Data Analyst (Business Performance)

Career Area: Planning and Analysis

Occupation Group: Data Analysis and Mathematics

Salary

Percentile wages tell how much a certain percentage of an overall population in a geographic area or within a given industry or field makes. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.

An example would be the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value. At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.

A typical Data Analyst (Business Performance) earns the following wages (national and state):

State

The average salary in North Carolina for those pursuing this career is $65,284

National

The average salary in the United States for those pursuing this career is $70,480

What Does a Professional in this Career Do?

Analyzes business performance and outcome data, most often on behalf of an organization. May advise the organization on how to become more profitable through reduced costs, increased revenues and/or improved efficiency.

Employment Trends

The job demand and job growth statistics shown here were derived from job posts over the past year. Expected job growth projections are extrapolated from year-over-year job post listing history.

Job demand and job growth is expected at the following rates:

Skills

A professional in this position typically utilizes the following skills in the course of everyday work in this exciting and challenging field:

Baseline Skills

The following are baseline skills every Data Analyst (Business Performance) is expected to have in order to experience success in this field:

• Communication Skills: The ability to convey information to another effectively and efficiently.
• Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
• Planning: Working experience with the process of thinking about and organizing the activities required to achieve desired goals.
• Problem Solving: Problem solving consists of using generic or ad hoc methods, in an orderly manner, for finding solutions to problems.
• Teamwork / Collaboration: Experience working in collaborative efforts with a team to achieve a common goal or to complete a task in the most effective and efficient way.

Specialized Skills

These skills are specific to working in this career:

• Project Management: Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.
• Performance Analysis: Performance Analysis is the process of studying or evaluating the performance of a particular scenario in comparison of the objective which was to be achieved. Performance analysis can be do in finance on the basis of ROI, profits etc. In HR, performance analysis, can help to review an employees contribution towards a project or assignment, which he/she was allotted.
• Performance Management: Performance management (PM) includes activities which ensure that goals are consistently being met in an effective and efficient manner.
• Process Improvement: A continual improvement process, also often called a continuous improvement process (abbreviated as CIP or CI), is an ongoing effort to improve products, services, or processes.
• Data Analysis: Data analysis, also known as analysis of data or data analytics, is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, suggesting conclusions, and supporting decision-making.

Distinguishing Skills

Any Data Analyst (Business Performance) that possesses the following skills will stand out against the competition:

• Tableau: Tableau Software ( tab-LOH) is a software company headquartered in Seattle, Washington, United States which produces interactive data visualization products focused on business intelligence.
• Data Management: Data management comprises all the disciplines related to managing data as a valuable resource.
• Microsoft Power BI: Working experience of Microsoft Power BI. Power BI is a business analytics service provided by Microsoft. It provides interactive visualizations with self-service business intelligence capabilities, where end users can create reports and dashboards by themselves, without having to depend on information technology staff or database administrators.
• Benchmarking: Benchmarking is comparing one's business processes and performance metrics to industry bests and best practices from other companies.
• Data Visualization: Working experience with the creation and study of the visual representation of data. This includes communicating information clearly and efficiently, with the use of statistical graphs, plots, information graphics and other tools.

Experience

This position typically requires the following level of experience. The numbers presented in the pie charts below were derived from actual job posts over the past year. Not all job postings list experience requirements.

Common Job Titles

It is possible to find work in this field in positions commonly listed as the following job titles:

• Performance Improvement Specialist
• Performance Specialist
• Vauto Senior Performance Consultant
• Business Performance Analyst
• Stockwave Senior Performance Consultant

Similar Occupations

If you are interested in exploring similar occupations, you may want to research the following job titles:

• Senior Data Analyst
• Data Analyst (Marketing)
• Data Quality Analyst
• Data Analyst (General)
• Data Analyst (Healthcare)
• Business Intelligence Analyst
• Data Specialist
• Data Manager