Innovation Analyst V Salary in Chicago, Illinois

Innovation Analyst V Salary in Chicago, IL

How much does an Innovation Analyst V make in Chicago, IL? The average Innovation Analyst V salary in Chicago, IL is $190,394 as of May 28, 2024, but the range typically falls between $167,633 and $214,670. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Innovation Analyst V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Innovation Analyst V Salary $146,911 Chicago,IL May 28, 2024
25th Percentile Innovation Analyst V Salary $167,633 Chicago,IL May 28, 2024
50th Percentile Innovation Analyst V Salary $190,394 Chicago,IL May 28, 2024
75th Percentile Innovation Analyst V Salary $214,670 Chicago,IL May 28, 2024
90th Percentile Innovation Analyst V Salary $236,773 Chicago,IL May 28, 2024
25% $167,633 10% $146,911 90% $236,773 75% $214,670 $190,394 50%(Median) Didn’t find job title? Click
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Analyst - Innovation and Solutions III

Randstad USA - Chicago, IL

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Job Description for Innovation Analyst V

Innovation Analyst V supports the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Participates in implementing strategic innovation initiatives. Being an Innovation Analyst V conducts research to collect data and background information for innovation projects. Collaborates with internal teams or outside partners to support experimentation, testing, and prototyping of new products and processes. Additionally, Innovation Analyst V collects data and performs analysis of initiatives to quantify results. Prepares and presents exhibits and summaries that detail innovation efforts. Requires a bachelor's degree. Typically reports to a manager. The Innovation Analyst V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Innovation Analyst V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Salary.com job board provides millions of Innovation Analyst V information for you to search for. Click on search button below to see Innovation Analyst V job openings or enter a new job title here.

Job Openings for Innovation Analyst V in Chicago, IL
  • Randstad USA - Chicago, IL
    job summary:As a Product Owner, your mission is to improve the customer and employee experience while delivering innovative solutions through technology an...
    - 5 Days Ago
  • Boston Consulting Group - Chicago, IL
    WHAT YOU'LL DO. As a Senior Knowledge Analyst (SKA) within BCG's Consumer Practice Area, you will work in a growing global team, providing restaurant Indus...
    - 3 Days Ago

Career Path for Innovation Analyst V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Innovation Analyst V, the upper level is Innovation Manager and then progresses to Innovation Senior Manager.

Innovation Analyst V
Innovation Manager
Innovation Senior Manager
Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
ADVANCED OXYGEN TECHNOLOGY
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Innovation Analyst V Pay Difference by Location

Innovation Analyst V salary varies from city to city. Compared with national average salary of Innovation Analyst V, the highest Innovation Analyst V salary is in San Francisco, CA, where the Innovation Analyst V salary is 25.0% above. The lowest Innovation Analyst V salary is in Miami, FL, where the Innovation Analyst V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Innovation Analyst V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
167633
214670
190394

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
186060
251387
217230
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Innovation Analyst V in Chicago, IL. The base salary for Innovation Analyst V ranges from $167,633 to $214,670 with the average base salary of $190,394. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $186,060 to $251,387 with the average total cash compensation of $217,230.
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For a real-time salary target, tell us more about your role in the four categories below.

167633
214670

 

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About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Chicago, Illinois

Innovation Analyst V Salary in popular cities: Aurora, Rockford, Joliet

Skills associated with Innovation Analyst V: Information Gathering, Product Research, Business Planning, Concept Development ...More