Analytics Consultant Salary
Job Description for Analytics Consultant
Analytics consultants are in charge of developing and implementing analytics solutions for their organization. They are responsible for creating data mining projects and utilize that information to increase consumer brand awareness and revenue. One of the analytics consultant's main functions is creating reports for business users. They use programming skills to sort through large amounts of information and complete data processing and analytics to suggest business process changes. Analytics consultants must demonstrate leadership and the ability to work with a team; they also work closely with other business departments to gather all the needed data. They must multitask and prioritize important and time-sensitive products. These consultants also conceptualize aspects of the business using scripts, tables, and complex reports. Analytics consultants generally work full time in an office setting. They report their progress to the analytics supervisor or administrator in their company.Read More...
A bachelor's degree in mathematics, statistics, accounting, or a related field is necessary for this position. In addition, previous analytics reporting experience is required. Industry certifications may be preferred, and they must be able to use industry-standard software. Analytics consultants must possess strong interpersonal skills to interact with clients and partners. They should also be organized individuals that have strong problem solving skills.
Analytics Consultant Tasks
- Interview users to identify data needs and delivery mechanisms.
- Design and synthesize reports and metrics, documenting process flows and fulfilling business needs.
- Examine systems and recommend methodologies to improve data and its usage.
- Execute data quality and data auditing plans, evaluating and presenting on findings.
Analytics Consultant Job Listings
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Popular Employer Salaries for Analytics Consultant
Wells Fargo & Co., Wells Fargo Home Mortgage, Humana, Inc., Wells Fargo Bank, and Deloitte & Touche LLP are leaders in the field that employ a large number of Analytics Consultants. Heading up the field in terms of compensation, Slalom Consulting offers the most; Analytics Consultants earn $125K on average there. Analytics Consultants can also look forward to large paychecks at Deloitte & Touche LLP ($84K), Accenture ($82K), and Wells Fargo & Co. ($81K).
Wells Fargo Home Mortgage, Wells Fargo Bank and Wells Fargo & Co. are three other employers with a reputation for below-average pay, showing salaries around $74K, $80K, and $81K.
Popular Skills for Analytics Consultant
Analytics Consultants seem to exploit a large range of skills on the job. Most notably, facility with Web Analytics, Big Data Analytics, and Machine Learning are correlated to pay that is significantly above average, leading to increases of 23 percent, 18 percent, and 9 percent, respectively. At the other end of the pay range are skills like Python, Microsoft Access, and Research Analysis. Most people skilled in Data Analysis are similarly competent in SAS.
Pay by Experience Level for Analytics Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. People who have worked for fewer than five years bring home $75K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $90K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $107K on average. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $134K.
Pay Difference by Location
For those looking to make money, Analytics Consultants in Boston enjoy an exceptional pay rate, 31 percent above the national average. Analytics Consultants will also find cushy salaries in New York (+6 percent), Seattle (+5 percent), Denver (+5 percent), and San Francisco (+3 percent). Compared to the national average, Des Moines Analytics Consultants have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers pay around 22 percent less in Ann Arbor and 13 percent less in Minneapolis, below-median salaries for those in this field.