Functional Analyst Salary

The average Functional Analyst in the United States can expect to rake in roughly $70K per year. With some bonuses approaching $13K and certain profit sharing proceeds approaching $24K, overall incomes of Functional Analysts spread between $46K and $116K depending on individual performance. This group's pay is mainly influenced by location, followed by career duration and the individual firm. Most people who answered the questionnaire are men; 61 percent of Functional Analysts are male. Job satisfaction is high and work is enjoyable for most Functional Analysts. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. The data in this summary comes from the PayScale salary survey.
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$45,756 - $109,461
$46K
$70K
$110K
MEDIAN: $69,617
10%
50%
90%

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$17.40 - $58.72
$17
$35
$59
MEDIAN: $34.87
10%
50%
90%

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$0$115K
Salary $45,756 - $109,461
Bonus $248.32 - $12,585
Profit Sharing $0.00 - $24,468
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).
)
$46,017 - $115,983
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 253
Hourly Data $0$58
Hourly Rate $17.40 - $58.72
Overtime $35.68
Annual Data $0$115K
Bonus $248.32 - $12,585
Profit Sharing $0.00 - $24,468
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).
)
$46,017 - $115,983
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 28

Find Out Exactly What You Should Be Paid

United States (change)

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 move into an Information Technology Project Manager role, and folks who currently hold that position report a much higher median income of $86K per year.

Functional Analyst Job Listings

Popular Employer Salaries for Functional Analyst


Caci International Inc offers the highest compensation with a median salary of $63K.

Employees of General Dynamics Information Technology Inc can expect to make the least, with the company offering a median salary of $48K; however, pay is widely dispersed from top to bottom, ranging from $44K to $110K.

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 44 percent, 41 percent, and 13 percent, respectively. Those listing Microsoft Excel as a skill should be prepared for drastically lower pay. Functional Analysis and Data Analysis also typically command lower compensation. Most people who know Business Analysis also know Oracle eBusiness Suite.

Pay by Experience Level for Functional Analyst

Pay by Experience for a Functional Analyst has a positive trend. An entry-level Functional Analyst with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 135 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Functional Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $86,000 based on 102 salaries. An experienced Functional Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $94,000 based on 92 salaries. A Functional Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $108,000 based on 17 salaries.

Pay Difference by Location

National Average: $70,944

Larger city markers indicate a job is popular in that location.

Houston is home to an above-average pay rate for Functional Analysts, 43 percent higher than the national average. Functional Analysts will also find cushy salaries in Washington (+40 percent), Los Angeles (+29 percent), Seattle (+28 percent), and Baltimore (+17 percent). Functional Analysts in San Antonio earn salaries far below the national average by 34 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Workers in Lawrence and Minneapolis earn salaries that trail the national average for those in this profession (34 percent less and 15 percent less, respectively).

Related Job Salaries

Key Stats for Functional Analyst

Gender

Female
39 %
Male
61 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.
Less than 1 year
5%
1-4 years
38%
5-9 years
23%
10-19 years
27%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Functional Analyst Salaries

▲52%

▲32%

▲22%

National Average
$71,000

▼16%

Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
▲44%

Project Management
▲41%

Requirements Analysis
▲13%

SAP Enterprise Resource Planning (ERP)
▲12%

SQL
▲7%



National Average
$71,000

▼15%

Functional Analysis
▼22%

Microsoft Excel
▼32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
5%
1-4 years
38%
5-9 years
23%
10-19 years
27%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 80%
vision benefits
Vision: 73%
no benefits
None: 9%
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