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The differences between trading assistants and business assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a trading assistant and a business assistant. Additionally, a trading assistant has an average salary of $101,645, which is higher than the $42,247 average annual salary of a business assistant.
The top three skills for a trading assistant include trade shows, P/L and securities. The most important skills for a business assistant are customer service, patients, and data entry.
| Trading Assistant | Business Assistant | |
| Yearly salary | $101,645 | $42,247 |
| Hourly rate | $48.87 | $20.31 |
| Growth rate | -8% | -8% |
| Number of jobs | 26,872 | 98,348 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 58% |
| Average age | 50 | 50 |
| Years of experience | 2 | 2 |
A trading assistant is primarily in charge of performing support tasks for traders and participate in securing sales for a company. Their responsibilities typically revolve around liaising with clients through calls and correspondence to offer products and services, discussing specifications, negotiating billing plans, and processing payments. They must also assist traders by performing market research and analysis, preparing and processing documentation, arranging meetings and appointments, running errands, and resolving issues and concerns in adherence to the company's policies and regulations.
A business assistant is responsible for supporting various office functions, performing administrative and clerical duties to ensure efficient and smooth business operations, and provide high-quality services to the customers and business partners. Business assistants handle data processing procedures, writing business transaction reports, and coordinating with suppliers and third-party vendors for any requests made by the company. They welcome visitors, verify their appointments, and direct them to the appropriate personnel or department for their business concerns. A business assistant also schedules a meeting, assist in accounting and human resources tasks, and support the executives on corporate decisions.
Trading assistants and business assistants have different pay scales, as shown below.
| Trading Assistant | Business Assistant | |
| Average salary | $101,645 | $42,247 |
| Salary range | Between $58,000 And $176,000 | Between $29,000 And $60,000 |
| Highest paying City | Hartford, CT | Washington, DC |
| Highest paying state | Connecticut | Oregon |
| Best paying company | Oak Hill Advisors | Whitney Museum of American Art |
| Best paying industry | Finance | Professional |
There are a few differences between a trading assistant and a business assistant in terms of educational background:
| Trading Assistant | Business Assistant | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Western Carolina University |
Here are the differences between trading assistants' and business assistants' demographics:
| Trading Assistant | Business Assistant | |
| Average age | 50 | 50 |
| Gender ratio | Male, 58.6% Female, 41.4% | Male, 28.1% Female, 71.9% |
| Race ratio | Black or African American, 9.3% Unknown, 3.9% Hispanic or Latino, 16.3% Asian, 3.8% White, 66.0% American Indian and Alaska Native, 0.7% | Black or African American, 9.4% Unknown, 3.9% Hispanic or Latino, 16.4% Asian, 3.8% White, 65.8% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 6% | 6% |