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The market research salary and compensation survey was conducted online from June 5 to June 23, 2017 among Quirk’s subscribers. In total we received 2,637 responses. We received 858 usable surveys from client-side researchers (corporate market research) and 1,422 usable surveys from provider-side researchers (market research company employees). An interval (margin of error) of 1.9 at the 95 percent confidence level was achieved. (Not all respondents answered all questions.)

 

 

For a complete survey results follow the link below:
Market research salaries by job title

Business/market analyst salary by:


Industry


Count
Base
Bonus
Div.*
Other*
Total
Advertising/Public Relations  
  
  
  
  
  
Agriculture











Automotive











Banking/Financial
1
$90,000
$3,000
$0
$0
$93,000
Building Materials/Products











Computer Hardware/Software
1
$95,000
$10,000
$0
$0
$105,000
Construction/Housing
2
$52,000
$500
$0
$0
$52,500
Consulting











Consumer Goods
1
$80,000
$4,000
$0
$0
$84,000
Education











Entertainment











Food/Beverage
1
$50,000
$0
$0
$1,000
$51,000
Government











Health Care/Pharmaceuticals
3
$96,333
$1,667
$0
$0
$98,000
Hospitality (hotels, etc.)
1
$48,000
$0
$0
$0
$48,000
Insurance
3
$61,667
$1,333
$1,000
$0
$64,000
Manufacturing
1
$65,000
$2,000
$0
$67,000
$134,000
Media/Publishing/Information











Non-Profits











Retail
1
$88,000
$10,000
$0
$0
$98,000
Technology/IT/Web
1
$35,000
$0
$0
$0
$35,000
Telecommunications











Transportation











Travel
1
$56,000
$0
$0
$0
$56,000
Utilities/Energy











Other
1
$13,000
$0
$0
$0
$13,000
Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Region in which located


Count
Base
Bonus
Div.*
Other*
Total
North East (CT, MA, ME, NH, RI, VT)
1
$51,000
$0
$0
$0
$51,000
Mid Atlantic (NJ, NY, PA)
4
$72,750
$1,500
$0
$16,750
$91,000
East North Central (IL, IN, MI, OH, WI)
3
$89,333
$4,333
$0
$0
$93,667
West N. Central (IA, KS, MN, MO, NE, ND, SD)
2
$68,000
$0
$0
$0
$68,000
S. Atlantic (DC, DE, FL, GA, MD, NC, SC, VA, WV)
5
$69,000
$3,200
$0
$0
$72,200
East South Central (AL, KY, MS, TN)











West South Central (AR, LA, OK, TX)











Mountain (AZ, CO, ID, MT, NM, NV, UT, WY)











Pacific Coast (AK, CA, HI, OR, WA)











Canada
2
$47,000
$2,000
$1,500
$500
$51,000
Mexico











Central and South America
1
$13,000
$0
$0
$0
$13,000
Eastern Europe











Western Europe











Asia











Middle East











Africa











Australia/New Zealand











Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Annual revenue/sales of organization


Count
Base
Bonus
Div.*
Other*
Total
< $1 Million US dollars











$1M - $3M











$3M - $6M











$6M - $10M











$10M - $50M
3
$57,000
$3,333
$0
$0
$60,333
$50M - $100M
3
$52,000
$1,000
$0
$22,667
$75,667
$100M - $300M
2
$69,500
$0
$0
$0
$69,500
$300M - $500M











$500M - $1 Billion
1
$90,000
$0
$0
$0
$90,000
>$1 Billion US dollars
7
$78,429
$3,143
$429
$0
$82,000
Mean
16
$69,063
$2,188
$188
$4,250
$75,688













Number of full-time equivalent market researchers on staff


Count
Base
Bonus
Div.*
Other*
Total
0











1 - 2
11
$71,273
$2,909
$0
$6,182
$80,364
3 - 5
5
$56,000
$1,400
$600
$0
$58,000
6 - 10
1
$51,000
$0
$0
$0
$51,000
11 - 15











16  - 25











>25
1
$83,000
$0
$0
$0
$83,000
Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Number of years of experience in marketing research


Count
Base
Bonus
Div.*
Other*
Total
< 1 year
3
$69,000
$0
$0
$0
$69,000
1 - 2
1
$35,000
$0
$0
$0
$35,000
3 - 5
2
$49,500
$0
$0
$0
$49,500
6 - 10
6
$68,333
$2,333
$500
$11,167
$82,333
11 - 15
2
$31,500
$0
$0
$500
$32,000
16  - 25
1
$118,000
$5,000
$0
$0
$123,000
>25
3
$88,667
$6,667
$0
$0
$95,333
Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Years at current job


Count
Base
Bonus
Div.*
Other*
Total
< 1 year
5
$76,000
$0
$0
$0
$76,000
1 - 2
8
$50,000
$1,250
$375
$125
$51,750
3 - 5
3
$81,000
$5,000
$0
$22,333
$108,333
6 - 10
2
$87,500
$7,000
$0
$0
$94,500
11 - 15











16  - 25











>25











Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Number of employees supervised


Count
Base
Bonus
Div.*
Other*
Total
0 (None)
17
$65,765
$2,059
$176
$4,000
$72,000
1 - 2
1
$80,000
$4,000
$0
$0
$84,000
3 - 5











6 - 10











> 10











Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Highest degree achieved


Count
Base
Bonus
Div.*
Other*
Total
High-school graduate











College graduate
12
$69,417
$2,083
$250
$5,583
$77,333
Masters program graduate
6
$60,833
$2,333
$0
$167
$63,333
Ph.D. graduate











Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Gender


Count
Base
Bonus
Div.*
Other*
Total
Male
5
$78,200
$2,600
$0
$0
$80,800
Female
13
$62,077
$2,000
$231
$5,231
$69,538
Mean
18
$66,556
$2,167
$167
$3,778
$72,667













Age


Count
Base
Bonus
Div.*
Other*
Total
< 25











25 - 30
6
$50,500
$833
$500
$0
$51,833
31 - 35
3
$67,667
$1,333
$0
$0
$69,000
36 - 45
2
$31,500
$0
$0
$500
$32,000
46 - 55
4
$90,750
$2,500
$0
$16,750
$110,000
56 - 65
3
$88,667
$6,667
$0
$0
$95,333
66+











Mean
18
$66,556
$2,167
$167
$3,778
$72,667


*Bonus was defined as bonus or commission for 2016 in US dollars.

*Dividends were defined as compensation in the form of dividends, stock options or profit sharing in US dollars for 2016.

*Other was defined as annual value of other compensation (company car, health club membership, mobile phone etc.) in US dollars.