$58,255
Avg. Salary
$21.23
Avg. Hourly Rate

Average additional compensation:

$3,468

Bonus

$2,000

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Forecast Analyst is $21.23 per hour.

The average pay for a Forecast Analyst is $58,255 per year.

10%
$17.92
10%
$21.23
50%
$28.27
90%
90%
MEDIAN $21.23
10%
$44k
10%
$58k
50%
$83k
90%
90%
MEDIAN $58,255
$43,904 - $82,525
$44K
$58K
$83K
MEDIAN: $58,255
10%
50%
90%

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$17.92 - $28.27
$18
$21
$28
MEDIAN: $21.23
10%
50%
90%

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$0$85K
Salary $43,904 - $82,525
Bonus $984 - $8,064
Profit Sharing $970 - $10,067
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).
)
$41,367 - $85,451
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 294
Hourly Data $0$41
Hourly Rate $17.92 - $28.27
Overtime $30.50
Annual Data $0$85K
Bonus $984 - $8,064
Profit Sharing $970 - $10,067
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).
)
$41,367 - $85,451
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 29

Job Description for Forecast Analyst

Forecast analysts support their company's mission planning throughout the year to ensure that marketing, sales, supply, and production initiatives are in accordance with their target estimates. These analysts must evaluate forecast biases to identify and understand variables and root causes and adjust appropriately, and also provide analyses for the accounts, work with monthly operational and sales planning, attend meetings, and develop and maintain relationships with customers to improve forecast accuracy.

Read More...
Forecast Analyst Tasks
  • Track, analyze, and evaluate operations in order to provide accurate forecasts.
  • Suggest workflow/supply chain improvements based on analyses.
  • Create regular reports and forecasts, and evaluate past forecasts.
  • Acquire and interpret data.

Common Career Paths for Forecast Analyst


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Forecast Analyst Job Listings

Popular Skills for Forecast Analyst


Survey results suggest that Forecast Analysts put a wide range of professional skills to use. Most notably, skills in Financial Analysis, Data Analysis, Forecasting, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Inventory Management. For most people, competency in Data Analysis indicates knowledge of Microsoft Excel.

Pay by Experience Level for Forecast Analyst

Pay by Experience for a Forecast Analyst has a positive trend. An entry-level Forecast Analyst with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 106 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Forecast Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $67,000 based on 37 salaries. An experienced Forecast Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 33 salaries. A Forecast Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $64,000 based on 5 salaries.

Pay Difference by Location

15%

National Average: $59,357

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

For Forecast Analysts, busy Atlanta offers a higher-than-average pay rate, 20 percent above the national average. Forecast Analysts will also find cushy salaries in Houston (+7 percent) and New York (+7 percent). Dallas ranks last in the field for pay, reporting salaries 11 percent below the national average.

Related Job Salaries

Key Stats for Forecast Analyst

Gender

Female
37 %
Male
62 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.
Less than 1 year
7%
1-4 years
55%
5-9 years
22%
10-19 years
13%
20 years or more
4%

Related Jobs

Experience Affects Forecast Analyst Salaries

▲22%

▲12%

Late-Career
▲8%

National Average
$59,000

▼9%

Skills That Affect Forecast Analyst Salaries

Financial Analysis
▲9%

National Average
$59,000

Data Analysis
▼1%

▼2%


Inventory Management
▼17%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 50 votes.

Gender

Female
37 %
Male
62 %

Years of Experience

Less than 1 year
7%
1-4 years
55%
5-9 years
22%
10-19 years
13%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 79%
vision benefits
Vision: 73%
no benefits
None: 7%