The average salary for a Functional Analyst is $74,154.
Tell us about your job and pay factors like skills and education Find your market worth with a report tailored to you Negotiate your pay with confidence
What Do Functional Analysts Do?
The main responsibilities of a functional analyst include conducting analyses, measuring various areas of performance, and developing process improvement initiatives. Functional analysts may also be required to assist in reviewing or creating documentation pertaining to technical fields.
Although much of the functional analyst's work is performed alone, communications and presentation skills are needed to train and inform other staff. The analyst also spends a great deal of time interacting wi…Read more
Functional Analyst Tasks
- Analyze business and user needs, document requirements and translate into proper system requirements specifications.
- Document requirements and specifications in accordance with program and enterprise level standard operating procedures.
- Coordinate and participate in feasibility studies and implementations.
- Formulate and define system scope and objectives based on user needs.
Job Satisfaction for Functional Analyst
Popular Employer Salaries for Functional Analyst
The top respondents for the job title Functional Analyst are from the companies General Dynamics Information Technology Inc, Accenture and Compusearch Software Systems, Inc.. Reported salaries are highest at Michelin North America, Inc. where the average pay is $83,416. Other companies that offer high salaries for this role include Compusearch Software Systems, Inc., earning around $75,900. General Dynamics Information Technology Inc pays the lowest at around $53,000. Accenture also pays on the lower end of the scale, paying $72,414.
Explore the most common career paths for Functional Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner
to research other job paths.
Project Manager, Information Technology ...
Somewhat common (8 - 20%)
Functional Analyst Job Listings
What Are Popular Skills for Functional Analysts?
Skills in Business Analysis and Requirements Analysis are correlated to pay that is above average. Skills that pay less than market rate include System Testing, Data Analysis and Functional Analysis.
What is the Pay by Experience Level for Functional Analysts?
An entry-level Functional Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $59,248 based on 22 salaries. An early career Functional Analyst with 1-4 years of experience earns an average total compensation of $64,790 based on 193 salaries. A mid-career Functional Analyst with 5-9 years of experience earns an average total compensation of $84,090 based on 94 salaries. An experienced Functional Analyst with 10-19 years of experience earns an average total compensation of $93,083 based on 106 salaries. In their late career (20 years and higher), employees earn an average total compensation of $90,176.
Pay Difference by Location
Employees with Functional Analyst in their job title in Seattle, Washington earn an average of 26.1% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (12.5% more) and Washington, District of Columbia (7.8% more). The lowest salaries can be found in San Antonio, Texas (24.5% less) and Baltimore, Maryland (11.0% less).
Years of Experience
This data is based on 463 survey responses.