How Much Do Workforce Analysts Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary workforce analysts make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for workforce analysts and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of workforce analysts are offering as compensation.
Keep reading to learn more about how much workforce analysts can expect to make in the United States.
At a Glance: Salary & Jobs for Workforce Analysts
According to data from 2022, there were about 97,425 positions for workforce analysts in the United States. In terms of salary, the national median salary for workforce analysts was reported to be $67,787. Additionally, when examining job demand, employers across the country posted 71,786 job postings related to positions for workforce analysts.
How Much Money Do Workforce Analysts Make?
Median salary is just one data point. To build a better understanding of how much money workforce analysts and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for workforce analysts.
Annual Salary for Workforce Analysts
According to the BLS, the lowest earners for workforce analysts and related professions earned about $42,245 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $117,062 annually.
As mentioned previously, the median salary for workforce analysts in the United States in 2022 was $67,787.
Annual Salary Range For Workforce Analysts In 2022
Hourly Salary for Workforce Analysts
The BLS also breaks down compensation for workforce analysts by hourly salary, and the median average hourly pay for workforce analysts in 2022 was $33. Lowest hourly earners took home $20 while the highest reported hourly salaries for workforce analysts was $56.
Hourly Salary Range For Workforce Analysts In 2022
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Advertised Compensation for Workforce Analysts
Data from the BLS is one way to dig into compensation for workforce analysts, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for workforce analysts.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Workforce Analysts
Advertised Annual Salary
During a review of 75,004 job postings related to workforce analysts, advertised salary was included in 21,422 of them, which was 29%. Based on those postings, the median advertised salary for workforce analysts was $62,848 per year.
Hourly Salary from Job Postings for Workforce Analysts
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for workforce analysts. Based on 30% of postings with advertised compensation, the median hourly salary for open positions for workforce analysts in the United States is about $30.
Salary Trend for Workforce Analysts
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for workforce analysts. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for workforce analysts dating back to September 2019, advertised salaries for workforce analysts have increased 3%.
Advertised Wage Trend For Workforce Analysts
What's the Job Growth for Workforce Analysts?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for workforce analysts over the next 10 years.
According to the data obtained through Lightcast,™ there were 97,330 jobs for workforce analysts in the United States in 2022. By 2032, it is expected that about 12,550 jobs will be added. That's a 12.9% increase over the next 10-year period.
Employment Projections For Workforce Analysts
Additional Links
Ready to dig deeper into career information about workforce analysts? Visit our other pages focused on salary and education for workforce analysts.
What do workforce analysts do?
Workforce Analysts: How do you become one?
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