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The differences between time motion analysts and finance 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 time motion analyst and a finance analyst. Additionally, a time motion analyst has an average salary of $72,630, which is higher than the $69,887 average annual salary of a finance analyst.
The top three skills for a time motion analyst include call volume, schedule adherence and service level objectives. The most important skills for a finance analyst are financial analysis, financial models, and financial data.
| Time Motion Analyst | Finance Analyst | |
| Yearly salary | $72,630 | $69,887 |
| Hourly rate | $34.92 | $33.60 |
| Growth rate | 11% | 9% |
| Number of jobs | 39,276 | 138,600 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 76% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
A Time Motion Analyst is an industrial engineer who uses a set of tools to increase the efficiency of operations by simplifying work and setting standards. This is usually done with a wage-incentive system set in place to increase workers' motivation. He/She typically carries out time and motion studies on some operations to ascertain standard production rates or to improve efficiency in different industries. He/She studies speed, efforts put in by workers, and methodology used in production or manufacturing to get the same results.
A finance analyst is responsible for evaluating a company's financial data and historical reports to assess investment opportunities and provide accurate financial statements in support of business strategies and company performance prediction. A financial analyst's duties also include suggesting recommendations to boost operations efficiency and grow revenues, researching the current market performance and economic trends to adjust budget goals as needed, and managing client portfolios. Finance analysts must have excellent critical and analytical thinking skills to identify the best actions for the company's profitability.
Time motion analysts and finance analysts have different pay scales, as shown below.
| Time Motion Analyst | Finance Analyst | |
| Average salary | $72,630 | $69,887 |
| Salary range | Between $42,000 And $123,000 | Between $46,000 And $104,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Connecticut |
| Best paying company | - | The Citadel |
| Best paying industry | - | Finance |
There are a few differences between a time motion analyst and a finance analyst in terms of educational background:
| Time Motion Analyst | Finance Analyst | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between time motion analysts' and finance analysts' demographics:
| Time Motion Analyst | Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 51.0% Female, 49.0% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 9.8% White, 68.0% 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% |