Business Intelligence (BI) Analyst Salary
The average Business Intelligence Analyst in the United States earns approximately $66K annually. With some bonuses and profit sharing proceeds approaching $10K each, total incomes of Business Intelligence Analysts generally range from $46K to $98K depending on individual performance. The company is the main element affecting pay for this group — career duration and geographic location are driving factors as well. Job satisfaction is high and work is enjoyable for most Business Intelligence Analysts. Medical benefits are awarded to most, and a large number earn dental coverage. More than half of Business Intelligence Analysts (67 percent) survey respondents are men. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Business Intelligence (BI) Analyst
Business intelligence (BI) analysts help guide and improve the way that businesses' management staff foster collaboration within and between departments. Minimum educational requirements generally include a bachelor's degree in business administration or computer engineering. Additionally, individuals should have at least 1-2 years experience in a supervisory or administrative role within an organization.Read More...
Those who desire to work as a BI analyst should demonstrate a strong understanding of managerial and professional skill sets. BI analysts are generally tasked with collaborating with a team of cross-departmental managers, and are usually expected to be able to demonstrate excellent leadership capabilities. They should also be well versed in many different aspects of business administration. Presentation skills are also a must as BI analysts are often expected to chair meetings discussing organizational data and future directions of the company. Analysts should also be prepared to lead seminars training new managers on different aspects of business intelligence.
BI analysts should exhibit proficiency in many different Microsoft applications such as Word and Excel. Experience in an ERP system such as Oracle or SAP is usually considered a plus. It is also expected that analysts will naturally demonstrate superior creative thinking and decision making abilities consistently in their work. Finally, analysts should be capable of working within a diverse, global workforce that is consumer oriented.
Business Intelligence (BI) Analyst Tasks
- Provide application analysis and data modeling design to collect data for centralized data warehouse.
- Extract data from databases and data warehouses for reporting and to facilitate sharing between multiple data systems.
- Proficient in the use of query and reporting analysis tools.
- Standardize data collection by developing methods for database design and validation reports.
Common Career Paths for Business Intelligence (BI) Analyst
At the upper end, Business Intelligence Analysts who move into a Business Intelligence Architect role can end up with a hefty increase in pay. The average income for Business Intelligence Architects is a much higher $111K per year. Business Intelligence Developers or Business Intelligence Managers are common next-step roles for Business Intelligence Analysts moving up in their careers; annual pay for Business Intelligence Developers is $13K higher on average, and it's $38K higher for Business Intelligence Managers.
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Popular Employer Salaries for Business Intelligence (BI) Analyst
Business Intelligence Analysts seeking a sizable paycheck can earn the most at Google, Inc., where the average salary comes to $111K.
Popular Skills for Business Intelligence (BI) Analyst
Business Intelligence Analysts seem to wield many skills on the job. Most notably, skills in Data Warehouse, Data Modeling, Data Mining / Data Warehouse, and Business Intelligence are correlated to pay that is above average, with boosts between 5 percent and 10 percent. Skills that are correlated to lower pay, on the other hand, include Microsoft Office and Microsoft Excel. Those proficient in Business Analysis are, more often than not, also skilled in Data Analysis.
Pay by Experience Level for Business Intelligence (BI) Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Business Intelligence Analysts, extensive experience does not lead to significantly more money. Relatively untried employees who have less than five years' experience make $62K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $79K. Business Intelligence Analysts who work for 10 to 20 years in their occupation tend to earn about $85K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $90K on average.
Pay Difference by Location
Home to some of the best pay for Business Intelligence Analysts, San Francisco offers exceptional salaries, 26 percent above the national average. Business Intelligence Analysts can also look forward to large paychecks in cities like Washington (+21 percent), Seattle (+9 percent), Boston (+8 percent), and Houston (+8 percent). Dallas is home to the smallest salaries in the field, lagging the national average by 9 percent. Below-median salaries also turn up in Miami and Chicago (8 percent lower and 6 percent lower, respectively).
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