An average Functional Analyst in the United States can expect to take home roughly $70K annually. Overall cash earnings for Functional Analysts stretch from $44K on the lower end to $113K near the top, and the heftiest packages can encompass around $10K from bonuses and $25K from profit sharing. The most influential factor affecting pay for this group is geographic location, though tenure and the specific company have a (lesser) impact as well. Most report receiving medical coverage from their employers and a large number collect dental insurance. Functional Analysts who participated in the survey are largely men, dominating at 60 percent. Job satisfaction is high and work is enjoyable for most Functional Analysts. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$44,253 - $104,516
$44K
$70K
$100K
MEDIAN: $70,143
10%
50%
90%

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$15.86 - $60.40
$16
$40
$60
MEDIAN: $40
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
$44,253 - $104,516  
   
Bonus
$204.26 - $10,294  
Profit Sharing
$0.00 - $24,658  
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).
)
$43,650 - $113,290  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 251
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
$15.86 - $60.40  
   
Overtime
$39.58  
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
$204.26 - $10,294  
   
Profit Sharing
$0.00 - $24,658  
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).
)
$43,650 - $113,290  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 26

Find Out Exactly What You Should Be Paid

United States (change)

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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

  • 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.
  • Coordinate and participate in feasibility studies and implementations.
  • Formulate and define system scope and objectives based on user needs.

Common Career Paths for Functional Analyst


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Many Functional Analysts advance their careers by becoming Information Technology Project Managers, who report a slightly higher median income of $86K.

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.

General Dynamics Information Technology Inc offers the lowest compensation; the median salary there averages out to only $48K. The pay range is also narrow, ranging between $44K and $111K.

Popular Skills for Functional Analyst


Functional Analysts report using a wide range of professional 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 40 percent, 34 percent, and 9 percent, respectively. Microsoft Excel and Data Analysis, on the other hand, are typically associated with much lower pay. 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.


Functional Analysts with a rich background of experience are typically rewarded with larger paychecks. Those in the early stages of their career can expect to make around $59K; however, individuals with five to 10 years of experience bring in $84K on average — a distinctly larger sum. After working for 10 to 20 years, Functional Analysts make a median salary of $93K. Professionals boasting more than two decades of experience also boast a six-figure median salary of $108K.

Related Job Salaries

Key Stats for Functional Analyst

Gender

Female
40 %
Male
60 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.
Less than 1 year
4%
1-4 years
37%
5-9 years
27%
10-19 years
27%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Functional Analyst Salaries

Late-Career
up arrow 48%



National Average
$73,000


Skills That Affect Functional Analyst Salaries

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

Project Management
up arrow 34%

Requirements Analysis
up arrow 9%

SAP Enterprise Resource Planning (ERP)
up arrow 9%


SQL
up arrow 4%

National Average
$73,000



Microsoft Excel
up arrow 34%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
4%
1-4 years
37%
5-9 years
27%
10-19 years
27%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
dental benefits
None: 10%
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