Earnings for Functional Analysts in the United States come in at around $70K per year on average. Cash earnings for Functional Analysts — including $10K in bonuses and $24K in profit sharing proceeds near the top of the pay scale — generally stretch from $43K to $114K depending on individual performance. This group's pay is mainly influenced by experience level, followed by the particular city and the individual firm. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Most people who answered the questionnaire are men; 62 percent of Functional Analysts are male. Job satisfaction is high and work is enjoyable for most Functional Analysts. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$43,572 - $104,287
(Median)
$44K
$70K
$100K
MEDIAN: $70,431
10%
50%
90%

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$16.42 - $61.12
(Median)
$16
$37
$61
MEDIAN: $37.00
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
$43,572 - $104,287  
   
Bonus
$206.08 - $10,281  
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).
)
$43,011 - $113,979  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 253
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
$16.42 - $61.12  
   
Overtime
$38.23  
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
$206.08 - $10,281  
   
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).
)
$43,011 - $113,979  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 31
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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


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

Popular Skills for Functional Analyst


Functional Analysts generally report applying a varied skill set to their work. Most notably, facility with SAP Sales and Distribution, Project Management, and SAP Enterprise Resource Planning (ERP) are correlated to pay that is significantly above average, leading to increases of 39 percent, 33 percent, and 11 percent, respectively. Microsoft Excel and Data Analysis as skills, however, tend to be associated with significantly smaller paychecks. Most people who know Business Analysis also know Oracle eBusiness Suite.

Pay by Experience Level for Functional Analyst

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. The average beginner in this position makes around $60K, but folks who have been around for five to 10 years see a markedly higher median salary of $83K. The average pay reported by folks with 10 to 20 years of experience is around $93K. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $111K.

Related Job Salaries

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Experience Affects Functional Analyst Salaries

Late-Career
up arrow 51%



National Average
$74,000


Skills That Affect Functional Analyst Salaries

SAP Sales and Distribution (SAP SD)
up arrow 39%

Project Management
up arrow 33%

SAP Enterprise Resource Planning (ERP)
up arrow 11%

Requirements Analysis
up arrow 9%


SQL
up arrow 3%

Business Analysis
0%

National Average
$74,000


Microsoft Excel
up arrow 35%

Job Satisfaction

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

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
26%
10-19 years
26%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 82%
medical benefits
Vision: 76%
dental benefits
None: 8%
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