Analyst Salaries in United Kingdom

The average salary for an Analyst is £47,756 per year in United Kingdom. Salaries estimates are based on 23578 salaries submitted anonymously to Glassdoor by an Analyst employees in United Kingdom.

The highest salary for an Analyst in United Kingdom is £66,975 per year.

The lowest salary for an Analyst in United Kingdom is £35,449 per year.

Analyst pay ranges widely, reflecting the range of positions that can fall under the umbrella term. Analysts in private sector roles are generally paid higher salaries than those in public sector or non-profit roles. A bachelor's degree is often the minimum that employers look for from analyst candidates, but candidates can increase their pay and opportunities by earning a masters degree or PhD. Additionally, analysts can use their highly valuable skillset to take on freelance or consulting projects.

Like many jobs, there's no substitute for experience as an analyst, but there are other factors to consider that can boost your salary. Pursuing a postgraduate degree, such as a master's or PhD in computer science or mathematics can fast track you into higher-paying positions more quickly. You also need excellent computer skills, and the ability to work with software such as Microsoft PowerBI and MySQL. Taking courses on these programs or completing certified training will help you position yourself as an expert and increase your value to a company. Location and industry also impact salary, but consider the cost of living if you are planning to relocate.

If you're looking to make more money as an analyst, don't search for vacancies or ask for a pay rise until you have a good idea of the market rate of an analyst in your industry and local area and with your level of experience. This will show you if your current salary is competitive. While you can generally ask for 10% to 20% above your current salary, ensure your level of experience can justify this, or aim for a little less.

If you're looking for a pay rise, you'll need to come prepared with recent highlights of your job performance or new responsibilities. However, when negotiating a new job offer, simply ask if there is any room for negotiation on the salary to get the ball rolling.

About 67.90% of Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £5,325 in potential pay per year, among other factors, can qualify the annual pay of an Analyst in United Kingdom as a good salary.

Analyst professionals in United Kingdom have a wide total pay range, between £27,686 and £95,654 depending on experience, with an estimated total pay of £47,756 following the average career path of an Analyst.