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The differences between research team leaders 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 research team leader and a research analyst. Additionally, a research team leader has an average salary of $100,872, which is higher than the $70,232 average annual salary of a research analyst.
The top three skills for a research team leader include data analysis, data collection and R. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Research Team Leader | Research Analyst | |
| Yearly salary | $100,872 | $70,232 |
| Hourly rate | $48.50 | $33.77 |
| Growth rate | 19% | 19% |
| Number of jobs | 117,575 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| 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.
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.
Research team leaders and research analysts have different pay scales, as shown below.
| Research Team Leader | Research Analyst | |
| Average salary | $100,872 | $70,232 |
| Salary range | Between $65,000 And $156,000 | Between $45,000 And $107,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | McKinsey & Company Inc | The Citadel |
| Best paying industry | Professional | Finance |
There are a few differences between a research team leader and a research analyst in terms of educational background:
| Research Team Leader | Research Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between research team leaders' and research analysts' demographics:
| Research Team Leader | Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 54.2% Female, 45.8% | Male, 50.8% Female, 49.2% |
| 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, 4.7% 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% |