Planning Analyst Salary
A Planning Analyst earns an average salary of $58,824 per year. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience. Most people with this job move on to other positions after 20 years in this field.
Job Description for Planning Analyst
Planning analysts examine marketing trends, sales performance, efficiency, and many other metrics to create plans to improve company performance. These plans may include the implementation of new procedures, technology acquisition, marketing strategies, and changes to the manufacturing processes. The specific day-to-day tasks performed by planning analysts are often unique to the industry in which the planning analyst works. Planning analysts work for a wide variety of organizations, including private companies, medical organizations, government agencies, and non-profit organizations. Some planning analysts work as independent contractors for multiple clients. The planning analyst typically works in an office environment during regular business hours, although overtime may be required depending on the needs of their employer. They may report to planning supervisors or may perform that role themselves.Read More...
At least a bachelor's degree in finance, business, accounting, or a related field is typically required for planning analyst positions. Additionally, many employers prefer applicants who hold master's degrees. Additionally, relevant licensing or certification may be preferred. The most vital skills for planning analysts include the ability to interpret many kinds of data, the ability to discover relevant patterns and trends in that data, a deep understanding of mathematics, and the critical analysis skills necessary to interpret what this data means to the industry in general and the organization in particular.
Planning Analyst Tasks
- Maintain the corporate business continuity program that addresses disaster recovery and business continuity.
- Analyze and report on implications of regulatory requirements and industry guidance on BCP/DR programs.
- Perform risk analyses for functional areas to identify points of vulnerability, single points of failure, and identify risk avoidance and mitigation strategies.
- Work with IT department to develop/maintain disaster recovery plans for critical systems and applications.
- Plan and coordinate business continuity technical and user testing.
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