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The differences between resource analysts and associate analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a resource analyst and an associate analyst. Additionally, a resource analyst has an average salary of $68,662, which is higher than the $68,161 average annual salary of an associate analyst.
The top three skills for a resource analyst include resource management, customer satisfaction and financial analysis. The most important skills for an associate analyst are customer service, powerpoint, and data analysis.
| Resource Analyst | Associate Analyst | |
| Yearly salary | $68,662 | $68,161 |
| Hourly rate | $33.01 | $32.77 |
| Growth rate | 11% | 9% |
| Number of jobs | 90,118 | 97,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A resource analyst is responsible for conducting data and statistical analysis, analyzing trends research, and identifying cost-reduction opportunities that would generate revenues and increase profits. Resource analysts evaluate budgeting and financial transactions and implement strategical methodologies to improve business operations, project management, and customer relationships. They also monitor the resource management of the business by coordinating with third-party providers and the senior management to facilitate operational concerns and requests for collaborative partnerships with the clients.
An associate analyst is an individual who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.
Resource analysts and associate analysts have different pay scales, as shown below.
| Resource Analyst | Associate Analyst | |
| Average salary | $68,662 | $68,161 |
| Salary range | Between $48,000 And $97,000 | Between $47,000 And $98,000 |
| Highest paying City | Bethesda, MD | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Mayo Clinic | Apollo Global Management |
| Best paying industry | - | Finance |
There are a few differences between a resource analyst and an associate analyst in terms of educational background:
| Resource Analyst | Associate Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between resource analysts' and associate analysts' demographics:
| Resource Analyst | Associate Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 46.3% Female, 53.7% | Male, 52.3% Female, 47.7% |
| Race ratio | Black or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.3% Asian, 11.6% White, 65.9% American Indian and Alaska Native, 0.2% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |