Business Insight and Analytics Manager Salary
Business Insight and Analytics Managers in the United States can expect to earn an average of $91K annually. Total cash compensation to Business Insight and Analytics Managers bottoms out near $64K and approaches $130K on the high end; the biggest paychecks include approximately $20K from bonuses and almost $8K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by tenure. Men account for the majority of Business Insight and Analytics Managers who responded to the questionnaire — 62 percent to be exact. Medical and dental coverage is claimed by nearly all, and most earn vision coverage. Job satisfaction for Business Insight and Analytics Managers is high.
|Salary||$62,592 - $120,132|
|Bonus||$1,987 - $19,551|
|Profit Sharing||$494.93 - $8,081|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$64,202 - $130,198|
Job Description for Business Insight and Analytics Manager
The business insight and analytics managers hold high-level analysis and management positions within larger businesses. They head a staff of managers and analysts who examine trends in the marketplace and attempt to forecast the best course of action for the company.Read More...
This manager must make sure their department is collecting useful data; typically, they assign a team to assign levels of value and relevancy for collected market and customer data. Once this data has been prioritized, various teams examine sales, marketing, logistics, and revenue channels to determine the various ways that changes or new developments will affect the business. Depending on the company, individuals with business law experience work with or under the business insight manager to keep the manager abreast of regulatory developments and legislation under consideration. These developments may help the manager recognize potential trouble spots as well as areas of opportunity. The business insight and analytics manager also compiles collected data into reports for use by upper-level management and board members.
To work in this field, an individual likely needs at least a bachelor’s degree in business, preferably with an extensive background in statistics and finance as well. Many larger companies prefer a person with a track record of analytics experience. They must be an excellent communicator and possess strong organizational skills as well.
Business Insight and Analytics Manager Tasks
- Create analytics systems and frameworks.
- Manage team of analysts.
- Track, analyze, and evaluate business performance.
- Prepare and present analytical reports of data.
Business Insight and Analytics Manager Job Listings
Search for more jobs:
Popular Skills for Business Insight and Analytics Manager
Survey respondents exploit a significant toolbox of skills in their work. Lucky workers who know Research Analysis can expect a significant pay bump, scoring salaries 32 percent above average. Market Research and Web Analytics are also correlated to pay that is above average, with increases between 15 percent and 32 percent. Skills that seem to negatively impact pay include Business Analysis and Microsoft Excel. Those educated in Data Analysis tend to be well versed in SQL.
Pay by Experience Level for Business Insight and Analytics Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Workers in their first five years can expect to earn $85K, but people who have been around for five to 10 years earn a noticeably bigger sum of $99K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $111K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $109K.
Pay Difference by Location
Chicago is home to an above-average pay rate for Business Insight and Analytics Managers, 22 percent higher than the national average. Business Insight and Analytics Managers can also look forward to large paychecks in cities like San Francisco (+11 percent), Seattle (+10 percent), Minneapolis (+6 percent), and Dallas (+3 percent). Washington ranks last in the field for pay, reporting salaries 16 percent below the national average. Employers also pay below the national average in Cincinnati (13 percent lower) and Pittsburgh (11 percent lower).
Business Insight and Analytics Manager Reviews
Related Job Salaries
Key Stats for Business Insight and Analytics Manager
Rated 4 out of 5
based on 41 votes.