The Good, the Bad, and the Average: Understanding Business Intelligence Manager Salaries in 2021
If you’re considering a career in business intelligence management, or if you’re already in the field and want to know how you fare, understanding the average salaries of business intelligence managers is a good place to start. This article will delve into the nitty-gritty of business intelligence manager salaries in 2021, including the good, the bad, and the average.
What is Business Intelligence Management?
Before we dive into the salaries, let’s first clarify what business intelligence management is: it’s a key discipline within business and IT that involves using data to create insights and inform strategic decision-making. Business intelligence managers are responsible for overseeing the design, development, and implementation of business intelligence solutions, ensuring that they align with business objectives and improve operational efficiency.
What are the Salaries for Business Intelligence Managers in 2021?
According to Glassdoor’s Salary Estimate tool, the average base salary for a business intelligence manager in the United States is $108,136 per year. Of course, the salaries vary greatly depending on industry, company size, location, and experience.
The Good: High-Paying Industries and Areas
The salaries for business intelligence managers in the high-paying industries and areas can be quite impressive. According to Indeed, business intelligence managers working in the banking and finance industry can earn an average base salary of $129,921 per year. Similarly, those working in the technology industry can earn an average base salary of $127,250 per year.
In terms of areas, business intelligence managers working in San Francisco, USA, can expect to earn an average base salary of $152,072 per year, while those working in London, United Kingdom, can expect around £72,000 per year.
The Bad: Low-Paying Industries and Areas
On the flip side, business intelligence managers working in the low-paying industries and areas may not be making as much. For example, those working in the retail industry can expect an average base salary of $94,283 per year. Business intelligence managers working in Phoenix, Arizona, can also expect to receive an average base salary of $87,999 per year.
The Average: The Average Business Intelligence Manager Salary
So, what is the average business intelligence manager salary in the United States? As we mentioned earlier, it’s $108,136 per year. But, the average salary varies widely depending on experience and other factors. Business intelligence managers with 1-2 years of experience can expect an average salary of $85,000 per year, while those with more than 10 years of experience can expect an average salary of $137,000 per year.
Key Takeaways
Knowledge is power, and in this case, understanding the average salaries of business intelligence managers will help you make an informed decision about your career. Here are the key takeaways from this article:
– The average base salary for a business intelligence manager in the United States is $108,136 per year.
– Salaries can vary greatly depending on industry, company size, location, and experience.
– High-paying industries and areas include banking and finance, technology, and San Francisco, USA.
– Low-paying industries and areas include retail and Phoenix, Arizona.
– The average salary varies widely depending on experience, with salaries ranging from $85,000 to $137,000 per year.
In conclusion, the salaries of business intelligence managers can be quite lucrative, but they vary greatly depending on several factors. By understanding the average salaries for business intelligence managers, you can make an informed decision about your career path and set realistic expectations for your salary.
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