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Junior is analyst hiring summary. Here are some key points about hiring junior is analysts in the United States:
Here's a step-by-step junior is analyst hiring guide:
A junior IS analyst takes responsibility in making sure that databases are constructed appropriately and with access limits. IS analysts improve trading strategy with intermediaries through compensation information analysis. They handle financial claims payment as well as provider directory processes. Also, they develop dictionaries and provide technical support. They even perform due diligence for investment opportunities. The skills they need to have include management, information technology, and financial management.
The junior is analyst hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect junior is analyst also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents junior is analyst salaries for various positions.
| Type of Junior IS Analyst | Description | Hourly rate |
|---|---|---|
| Junior IS 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. | $21-44 |
| Analyst Internship | An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement... Show more | $13-25 |
| Analyst Lead | The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials... Show more | $35-58 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $73,618 | $35 |
| 2 | New York | $71,672 | $34 |
| 3 | District of Columbia | $69,916 | $34 |
| 4 | Connecticut | $66,567 | $32 |
| 5 | Massachusetts | $65,329 | $31 |
| 6 | Virginia | $64,904 | $31 |
| 7 | Maryland | $63,646 | $31 |
| 8 | Texas | $62,018 | $30 |
| 9 | Colorado | $61,632 | $30 |
| 10 | California | $61,156 | $29 |
| 11 | Alabama | $60,544 | $29 |
| 12 | Ohio | $59,191 | $28 |
| 13 | Illinois | $58,835 | $28 |
| 14 | Arizona | $56,466 | $27 |
| 15 | Iowa | $56,465 | $27 |
| 16 | Kansas | $56,112 | $27 |
| 17 | Georgia | $55,620 | $27 |
| 18 | Utah | $55,603 | $27 |
| 19 | South Carolina | $55,228 | $27 |
| 20 | North Carolina | $54,478 | $26 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | The Citadel | $148,639 | $71.46 | 2 |
| 2 | Invesco | $105,430 | $50.69 | 11 |
| 3 | The Carlyle Group | $105,375 | $50.66 | 3 |
| 4 | Zeta | $105,331 | $50.64 | |
| 5 | Coatue Management | $104,100 | $50.05 | |
| 6 | Signature Bank | $100,565 | $48.35 | |
| 7 | Manning & Napier | $98,272 | $47.25 | |
| 8 | TD Ameritrade | $97,542 | $46.90 | |
| 9 | BNY Mellon | $93,409 | $44.91 | 9 |
| 10 | PulsePoint | $89,915 | $43.23 | |
| 11 | Credit Suisse | $88,153 | $42.38 | |
| 12 | Tortoise Capital Advisors | $87,525 | $42.08 | |
| 13 | Bracebridge Capital | $86,943 | $41.80 | 2 |
| 14 | Holland & Knight | $86,151 | $41.42 | 5 |
| 15 | Citi | $84,151 | $40.46 | 80 |
| 16 | Graham Capital Management | $83,367 | $40.08 | 6 |
| 17 | Morgan Stanley | $80,454 | $38.68 | 70 |
| 18 | Chubb | $79,930 | $38.43 | 27 |
| 19 | Babson Capital Management | $78,511 | $37.75 | 3 |
| 20 | Asset Performance Networks | $78,206 | $37.60 |
A good junior is analyst job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a junior is analyst job description:
There are various strategies that you can use to find the right junior is analyst for your business:
During your first interview to recruit junior is analysts, 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. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the junior is analyst position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
After that, you can create an onboarding schedule for a new junior is 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.
Hiring a junior is analyst comes with both the one-time cost per hire and ongoing costs. The cost of recruiting junior is analysts 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 junior is analyst recruiting as well the ongoing costs of maintaining the new employee.
You can expect to pay around $65,296 per year for a junior is analyst, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for junior is analysts in the US typically range between $21 and $44 an hour.