$60,600
Avg. Salary
$17.78
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$4,096

Profit Sharing

$2,013

The average pay for a Product Analyst with Product Development skills is $17.78 per hour.

The average pay for a Product Analyst with Product Development skills is $60,600 per year.

$47k
10%
$61k
50%
$90k
90%
MEDIAN $60,600
$47,077 - $89,614
$47K
$61K
$90K
MEDIAN: $60,600
10%
50%
90%

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$12.19 - $30.99
$12
$18
$31
MEDIAN: $17.78
10%
50%
90%

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$0$93K
Salary $47,077 - $89,614
Bonus $758 - $10,134
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).
)
$45,645 - $93,032
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 281
Hourly Data $0$39
Hourly Rate $12.19 - $30.99
Overtime $32.56
Annual Data $0$93K
Bonus $758 - $10,134
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).
)
$45,645 - $93,032
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2018
  • Individuals Reporting: 13

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.

Product Analyst Reviews

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

Product Analyst in Dallas:
Pros: Atmosphere, and the opportunity to learn and interact with upper management.
Cons: The salary.

Product Analyst in Miramar:
Pros: The people.
Cons: The pay is too low.

Product Analyst in Dallas:
"Great people, growing company."
Pros: The people. Dedicated, friendly, helpful people at all levels.
Cons: Unclear leadership, too many priorities, very late nights required nearly weekly, poor pay, little growth opportunity, no grooming/trianing.

Key Stats for Product Analyst

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.
Less than 1 year
9%
1-4 years
56%
5-9 years
21%
10-19 years
11%
20 years or more
3%

Experience Affects Product Analyst Salaries

Experienced
▲41%

Late-Career
▲26%

Mid-Career
▲19%

National Average
$62,000

▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 43 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
9%
1-4 years
56%
5-9 years
21%
10-19 years
11%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 87%
vision benefits
Vision: 78%
no benefits
None: 9%