2017 Salary Survey - Senior research analyst salary at a market research company

Abstract

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.

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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

Senior research analyst salary by:

Region in which located
	Count	Base	Bonus	Div.*	Other*	Total
North East (CT, MA, ME, NH, RI, VT)	4	$74,500	$2,500	$0	$250	$77,250
Mid Atlantic (NJ, NY, PA)	10	$77,900	$2,100	$600	$400	$81,000
East North Central (IL, IN, MI, OH, WI)	11	$72,455	$4,818	$1,000	$636	$78,909
West N. Central (IA, KS, MN, MO, NE, ND, SD)	4	$72,000	$1,000	$0	$0	$73,000
S. Atlantic (DC, DE, FL, GA, MD, NC, SC, VA, WV)	5	$68,200	$1,400	$0	$600	$70,200
East South Central (AL, KY, MS, TN)	2	$82,000	$5,000	$500	$3,500	$91,000
West South Central (AR, LA, OK, TX)	2	$91,500	$0	$0	$0	$91,500
Mountain (AZ, CO, ID, MT, NM, NV, UT, WY)	5	$71,800	$2,200	$12,400	$0	$86,400
Pacific Coast (AK, CA, HI, OR, WA)	3	$81,667	$5,000	$0	$0	$86,667
Canada	2	$56,500	$2,500	$0	$1,000	$60,000
Mexico
Central and South America	1	$22,000	$0	$0	$4,000	$26,000
Eastern Europe	2	$7,000	$500	$0	$0	$7,500
Western Europe	2	$49,500	$0	$1,500	$0	$51,000
Asia	4	$22,500	$1,250	$0	$2,750	$26,500
Middle East
Africa	1	$106,000	$0	$0	$3,000	$109,000
Australia/New Zealand
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Annual revenue/sales of organization
	Count	Base	Bonus	Div.*	Other*	Total
< $1 Million US dollars	8	$50,250	$625	$0	$500	$51,375
$1M - $3M	10	$72,600	$3,500	$1,000	$400	$77,500
$3M - $6M	8	$70,500	$3,000	$8,250	$250	$82,000
$6M - $10M	6	$64,667	$3,500	$500	$1,333	$70,000
$10M - $50M	13	$69,000	$1,615	$154	$385	$71,154
$50M - $100M	2	$74,000	$3,000	$500	$0	$77,500
$100M - $300M	3	$84,000	$4,000	$0	$1,000	$89,000
$300M - $500M	2	$83,500	$2,000	$500	$2,500	$88,500
$500M - $1 Billion	3	$29,667	$333	$0	$3,667	$33,667
>$1 Billion US dollars	2	$97,500	$5,500	$0	$0	$103,000
Mean	57	$67,158	$2,456	$1,456	$737	$71,807

Number of full-time equivalent market researchers on staff
	Count	Base	Bonus	Div.*	Other*	Total
0
1 - 2	2	$82,000	$500	$0	$0	$82,500
3 - 5	6	$60,000	$4,667	$1,667	$500	$66,833
6 - 10	9	$67,000	$1,889	$3,778	$556	$73,222
11 - 15	7	$67,429	$1,714	$4,571	$0	$73,714
16 - 25	8	$70,875	$3,375	$0	$250	$74,500
>25	26	$66,615	$2,192	$269	$1,231	$70,308
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Number of years of experience in marketing research
	Count	Base	Bonus	Div.*	Other*	Total
< 1 year	1	$115,000	$0	$0	$0	$115,000
1 - 2	2	$67,500	$2,500	$0	$1,500	$71,500
3 - 5	23	$56,870	$3,174	$435	$1,043	$61,522
6 - 10	12	$58,167	$2,083	$2,667	$333	$63,250
11 - 15	8	$84,000	$2,125	$3,750	$0	$89,875
16 - 25	7	$76,857	$3,000	$1,429	$0	$81,286
>25	5	$86,400	$200	$200	$2,200	$89,000
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Years at current job
	Count	Base	Bonus	Div.*	Other*	Total
< 1 year	8	$63,000	$1,375	$375	$750	$65,500
1 - 2	14	$67,786	$2,214	$0	$1,643	$71,643
3 - 5	21	$62,476	$2,810	$381	$476	$66,143
6 - 10	8	$73,000	$3,875	$4,000	$0	$80,875
11 - 15	5	$82,600	$2,000	$6,000	$600	$91,200
16 - 25	2	$68,000	$0	$5,000	$0	$73,000
>25
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Number of employees supervised
	Count	Base	Bonus	Div.*	Other*	Total
0 (None)	38	$67,605	$2,395	$2,053	$684	$72,737
1 - 2	15	$60,800	$2,467	$267	$400	$63,933
3 - 5	3	$81,000	$4,000	$0	$1,667	$86,667
6 - 10
> 10	1	$89,000	$0	$1,000	$5,000	$95,000
Mean	57	$66,895	$2,456	$1,456	$737	$71,544

Highest degree achieved
	Count	Base	Bonus	Div.*	Other*	Total
High-school graduate	1	$89,000	$0	$1,000	$5,000	$95,000
College graduate	27	$64,778	$2,556	$296	$296	$67,926
Masters program graduate	23	$65,826	$3,043	$1,913	$1,261	$72,043
Ph.D. graduate	7	$78,000	$429	$4,286	$0	$82,714
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Gender
	Count	Base	Bonus	Div.*	Other*	Total
Male	26	$66,846	$2,000	$1,346	$731	$70,923
Female	32	$67,500	$2,813	$1,500	$719	$72,531
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

Age
	Count	Base	Bonus	Div.*	Other*	Total
< 25	1	$67,000	$6,000	$0	$1,000	$74,000
25 - 30	19	$51,895	$2,000	$211	$1,368	$55,474
31 - 35	6	$59,833	$1,833	$1,000	$0	$62,667
36 - 45	18	$78,111	$3,611	$1,833	$500	$84,056
46 - 55	12	$74,000	$1,833	$3,333	$250	$79,417
56 - 65	1	$106,000	$0	$0	$3,000	$109,000
66+	1	$86,000	$0	$0	$0	$86,000
Mean	58	$67,207	$2,448	$1,431	$724	$71,810

*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.