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Reports analysis manager hiring summary. Here are some key points about hiring reports analysis managers in the United States:
Here's a step-by-step reports analysis manager hiring guide:
A reports analysis manager oversees the design and delivery of reports then analyzes the reports to evaluate business functions and key operations and performance metrics. They also recruit, train, develop and supervise analyst-level employees. They also ensure the accuracy of data and deliverables of reporting employees with comprehensive policies and processes. Examining and analyzing reports for stakeholders and leadership is also important in this role.
Before you start hiring a reports analysis 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.
You should also consider the ideal background you'd like them a reports analysis manager to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a reports analysis manager that fits the bill.
The following list breaks down different types of reports analysis managers and their corresponding salaries.
| Type of Reports Analysis Manager | Description | Hourly rate |
|---|---|---|
| Reports Analysis Manager | Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. | $35-61 |
| Manager Finance Planning And Analysis | A manager finance planning and analysis oversees the daily operations of a company's financial planning department. They typically have administrative duties such as setting goals and guidelines, establishing timelines and budgets, delegating tasks among teams and staff, and reviewing financial reports regularly... Show more | $36-71 |
| Banking Center Manager | A banking center manager is responsible for monitoring bank operations, auditing financial transactions, and ensuring that the banking staff provides the highest customer service for their clients. Banking center managers assist the team members in responding to the customers' inquiries and concerns regarding the financial options they offer, opening accounts, selling financial instruments, and resolving transactional complaints... Show more | $45-83 |
Including a salary range in the reports analysis manager job description is a good way to get more applicants. A reports analysis 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 reports analysis manager in Alabama may be lower than in Montana, and an entry-level engineer typically earns less than a senior-level reports analysis manager. Additionally, a reports analysis manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Hampshire | $111,504 | $54 |
| 2 | Nevada | $105,944 | $51 |
| 3 | Washington | $105,495 | $51 |
| 4 | New York | $104,790 | $50 |
| 5 | Florida | $104,716 | $50 |
| 6 | Massachusetts | $101,428 | $49 |
| 7 | District of Columbia | $99,760 | $48 |
| 8 | California | $99,568 | $48 |
| 9 | Virginia | $99,294 | $48 |
| 10 | New Jersey | $99,107 | $48 |
| 11 | North Carolina | $98,681 | $47 |
| 12 | Delaware | $97,347 | $47 |
| 13 | Maryland | $96,731 | $47 |
| 14 | Texas | $92,015 | $44 |
| 15 | Georgia | $91,610 | $44 |
| 16 | Ohio | $89,891 | $43 |
| 17 | Connecticut | $88,966 | $43 |
| 18 | Missouri | $87,454 | $42 |
| 19 | Michigan | $86,609 | $42 |
| 20 | Illinois | $85,779 | $41 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Rackspace | $115,390 | $55.48 | |
| 2 | Peabody Energy | $112,334 | $54.01 | 1 |
| 3 | JPMorgan Chase & Co. | $111,989 | $53.84 | 402 |
| 4 | Citrix | $110,353 | $53.05 | |
| 5 | East West Bank | $107,100 | $51.49 | 21 |
| 6 | Expedia Group | $104,918 | $50.44 | 7 |
| 7 | HSBC Bank | $102,956 | $49.50 | 2 |
| 8 | American Express | $101,597 | $48.84 | 23 |
| 9 | American Family Insurance | $101,076 | $48.59 | |
| 10 | Hotel Services | $99,766 | $47.96 | |
| 11 | Bank of America | $98,985 | $47.59 | 412 |
| 12 | Health First | $96,046 | $46.18 | 2 |
| 13 | Northern Trust | $95,921 | $46.12 | 4 |
| 14 | Marriott International | $95,252 | $45.79 | 63 |
| 15 | Choice Associates | $93,770 | $45.08 | |
| 16 | Elevance Health | $93,291 | $44.85 | |
| 17 | Munich Reinsurance America, Inc. | $93,087 | $44.75 | 4 |
| 18 | Glaxosmithkline | $92,422 | $44.43 | |
| 19 | DW Simpson Global Actuarial Recruitment | $91,544 | $44.01 | 8 |
| 20 | Aquatech | $91,499 | $43.99 |
A good reports analysis manager 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 reports analysis manager job description:
To find reports analysis managers for your business, try out a few different recruiting strategies:
Recruiting reports analysis managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
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 decided on a perfect reports analysis manager candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting reports analysis managers 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 $96,576 per year for a reports analysis manager, 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 reports analysis managers in the US typically range between $35 and $61 an hour.