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Pricing Analyst Salary

The average Pricing Analyst in the United States can expect to rake in roughly $50K annually. Cash earnings for Pricing Analysts — including $7K in bonuses and $4K in profit sharing proceeds near the top of the pay scale — generally stretch from $36K to $71K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by experience level. The majority of workers are highly satisfied with their job. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$38,001 - $68,969
(Median)
38K
44K
50K
59K
69K
MEDIAN: $50,399
10%
25%
50%
75%
90%

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$13.12 - $28.84
(Median)
13
16
19
22
29
MEDIAN: $18.00
10%
25%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

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$24K$48K$72K
Salary
$38,001 - $68,969  
   
Bonus
$0.00 - $6,641  
Profit Sharing
$297.99 - $4,027  
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).
)
$36,074 - $70,884  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,204
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$15$30$45
Hourly Rate
$13.12 - $28.84  
   
Overtime
$19.92 - $42.04  
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$30K$60K$90K
Bonus
$0.00 - $6,641  
   
Profit Sharing
$297.99 - $4,027  
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).
)
$36,074 - $70,884  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 186
United States (change)

Job Description for Pricing Analyst

Pricing analysts study pricing to determine the best target price for their business. While many businesses hire a full-time pricing analyst, some are hired as consultants to work on a single project or for a short amount of time.

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Pricing Analyst Tasks

  • Work with cross functional teams to define floor, target and ceiling pricing for project job components.
  • Scope the issue then define, build and implement solution to measure price effectively.
  • Identify, scope and execute strategic price process improvement projects.
  • Proactively communicate metrics and project objectives, status, barriers and results to all levels of the organization.

Common Career Paths for Pricing Analyst


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While Pricing Analysts do not often become Pricing Managers, the job pays $82K per year on average. Pricing Analysts most often move into positions as Senior Pricing Analysts or Senior Financial Analysts; those groups report median salaries that are $18K higher and $24K higher, respectively.

Pricing Analyst Job Listings

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Popular Skills for Pricing Analyst


Pricing Analysts report using a diverse set of skills on the job. Most notably, skills in SAS, SQL, Statistical Analysis, and Financial Analysis are correlated to pay that is above average, with boosts between 6 percent and 8 percent. For most people, competency in Data Analysis indicates knowledge of Pricing.

Pay by Experience Level for Pricing Analyst

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


Workers in their first five years can expect to earn $49K, but people who have been around for five to 10 years earn a noticeably bigger sum of $57K. For Pricing Analysts, 10 to 20 years of experience on the job amounts to an average salary of $60K. Respondents who boast more than 20 years of experience can't seem to boast paychecks reflecting that extensive experience, though; veteran Pricing Analysts report making only $52K on average.

Pay Difference by Location


New York is home to an above-average pay rate for Pricing Analysts, 25 percent higher than the national average. Pricing Analysts can also look forward to large paychecks in cities like Los Angeles (+13 percent), Washington (+12 percent), Columbus (+10 percent), and Boston (+7 percent). With compensation 7 percent below the national average, Miami is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Phoenix and Dallas earn salaries that trail the national average for those in this profession (3 percent less and 2 percent less, respectively).

Pricing Analyst Reviews

What is it like working as a Pricing Analyst?

Pricing Analyst in Tacoma:
Pros: A lot of flexibility to define own workload, projects, etc. Fascinating to work with the complex data of a trucking company. It's a challenge to find the relevant trends and stories the data tells you about the story of how the company is conducting business. There is a lot of opportunity for someone with vision to simplify the story and optimize operations/sales efforts.
Cons: Little guidance, training, or development. Management feels aloof, bouncing from various meetings. Pay and benefits are weak, and it's difficult to see the direct contribution you make to the overall success of the company.

Related Job Salaries

Experience Affects Pricing Analyst Salaries




National Average
$50,000


Skills That Affect Pricing Analyst Salaries

SAS
up arrow 8%

SQL
up arrow 7%

Statistical Analysis
up arrow 6%

up arrow 5%


Data Analysis
up arrow 3%

Microsoft Excel
up arrow 2%

Microsoft Access
up arrow 1%

National Average
$50,000

Microsoft Office
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 333 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
13%
1-4 years
57%
5-9 years
19%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 69% employee benefits None: 7%