Director of Analytics Salary
|Salary||$83,231 - $162,542|
|Bonus||$4,793 - $31,005|
|Profit Sharing||$1,009 - $19,219|
|Total Pay (||$86,139 - $180,845|
Job Description for Director of Analytics
Directors of analytics supervise a team that provides analytical expertise for their organization. They are in charge of coordinating efforts and provide coaching to staff members in their department. Directors of analytics spend a large portion of their time performing statistical analysis based on market knowledge and research expertise. They identify patterns based on aggregate data to find risks or opportunities, as well as make performance change recommendations. Directors of analytics create forecasts using analytical information and results, compare sets of data to optimize resource allocation, and support business development through their use of complex data. These directors must follow company procedures to reach all established goals.Read More...
Directors of analytics ensure the quality and integrity of market research using standard industry techniques. They manage a group of trained employees that analyze large amounts of information; their team collaborate with other groups in their organization to share important information and increase company awareness of relevant data. Directors of analytics use a personal computer as one of their main tools, and they must be proficient with analytical software. They must also be familiar with word processing and spreadsheet programs to record their findings and create extensive documentation. Directors of analytics must also actively participate in training sessions and respond to employee inquiries in a timely manner.
A bachelor's or masters degree in mathematics, statistics, operations research, or a similar field is necessary for this position. In addition, experience in a managerial capacity is required for this job. Directors of analytics must also have advanced analytical skills to help tackle organizational obstacles. They must also be highly organized professionals that pay strong attention to detail in their daily tasks.
Director of Analytics Tasks
- Manage a team of analysts, assigning schedules, and projects.
- Develop, implement, and disseminate metrics about quality, performance and outcomes.
- Collaborate with executives and other departments to identify and meet information needs.
- Analyze and validate findings, creating reports, presentations, and visualizations.
Popular Skills for Director of Analytics
Directors of Analytics report using a deep pool of skills on the job. Most notably, skills in Machine Learning, People Management, Big Data Analytics, and SAS are correlated to pay that is above average, with boosts between 10 percent and 14 percent. At the other end of the pay range are skills like Tableau Software, Microsoft Excel, and Project Management. Those educated in Data Analysis tend to be well versed in Microsoft Excel and SQL.
Pay by Experience Level for Director of Analytics
Pay by Experience for a Director of Analytics has a positive trend. An entry-level Director of Analytics with less than 5 years of experience can expect to earn an average total compensation of $98,000 based on 114 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director of Analytics with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $129,000 based on 363 salaries. An experienced Director of Analytics which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $142,000 based on 353 salaries. A Director of Analytics with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $160,000 based on 63 salaries.
Pay Difference by Location
Surpassing the national average by 23 percent, Directors of Analytics in Minneapolis receive some of the highest pay in the country. Directors of Analytics can also look forward to large paychecks in cities like San Francisco (+23 percent), Austin (+13 percent), Los Angeles (+13 percent), and Seattle (+13 percent). With compensation 16 percent below the national average, Washington is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 10 percent less in Philadelphia and 9 percent less in Atlanta, below-median salaries for those in this field.
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Key Stats for Director of Analytics
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