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Rate Analyst Salary

For Rate Analysts, annual average wages total $50K per year. Medical benefits are awarded to almost all, and a large number earn dental coverage. Most workers in this position report high levels of job satisfaction. Men working as Rate Analysts who took the survey just slightly outnumber women at 57 percent. The figures in this rundown are based on the results of PayScale's salary questionnaire.
$34,995 - $79,215
(Median)
35K
50K
62K
79K
MEDIAN: $50,484
10%
50%
75%
90%

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$11.88 - $24.79
(Median)
12
15
17
25
MEDIAN: $17.00
10%
25%
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$28K$56K$84K
Salary
$34,995 - $79,215  
   
Bonus
$0.00 - $11,745  
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).
)
$31,601 - $82,218  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 65
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$14$28$42
Hourly Rate
$11.88 - $24.79  
   
Overtime
$8.14 - $25.47  
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$28K$56K$84K
Bonus
$0.00 - $11,745  
   
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).
)
$31,601 - $82,218  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 21
United States (change)

Job Description for Rate Analyst

  • Research and recommend changes to the current rate calculation or structure.
  • Draft proposals and present findings to a panel of reviewers.
  • Evaluate and analyse existing rates across multiple industries.

Rate Analyst Job Listings

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Survey takers who work as Rate Analysts usually report a few specific skills. Data Analysis and Microsoft Excel are considered valuable skills and can increase employee pay. Skills that are correlated to lower pay, on the other hand, include Microsoft Excel and Data Analysis.

Pay by Experience Level for Rate Analyst

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


Survey participants with less than five years' experience pocket $41K on average, but those with five to 10 years of experience enjoy a much bigger median of $55K. Rate Analysts bring in $48K after working for 10 to 20 years. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $61K on average.

Related Job Salaries

Experience Affects Rate Analyst Salaries

Late-Career
up arrow 30%

Mid-Career
up arrow 18%

Experienced
up arrow 2%

National Average
$47,000

Entry-Level
up arrow 12%

Skills That Affect Rate Analyst Salaries

National Average
$47,000

Data Analysis
up arrow 11%

Microsoft Excel
up arrow 15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 9 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
38%
10-19 years
15%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 83%
vision benefits Vision: 69% employee benefits None: 5%