BI Analyst Salary in United Kingdom during 2024

Salary details

The average BI Analyst salary lies between USD 47,500 and USD 56,250 in the United Kingdom. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Dec. 22, 2024

Top 20 Job Tags for BI Analyst roles

The three most common job tag items assiciated with BI Analyst job listings are SQL, Power BI and Business Intelligence. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

SQL | 348 jobs Power BI | 296 jobs Business Intelligence | 244 jobs Tableau | 206 jobs Data analysis | 193 jobs Python | 170 jobs Excel | 155 jobs Statistics | 139 jobs Data Analytics | 126 jobs Data visualization | 126 jobs Engineering | 121 jobs Finance | 120 jobs Computer Science | 113 jobs ETL | 111 jobs Security | 98 jobs Agile | 93 jobs R | 89 jobs Data quality | 82 jobs Azure | 81 jobs Research | 78 jobs

Top 20 Job Perks/Benefits for BI Analyst roles

The three most common job benefits and perks assiciated with BI Analyst job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 234 jobs Health care | 121 jobs Flex hours | 98 jobs Competitive pay | 84 jobs Team events | 81 jobs Startup environment | 69 jobs Medical leave | 49 jobs Insurance | 49 jobs Equity / stock options | 46 jobs Salary bonus | 46 jobs Flex vacation | 42 jobs Parental leave | 38 jobs 401(k) matching | 23 jobs Wellness | 20 jobs Relocation support | 10 jobs Home office stipend | 8 jobs Flexible spending account | 7 jobs Gear | 6 jobs Transparency | 6 jobs Lunch / meals | 5 jobs

Salary Composition

In the United Kingdom, the salary composition for a BI Analyst in AI/ML/Data Science typically includes a fixed base salary, which forms the majority of the total compensation package. This base salary can vary significantly depending on the region, industry, and company size. For instance, positions in London or within the finance and tech industries often offer higher base salaries compared to other regions or sectors.

In addition to the base salary, many companies offer performance-based bonuses. These bonuses can be annual or quarterly and are often tied to individual performance metrics or company-wide goals. Some companies, particularly larger ones, may also provide additional remuneration in the form of stock options, profit-sharing, or other incentives. Benefits such as health insurance, pension contributions, and professional development allowances can also be part of the overall compensation package.

Increasing Salary

To increase your salary from a BI Analyst position, consider the following steps:

• Skill Enhancement: Continuously update and expand your technical skills, particularly in programming languages like Python or R, and tools like Tableau or Power BI. Proficiency in machine learning frameworks and data engineering can also be advantageous.

• Advanced Education: Pursuing a master's degree or specialized certifications in data science or machine learning can make you more competitive and open up higher-paying opportunities.

• Networking: Engage with professional networks and communities in AI/ML and data science. This can lead to new job opportunities and provide insights into industry trends and salary benchmarks.

• Industry Transition: Consider moving to industries that typically offer higher salaries for data roles, such as finance, tech, or consulting.

• Leadership Roles: Aim for roles with more responsibility, such as a team lead or manager, which often come with higher pay.

Educational Requirements

Most BI Analyst roles in AI/ML/Data Science require at least a bachelor's degree in a related field such as computer science, mathematics, statistics, or engineering. However, a master's degree in data science, business analytics, or a similar discipline is increasingly preferred, especially for roles that involve more complex data analysis and machine learning tasks.

Helpful Certifications

Certifications can enhance your credentials and demonstrate your expertise to potential employers. Some valuable certifications include:

• Microsoft Certified: Data Analyst Associate
• Tableau Desktop Specialist
• Google Data Analytics Professional Certificate
• AWS Certified Data Analytics – Specialty
• Certified Analytics Professional (CAP)

These certifications can validate your skills in data analysis, visualization, and cloud-based data solutions, making you a more attractive candidate.

Experience Requirements

Typically, employers look for candidates with at least 2-5 years of experience in data analysis or a related field. Experience with data visualization tools, SQL, and statistical analysis is often required. Familiarity with machine learning concepts and experience in applying them to real-world problems can be a significant advantage.

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