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The differences between senior research analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior research analyst and an analyst lead. Additionally, an analyst lead has an average salary of $95,264, which is higher than the $75,056 average annual salary of a senior research analyst.
The top three skills for a senior research analyst include analytics, data analysis and data collection. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Senior Research Analyst | Analyst Lead | |
| Yearly salary | $75,056 | $95,264 |
| Hourly rate | $36.08 | $45.80 |
| Growth rate | 19% | 9% |
| Number of jobs | 71,891 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 37 | 43 |
| Years of experience | 6 | 6 |
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Senior research analysts and analyst leads have different pay scales, as shown below.
| Senior Research Analyst | Analyst Lead | |
| Average salary | $75,056 | $95,264 |
| Salary range | Between $57,000 And $98,000 | Between $74,000 And $122,000 |
| Highest paying City | Olympia, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | JPMorgan Chase & Co. | |
| Best paying industry | Finance | Finance |
There are a few differences between a senior research analyst and an analyst lead in terms of educational background:
| Senior Research Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between senior research analysts' and analyst leads' demographics:
| Senior Research Analyst | Analyst Lead | |
| Average age | 37 | 43 |
| Gender ratio | Male, 54.1% Female, 45.9% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 8% |