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Reporting analyst hiring summary. Here are some key points about hiring reporting analysts in the United States:
Here's a step-by-step reporting analyst hiring guide:
As a reporting analyst, you are responsible for collecting relevant reports, analyzing raw data, writing, and delivering executive-ready qualitative and/or quantitative reports as per clients' requirements. The results collected will be communicated to managers or clients, who will then provide suggestions based on their findings. This person must have excellent quantitative & qualitative analytical skills, a strong eye for detail, strong organizational and multitasking abilities, and be able to work on tight deadlines. Intermediate to advanced knowledge of Excel is a must for this position.
The reporting 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 reporting 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 reporting analyst salaries for various positions.
| Type of Reporting Analyst | Description | Hourly rate |
|---|---|---|
| Reporting 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. | $26-45 |
| 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 |
| Business Process Analyst | The business process analysts are responsible for producing, managing, and enhancing business processes to improve business performance using data. They gather, analyze, and transcribe information about internal processes to obtain a comprehensive picture of the company's internal workings... Show more | $27-50 |
Including a salary range in the reporting analyst job description is a good way to get more applicants. A reporting analyst 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 reporting analyst in Nebraska may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level reporting analyst. Additionally, a reporting analyst with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $94,159 | $45 |
| 2 | Washington | $93,068 | $45 |
| 3 | Oregon | $86,052 | $41 |
| 4 | District of Columbia | $84,593 | $41 |
| 5 | New Jersey | $83,574 | $40 |
| 6 | Virginia | $82,317 | $40 |
| 7 | New York | $81,177 | $39 |
| 8 | Massachusetts | $80,519 | $39 |
| 9 | Maryland | $79,412 | $38 |
| 10 | Connecticut | $75,885 | $36 |
| 11 | Colorado | $74,957 | $36 |
| 12 | North Carolina | $74,938 | $36 |
| 13 | Rhode Island | $73,929 | $36 |
| 14 | Minnesota | $73,181 | $35 |
| 15 | Illinois | $73,152 | $35 |
| 16 | Texas | $72,260 | $35 |
| 17 | Pennsylvania | $72,061 | $35 |
| 18 | Arizona | $71,405 | $34 |
| 19 | Georgia | $71,394 | $34 |
| 20 | Ohio | $71,343 | $34 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $114,891 | $55.24 | 13 |
| 2 | Apple | $114,738 | $55.16 | 17 |
| 3 | PayPal | $114,510 | $55.05 | 1 |
| 4 | $110,571 | $53.16 | 19 | |
| 5 | Cisco | $106,887 | $51.39 | 10 |
| 6 | Bloomberg | $106,672 | $51.28 | 26 |
| 7 | Microsoft | $106,637 | $51.27 | 14 |
| 8 | American Tower | $104,094 | $50.05 | 5 |
| 9 | Cerberus Capital Management | $103,724 | $49.87 | |
| 10 | eBay | $103,575 | $49.80 | 5 |
| 11 | First Republic Bank | $103,173 | $49.60 | |
| 12 | Bed Bath & Beyond | $102,508 | $49.28 | |
| 13 | Atlassian | $102,086 | $49.08 | 1 |
| 14 | Texas Instruments | $101,603 | $48.85 | |
| 15 | Cargill | $100,828 | $48.48 | |
| 16 | Benjamin Moore | $100,573 | $48.35 | |
| 17 | Biogen | $99,998 | $48.08 | |
| 18 | Signature Bank | $99,335 | $47.76 | |
| 19 | MUFG EMEA | $99,306 | $47.74 | |
| 20 | BMO Capital Markets | $98,810 | $47.50 | 13 |
A reporting analyst 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. Below, you can find an example of a reporting analyst job description:
To find the right reporting analyst for your business, consider trying out a few different recruiting strategies:
Your first interview with reporting 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 found the reporting 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 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 reporting 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.
There are different types of costs for hiring reporting analysts. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new reporting analyst employee.
You can expect to pay around $73,478 per year for a reporting 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 reporting analysts in the US typically range between $26 and $45 an hour.