Functional Analyst Salary

Median pay for Functional Analysts in the United States lies in the neighborhood of $70K per year. The most influential factor affecting pay for this group is experience level, though the particular city and the particular employer have a (lesser) impact as well. Men make up the majority of Functional Analysts (60 percent) survey respondents. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Most workers in this position report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.
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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


Caci International Inc offers the largest salaries in town — $63K on average.

Xerox Corporation offers the smallest salaries in town — $51K on average — but the considerable range in workers' salaries (stretching from $34K to $94K) creates a rather varied pay scale.

Popular Skills for Functional Analyst


Functional Analysts seem to require a number of specific skills. 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. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. Most people who know 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.


Salaries for the relatively untried average out to around $60K, but survey participants with five to 10 years of experience earn a significantly higher median of $77K. On average, Functional Analysts make $90K following one to two decades on the job. Functional Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks 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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