Production Analyst Salary
The average Production Analyst in the United States earns approximately $52K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Production Analysts survey participants are largely women, dominating at 61 percent. Most Production Analysts like their work and job satisfaction is high. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Job Description for Production Analyst
A production analyst helps plan and execute efficient production flow for their company's goods, data or information. The analyst works to design scheduling and staffing models that provide the best optimization of labor cost and production volume and efficiency. They ensure that proper quality assurance is provided for any products or data produced by the company as well. Finally, the production analyst works to identify and correct any equipment failures, hardware problems or data storage difficulties that may result in product defects or useless data.Read More...
A production analyst typically works with other teams and managers to determine expected production runs within the manufacturing or data information process. They also monitor the production process as it happens, documenting all unexpected slowdowns, working proactively to identify new bottlenecks, acting to repair any malfunctioning equipment or hardware, and noting any needed employee training or retraining on software or controls to improve efficiency.
Because the role of a production analyst can vary greatly by employer, education and background requirements may also vary greatly. At least a bachelor's degree in industrial engineering, information technology, computer science or another relevant field may be needed. Experience in a related role is generally required or preferred as well.
Production Analyst Tasks
- Monitor production processes and computer programs to ensure they run reliably and accurately.
- Suggest updates in technology or equipment replacements to make production more efficient.
- Oversee the resolution of system problems when they occur.
Production Analyst Job Listings
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Popular Skills for Production Analyst
Production Analysts generally report applying a varied skill set to their work. Most notably, facility with Loan Underwriting and SQL are correlated to pay that is significantly above average, leading to increases of 20 percent and 17 percent, respectively. At the other end of the pay range are skills like Data Analysis, Microsoft Access, and Microsoft Office. Most people experienced in Microsoft Excel also know Data Analysis.
Pay by Experience Level for Production Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Production Analysts, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Those who have worked for fewer than five years take home a median salary of $47K, and workers with five to 10 years of experience earn a higher $58K on average. Production Analysts see a median salary of $62K after reaching one to two decades on the job. Survey participants who have worked for more than two decades report bringing in $80K on average.