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The differences between workforce management analysts and finance management 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 workforce management analyst and a finance management analyst. Additionally, a finance management analyst has an average salary of $71,934, which is higher than the $64,447 average annual salary of a workforce management analyst.
The top three skills for a workforce management analyst include call volume, powerpoint and schedule adherence. The most important skills for a finance management analyst are financial management, financial issues, and management reports.
| Workforce Management Analyst | Finance Management Analyst | |
| Yearly salary | $64,447 | $71,934 |
| Hourly rate | $30.98 | $34.58 |
| Growth rate | 11% | 11% |
| Number of jobs | 127,151 | 184,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A workforce management analyst's role is to oversee the workforce in a company while developing better management strategies. Their responsibilities revolve around conducting research and analysis to identify employees' needs, detect vulnerabilities in human resources, monitor staff performance and attendance, address issues and concerns, ensure schedule compliance, and coordinate with different departments within the company. A workforce management analyst may also perform clerical tasks such as producing reports, creating presentations, and arranging schedules. Moreover, it is vital to ensure that all employees adhere to the company's policies and regulations.
A finance management analyst specializes in performing extensive research and analysis to devise strategies that can help a company achieve its long-term financial goals. Their responsibilities typically revolve around having an in-depth understanding of the company and its services, gathering and reviewing its financial history and other portfolios, and determining investment opportunities to earn a significant profit. Furthermore, a finance management analyst must report their findings and present action plans, providing a comprehensive explanation to officials, all while adhering to the company's policies and regulations.
Workforce management analysts and finance management analysts have different pay scales, as shown below.
| Workforce Management Analyst | Finance Management Analyst | |
| Average salary | $64,447 | $71,934 |
| Salary range | Between $43,000 And $95,000 | Between $49,000 And $104,000 |
| Highest paying City | Albany, NY | Washington, DC |
| Highest paying state | New York | New York |
| Best paying company | Meta | Apple |
| Best paying industry | Finance | Government |
There are a few differences between a workforce management analyst and a finance management analyst in terms of educational background:
| Workforce Management Analyst | Finance Management Analyst | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between workforce management analysts' and finance management analysts' demographics:
| Workforce Management Analyst | Finance Management Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.2% Female, 45.8% | Male, 54.2% Female, 45.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.1% White, 67.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.3% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |