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Pricing Analyst Salary

The average Pricing Analyst in the United States can expect to rake in roughly $51K per year. Cash earnings for Pricing Analysts — which occasionally include more than $7K from bonuses and more than $4K from profit sharing — stretch from around $37K to approximately $71K. Earnings for this group are mostly affected by geography, followed by the company and years of experience. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. For the most part, Pricing Analysts enjoy their work and report high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
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$38,495 - $69,124
(Median)
$38K
$51K
$69K
MEDIAN: $50,808
10%
50%
90%

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$13.29 - $28.53
(Median)
$13
$19
$29
MEDIAN: $18.00
10%
50%
90%

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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
$38,495 - $69,124  
   
Bonus
$0.00 - $6,730  
Profit Sharing
$304.10 - $4,041  
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).
)
$36,505 - $70,987  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 1,251
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
$13.29 - $28.53  
   
Overtime
$21.67 - $42.28  
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 - $6,730  
   
Profit Sharing
$304.10 - $4,041  
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).
)
$36,505 - $70,987  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 192

Find Out Exactly What You Should Be Paid

United States (change)


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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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Pricing Analysts sometimes assume positions such as Pricing Managers. That role pays $83K per year on average. It is quite typical for Pricing Analysts to transition into roles as Senior Pricing Analysts or Senior Financial Analysts, where reported median earnings are $18K and $24K higher per year.

Pricing Analyst Job Listings

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Popular Employer Salaries for Pricing Analyst


Popular Skills for Pricing Analyst


Pricing Analysts report using a wide range of professional skills. Most notably, skills in SAS, SQL, Statistical Analysis, and Financial Analysis are correlated to pay that is above average, with boosts between 5 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.


Salaries for the relatively untried average out to around $50K, but survey participants with five to 10 years of experience earn a significantly higher median of $57K. Pricing Analysts who work for 10 to 20 years in their occupation tend to earn about $60K. Pricing Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks of $52K.

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 will also find cushy salaries in Los Angeles (+18 percent), San Diego (+16 percent), Washington (+11 percent), and Columbus (+8 percent). Milwaukee ranks last in the field for pay, reporting salaries 9 percent below the national average. Miami and Cleveland are a couple other places where companies are known to pay below the median — salaries are 7 percent lower and 2 percent lower, respectively.

Pricing Analyst Reviews

What is it like working as a Pricing Analyst?

Pricing Analyst in Chicago:
Pros: The people are good. Love the work. We have good systems and data. Lower management is good. Job flexibility is good.
Cons: Merit raises (the only raises you get) are awful as they often only meet CPI or are less which does not lend to making you feel you did a good job. Bonus' have to be wrangled though they were promised during the hiring process. Benefits are cut every year.Too many pats on the back without the accompanying dollars in the paycheck.

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.

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United States (change)

Experience Affects Pricing Analyst Salaries




National Average
$51,000


Skills That Affect Pricing Analyst Salaries

SAS
up arrow 8%

SQL
up arrow 7%

Statistical Analysis
up arrow 5%

Financial Analysis
up arrow 4%

Pricing
up arrow 3%

Data Analysis
up arrow 2%

Microsoft Excel
up arrow 1%

Microsoft Access
up arrow 1%

National Average
$51,000

Microsoft Office
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 303 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
13%
1-4 years
56%
5-9 years
20%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 70% employee benefits None: 8%
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