Data analysts perform functions such as collecting numerical and other data, modeling the information and analyzing the data and models. From their work, organizations learn and make decisions based on matters such as the behavior of voters, consumers and other segments of the public. Depending on the country, statisticians and similar professions may engage in data analysis. In the United States, data analyst salary per year is around $57,086. Data analysts in Canada earn about C$53,421 ($39,664 USD), while those in the United Kingdom earn between £23,000 ($27,976 USD) and £70,000 ($85,145 USD) per year.
The average earnings for data analysts stand at AU$68,633 ($51,763 USD) in Australia and CHF87,595 ($86,642 USD) in Switzerland. “Mathematicians, actuaries and statisticians” in Norway, which include those performing data analysis, make approximately NOK615,600 ($71,583 USD) per year.
Data Analyst Salary Influencers
The pay for data analysts depends on factors such as the nature of the industry, the country of work and experience. Depending on the employer, knowledge, and experience with certain programming codes can enhance job and pay prospects.
Organizations such as retailers, financial institutions, insurance companies, market research firms, governments, and nonprofits employ data analysts. Those who work in private sector entities can expect higher pay than governments and nonprofits. For instance, in Norway, “Mathematicians, actuaries and statisticians” in private sector and public enterprises make about NOK61,800 per month. Those in “Central government” earn around NOK44,200 per month. If you are passionate about this line of work, you can also read more about the financial analyst salary.
Pay for data analysts can also turn on the programming or computer skills of the analyst. For example, in the United States, those with skills in “SAS” and “R” programming earn 17 percent and 14 percent respectively above average. In Canada, “Python” programming skills result in pay at 21 percent above normal, while data analysts with a command of SAS programming make 16 percent higher than normal. For data analysts in Australia with “Visual Basic (VB)” skills, pay runs 10 percent above the mean level. Those with “SQL” skills rise to eight percent above normal.
2. Geographical Area
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Data Analyst Salary in the U.S.
According to PayScale, data analysts in the United States earn a median pay of $57,086, while total earnings range between $36,468 and $81,374 per year.
Data Analyst Salary in Canada
In Canada, the salary for data analysts stands at C$53,421 annually. Earnings run from C$37,146 to C$76,874 per year.
Data Analyst Salary in the UK
A “data analyst-statistician” in the United Kingdom earns between £23,000 and £70,000 per year, according to the National Careers Service.
Data Analyst Salary in Australia
PayScale reports that data analysts salary in Australia is of AU$68,633 per year. Therefore, their total earnings span from AU$48,417 to AU$100,649.
Data Analyst Salary in Switzerland
According to PayScale, data analysts in Switzerland are paid a mean salary of C$87,595 per year. Earnings reach as high as CHF126,045 per year.
Data Analyst Salary in Norway
Statistics Norway does not list a separate category for data analysts. However, “Mathematicians, actuaries and statisticians” in Norway earn a median pay of NOK51,300 per month or NOK615,600 per year.
PayScale says that entry-level data analysts in the United States have a median pay of $53,000, which rises to $63,000 after five years of experience. Thereafter, median earnings remain generally level. In Canada, the median is C$51,000 for new data analysts. At five years of experience, data analysts have a median pay of C$59,000, a median of C$66,000 after ten years, and C$74,000 after 20 years of experience.
For data analysts in the United Kingdom, pay runs from £23,000 to £27,000 for at the “starter” level. “Experienced” analysts make between £40,000 and £53,000, while highly-experienced ones, sometimes called “chief statisticians” are paid up to £70,000 per year.
In Australia, the median entry-level salary is AU$62,000. After five years of experience, a data analyst has a median salary of AU$79,000. The median inches upward to AU$81,000 after ten years of experience, but balloons to AU$100,000 beyond 20 years.
Generally, data analysts work full-time. O*NET reports that 49 percent in the United States work 40 hours per week, with four in ten data analysts logging more than 40 hours per week.
According to Job Bank, approximately 93 percent of “Database analysts and data administrators” in Canada worked full time. This is above the 81 percent rate for the overall workforce in Canada.
Australia’s “Job Outlook” does not list statistics specifically for data analysts. “Actuaries, Mathematicians, and Statisticians” in Australia work an average of 38.5 hours per week, while workers in Australia overall log 40.2 hours per week. Approximately 79 percent in this field are full-time employees.
Bonuses & Benefit Packages
PayScale reports that bonuses range from $996 to $9,843 for data analysts in the United States and C$1,004 to C$9,899 for data analysts in Canada. Data analysts in Australia fetch bonuses ranging from AU$750 to AU$12,000.
Bonuses for data analysts in Switzerland reach CHF11,000, says PayScale. According to Statistics Norway, “Mathematicians, Actuaries, and Statisticians” fetch bonuses averaging NOK900 per month or NOK10,800 per year.
In Australia, Switzerland, Norway, the United Kingdom and Canada, most employees have statutorily-entitled fringe benefits. As to retirement and pensions, Australia, Norway, and Switzerland require employers to contribute to employee pensions. In Switzerland, data analysts’ retirements are funded with a three-tier system consisting of Old Age and Survivors/Disability Insurance, mandatory employer contributions and voluntary contributions by employers.
As to paid holidays and annual leave, workers in the United Kingdom get 5.6 weeks of paid holiday leave per year. Australia and Switzerland afford generally four weeks for data analysts and other employees, while Norway entitles employees to 25 days a year. In Canada, provincial laws determine the leave entitlement. Most afford two weeks per year, with Saskatchewan giving three weeks.
Generally, the data analyst field should see small employment growth, partly due to the small nature of the field.
According to O*NET, employment of statistical assistants in the United States should decline by two percent by 2024.
The Canadian Government’s “Job Bank” projects that, by 2024, there will exist 13,600 job openings for “Database analysts and data administrators” and the same number of people seeking these positions.
As to “Actuaries, Mathematicians, and Statisticians” job openings should number no more than 5,000 by November 2019. As of November 2015, the field number was 7,900.
The pay of data analysts will turn on the type of employer, sector, and experience. Therefore, pay prospects can rise with command of certain or multiple programming platforms. Although job growth in the field appears to be small, prospects may rise as organizations rely more on the collection and analysis of data in marketing, messaging and other decisions.