Financial Analysts vs Secretaries and Administrative Assistants salary

As stated by the US Bureau of Labor Statistics, the average annual salary for Financial Analysts is $103,020, compared to $41,080 for Secretaries and Administrative Assistants. This shows that the pay for Financial Analysts is much higher than for Secretaries and Administrative Assistants.

However, it's important to keep in mind that the salary of an employee can be influenced by factors such as location and experience. In particular, Financial Analysts working in New York (with a wage of $131,690 on average) may have higher salaries than those in Utah ($71,760). To provide another instance, Secretaries and Administrative Assistants in Washington DC have an average income that is 58% higher compared to those in South Dakota.

Financial Analysts vs Secretaries and Administrative Assistants overview

Financial Analysts and Secretaries and Administrative Assistants are crucial to the Professional, Scientific, and Technical Services industry. People are often interested in learning about the distinctions between these job titles, including the average earnings for each of them.

Financial Analyst job description

Alternative names: Financial and Investment Analysts

Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Financial Analyst average salary

The US Bureau of Labor Statistics has reported that in 2021, there were 291,880 Financial Analysts working in the United States, and on average, they earned $103,020 per year. The bottom 10 percent earned $57,900 or less, and the top 10 percent earned $166,560 or more.

Do Financial Analysts make good money?

The average salary of Financial Analysts is 77% higher than the average salary in the United States ($58,260). However, they earn 13% less than the average pay of the Securities and Financial Investments industry ($119,040).

The average salary of Financial Analysts is 77% higher than the average salary in the United States ($58,260).

Secretaries and Administrative Assistants job description

Alternative names: Secretaries and Administrative Assistants, Except Legal, Medical, and Executive

Secretaries and Administrative Assistants perform routine administrative functions such as drafting correspondence, scheduling appointments, organizing and maintaining paper and electronic files, or providing information to callers.

Secretaries and Administrative Assistants education and experience

Of Secretaries and Administrative Assistants, about a half hold a High School Diploma, 22% have an Associate's Degree, and 11% hold a Bachelor's Degree. Regarding experience, 44% of Secretaries and Administrative Assistants jobs require a 1 to 2 years of experience in the field. A smaller part of jobs (24%) require a previous experience of 6 months to 1 year.

Secretaries and Administrative Assistants average salary

As reported by the US Bureau of Labor Statistics, in 2021, the number of Secretaries and Administrative Assistants employed in the United States was 1.83M, and they earned an average of $41,080 per year. The bottom 10 percent had a salary of $28,200 or less, and the top 10 percent had a salary of $59,500 or more. The average salary has grown by 1.6% compared the previous year.

Do Secretaries and Administrative Assistants make good money?

Secretaries and Administrative Assistants salaries are often not as high as those in other fields, as their average salary is about a third lower than the average salary in the United States ($58,260). Moreover, they earn about a third less than the average pay of the Educational Services industry ($61,620).

Secretaries and Administrative Assistants salaries are often not as high as those in other fields, as their average salary is about a third lower than the average salary in the United States ($58,260).

Secretaries and Administrative Assistants job growth

The number of Secretaries and Administrative Assistants being employed has declined over the past two years. In 2021, there have been 24,380 less roles than the previous year nationwide, which marks a decrease of 1.3%. Over the past 3 years, job growth has averaged -5.5%.

FAQ

Do Financial Analysts or Secretaries and Administrative Assistants make more?

Financial Analysts make 151% more than Secretaries and Administrative Assistants. The average annual salary for Secretaries and Administrative Assistants is $41,080, compared to $103,020 for Financial Analysts.