Research Analyst Salary

Wood Mackenzie is a desirable employer for Research Analysts where the median salary comes in around $79K, beating the field's national median of $52K per year. Other leaders in compensation levels are Booz, Allen, and Hamilton at $75K, Corporate Executive Board (CEB) at $67K, and Jones Lang LaSalle, where Research Analysts annually earn $64K. The data for this synopsis comes from respondents who took the PayScale salary survey.

$38,743 - $76,224
$39K
$52K
$76K
MEDIAN: $51,754
10%
50%
90%

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$13.65 - $29.52
$14
$20
$30
MEDIAN: $19.51
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$38,743 - $76,224  
   
Bonus
$204.49 - $14,746  
Profit Sharing
$700 - $18,000  
Commission
$3,750  
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).
)
$36,452 - $77,490  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 2,062
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$13.65 - $29.52  
   
Overtime
$18.76 - $41.93  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$204.49 - $14,746  
   
Commission
$3,750  
Profit Sharing
$700 - $18,000  
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).
)
$36,452 - $77,490  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 299

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Research Analyst

Research analysts must carefully examine data and produce meaningful information for their employer. This can involve not only drawing meaning from the data, but also checking to make sure the data is correct and using it to validate ideas and theories. When not examining or verifying information, a research analyst must work with their superiors to demonstrate what they have learned from their data and how it can be applied in the future for their business.

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Research Analyst Tasks

  • Use a variety of sources to research and analyze topics, becoming an expert in a field.
  • Collect and analyze quantitative data.
  • Present results in written and oral formats.
  • Interview clients or team members to identify information needs and deliverables.

Common Career Paths for Research Analyst


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Research Analysts who go on to become Analytics Managers may see their salaries climb quite a bit. Median pay for Analytics Managers is $99K annually. It is not unusual for a Research Analyst to become a Senior Research Analyst or a Data Analyst.

Research Analyst Job Listings

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Popular Employer Salaries for Research Analyst

Popular Skills for Research Analyst


Research Analysts seem to require a rather large skill set. Most notably, skills in Financial Analysis, Statistical Analysis, Presentations, and Technical Writing are correlated to pay that is above average, with boosts between 5 percent and 15 percent. Skills that seem to negatively impact pay include Online Research and Database Management & Reporting. Those educated in Data Analysis tend to be well versed in Microsoft Excel and Market Research.

Pay by Experience Level for Research Analyst

Pay by Experience for a Research Analyst has a positive trend. An entry-level Research Analyst with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 1,973 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Research Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $60,000 based on 432 salaries. An experienced Research Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 174 salaries. A Research Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 57 salaries.

Pay Difference by Location

National Average: $51,629

Larger city markers indicate a job is popular in that location.

Research Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 15 percent. Research Analysts will also find cushy salaries in Boston (+13 percent), Atlanta (+12 percent), Portland (+9 percent), and New York (+9 percent). Research Analysts in Salt Lake City report much lower salaries than the rest of the country — 22 percent below the national average — proving that residence is a major factor in overall pay. Employers also pay below the national average in Dallas (12 percent lower) and Houston (10 percent lower).

Research Analyst Reviews

Q: What is it like working as a Research Analyst?

Research Analyst in Overland Park:
"Great job, low pay."
Pros: Flexible, able to do different projects on different days. Tight knit team and good co-workers.
Cons: Low pay, I have many responsibilities and and am trusted with highly classified info, more so than what the pay scale would suggest.

Research Analyst in Dallas:
"Great Company."
Pros: I've very much enjoyed the atmosphere, the wide array of service lines they operate in, and the people. Definitely a great work/life balance. Good compensation.
Cons: Nothing bad to say about the company as of yet.

Research Analyst in Chicago:
Pros: Assisting with executive search projects. Being in charge of the recruitment process for new data analyst.
Cons:

Research Analyst in Honolulu:
Pros: I enjoy being able to learn all aspects of real estate and work with many different people in all areas of the business.
Cons: Management does not communicate to each other or me and the department which causes a lot of inefficiency and disconnect.

Related Job Salaries

Key Stats for Research Analyst

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 295 votes.
Less than 1 year
13%
1-4 years
63%
5-9 years
16%
10-19 years
6%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Research Analyst Salaries

▲40%

▲36%

▲16%

National Average
$52,000

▼2%

Skills That Affect Research Analyst Salaries






▲2%



Data Analysis
▼0%

Market Research
▼0%

National Average
$52,000






Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 295 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
13%
1-4 years
63%
5-9 years
16%
10-19 years
6%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 73%
vision benefits
Vision: 61%
no benefits
None: 12%