2% Female, 45.8% | Male, 48.4% Female, 51.6% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 64.9% American Indian and Alaska Native, 0.1% | Black or African American, 4.9% Unknown, 4.9% Hispanic or Latino, 11.7% Asian, 14.0% White, 64.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |