Functional Analyst Salary

Functional Analysts in the United States can expect to earn an average of $69K annually. The most important factor affecting compensation for this group is career length, followed by geography and the individual firm. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Job satisfaction is reported as high by the vast majority of workers. Men make up a slight majority of Functional Analysts (59 percent) who responded to the survey. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$44,280 - $106,568
(Median)
$44K
$69K
$110K
MEDIAN: $68,915
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
$44,280 - $106,568  
   
Bonus
$0.00 - $10,500  
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).
)
$43,844 - $112,151  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 333
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 - $10,500  
   
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).
)
$43,844 - $112,151  
Country: United States | Currency: USD | Updated: 31 Mar 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


Employees at Caci International Inc enjoy the biggest paychecks, and $62K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $55K and higher ones not far away at only $84K.

Xerox Corporation seems to offer the smallest paychecks with a median salary of only $46K. The pay range is quite narrow, too; compensation generally sits between $39K and $92K.

Popular Skills for Functional Analyst


Functional Analysts report using a wide range of professional 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 9 percent, respectively. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. It is not unusual for someone who knows Business Analysis to be familiar with Data Analysis as well.

Pay by Experience Level for Functional Analyst

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


Respondents with less than five years' experience take home $59K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $75K. People with 10 to 20 years of experience make an average of about $88K in this role. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Functional Analysts report making only $77K on average.

Related Job Salaries

United States (change)

Experience Affects Functional Analyst Salaries

Experienced
up arrow 26%

Late-Career
up arrow 11%

Mid-Career
up arrow 9%

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 9%

Requirements Analysis
up arrow 8%

Business Analysis
up arrow 2%

National Average
$69,000


Microsoft Excel
up arrow 29%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 73 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
25%
10-19 years
28%
20 years or more
7%

Common Health Benefits

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