Functional Analyst Salary

An average Functional Analyst in the United States can expect to take home roughly $70K annually. In the world of Functional Analysts, overall cash allowance can occasionally include more than $15K from bonuses and, in some exceptional cases, $25K from profit sharing, causing incomes to vary widely between $46K and $114K. The most influential factor affecting pay for this group is geographic location, though experience level and the specific company have a (lesser) impact as well. Work is enjoyable for Functional Analysts, who typically claim high levels of job satisfaction. Women are just slightly outnumbered, with male Functional Analysts making up 59 percent of survey respondents. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The data in this summary comes from the PayScale salary survey.
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$45,551 - $107,155
$46K
$70K
$110K
MEDIAN: $69,822
10%
50%
90%

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$17.61 - $59.73
$18
$36
$60
MEDIAN: $35.78
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
$45,551 - $107,155  
   
Bonus
$251.68 - $14,594  
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).
)
$45,696 - $114,374  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 261
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
$17.61 - $59.73  
   
Overtime
$36.13  
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
$251.68 - $14,594  
   
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).
)
$45,696 - $114,374  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 31

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 transition into upper-level Information Technology Project Manager positions. Information Technology Project Managers earn a median of $86K per year.

Functional Analyst Job Listings

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Popular Employer Salaries for Functional Analyst


For Functional Analysts, comfortable salaries can be found at Caci International Inc; in fact, median earnings sit around $63K, the highest in the area.

Bringing up the rear, General Dynamics Information Technology Inc's median pay of $48K is the lowest in town; however, employee salaries widely range, with some making up to $110K.

Popular Skills for Functional Analyst


Survey results show that Functional Analysts use a fair number of 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 42 percent, 39 percent, and 11 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. Those proficient in Business Analysis are, more often than not, also skilled in 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: $71,955

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

Houston offers some of the highest pay in the country for Functional Analysts, 41 percent above the national average. Functional Analysts can also look forward to large paychecks in cities like Washington (+38 percent), Los Angeles (+27 percent), Seattle (+26 percent), and Baltimore (+15 percent). Location significantly influences compensation, with San Antonio Functional Analysts earning much less — 35 percent less — than the national average. Lawrence and Minneapolis are a couple other places where companies are known to pay below the median — salaries are 35 percent lower and 17 percent lower, respectively.

Related Job Salaries

Key Stats for Functional Analyst

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 44 votes.
Less than 1 year
3%
1-4 years
39%
5-9 years
22%
10-19 years
29%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Functional Analyst Salaries

▲50%

▲30%

▲20%

National Average
$72,000

▼17%

Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
▲42%

Project Management
▲39%

Requirements Analysis
▲11%

SAP Enterprise Resource Planning (ERP)
▲10%

SQL
▲6%


National Average
$72,000


▼16%

Functional Analysis
▼24%

Microsoft Excel
▼33%

Job Satisfaction

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

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
3%
1-4 years
39%
5-9 years
22%
10-19 years
29%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
vision benefits
Vision: 76%
no benefits
None: 8%
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