Price analyst salary

What does it mean to work as a Pricing Analyst?

Working as a Pricing Analyst involves being responsible for analyzing and evaluating prices of products and services. Pricing Analysts often work within companies involved in sales and marketing, and their main task is to develop and optimize pricing strategies. This requires being analytical and comfortable with handling large amounts of data to make well-informed decisions about pricing.

Salary and Salary Development for Pricing Analysts

The average salary for a Pricing Analyst is 42 800 SEK per month. There has been an increase from the previous 39 400 SEK, indicating a positive salary development within the profession. For men, the average salary is 44 300 SEK, while women earn 40 900 SEK, meaning that women earn 92% of men's salary. An hourly paid Pricing Analyst has an average hourly wage of 257 SEK based on 166 working hours per month.

Salary Range for Pricing Analysts

The salary for Pricing Analysts can vary depending on educational level and sector of work. The highest salary in the profession is 50,000 SEK, belonging to a male employed as a private sector executive with a post-secondary education of at least three years. For women, the highest salary is 41,000 SEK. The lowest salary for a Pricing Analyst is 37,600 SEK for men with a three-year secondary education, while for women it is 40 900 SEK.

Education and Qualifications

To become a Pricing Analyst, a higher education in economics, statistics, or similar subjects is usually required. Many employers also seek knowledge in data analysis and experience in working with pricing tools. A post-secondary education of three years or more can be an advantage and increases opportunities for higher salary and better career prospects.

Key Skills for a Pricing Analyst

• Analytical skills and computer literacy
• Understanding of market dynamics and consumer behavior
• Communication skills to present and explain pricing strategies
• Ability to work under pressure and adapt to changes

Working Conditions and Benefits

Work as a Pricing Analyst is often done in an office, but many companies also offer the opportunity to work from home. There may also be benefits such as a company-paid mobile phone and paid training to promote continuous professional development. However, these benefits depend on the employer and the specific role within the organization.

Future Outlook and Challenges

The future outlook for Pricing Analysts is relatively good, especially considering the increasing digitization and the need for data-driven decisions within companies. Challenges in the profession may include staying updated with market trends and changes, as well as managing competition in the job market, especially for those with less experience or education.

Tips for Success as a Pricing Analyst

• Stay updated with the latest trends in pricing and market analysis
• Develop your analytical skills through continuous education and training
• Build a strong professional network to gain insights and opportunities in the industry
• Be prepared to adapt quickly to changes and new challenges