Average Market Research Analyst with Research Analysis Skills Salary in Toronto, Ontario
The average annual salary of Market Research Analyst is $53,286.00
The starting salary of Market Research Analyst is between $39,474.00 and $46,440.00 whereas the maximum salary range is between $60,420.00 and $69,483.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$39,474.00 | $69,483.00 |
Market Research Analyst Salary Comparison by Gender
This pie chart demonstrates the gender share for Market Research Analyst. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Market Research Analyst compared to male. Their involvement is 79% while of male is only 21%.
Salary Distribution Based on Years of Experience
The line graph shows Market Research Analyst salary in Toronto, Ontario, Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Market Research Analyst working less than a year in a company, you notice that their annual salary starts around $46,980.36.
As the years of experience reaches 1 to 4, there is a significant increase of $3,011.72 which would give a total wage of CAD49,992.08.
Prominent Skills Affecting Market Research Analyst Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Market Research Analyst's salary. It clearly highlights the skills needed for a post of Market Research Analyst when hired by an employer.
The most vital skill expected of Market Research Analyst is Market Analysis which impacts the most than the rest of the skills indicated with a staggering 43% comparatively. Therefore, one’s salary would greatly depend on their skills in Market Analysis.
The skill least likely to affect one’s pay would be Microsoft Excel with 7%. It can be said that Microsoft Excel skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Market Research Analyst. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $49,556.00 whereas the highest earning is $52,753.00 which clearly shows the salary increases with the level of expertise.
Early Career person will earn the maximum salary of $52,753.00 at -1%. So to summerize, Entry Level earns 7% less than the average salary, Early Career earns 1% less than the average salary.
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