$60,308
Avg. Salary

Average additional compensation for this job:

Bonus

$4,629

Profit Sharing

$2,013

The average salary for a Product Analyst with Product Development skills is $60,511 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

$46,768 - $89,370
$47K
$60K
$89K
MEDIAN: $60,308
10%
50%
90%

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$11.99 - $31.52
$12
$18
$32
MEDIAN: $17.78
10%
50%
90%

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$0$92K
Salary $46,768 - $89,370
Bonus $758 - $10,071
Profit Sharing $690 - $7,152
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).
)
$45,119 - $92,897
  • Country: United States
  • Currency: USD
  • Updated: 13 Aug 2018
  • Individuals Reporting: 287
Hourly Data $0$39
Hourly Rate $11.99 - $31.52
Overtime $32.56
Annual Data $0$92K
Bonus $758 - $10,071
Profit Sharing $690 - $7,152
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).
)
$45,119 - $92,897
  • Country: United States
  • Currency: USD
  • Updated: 13 Aug 2018
  • Individuals Reporting: 11

Job Description for Product Analyst

A product analyst is a specific type of business analyst involved in their employer's strategic review and planning process, analyzing existing products and potential new products the firm may wish to bring to market. The product analyst generally works for a single firm, though they may sometimes be hired on as independent consultants or contractors by companies seeking the viewpoint of an outsider. These professionals are found in many industries, meaning different skills and ranges of professional knowledge are required depending on the position; additionally, a product analyst may be involved at either a high level, advising upper management, or they may be deeply involved in a specific review of a product's features and uses. For example, a product analyst for a software firm may be involved in the review of the user interfaces for products to improve user experience, while a high-level product analyst for a toy manufacturer might be involved in market research and focus groups to identify market gaps in the educational toy market.

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Product Analyst Tasks

  • Partner with product managers and clients to identify, document, and evaluate product requirements and roadmaps.
  • Analyze data to provide recommendations and reports on existing and prospective products.
  • Create, maintain, and update product information, and act as an expert internally and externally.
  • Perform user test sessions and market surveys to inform product development teams.

Product Analyst Job Listings

Pay by Experience Level for Product Analyst

Pay by Experience for a Product Analyst has a positive trend. An entry-level Product Analyst with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 99 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $74,000 based on 40 salaries. An experienced Product Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $87,000 based on 22 salaries. A Product Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $78,000 based on 6 salaries.

Key Stats for Product Analyst

Gender

Female
38 %
Male
62 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.
Less than 1 year
9%
1-4 years
53%
5-9 years
23%
10-19 years
11%
20 years or more
3%

Experience Affects Product Analyst Salaries

Experienced
▲41%

Late-Career
▲27%

Mid-Career
▲19%

National Average
$62,000

▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
9%
1-4 years
53%
5-9 years
23%
10-19 years
11%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 86%
vision benefits
Vision: 76%
no benefits
None: 10%