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Functional Analyst Salary

For Functional Analysts, annual average wages total $69K per year. While the particular city and the individual firm impact pay for this group, experience level is the most influential factor. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Most workers in this position report high levels of job satisfaction. Male Functional Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 56 percent of the field. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$45,241 - $107,034
(Median)
45K
69K
88K
110K
MEDIAN: $69,479
10%
50%
75%
90%

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$15.66 - $47.97
(Median)
16
21
28
33
48
MEDIAN: $27.00
10%
25%
50%
75%
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
$45,241 - $107,034  
   
Bonus
$0.00 - $10,819  
Profit Sharing
$509 - $11,792  
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).
)
$44,425 - $112,705  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 312
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
$15.66 - $47.97  
   
Overtime
$6.61 - $40.31  
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 - $10,819  
   
Profit Sharing
$509 - $11,792  
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).
)
$44,425 - $112,705  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 26
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

  • 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


Although Accenture leads the field in pay with a median salary of $66K, employees there receive a wide spread of salaries, from $30K on the low end all the way up to $127K at the top.

With a median salary of only $51K, Xerox Corporation pays the least. It seems that the compensation range of $34K to $94K isn't that wide, either.

Popular Skills for Functional Analyst


Functional Analysts seem to require a number of specific skills. Most notably, facility with SAP Sales and Distribution, Oracle eBusiness Suite, and SQL are correlated to pay that is significantly above average, leading to increases of 43 percent, 30 percent, and 10 percent, respectively. Those listing Microsoft Excel and Data Analysis as skills, on the other hand, should be prepared for drastically lower pay. Business Analysis and Data Analysis are also commonly seen together.

Pay by Experience Level for Functional Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Relatively untried employees who have less than five years' experience make $59K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $76K. After working for 10 to 20 years, Functional Analysts make a median salary of $88K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $76K.

Related Job Salaries

Experience Affects Functional Analyst Salaries

Experienced
up arrow 28%

Mid-Career
up arrow 10%

Late-Career
up arrow 10%

National Average
$69,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 43%

Oracle eBusiness Suite
up arrow 30%

SQL
up arrow 10%

Requirements Analysis
up arrow 8%

Business Analysis
up arrow 2%

National Average
$69,000

Data Analysis
up arrow 12%

Microsoft Excel
up arrow 29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 67 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
7%
1-4 years
34%
5-9 years
22%
10-19 years
30%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 81%
vision benefits Vision: 70% employee benefits None: 8%