How to hire an analyst

How to hire an analyst, step by step

Here's a step-by-step analyst hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write an analyst job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new analyst
• Step 8: Go through the hiring process checklist

What does an analyst do?

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1. Identify your hiring needs

   Before you post your analyst job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an analyst for hire on a part-time basis or as a contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   An analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, analysts from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list shows salaries for various types of analysts.

   Type of Analyst	Description	Hourly rate
   Analyst	Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.	$25-47
   Business Development Analyst	A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers... Show more	$18-43
   Program Management Analyst	The job of a program management analyst involves optimizing business operations and analyzing organizational processes to increase productivity and maximize efficiency and profits. Program management analysts help track every company's schedule, budget, and delivery of goods and/or services... Show more	$26-54

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Customer Service
   • Troubleshoot
   • Data Analysis
   • Management System
   • Project Management
   • Strong Analytical
   • Data Entry
   • Excellent Interpersonal
   • Work Ethic
   • Financial Statements
   • DOD
   • HR
   • Process Improvement
   • Data Collection

   Check all skills

   Responsibilities:

   • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
   • Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
   • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
   • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
   • Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
   • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.

   More analyst duties

3. Make a budget

   Including a salary range in your analyst job description is one of the best ways to attract top talent. An analyst can vary based on:

   • Location. For example, analysts' average salary in utah is 39% less than in new jersey.
   • Seniority. Entry-level analysts 46% less than senior-level analysts.
   • Certifications. An analyst with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in an analyst's salary.

   Average analyst salary

   $73,007yearly

   $35.10 hourly rate

   ---

   Entry-level analyst salary

   $53,000 yearly salary

   Updated December 21, 2025

   Average analyst salary by state

   Rank	State	Avg. salary	Hourly rate
   1	New Jersey	$83,138	$40
   2	District of Columbia	$82,785	$40
   3	California	$82,555	$40
   4	New York	$81,871	$39
   5	Connecticut	$79,011	$38
   6	Massachusetts	$78,764	$38
   7	Maryland	$76,643	$37
   8	Texas	$73,499	$35
   9	Washington	$73,490	$35
   10	Virginia	$73,352	$35
   11	North Carolina	$71,573	$34
   12	Georgia	$70,969	$34
   13	Illinois	$70,397	$34
   14	Colorado	$69,577	$33
   15	Pennsylvania	$69,207	$33
   16	Ohio	$67,615	$33
   17	Michigan	$67,433	$32
   18	Arizona	$66,640	$32
   19	Minnesota	$65,266	$31
   20	Missouri	$65,191	$31

   Average analyst salary by company

   Company

   Rank	Company	Average salary	Hourly rate	Job openings
   1	The Citadel	$132,524	$63.71	9
   2	Warburg Pincus	$120,569	$57.97
   3	Credit Karma	$116,258	$55.89
   4	Bunge	$115,930	$55.74	4
   5	PayPal	$115,530	$55.54	3
   6	Trilantic Capital Partners	$114,808	$55.20
   7	ConocoPhillips	$113,811	$54.72	1
   8	Practice Fusion	$112,594	$54.13
   9	L.E.K. Consulting	$112,478	$54.08
   10	Palantir	$112,000	$53.85	26
   11	Cerberus Capital Management	$111,989	$53.84	1
   12	Coatue Management	$111,957	$53.83
   13	Virtusa	$111,443	$53.58	5
   14	Meta	$110,819	$53.28	43
   15	Phillips 66	$110,733	$53.24	4
   16	Apple	$110,689	$53.22	54
   17	Roku	$110,439	$53.10	5
   18	Lyft	$110,377	$53.07	1
   19	Yahoo	$109,097	$52.45
   20	Cargill	$108,892	$52.35	7

4. Writing an analyst job description

   An analyst job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of an analyst job description:

   Analyst job description example

   In order to perform the job successfully, an individual should demonstrate the following competencies:
   1. Apply core AML skills to financial products and processes.

   2. Communicate issues to AML Manager and BSA Officer in an effective manner.
   3. Identify suspicious or unusual activity and escalate matters for heightened review.

   Physical Demands:
   The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand; walk; sit; reach with hands and arms and talk or hear.

   Required Education and Experience:

   1. Bachelor's degree from an accredited four-year college or university in Business, Finance, Law or relevant field.
   2. Two to three years of related experience and/or training.

   Additional Qualifications:
   CAMS Certification preferred.

   Language/Communication Skills:

   Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers.

   Other Duties:
   Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. It is understood and agreed that the employee may be required to perform additional duties as assigned by the employee’s supervisor or Manager.

   Risk Management Responsibilities:

   · provide first line with advisory guidance and routinely monitor for compliance, assess risks and the activities to mitigate the risks.

   · has sufficient authority, stature, independence, resources and access to the Board & executive management to raise risks and concerns.

   
   

   
   

   Copy this example

   

5. Post your job

   There are a few common ways to find analysts for your business:

   • Promoting internally or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to meet candidates with the right educational background.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.

   Post your job online:

   • Post your analyst job on Zippia to find and recruit analyst candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   To successfully recruit analysts, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

   You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new analyst

   Once you've selected the best analyst candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   After that, you can create an onboarding schedule for a new analyst. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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How much does it cost to hire an analyst?