Business Intelligence Analyst Salary UK – How Much Do They Make?

How much is a Business Intelligence Analyst’s Salary in the UK? 

In the United Kingdom, the average compensation for a business intelligence analyst salary UK is £40,000 per year or £20.51 per hour on average. Beginning salaries for entry-level roles start at £32,500 per year, with the most experienced employees earning up to £55,000 per year. 

Business Intelligence Analyst Salary Distribution in the United Kingdom

Salary and Benefits

Pay ranges from 34,900 GBP per year (lowest income) to 121,000 GBP per year (highest compensation) for Business Intelligence Analysts in the United Kingdom (maximum salary).

Salary on the Median Scale

In the United Kingdom, the median annual pay for Business Intelligence Analyst(s) is 82,000 GBP, which indicates that half (50 per cent) of those employed as Business Intelligence Analyst(s) make less than 82,000 GBP and the other half earn more than 82,000 GBP, but the business analyst salary London may vary. The median pay is defined as the wage that lies in the middle of a range of salaries. It is often preferable to be on the right side of the graph, in the group receiving more than the median wage, rather than on the left side, since the former is more secure.

Percentiles

A tight relationship exists between the median and two additional values: the 25th percentile and the 75th percentile. According to the pay distribution map, 25% of Business Intelligence Analyst(s) make less than 52,600 GBP, while 75% earn more than 52,600 GBP on average every year. Additionally, according to the graphic, 75 per cent of Business Intelligence Analyst(s) make less than 109,000 GBP, with 25 per cent earning more than 109,000 GBP in their profession. 

Business Intelligence Analyst Salary Comparison by Years of Experience 

An essential component in deciding compensation is the employee’s amount of experience. Naturally, the more years of experience you have, the more money you earn. We looked at the pay of Business Intelligence Analysts based on their degree of experience and discovered the following.

A Business Intelligence Analyst with less than two years of experience can expect to earn around 39,600 GBP per year in the United Kingdom.

While someone with between two and five years of experience is predicted to earn 52,900 GBP per year, this is a 34 per cent increase over someone with less than two years of experience. 

Someone with between five and 10 years of experience earns 78,200 GBP per year, which is 48 per cent more than someone with just two to five years of experience in the same position. 

Additionally, Business Intelligence analysts with ten to fifteen years of experience earn a compensation similar to 95,400 GBP per year, which is 22 per cent higher than the pay of someone with five to ten years of experience.

A salary of 104,000 GBP per year is expected for those with fifteen to twenty years of experience, which is nine per cent more than the salary of an individual with ten to fifteen years of experience.

Finally, individuals with more than twenty years of professional experience get an annual salary of 113,000 GBP, which is 8% more than the annual compensation received by employees with fifteen to twenty years of professional experience

Business Intelligence Analyst Salary Comparison By Education

We all know that greater education leads to a better wage, but do we realize how much more money a degree may bring in? We split down Business Intelligence Analyst salaries by education level and experience to create a comparison.

Business Intelligence Analysts earn an average income of 45,200 GBP per year when they have a Certificate or Diploma in their field.

In contrast, someone with a Bachelor’s Degree earns £70,900 a year, 57 per cent more than someone with a Certificate or Diploma degree.

A Master’s Degree earns its bearer an average income of 119,000 GBP per year, 68 per cent more than a Bachelor’s Degree earns in the same period. 

Business Intelligence Analyst Salary Comparison By Gender 

Even though gender should not impact compensation, in practice, it does. So, who gets paid more: males or women, in this instance? Average annual earnings for men working as Business Intelligence Analysts in the United Kingdom are around 5% more than those earned by their female colleagues. 

Business Intelligence Analyst Average Annual Salary Increment Percentage in the United Kingdom 

Businesses in the United Kingdom may expect to see an average wage rise of roughly 13 per cent every 16 months for their Business Intelligence Analyst(s). Employees get a 9 per cent yearly rise on average, distributed every 15 months, on a national level for all professions combined.

However, since it is unusual for individuals to have their salary reviewed precisely at the one-year mark, it is more useful to know the frequency and rate of rising at the time of review. Therefore, the phrase “Annual Salary Increase” normally refers to a 12-month calendar period increase.

What is the formula for calculating the pay increase percentage?

The yearly pay increase in a calendar year (12 months) may be determined in a straightforward manner using the following formula: Annual Salary Increase = Increase Rate x 12 Increase Frequency = Annual Salary Increase. 

Business Intelligence Analyst Bonus and Incentive Rates in the United Kingdom

As a result of their relatively limited engagement indirect income production, Business Intelligence Analysts are regarded to be a moderately lucrative bonus-based position, with a few notable exceptions. The individuals who get the greatest incentives are almost always engaged in the revenue production cycle in some capacity.

39 per cent of those polled said that they had received no bonuses or incentives in the preceding year, while 61 per cent stated that they had received at least one type of monetary compensation.

People who received bonuses said that they received incentives ranging from 2 per cent to 7 per cent of their yearly salaries. 

Conclusion 

Working for a private corporation or for the government, which is more lucrative, is the question. Employees in the public sector in the United Kingdom earn, on average, 4 per cent more than their private-sector colleagues across all industries in the country. We hope that this information will help you understand how much a Business Intelligence Analyst’s Salary is in the UK.