Functional Analyst Salary

Functional Analysts in the United States can expect wages of $70K annually on average. Cash earnings for Functional Analysts — which occasionally include more than $12K from bonuses and more than $15K from profit sharing — stretch from around $44K to approximately $111K. While years of experience and the particular employer impact pay for this group, location is the most influential factor. Women are just slightly outnumbered, with male Functional Analysts making up 59 percent of survey respondents. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Job satisfaction is high and work is enjoyable for most Functional Analysts. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$44,459 - $105,427

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$16.67 - $51.71

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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
$44,459 - $105,427  
   
Bonus
$0.00 - $11,601  
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).
)
$44,064 - $111,157  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 352
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
$16.67 - $51.71  
   
Overtime
$13.38 - $40.00  
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 - $11,601  
   
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).
)
$44,064 - $111,157  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 36
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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


Functional Analysts seeking a sizable paycheck can earn the most at Caci International Inc, where the average salary comes to $63K.

Offering a median salary of only $51K, Xerox Corporation pays the least. Not only that, but the earnings range of $34K to $94K is pretty narrow, too.

Popular Skills for Functional Analyst


Survey results suggest that Functional Analysts use a fairly large toolkit 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 35 percent, 20 percent, and 13 percent, respectively. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. Those proficient in Business Analysis are, more often than not, also skilled in 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 $79K. Functional Analysts with one to two decades of relevant experience report an average salary of approximately $88K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $79K on average.

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Experience Affects Functional Analyst Salaries

Experienced
up arrow 24%

Mid-Career
up arrow 12%

Late-Career
up arrow 11%

National Average
$71,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 35%

Project Management
up arrow 20%

Requirements Analysis
up arrow 13%

Oracle eBusiness Suite
up arrow 9%

SQL
up arrow 7%

Business Analysis
up arrow 4%

National Average
$71,000


Microsoft Excel
up arrow 32%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 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: 90% dental benefits Dental: 81%
vision benefits Vision: 71% employee benefits None: 9%
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