Functional Analyst Salary

An average Functional Analyst in the United States can expect to take home roughly $70K annually. Including potential for bonuses and profit sharing — peaking near $12K and $15K, respectively — total cash payment to Functional Analysts can bottom out near $45K or peak near $111K depending on individual performance. Geography is the main element affecting pay for this group — career duration and the individual firm are driving factors as well. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. The majority of Functional Analysts claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.
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$44,964 - $105,588
(Median)
$45K
$70K
$110K
MEDIAN: $69,920
10%
50%
90%

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$16.40 - $50.68
(Median)
$16
$29
$51
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$44,964 - $105,588  
   
Bonus
$0.00 - $11,562  
Profit Sharing
$0.00 - $14,899  
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).
)
$44,545 - $111,123  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 348
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$16.40 - $50.68  
   
Overtime
$13.38 - $40.00  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $11,562  
   
Profit Sharing
$0.00 - $14,899  
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).
)
$44,545 - $111,123  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 33
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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 pays the most with a median salary of $62K, though there is little variation overall ($55K to $84K).

Although Xerox Corporation hands out the lowest average salary in town at $51K, employee compensation still varies greatly; workers can make as little as $34K or as much as $94K.

Popular Skills for Functional Analyst


Functional Analysts report using a pretty varied skill set on the job. Most notably, facility with SAP Sales and Distribution, Requirements Analysis, and Oracle eBusiness Suite are correlated to pay that is significantly above average, leading to increases of 36 percent, 13 percent, and 9 percent, respectively. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. Most people familiar with 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 $78K. Functional Analysts see a median salary of $87K after reaching one to two decades on the job. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $76K.

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Experience Affects Functional Analyst Salaries

Experienced
up arrow 23%

Mid-Career
up arrow 11%

Late-Career
up arrow 8%

National Average
$71,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 36%

Requirements Analysis
up arrow 13%

Oracle eBusiness Suite
up arrow 9%

SQL
up arrow 8%

Business Analysis
up arrow 2%

National Average
$71,000


Microsoft Excel
up arrow 30%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 68 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
5%
1-4 years
36%
5-9 years
25%
10-19 years
27%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 72% employee benefits None: 8%
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