Average Research Analyst with Market Research Skills Salary in Chennai, Tamil Nadu
The average annual salary of Research Analyst is ₹5,49,772.00
The starting salary of Research Analyst is between ₹1,91,913.00 and ₹2,25,780.00 whereas the maximum salary range is between ₹10,60,000.00 and ₹12,19,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹1,91,913.00 | ₹12,19,000.00 |
Research Analyst Salary Comparison by Gender
This pie chart demonstrates the gender share for 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, male employees are involved significantly more as Research Analyst compared to female. Their involvement is 52% while of female is only 48%.
Salary Distribution Based on Years of Experience
The line graph shows Research Analyst salary in Chennai, Tamil Nadu, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Research Analyst working less than a year in a company, you notice that their annual salary starts around ₹4,98,495.92.
As the years of experience reaches 1 to 4, there is a significant increase of ₹65,732.84 which would give a total wage of INR564,228.76.
Once the experience reaches 5-9 years Research Analyst salary would decrease to a total of ₹4,83,233.10, subtracting ₹80,995.66 from the last salary.
Prominent Skills Affecting Research Analyst Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Research Analyst's salary. It clearly highlights the skills needed for a post of Research Analyst when hired by an employer.
The most vital skill expected of Research Analyst is Financial Analysis which impacts the most than the rest of the skills indicated with a staggering 41% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Analysis.
The skill least likely to affect one’s pay would be Financial Modeling with 10%. It can be said that Financial Modeling 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 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 ₹4,78,302.00 whereas the highest earning is ₹5,66,265.00 which clearly shows the salary increases with the level of expertise.
Early Career person will earn the maximum salary of ₹5,66,265.00 at 3%. So to summerize, Entry Level earns 8% less than the average salary, Early Career earns 3% more than the average salary, Mid Carrer earns 13% less than the average salary.
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