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Analytics consultant hiring summary. Here are some key points about hiring analytics consultants in the United States:
Here's a step-by-step analytics consultant hiring guide:
An analytics consultant is an individual who develops new and innovative analytical solutions that meet the requirements of clients and businesses. Analytics consultants must understand the organization's business strategy by creating analytical solutions and providing analysis on the effectiveness of its marketing campaigns. They must respond to the request of market intelligence executives and provide attractive business solutions. Analytics consultants must also guide properly the industry analysts regarding market share information as well as competition in the local market.
Before you start hiring an analytics consultant, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
An analytics consultant's background is also an important factor in determining whether they'll be a good fit for the position. For example, analytics consultants 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 analytics consultants.
| Type of Analytics Consultant | Description | Hourly rate |
|---|---|---|
| Analytics Consultant | 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. | $32-56 |
| Control Analyst | A control analyst is a professional who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel... Show more | $24-45 |
| Program Management Consultant | A program management consultant is responsible for analyzing project requirements based on clients' specifications, developing quality improvement techniques, and reviewing project deliverables. Program management consultants work closely with the project team to identify project initiatives and resolve complexities that may arise... Show more | $35-65 |
Including a salary range in the analytics consultant job description is a good way to get more applicants. An analytics consultant salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for an analytics consultant in Tennessee may be lower than in California, and an entry-level engineer typically earns less than a senior-level analytics consultant. Additionally, an analytics consultant with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $119,807 | $58 |
| 2 | New York | $101,438 | $49 |
| 3 | District of Columbia | $101,266 | $49 |
| 4 | Washington | $99,800 | $48 |
| 5 | Massachusetts | $99,380 | $48 |
| 6 | New Jersey | $98,807 | $48 |
| 7 | North Carolina | $95,542 | $46 |
| 8 | Virginia | $94,438 | $45 |
| 9 | Connecticut | $92,045 | $44 |
| 10 | Oregon | $91,440 | $44 |
| 11 | Texas | $91,370 | $44 |
| 12 | Rhode Island | $88,804 | $43 |
| 13 | Pennsylvania | $88,449 | $43 |
| 14 | New Mexico | $87,028 | $42 |
| 15 | Maine | $86,346 | $42 |
| 16 | Colorado | $86,193 | $41 |
| 17 | Delaware | $85,679 | $41 |
| 18 | Minnesota | $84,884 | $41 |
| 19 | Arizona | $83,891 | $40 |
| 20 | Illinois | $83,809 | $40 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Cornerstone Research | $134,696 | $64.76 | |
| 2 | $125,314 | $60.25 | 75 | |
| 3 | Slalom | $120,519 | $57.94 | 364 |
| 4 | ZS | $120,488 | $57.93 | 57 |
| 5 | Adobe | $116,732 | $56.12 | 3 |
| 6 | AIG | $115,501 | $55.53 | 9 |
| 7 | Pacific Investment Management Company LLC | $114,835 | $55.21 | 1 |
| 8 | Amazon | $113,371 | $54.51 | 175 |
| 9 | Microsoft | $113,164 | $54.41 | 8 |
| 10 | Koch Industries | $111,371 | $53.54 | |
| 11 | Workday | $110,598 | $53.17 | 10 |
| 12 | Cruise Automation | $108,159 | $52.00 | |
| 13 | State Street | $107,625 | $51.74 | 8 |
| 14 | Sanofi US | $107,272 | $51.57 | 6 |
| 15 | SAS Institute | $106,397 | $51.15 | 2 |
| 16 | AlixPartners | $106,145 | $51.03 | 1 |
| 17 | Elanco | $105,513 | $50.73 | 1 |
| 18 | Excellus BCBS | $105,009 | $50.49 | |
| 19 | Vertex Pharmaceuticals | $104,947 | $50.46 | 2 |
| 20 | The TJX Companies | $103,166 | $49.60 | 5 |
A job description for an analytics consultant role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an analytics consultant job description:
There are various strategies that you can use to find the right analytics consultant for your business:
Your first interview with analytics consultant candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the analytics consultant candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting analytics consultants involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
Analytics consultants earn a median yearly salary is $89,840 a year in the US. However, if you're looking to find analytics consultants for hire on a contract or per-project basis, hourly rates typically range between $32 and $56.