Economic Data Analyst I Salary in Cologne, DE
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How much does an Economic Data Analyst I make in Cologne, DE? The average Economic Data Analyst I salary in Cologne, DE is €58,004 as of March 23, 2021, but the range typically falls between €52,227 and €66,055. 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 global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Economic Data Analyst I Salary
Mastering key skills can significantly increase your earning potential as an Economic Data Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 16% salary raise, while strong Forecasting skills boost pay by a 2%. Even Tableau can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Forecasting
Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.
Tableau
Using business intelligence software to perform data analysis, data visualization, and the BI process of an organization.
More Skills...
Based on recent job listings, in-demand skills in the Economic Data Analyst I field include Analysis (16%), Forecasting (2%), and Tableau (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €67,285 |
Analysis
€67,285
|
16%
|
|
| €59,164 |
Forecasting
€59,164
|
2%
|
|
| €58,584 |
Tableau
€58,584
|
1%
|
What does an Economic Data Analyst I do?
Economic Data Analyst I
Lyon, FR
Overall, the data analyst's role is to encourage the transfer of relevant knowledge to the parties that require it the most.
12/30/2020
Economic Data Analyst I
L'Hospitalet, ES
Data analysts take mountains of data and probe it to spot trends, make forecasts, and extract information to help their employers make better-informed business decisions.
12/23/2020
Economic Data Analyst I
Kawasaki, JP
Analysts are also able to account for the competitive environment, internal and external business interests, and the absence of certain data sets in the data-based recommendations that they make to stakeholders.
03/05/2021
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About Cologne, Germany
The metropolitan area encompasses over 405 square kilometres (156 square miles), extending around a central point that lies at 50° 56' 33 latitude and 6° 57' 32 longitude. The city's highest point is 118 m (387 ft) above sea level (the Monte Troodelöh) and its lowest point is 37.5 m (123 ft 0 in) above sea level (the Worringer Bruch). The city of Cologne lies within the larger area of the Cologne Lowland, a cone-shaped area of the central Rhineland that lies between Bonn, Aachen and Düsseldorf....
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Economic Data Analyst I Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
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Employees with Economic Data Analyst I in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).
Similar Jobs to Economic Data Analyst I in Cologne, DE
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| Job Title Business Data Analyst I | Location Cologne, DE |
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| Job Title Data Security Analyst I | Location Cologne, DE |
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| Job Title Economic Data Analyst II | Location Cologne, DE |
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| Job Title Economic Data Analyst III | Location Cologne, DE |
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| Job Title Economic Modeling/Forecasting Analyst I | Location Cologne, DE |
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Understand the base salary paid range for an Economic Data Analyst I in Cologne, DE
Average Base Salary
Core compensation
52227
66055
The chart shows the base salary for Economic Data Analyst I in Cologne ranges from €52,227 to €66,055 with the average base salary of €58,004. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Economic Data Analyst I may get paid difference by industry, location, and factors.
Economic Data Analyst I Frequently Asked Questions
Can I expect to receive a higher salary for the position of Economic Data Analyst I in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, an Economic Data Analyst I, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Economic Data Analyst I Jobs. Since Cologne, Germany is an attractive place to work for many professions, Economic Data Analyst I Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 23, 2021
salary.com
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What is the salary range for an Economic Data Analyst I in Cologne, Germany? What is the average hourly rate?
The average salary for an Economic Data Analyst I in Cologne, Germany is €58,004 per year. The salary range for an Economic Data Analyst I is between €52,227 and €66,055. While we are seeing hourly wages as high as €32 and as low as €25, the majority of Economic Data Analyst Is are currently paid an average of €28 in Cologne, Germany. The average salary pay range for an Economic Data Analyst I can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Economic Data Analyst I in Cologne, Germany can differ based on any or all of these varying factors.
March 23, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering an Economic Data Analyst I job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Economic Data Analyst I working in Cologne, Germany will receive in exchange for their job. Some common items included in the total compensation of an Economic Data Analyst I working in the Cologne, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cologne, Germany might also offer long-term incentives such as stock options or stock grants for Economic Data Analyst Is. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 23, 2021
salary.com
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Last Update: March 23, 2021