How Much Do SAP Functional 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 sap functional 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 sap functional 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 sap functional analysts are offering as compensation.
Keep reading to learn more about how much sap functional analysts can expect to make in the United States.
At a Glance: Salary & Jobs for SAP Functional Analysts
According to data from 2023, there were about 195,214 positions for sap functional analysts in the United States. In terms of salary, the national median salary for sap functional analysts was reported to be $108,014. Additionally, when examining job demand, employers across the country posted 213,669 job postings related to positions for sap functional analysts.
How Much Money Do SAP Functional Analysts Make?
Median salary is just one data point. To build a better understanding of how much money sap functional 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 sap functional analysts.
Annual Salary for SAP Functional Analysts
According to the BLS, the lowest earners for sap functional analysts and related professions earned about $61,069 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $184,101 annually.
As mentioned previously, the median salary for sap functional analysts in the United States in 2023 was $108,014.
Annual Salary Range For SAP Functional Analysts In 2023
Hourly Salary for SAP Functional Analysts
The BLS also breaks down compensation for sap functional analysts by hourly salary, and the median average hourly pay for sap functional analysts in 2023 was $52. Lowest hourly earners took home $29 while the highest reported hourly salaries for sap functional analysts was $89.
Hourly Salary Range For SAP Functional Analysts In 2023
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Advertised Compensation for SAP Functional Analysts
Data from the BLS is one way to dig into compensation for sap functional 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 sap functional 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 SAP Functional Analysts
Advertised Annual Salary
During a review of 283,789 job postings related to sap functional analysts, advertised salary was included in 97,889 of them, which was 34%. Based on those postings, the median advertised salary for sap functional analysts was $125,312 per year.
Hourly Salary from Job Postings for SAP Functional Analysts
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for sap functional analysts. Based on 46% of postings with advertised compensation, the median hourly salary for open positions for sap functional analysts in the United States is about $60.
Salary Trend for SAP Functional Analysts
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for sap functional 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 sap functional analysts dating back to September 2020, advertised salaries for sap functional analysts have increased 34%.
Advertised Wage Trend For SAP Functional Analysts
What's the Job Growth for SAP Functional 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 sap functional analysts over the next 10 years.
According to the data obtained through Lightcast,™ there were 195,161 jobs for sap functional analysts in the United States in 2023. By 2033, it is expected that about 70,559 jobs will be added. That's a 36.2% increase over the next 10-year period.
Employment Projections For SAP Functional Analysts
Additional Links
Ready to dig deeper into career information about sap functional analysts? Visit our other pages focused on salary and education for sap functional analysts.
What do sap functional analysts do?
SAP Functional Analysts: How do you become one?
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