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Functional Analyst Salary

Functional Analysts in the United States take home approximately $70K annually on average. This group's pay is mainly influenced by location, followed by years of experience and the individual firm. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. The majority of workers are highly satisfied with their job. The numbers in this rundown were provided by PayScale's salary survey participants.
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$44,611 - $106,561
(Median)
$45K
$70K
$110K
MEDIAN: $70,093
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
$44,611 - $106,561  
   
Bonus
$0.00 - $10,435  
Profit Sharing
$500 - $9,750  
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).
)
$44,104 - $112,028  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 346
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 - $10,435  
   
Profit Sharing
$500 - $9,750  
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).
)
$44,104 - $112,028  
Country: United States | Currency: USD | Updated: 16 May 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


Salary cannot be beat at Caci International Inc, where median pay comes to $62K. The range seems somewhat confined, however; the lower end sits at $55K, and the higher end is not far away at $84K.

Though lagging the field in terms of compensation — Xerox Corporation offers the lowest median salary at $51K — pay within the company still varies considerably between $34K and $94K.

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, Requirements Analysis, and Oracle eBusiness Suite are correlated to pay that is significantly above average, leading to increases of 40 percent, 13 percent, and 10 percent, respectively. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. 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.


Survey participants with less than five years' experience pocket $60K on average, but those with five to 10 years of experience enjoy a much bigger median of $78K. After working for 10 to 20 years, Functional Analysts make a median salary of $87K. For some reason, Functional Analysts with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $76K.

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Experience Affects Functional Analyst Salaries

Experienced
up arrow 23%

Mid-Career
up arrow 10%

Late-Career
up arrow 8%

National Average
$71,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 40%

Requirements Analysis
up arrow 13%

Oracle eBusiness Suite
up arrow 10%

SQL
up arrow 7%

Business Analysis
0%

National Average
$71,000


Microsoft Excel
up arrow 31%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 71 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
5%
1-4 years
34%
5-9 years
26%
10-19 years
27%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 82%
vision benefits Vision: 71% employee benefits None: 8%
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