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Media analyst hiring summary. Here are some key points about hiring media analysts in the United States:
Here's a step-by-step media analyst hiring guide:
The duties of a media analyst depend on one's place or industry of employment. Typically, their responsibilities revolve around performing research and analysis to determine areas needing improvement, identifying new opportunities, and learning the public's reception. They are also responsible for coordinating with other departments, producing progress reports and presentations, and offering options according to research findings. As an analyst, it is also essential to consider all significant factors, all while adhering to the company's policies and regulations.
First, determine the employments status of the media analyst you need to hire. Certain media analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A media analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, media 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 presents media analyst salaries for various positions.
| Type of Media Analyst | Description | Hourly rate |
|---|---|---|
| Media 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. | $22-41 |
| Data Analyst Internship | A data analyst internship involves a trainee who wants to gain working experience in the field of information technology (IT) by assisting data analyst professionals. Data analyst interns should examine information using data analysis tools so that they can help their employers make important decisions by identifying various facts and trends... Show more | $12-27 |
| Market Analyst Internship | When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects... Show more | $18-48 |
Including a salary range in your media analyst job description is one of the best ways to attract top talent. A media analyst can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $78,967 | $38 |
| 2 | New Jersey | $69,283 | $33 |
| 3 | California | $68,610 | $33 |
| 4 | New York | $67,734 | $33 |
| 5 | Minnesota | $66,570 | $32 |
| 6 | Colorado | $65,395 | $31 |
| 7 | District of Columbia | $63,579 | $31 |
| 8 | Connecticut | $62,886 | $30 |
| 9 | Virginia | $62,856 | $30 |
| 10 | Wisconsin | $61,821 | $30 |
| 11 | North Carolina | $60,177 | $29 |
| 12 | Illinois | $59,726 | $29 |
| 13 | Ohio | $58,267 | $28 |
| 14 | Michigan | $57,807 | $28 |
| 15 | Kansas | $57,298 | $28 |
| 16 | Massachusetts | $56,930 | $27 |
| 17 | Pennsylvania | $56,852 | $27 |
| 18 | Indiana | $55,973 | $27 |
| 19 | Texas | $53,767 | $26 |
| 20 | Arizona | $51,523 | $25 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Apple | $106,659 | $51.28 | 11 |
| 2 | Invesco | $102,024 | $49.05 | 7 |
| 3 | Microsoft | $100,100 | $48.13 | 11 |
| 4 | Interactive Brokers | $92,925 | $44.68 | 2 |
| 5 | Sullivan & Cromwell | $79,248 | $38.10 | |
| 6 | Amazon | $77,839 | $37.42 | 68 |
| 7 | Mayo Clinic | $74,885 | $36.00 | |
| 8 | QuinStreet | $73,480 | $35.33 | |
| 9 | Fidelity Investments | $70,816 | $34.05 | 5 |
| 10 | Dataminr | $70,681 | $33.98 | |
| 11 | Reckitt Benckiser | $69,615 | $33.47 | 2 |
| 12 | Mama's Fish House | $69,466 | $33.40 | |
| 13 | Price Chopper Supermarkets-Market 32 | $69,425 | $33.38 | |
| 14 | Victoria's Secret | $68,760 | $33.06 | |
| 15 | Holman Automotive | $68,161 | $32.77 | |
| 16 | Rockstar Games | $67,638 | $32.52 | 1 |
| 17 | Tractor Supply | $67,596 | $32.50 | 5 |
| 18 | P&S Surgical Hospital | $67,396 | $32.40 | 1 |
| 19 | Radancy | $67,230 | $32.32 | |
| 20 | iHeartMedia | $66,970 | $32.20 | 9 |
A job description for a media 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 media analyst job description:
There are various strategies that you can use to find the right media analyst for your business:
Your first interview with media 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.
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.
Once you've selected the best media 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.
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 media 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 media 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.
Media analysts earn a median yearly salary is $63,956 a year in the US. However, if you're looking to find media analysts for hire on a contract or per-project basis, hourly rates typically range between $22 and $41.