How To Become A Resource Analyst: What It Is and Career Path

What is a resource analyst and how to become one

Updated January 8, 2025

4 min read

Quoted expert

Erik Johnson Ph.D.

The resource analyst is in charge of conducting data and statistical analysis, identifying cost reduction opportunities, and analyzing trends research that would increase profits and generate revenues. You will analyze data and statistics for trends and patterns with attention to recruitment, hiring practices, turnover, motivation, and compliance with employment laws and regulations. You will also ensure compliance with data privacy regulations and best practices. Preparation of reports of data results, presenting and explaining findings to senior leadership and management are also part of your duties. Similarly, you will assist the Human Resource Leadership with staffing, recruiting, and departmental budgets.

A Bachelor's degree in Human resources, Business Administration, or related field is required for the post of Resource Analyst. Professional certification is an added advantage. Excellent verbal and written communication skills are required for the post. Strong analytical and problem-solving skills are important. You must be proficient and have the ability to quickly learn the payroll and similar employee management software. You will earn an average of $64,403 a year.

What general advice would you give to a resource analyst?

Erik Johnson Ph.D.

Assistant Professor of Economics, Carthage College

Economics gives you a set of tools to analyze a variety of policy and business problems. However, determining which tools to apply in which situation requires that you learn the industry, you are working from top to bottom. When you begin a new job in a new field, be sure to do everything you can to understand how the organization and the industry work to understand the primary incentives that everyone faces. One right way to do this is to make as many connections within the company you are working for as possible, and always be on the lookout for new opportunities within the company and how they can help you learn more. Moreover, do your best to ensure that a significant portion of your job involves some creative endeavors, such as economic modeling or building tools for yourself or others to use. As computing power continues to become cheaper, and artificial intelligence becomes more advanced, relatively repetitive tasks become more comfortable and easier to automate. Therefore, you will have less job security. Creative tasks, such as modeling and tool building, are difficult to automate and are more likely to provide you with more satisfaction.

ScoreResource AnalystUS Average

Salary

5.4

Avg. Salary $68,662

Avg. Salary $59,228

Stability level

6.8

Growth rate 11%

Growth rate 0.3%

Diversity

6.0

Race

American Indian and Alaska Native 0.17%

Asian 11.57%

Black or African American 8.59%

Hispanic or Latino 9.26%

Unknown 4.54%

White 65.87%

Gender

female 53.72%

male 46.28%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

6.8

Stress level is high

7.1 - high

Complexity level

8.7

Complexity level is advanced

7 - challenging

Work life balance

2.2

Work life balance is very poor

6.4 - fair

Key steps to become a resource analyst

Explore resource analyst education requirements

Most common resource analyst degrees

Bachelor's

64.2 %

Master's

15.4 %

Associate

13.5 %

Start to develop specific resource analyst skills

Skills	Percentages
Resource Management	22.25%
Customer Satisfaction	13.00%
Financial Analysis	7.45%
Financial Management	7.32%
Financial Reports	4.53%

Complete relevant resource analyst training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New resource analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a resource analyst based on U.S. Bureau of Labor Statistics data and data from real resource analyst resumes.

Research resource analyst duties and responsibilities

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