The average salary for a Research Analyst is $55,446.
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What Do Research Analysts Do?
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.
Research analysts can be found in bo…Read more
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.
Job Satisfaction for Research Analyst
Popular Employer Salaries for Research Analyst
The top respondents for the job title Research Analyst are from the companies The Cadmus Group, Inc., Ipsos and Gartner Group Inc. Reported salaries are highest at McKinsey & Company, Inc. where the average pay is $74,048. Other companies that offer high salaries for this role include Gartner Group Inc and Jones Lang LaSalle, earning around $62,659 and $58,326, respectively. The Cadmus Group, Inc. pays the lowest at around $48,445. Ipsos and ICF International also pay on the lower end of the scale, paying $48,714 and $51,425, respectively.
Research Analyst Job Listings
What Are Popular Skills for Research Analysts?
Skills in Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Online Research, Market Research, Microsoft Excel and Research Analysis.
What is the Pay by Experience Level for Research Analysts?
An entry-level Research Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,182 based on 627 salaries. An early career Research Analyst with 1-4 years of experience earns an average total compensation of $54,293 based on 2,969 salaries. A mid-career Research Analyst with 5-9 years of experience earns an average total compensation of $64,132 based on 780 salaries. An experienced Research Analyst with 10-19 years of experience earns an average total compensation of $70,568 based on 366 salaries. In their late career (20 years and higher), employees earn an average total compensation of $74,100.
Pay Difference by Location
Employees with Research Analyst in their job title in San Francisco, California earn an average of 12.4% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (10.6% more) and New York, New York (8.1% more). The lowest salaries can be found in Chicago, Illinois (0.5% less).
Years of Experience
This data is based on 4,848 survey responses.