Analyst: What is the cost of hiring?

Why hire an Analyst?

The need for new staff can impact both your existing team and your bottom line.

A great Analyst can help your business:

• Make strategic decisions about offering new products or services
• Determine which products or services are providing the most return on investment (ROI)
• Identify internal and external key performance indicators KPIs

Skills to look for in a great Analyst

An excellent Analyst candidate will have the following skills and attributes as well as work experience that reflects:

• A Bachelor’s Degree or higher in statistics, economics, finance, business
• Familiarity with the most commonly used database and data warehousing systems, e.g., RDBMS, Amazon Redshift, Google BigQuery, etc.
• Anywhere from two to five (or more) years of SQL experience
• Able to work in a collaborative environment
• High level of problem solving capability
• Excellent written and oral communication

Writing an Analyst job description

A complete job description is fundamental to attracting qualified Analyst candidates. An Analyst job description should include a thorough summary of the role, a detailed list of duties and responsibilities, and both the required and preferred qualifications for the job.

Consider including keywords that job seekers are using to search for Analyst jobs, such as:

• Business Analyst
• Analyst
• Data Analyst

Interviewing Analyst candidates

Strong candidates for Analyst positions will be confident answering questions regarding:

• Querying data from a database using SQL
• Statistical techniques for arriving at a descriptive or predictive analysis
• Intermediate to advanced Excel functions

See our list of interview questions for more examples.