Commercial Analyst Salary Overview
Salaries for Commercial Analysts are influenced by factors such as years of experience, industry certifications, geographic location, and the size of the company.
National Average: $55,000 - $110,000 per year
Experience-Based Salary Ranges
Entry Level (0-2 years)
$55,000 - $65,000
Mid Level (3-5 years)
$65,000 - $85,000
Senior Level (6-9 years)
$85,000 - $105,000
Manager/Director (10+ years)
$105,000 - $150,000+
Entry Level (0-2 years)
- Basic data analysis and reporting
- Support senior analysts
- Assist in financial modeling
- Learn industry-specific software
Mid Level (3-5 years)
- Develop complex financial models
- Lead small projects
- Collaborate with cross-functional teams
- Enhance data visualization techniques
Senior Level (6-9 years)
- Manage project portfolios
- Advise on strategic decisions
- Oversee junior analysts
- Conduct high-level market analysis
Manager/Director (10+ years)
- Direct commercial strategies
- Lead large teams
- Influence executive decision-making
- Drive company-wide financial initiatives
Regional Salary Variations
Geographic location significantly affects compensation for Commercial Analysts, with salaries typically higher in major metropolitan areas due to cost of living and demand.
New York City
$70,000 - $125,000
San Francisco
$75,000 - $130,000
Chicago
$65,000 - $110,000
Los Angeles
$68,000 - $115,000
Dallas
$60,000 - $105,000
Atlanta
$58,000 - $100,000
Phoenix
$55,000 - $95,000
Remote (US-based)
$60,000 - $110,000
- Higher salaries in coastal cities
- Adjustments for remote roles
- Consideration of local job market
- Influence of tech industry presence
Industry Salary Comparison
Commercial Analyst salaries can vary significantly across industries, with finance and technology sectors typically offering higher compensation compared to manufacturing or retail.
| Industry | Salary Range | Bonus/Equity | Growth Potential |
|---|---|---|---|
| Finance | $70,000 - $130,000 | High | Very Good |
| Technology | $75,000 - $125,000 | High | Very Good |
| Healthcare | $65,000 - $110,000 | Moderate | Good |
| Manufacturing | $60,000 - $95,000 | Low | Stable |
| Retail | $55,000 - $90,000 | Low | Limited |
Job Outlook and Career Growth
The demand for Commercial Analysts is growing as businesses increasingly rely on data-driven decision-making. The rise of big data and analytics tools has further fueled the need for skilled analysts.
- Growing demand for data analysis skills
- Emergence of new analytics tools
- Increased strategic role within companies
Salary Negotiation Tips
Negotiating your salary as a Commercial Analyst requires preparation and understanding of market trends to ensure you receive fair compensation.
Preparation Strategies
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Research Industry Standards
Understand typical salaries for your level and region.
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Assess Your Skills
Highlight unique skills or certifications.
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Identify Your Value
Quantify contributions to past employers.
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Prepare Your Pitch
Develop a compelling argument for your salary expectations.
During Negotiation
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Set a Realistic Range
Offer a salary range based on research.
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Be Confident
Speak assertively about your qualifications.
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Use Market Data
Leverage industry data to support your request.
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Emphasize Flexibility
Consider benefits and perks as part of the package.
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Know When to Walk Away
Have a clear bottom line and be prepared to leave if not met.