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Resource analyst hiring summary. Here are some key points about hiring resource analysts in the United States:
Here's a step-by-step resource analyst hiring guide:
A resource analyst is responsible for conducting data and statistical analysis, analyzing trends research, and identifying cost-reduction opportunities that would generate revenues and increase profits. Resource analysts evaluate budgeting and financial transactions and implement strategical methodologies to improve business operations, project management, and customer relationships. They also monitor the resource management of the business by coordinating with third-party providers and the senior management to facilitate operational concerns and requests for collaborative partnerships with the clients.
First, determine the employments status of the resource analyst you need to hire. Certain resource analyst roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A resource analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, resource 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 resource analyst salaries for various positions.
| Type of Resource Analyst | Description | Hourly rate |
|---|---|---|
| Resource 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. | $23-46 |
| Program Management Analyst | The job of a program management analyst involves optimizing business operations and analyzing organizational processes to increase productivity and maximize efficiency and profits. Program management analysts help track every company's schedule, budget, and delivery of goods and/or services... Show more | $26-54 |
| Planning Analyst | As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues... Show more | $23-44 |
Including a salary range in your resource analyst job description is one of the best ways to attract top talent. A resource analyst can vary based on:
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maryland | $77,523 | $37 |
| 2 | Texas | $75,015 | $36 |
| 3 | District of Columbia | $74,365 | $36 |
| 4 | Connecticut | $73,521 | $35 |
| 5 | Virginia | $73,520 | $35 |
| 6 | Massachusetts | $71,135 | $34 |
| 7 | Missouri | $69,001 | $33 |
| 8 | New York | $67,444 | $32 |
| 9 | Arizona | $67,418 | $32 |
| 10 | Oregon | $66,582 | $32 |
| 11 | California | $66,201 | $32 |
| 12 | Illinois | $64,601 | $31 |
| 13 | Minnesota | $63,535 | $31 |
| 14 | Colorado | $61,804 | $30 |
| 15 | Pennsylvania | $61,173 | $29 |
| 16 | Florida | $58,948 | $28 |
| 17 | Michigan | $55,338 | $27 |
| 18 | Nebraska | $52,840 | $25 |
| 19 | Montana | $49,858 | $24 |
| 20 | Wyoming | $49,754 | $24 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Mayo Clinic | $104,900 | $50.43 | 3 |
| 2 | Florida Power and Light | $102,469 | $49.26 | 11 |
| 3 | Tri-State G&T | $100,477 | $48.31 | |
| 4 | Excellus BCBS | $98,235 | $47.23 | |
| 5 | Florida Power & Light | $97,971 | $47.10 | |
| 6 | Booz Allen Hamilton | $97,239 | $46.75 | 100 |
| 7 | Chubb | $96,854 | $46.56 | 24 |
| 8 | Fried Frank | $90,280 | $43.40 | |
| 9 | Southern | $89,688 | $43.12 | 22 |
| 10 | NuVasive | $89,619 | $43.09 | |
| 11 | Torch Technologies | $88,040 | $42.33 | 5 |
| 12 | Mayer Brown | $86,963 | $41.81 | |
| 13 | Westar Energy | $85,448 | $41.08 | 1 |
| 14 | Avnet | $84,619 | $40.68 | 2 |
| 15 | Abt Associates | $84,268 | $40.51 | |
| 16 | Portland General Electric | $82,620 | $39.72 | |
| 17 | MetLife | $80,693 | $38.79 | 11 |
| 18 | Bell Flight | $80,485 | $38.69 | |
| 19 | Edward Jones | $79,915 | $38.42 | 7 |
| 20 | Spirit Airlines | $79,514 | $38.23 | 3 |
A resource 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. To help get you started, here's an example of a resource analyst job description:
To find resource analysts for your business, try out a few different recruiting strategies:
During your first interview to recruit resource analysts, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the resource analyst position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize 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.
After that, you can create an onboarding schedule for a new resource analyst. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Before you start to hire resource analysts, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire resource analysts pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
Resource analysts earn a median yearly salary is $68,662 a year in the US. However, if you're looking to find resource analysts for hire on a contract or per-project basis, hourly rates typically range between $23 and $46.