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Marketing/business analyst hiring summary. Here are some key points about hiring marketing/business analysts in the United States:
Here's a step-by-step marketing/business analyst hiring guide:
A marketing business analyst is responsible for strategizing marketing techniques and promotional content to create brand awareness on different media platforms. Marketing business analysts evaluate the current industry trends to identify business opportunities that would generate revenue resources and pave the way for more business partnerships. They also conduct data and statistical analysis of sales reports, adjusting objectives as needed to support clients' requirements and deliverables. A marketing business analyst develops business processes that would maximize productivity and increase the company's profitability.
Before you post your marketing/business 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 a marketing/business analyst for hire on a part-time basis or as a contractor.
A marketing/business analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, marketing/business 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.
Here's a comparison of marketing/business analyst salaries for various roles:
| Type of Marketing/Business Analyst | Description | Hourly rate |
|---|---|---|
| Marketing/Business Analyst | Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price. | $20-45 |
| Analyst | Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more | $25-47 |
| Product Analyst | A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing... Show more | $26-53 |
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $92,199 | $44 |
| 2 | California | $90,978 | $44 |
| 3 | Delaware | $85,339 | $41 |
| 4 | New Jersey | $73,781 | $35 |
| 5 | New York | $72,551 | $35 |
| 6 | Illinois | $71,952 | $35 |
| 7 | Colorado | $71,797 | $35 |
| 8 | Connecticut | $69,527 | $33 |
| 9 | Indiana | $68,358 | $33 |
| 10 | Pennsylvania | $64,438 | $31 |
| 11 | North Carolina | $64,399 | $31 |
| 12 | Arizona | $64,248 | $31 |
| 13 | Texas | $61,745 | $30 |
| 14 | Maryland | $60,588 | $29 |
| 15 | Arkansas | $60,059 | $29 |
| 16 | Ohio | $58,868 | $28 |
| 17 | Kansas | $57,474 | $28 |
| 18 | Georgia | $55,396 | $27 |
| 19 | Florida | $43,524 | $21 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $121,448 | $58.39 | 184 |
| 2 | Western Digital | $118,384 | $56.92 | 1 |
| 3 | PayPal | $118,159 | $56.81 | 15 |
| 4 | CafePress | $112,859 | $54.26 | |
| 5 | Chegg | $109,713 | $52.75 | |
| 6 | Amazon | $101,798 | $48.94 | 264 |
| 7 | SAS Institute | $97,278 | $46.77 | 2 |
| 8 | Pure Storage | $94,130 | $45.25 | 5 |
| 9 | Yellowpages | $91,586 | $44.03 | |
| 10 | Alexion Pharmaceuticals | $91,391 | $43.94 | 3 |
| 11 | Square | $87,340 | $41.99 | |
| 12 | Motorola Solutions | $86,657 | $41.66 | 23 |
| 13 | PRWeek | $84,051 | $40.41 | 4 |
| 14 | Philips | $80,674 | $38.79 | 10 |
| 15 | Chevron | $77,950 | $37.48 | |
| 16 | Accenture | $75,999 | $36.54 | 549 |
| 17 | Morgan Stanley | $75,626 | $36.36 | 37 |
| 18 | Collabera | $74,493 | $35.81 | 199 |
| 19 | INVISTA | $73,229 | $35.21 | |
| 20 | JPMorgan Chase & Co. | $71,621 | $34.43 | 398 |
A job description for a marketing/business analyst 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 a marketing/business analyst job description:
To find marketing/business analysts for your business, try out a few different recruiting strategies:
Your first interview with marketing/business analyst 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 marketing/business analyst 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 also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new marketing/business analyst 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.
Recruiting marketing/business analysts 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.
You can expect to pay around $63,744 per year for a marketing/business 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 marketing/business analysts in the US typically range between $20 and $45 an hour.