Performance Improvement Analyst Salary
Performance Improvement Analysts in the United States take home approximately $61K per year on average. Residence and tenure each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and most earn dental coverage. Men working as Performance Improvement Analysts who took the survey just slightly outnumber women at 52 percent. Job satisfaction is reported as high by the vast majority of workers. The numbers in this rundown were provided by PayScale's salary survey participants.
Job Description for Performance Improvement Analyst
A performance improvement analyst's main duty is to identify and develop strategic plans to help improve procedures and strategies in their company's projects. Additionally, a performance improvement analyst develops training programs for departments across their organization to encourage employee productivity and update operational systems to best fit clients' needs. These professionals also compile data such as quality, internal financial, and satisfaction data; they use this data to incorporate new methods into company practices to increase individual and team performance. Performance improvement analysts works in numerous industries, such as the health care and financial management. These professionals generally work in an office setting during regular business hours.Read More...
A performance improvement analyst positions generally require at least a bachelor’s degree in business administration, industrial engineering, organizational psychology, or a related field. Some corporations also look for performance improvement analysts that have at least two years experience in the field in which they are applying, as well as strong project management experience. A performance improvement analyst should also acquire certification in LEAN and have knowledge of ISO and Quality.
Performance Improvement Analyst Tasks
- Collaborate with company administration to develop improvement plans.
- Identify improvement opportunities for processes and performance and implement strategies for success.
- Examine company processes for errors, mistakes in decision-making, inefficiency, and other factors that contribute to negative performance.
- Run training programs for staff to streamline processes.
Performance Improvement Analyst Job Listings
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Popular Skills for Performance Improvement Analyst
Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Process Improvement, Performance Analysis, Project Management, and Data Analysis are correlated to pay that is above average. Those listing Microsoft Excel and Data Analysis as skills, on the other hand, should be prepared for drastically lower pay. For most people, competency in Data Analysis indicates knowledge of Process Improvement.
Pay by Experience Level for Performance Improvement Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Performance Improvement Analysts, extensive experience does not lead to significantly more money. The average beginner in this position makes around $59K, but folks who have been around for five to 10 years see a markedly higher median salary of $69K. Performance Improvement Analysts with one to two decades of relevant experience report an average salary of approximately $71K. Veterans who have acquired more than 20 years report a median income of $73K, which is generally higher than the pay reported by other tenure groups.
Pay Difference by Location
For Performance Improvement Analysts, working in the bustling city of New York has its advantages, including an above-average pay rate. One of the biggest compensable factors for Performance Improvement Analysts is geography, with workers in Chicago earning a whopping 23 percent below the national average. Workers in Houston and Boston earn salaries that trail the national average for those in this profession (16 percent less and 10 percent less, respectively).