Functional Analyst Salary

The average Functional Analyst in the United States can expect to rake in roughly $70K per year. The most influential factor affecting pay for this group is career duration, though the particular city and the specific company have a (lesser) impact as well. Male Functional Analysts who responded to the survey are more common than women; more than half (60 percent) are men. Job satisfaction for Functional Analysts is high. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
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$45,511 - $106,498
(Median)
$46K
$70K
$110K
MEDIAN: $70,376
10%
50%
90%

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$16.36 - $58.96
(Median)
$16
$31
$59
MEDIAN: $30
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$45,511 - $106,498  
   
Bonus
$0.00 - $10,570  
Profit Sharing
$4,000  
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).
)
$44,995 - $112,723  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 402
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$16.36 - $58.96  
   
Overtime
$36.38  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $10,570  
   
Profit Sharing
$4,000  
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).
)
$44,995 - $112,723  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 39
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Job Description for Functional Analyst

The main responsibilities of a functional analyst include conducting analyses, measuring various areas of performance, and developing process improvement initiatives. Functional analysts may also be required to assist in reviewing or creating documentation pertaining to technical fields.

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Functional Analyst Tasks

  • Coordinate and participate in feasibility studies and implementations.
  • Formulate and define system scope and objectives based on user needs.
  • Analyze business and user needs, document requirements and translate into proper system requirements specifications.
  • Document requirements and specifications in accordance with program and enterprise level standard operating procedures.

Functional Analyst Job Listings

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Popular Employer Salaries for Functional Analyst


Functional Analysts flock to Caci International Inc for generous paychecks, where average earnings of $63K lead the pack in compensation.

Xerox Corporation reports the lowest median salary in the area (it's only $51K) but some workers make up to $94K, indicating a rather large gap in employee earnings.

Popular Skills for Functional Analyst


Survey results imply that Functional Analysts put a diverse skill set to use. Most notably, facility with SAP Sales and Distribution, Project Management, and Requirements Analysis are correlated to pay that is significantly above average, leading to increases of 43 percent, 20 percent, and 12 percent, respectively. Those listing Microsoft Excel and Data Analysis as skills, on the other hand, should be prepared for drastically lower pay. Most people experienced in Business Analysis also know Oracle eBusiness Suite.

Pay by Experience Level for Functional Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average worker who claims fewer than five years of experience earns around $60K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $77K. Functional Analysts see a median salary of $90K after reaching one to two decades on the job. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $82K.

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Experience Affects Functional Analyst Salaries


Late-Career
up arrow 15%

Mid-Career
up arrow 9%

National Average
$71,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 43%

Project Management
up arrow 20%

Requirements Analysis
up arrow 12%

Oracle eBusiness Suite
up arrow 10%

SQL
up arrow 7%

Business Analysis
up arrow 2%

National Average
$71,000


Microsoft Excel
up arrow 32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
25%
10-19 years
28%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 79%
medical benefits
Vision: 72%
dental benefits
None: 9%
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