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Business insight and analytics manager hiring summary. Here are some key points about hiring business insight and analytics managers in the United States:
Here's a step-by-step business insight and analytics manager hiring guide:
The business insight and analytics manager is primarily in charge of developing strategies to identify the best practices and decisions to optimize a company's operations and sales performance. Their responsibilities typically include understanding the company's needs and mission, performing extensive research and analysis to identify new business opportunities, gathering and analyzing data to determine the strengths and weaknesses of existing procedures, developing solutions in vulnerable areas, and presenting analytical reports for the executives. Above all, they must lead and encourage teams to reach goals while implementing the company's policies and regulations.
Before you start hiring a business insight and analytics manager, 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.
A business insight and analytics manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, business insight and analytics managers 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.
Here's a comparison of business insight and analytics manager salaries for various roles:
| Type of Business Insight And Analytics Manager | Description | Hourly rate |
|---|---|---|
| Business Insight And Analytics Manager | Advertising, promotions, and marketing managers plan programs to generate interest in products or services. They work with art directors, sales agents, and financial staff members. | $36-80 |
| Partner | A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business... Show more | $14-87 |
| Marketing Director | Marketing directors are responsible for the overall branding and marketing direction of the company. They are in charge of identifying goals and strategies related to marketing... Show more | $32-92 |
Including a salary range in the business insight and analytics manager job description is a good way to get more applicants. A business insight and analytics manager 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 a business insight and analytics manager in South Dakota may be lower than in California, and an entry-level engineer typically earns less than a senior-level business insight and analytics manager. Additionally, a business insight and analytics manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $138,892 | $67 |
| 2 | Washington | $123,749 | $59 |
| 3 | District of Columbia | $118,816 | $57 |
| 4 | Oregon | $114,421 | $55 |
| 5 | Maryland | $111,981 | $54 |
| 6 | New York | $110,803 | $53 |
| 7 | Connecticut | $109,169 | $52 |
| 8 | New Jersey | $105,757 | $51 |
| 9 | Virginia | $100,932 | $49 |
| 10 | Massachusetts | $96,871 | $47 |
| 11 | Illinois | $95,725 | $46 |
| 12 | Pennsylvania | $95,566 | $46 |
| 13 | New Hampshire | $95,084 | $46 |
| 14 | Ohio | $93,493 | $45 |
| 15 | Minnesota | $92,209 | $44 |
| 16 | North Carolina | $92,065 | $44 |
| 17 | Texas | $89,832 | $43 |
| 18 | Colorado | $85,535 | $41 |
| 19 | Mississippi | $82,019 | $39 |
| 20 | Georgia | $74,800 | $36 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $151,356 | $72.77 | 575 |
| 2 | $143,707 | $69.09 | 296 | |
| 3 | PayPal | $137,855 | $66.28 | 51 |
| 4 | Citi | $137,362 | $66.04 | 17 |
| 5 | Instacart | $136,957 | $65.84 | 6 |
| 6 | eBay | $135,639 | $65.21 | 27 |
| 7 | StubHub | $134,889 | $64.85 | 23 |
| 8 | Blue Apron | $134,250 | $64.54 | |
| 9 | The Walt Disney Company | $133,862 | $64.36 | 95 |
| 10 | Genentech | $132,694 | $63.80 | 6 |
| 11 | Biogen | $132,180 | $63.55 | 3 |
| 12 | ViacomCBS | $132,009 | $63.47 | |
| 13 | NerdWallet | $130,775 | $62.87 | 5 |
| 14 | Novo Nordisk | $129,821 | $62.41 | 3 |
| 15 | $129,781 | $62.39 | 24 | |
| 16 | Essex Property Trust | $129,655 | $62.33 | 1 |
| 17 | Bloomberg | $129,185 | $62.11 | 63 |
| 18 | Boehringer Ingelheim | $129,090 | $62.06 | 13 |
| 19 | Michaels Stores | $128,951 | $62.00 | 1 |
| 20 | JPMorgan Chase & Co. | $126,860 | $60.99 | 394 |
A business insight and analytics manager 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 a business insight and analytics manager job description:
To find business insight and analytics managers for your business, try out a few different recruiting strategies:
During your first interview to recruit business insight and analytics managers, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you 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 business insight and analytics manager 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 business insight and analytics manager first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Hiring a business insight and analytics manager comes with both the one-time cost per hire and ongoing costs. The cost of recruiting business insight and analytics managers involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of business insight and analytics manager recruiting as well the ongoing costs of maintaining the new employee.
The median annual salary for business insight and analytics managers is $112,262 in the US. However, the cost of business insight and analytics manager hiring can vary a lot depending on location. Additionally, hiring a business insight and analytics manager for contract work or on a per-project basis typically costs between $36 and $80 an hour.