What are the job responsibilities of a Market Research Analyst? What does an individual in this position get paid in Ohio?
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Get Your Report Now!Here is the position summary for Market Research Analyst as found in BLR’s Salary Finder:
Researches market conditions in local, regional, or national areas to determine potential sales of a product or service. May gather information on competitors, prices, sales, and methods of marketing and distribution. May use survey results to create a marketing campaign based on regional preferences and buying habits.
In Ohio, the midpoint of salaries reported for the position (50th percentile) is $59,643. The 75th percentile (the rate below which 75% of salary data falls) is $80,243. The 25th percentile (the rate below which 25% of the data falls) is $45,230.
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How much should you pay a Market Research Analyst?
Compensation.BLR.com, a leading provider of compensation data, scores this job as exempt (not entitled to overtime). According to Compensation.BLR.com's rate ranges, grade 34 has a minimum of $49,814. The midpoint is $63,865, and the maximum is $79,830.
How much should an employer be paying a Market Research Analyst in Ohio? It depends on many factors, but the most important are the experience and skills of the employee or applicant. Answer these questions: How much experience does he or she have? How highly skilled is he or she? Then, use the table below. Interpolate as necessary.
Applicant's Skills and Experience |
---|
| Beginner | Competent | Expert |
Salary Survey | | | |
National | $44,600 | $61,580 | $85,230 |
Ohio | $45,230 | $59,643 | $80,243 |
| | | |
Rate Range (Grade 34) | | | |
National | $49,814 | $63,865 | $79,830 | Ohio | $46,568 | $59,704 | $74,627 |