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If you’re thinking about going into an Analyst job in the US, you might be curious about how much a Senior Analyst’s salary is and what the work entails.
You may also be wondering how much is Accenture’s senior analyst salary, McKinsey’s senior analyst salary, and Wayfair’s senior analyst salary.
The Senior Analyst leads an analytical team or oversees a specific business unit within the analytical function to ensure that the vision, objectives, and organizational plans are met while adhering to national intelligence and analytical standards.
The senior analyst is one of the highest-paid professions in the healthcare industry, so becoming an analyst can be a rewarding career.
Therefore, continue reading to learn more about this field and how much money you can expect to make as a senior analyst working in the US.
See this related article: How Much Does a Pharmacist Salary in New Jersey? 2023 Pharmacist Salary in New Jersey
What Does It Mean To Be A Senior Analyst?
The Senior Analyst leads an analytical team or oversees a specific business unit within the analytical function to ensure that the vision, objectives, and organizational plans are met while adhering to national intelligence and analytical standards.
What is the Role of A Senior Analyst?
Generally, a senior business analyst is a professional that helps businesses find opportunities to improve their efficiency.
Also, Senior business analysts provide in-depth analysis services and suggest strategies to key partners and stakeholders of a company.
What is the Average Senior Analyst Salary
The average Senior Analyst salary in the United States is $100,509 but the salary range typically falls between $90,053 and $128,149.
Therefore, a Senior Analyst makes $100,509 `yearly.
You Can Check Out: How Much Does a Radiologist Make in California? 2023 Radiologist Salary in California
Factors Affecting the Salary of Senior Analysts
Salary ranges can vary widely depending on many important factors, including
- Education
- Certification
- Additional Skills
- Number of years spent in the profession
- Age and also, location.
How Much Does a Senior Analyst Make in the U.S
How Much Does A Senior Analyst Make A Year?
As of May 10, 2022, the average annual pay for a Senior Analyst in the United States is $86,998 a year.
Just in case you need a simple salary calculator, that works out to be approximately $41.83 an hour. This is the equivalent of $1,673/week or $7,250/month.
While ZipRecruiter reports yearly incomes as high as $140,000 and as low as $35,500, the majority of Senior Analyst salaries in the United States now range from $68,500 (25th percentile) to $100,000 (75th percentile), with top earners (90th percentile) earning $122,000.
Hence, the average compensation for a Senior Analyst ranges widely (up to $31,500), implying that there may be numerous prospects for growth and higher income dependent on skill level, location, and years of experience.
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How Much Do Senior Analysts Make a Month
The average monthly compensation for a Senior Analyst in the United States is $20,003 per month as of May 10, 2022.
While monthly salaries for a Senior Analyst vary from $22,500 (25th percentile) to $34,333 (75th percentile) on ZipRecruiter, most Senior Analyst salaries currently range from $22,500 (25th percentile) to $34,333 (75th percentile) across the United States.
Even with multiple years of experience, the typical salary range for a Senior Analyst varies little (about $10,833), implying that there are few prospects for greater compensation or development regardless of location.
How Much Do Senior Analyst Jobs Pay per Hour?
According to Salary.com, The average hourly wage for a Senior Analyst in the United States is $48, but the salary range typically falls between $43 and $62.
Also, the hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, and the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary for A Senior Analyst in the US Based on Location
| State | Avg. Salary | Hourly Rate | Job Count |
|---|---|---|---|
| Alabama | $79,069 | $38.01 | 456 |
| Alaska | $84,794 | $40.77 | 126 |
| Arizona | $84,929 | $40.83 | 944 |
| Arkansas | $63,304 | $30.43 | 275 |
| California | $96,423 | $46.36 | 4,975 |
| Colorado | $87,798 | $42.21 | 1,079 |
| Connecticut | $91,714 | $44.09 | 477 |
| Delaware | $80,454 | $38.68 | 246 |
| District of Columbia | $96,517 | $46.40 | 867 |
| Florida | $75,548 | $36.32 | 2,112 |
| Georgia | $82,891 | $39.85 | 1,315 |
| Hawaii | $84,506 | $40.63 | 170 |
| Idaho | $73,453 | $35.31 | 149 |
| Illinois | $87,564 | $42.10 | 1,849 |
| Indiana | $75,514 | $36.30 | 623 |
| Iowa | $79,286 | $38.12 | 271 |
| Kansas | $70,091 | $33.70 | 291 |
| Kentucky | $74,079 | $35.61 | 339 |
| Louisiana | $79,336 | $38.14 | 217 |
| Maine | $79,529 | $38.24 | 107 |
| Maryland | $97,051 | $46.66 | 1,117 |
| Massachusetts | $96,315 | $46.31 | 1,426 |
| Michigan | $86,928 | $41.79 | 704 |
| Minnesota | $88,880 | $42.73 | 865 |
| Mississippi | $72,003 | $34.62 | 133 |
| Missouri | $83,817 | $40.30 | 581 |
| Montana | $74,623 | $35.88 | 110 |
| Nebraska | $82,269 | $39.55 | 231 |
| Nevada | $75,239 | $36.17 | 239 |
| New Hampshire | $86,356 | $41.52 | 170 |
| New Jersey | $100,313 | $48.23 | 1,137 |
| New Mexico | $77,993 | $37.50 | 181 |
| New York | $97,679 | $46.96 | 2,243 |
| North Carolina | $89,815 | $43.18 | 1,303 |
| North Dakota | $73,401 | $35.29 | 83 |
| Ohio | $86,544 | $41.61 | 1,073 |
| Oklahoma | $79,860 | $38.39 | 224 |
| Oregon | $83,436 | $40.11 | 619 |
| Pennsylvania | $83,891 | $40.33 | 1,355 |
| Rhode Island | $91,330 | $43.91 | 179 |
| South Carolina | $77,833 | $37.42 | 342 |
| South Dakota | $75,464 | $36.28 | 87 |
| Tennessee | $73,651 | $35.41 | 543 |
| Texas | $88,527 | $42.56 | 2,716 |
| Utah | $62,017 | $29.82 | 427 |
| Vermont | $76,310 | $36.69 | 84 |
| Virginia | $89,154 | $42.86 | 2,363 |
| Washington | $92,683 | $44.56 | 1,074 |
| West Virginia | $77,698 | $37.35 | 96 |
| Wisconsin | $85,625 | $41.17 | 638 |
| Wyoming | $78,716 | $37.84 | 67 |
Highest Paying Cities For Senior Analyst
Salary for a Senior Analyst in the US Based on Level
How Much Does A Senior Analyst Make Based on Entry Level?
What is the average compensation for an entry-level Senior Analyst?
Hence, the national average salary for an Entry-Level Analyst is $60,678 per year in the United States. Filter by location to see Entry-Level Analyst salaries in your area.
Also, salary estimates are based on 60 salaries submitted anonymously to Glassdoor by an Entry-Level Analyst.
See Also: Pediatric Cardiologist Salary in US | 2023
How Much Do A Senior Analyst Make at the Senior Level?
The national average salary for a Senior Analyst is $87,999 per year in the United States. Therefore, filter by location to see a Senior Analyst’s salary in your area.
Although, Salary estimates are based on 17441 salaries submitted anonymously to Glassdoor by Senior Analyst employees.
Salary for A Senior Analyst in the US Based on Company.
Barclays3.96127 reviews7 salaries reported$139,017per yearAccenture4.021699 reviews13 salaries reported$132,369per year
Equinix3.7301 reviews40 salaries reported$128,926per year
Exelon3.9823 reviews8 salaries reported$127,730per year
Southwest Airlines4.32449 reviews5 salaries reported$123,580per year
General Dynamics Information Technology3.85449 reviews17 salaries reported$119,340per year
Pacific Gas and Electric Company (PG&E)3.8934 reviews8 salaries reported$119,157per year
National General Insurance2.9765 reviews7 salaries reported$114,616per year
PwC4.08007 reviews7 salaries reported$113,000per year
Bank of the West3.41468 reviews13 salaries reported$112,826per year
Spectrum3.317043 reviews54 salaries reported$112,308per year
PAREXEL3.6828 reviews54 salaries reported$109,925per year
NICE Systems3.4145 reviews5 salaries reported$109,497per year
Wells Fargo3.842231 reviews24 salaries reported$109,105per year
What Is The Typical Salary For Accenture Senior analyst salary In The Us?
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Business Analyst-Consultant | $82,546 | $6,879 | $39.69 | 200,434 |
| Business Operations Analyst | $68,774 | $5,731 | $33.06 | 245,972 |
| Analyst Lead | $93,650 | $7,804 | $45.02 | 196,300 |
| Lead Business Analyst | $102,297 | $8,525 | $49.18 | 150,032 |
| Project Analyst | $75,110 | $6,259 | $36.11 | 257,518 |
| Process Analyst | $75,401 | $6,283 | $36.25 | 168,618 |
Accenture is a company in the U.S that hire a senior analyst. Hence, for an Accenture senior analyst salary in the U.S. is $132,369/year.
UnitedHealth Group Senior Business Analyst salaries – 191 salaries reported.
Generally, for a UnitedHealth Group, a senior analyst’s salary is $86,261/yr.
Check out other high paying jobs: Well Paying Jobs to Earn $100k a Year Without a Degree
McKinsey & Company Senior Business Analyst salaries – 153 salaries reported
McKinsey & Company’s senior analyst salary is $126,03/year. The typical McKinsey & Company Senior Analyst salaries at McKinsey & Company can range from $85,929 – $177,269
Wayfair senior analyst salary
Generally, Wayfair’s senior analyst salary is $123,04/year. Average Wayfair Senior Analyst yearly pay in Boston is approximately $93,267, which is 8% above the national average.
HOW MUCH DO SENIOR ANALYSTS MAKE IN DIFFERENT INDUSTRIES?
The salary for a Senior Analyst can vary depending on what industry the job is in. The highest salaries for Senior Analysts tend to be found in Manufacturing, Retail, and Finance companies.
In fact, Senior Analysts can make a yearly salary of $92,659 while working for Manufacturing companies.
Highest Paying Industries For Senior Analysts
| 1 | Manufacturing | $92,659 | $46k$105k |
| 2 | Retail | $91,736 | $46k$105k |
| 3 | Finance | $91,205 | $46k$105k |
| 4 | Health Care | $88,456 | $46k$105k |
| 5 | Technology | $86,742 | $46k$105k |
| 6 | Professional | $85,689 | $46k$105k |
| 7 | Government | $82,212 | $46k$105k |
| 8 | Insurance | $59,650 | $46k$105k |
Conclusion
The demand for a Senior Analyst is growing at a rapid pace, in tandem with the growing number of Organizations.
As a result, Senior Analysts are among the highest-paid professions in both the United States and the rest of the world.
This field’s professionals can earn up to $100,000 per year and have some of the highest job satisfaction percentages.
FAQs
How much does a senior analyst make a year?
The average salary for a senior business analyst is $101,709 per year in the United States and a $5,000 cash bonus per year. Hence, 1.2k salaries were reported, updated on May 13, 2022.
What is a senior analyst?
A senior business analyst is a specialist who assists firms in identifying ways to increase efficiency. Also, Senior business analysts provide in-depth analysis and strategy recommendations to a company’s important partners and stakeholders.
What comes after senior analyst?
With greater experience and expertise, a senior financial analyst can continue into a supervisory position. Hence, a senior analyst in the securities industry often moves up to become a portfolio manager or a fund manager overseeing a team of senior analysts. There may also be an opportunity to enter a senior management role
How do I become a senior analyst?
- Complete a bachelor’s degree. The type of degree can depend on the industry or sector that you want to work in, but it should focus on business management, technical skills, and also understanding of finances.
- Consider a master’s degree. And also,
- Gain work experience.
How long does it take to become a senior analyst from an analyst?
The minimum educational requirement for a senior analyst is typically a bachelor’s degree. Although around 68% of senior analysts have a bachelor’s degree, and 23% have a master’s degree. Interestingly, approximately 6% of senior analysts have just an associate’s degree.
How much experience does a senior analyst need?
Before becoming a senior analyst, you will need experience in an analyst role. Most senior analysts work for at least three to four years in a more junior role and work hard to gain the knowledge and any further qualifications needed to progress to a senior analyst position.
FAQs
How much does a senior analyst make a year?
The average salary for a senior business analyst is $101,709 per year in the United States and a $5,000 cash bonus per year. Hence, 1.2k salaries reported, updated on May 13, 2022.
What is a senior analyst?
A senior business analyst is a specialist who assists firms in identifying ways to increase efficiency. Also, Senior business analysts provide in-depth analysis and strategy recommendations to a company’s important partners and stakeholders.
What comes after senior analyst?
With greater experience and expertise, a senior financial analyst can continue into a supervisory position. Hence, a senior analyst in the securities industry often moves up to become a portfolio manager or a fund manager overseeing a team of senior analysts. There may also be an opportunity to enter a senior management role
How do I become a senior analyst?
- Complete a bachelor’s degree. The type of degree can depend on the industry or sector that you want to work in, but should focus on business management, technical skills, and also, understanding of finances.
- Consider a master’s degree. And also,
- Gain work experience.
How long does it take to become a senior analyst from analyst?
The minimum educational requirement for a senior analyst is typically a bachelor’s degree. Although around 68% of senior analysts have a bachelor’s degree, and 23% have a master’s degree. Interestingly, approximately 6% of senior analysts have just an associate’s degree.
How much experience does a senior analyst need?
Before becoming a senior analyst, you will need experience in an analyst role. Most senior analysts work for at least three to four years in a more junior role and work hard to gain the knowledge and any further qualifications needed to progress to a senior analyst position.
References
- www.payscale.com– Average Senior Analyst, Compensation Salary
- www.ziprecruiter.com– Senior Analyst Salary
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