Forecasting Manager Salary in Chicago, IL
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How much does a Forecasting Manager make in Chicago, IL? The average Forecasting Manager salary in Chicago, IL is $123,701 as of March 26, 2024, but the salary range typically falls between $108,507 and $141,930. 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.
Salary range for a Forecasting Manager
$108,507 to $141,930
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Forecasting Manager
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What does a Forecasting Manager do?
Common responsibilities of a Forecasting Manager
Prepare/review TRS tax provisions, DTL calculations, uncertain tax positions/tax reserves and related memos for financial statement audit.
November 19, 2022
Lead and assist in the development of relevant analyses, forecasts, and scenario planning for PLAN/MRP/LBE, by distilling extremely complex pricing and forecasts models into concise story lines that assist and support executive leadership in developing a long-term vision or strategy.
December 27, 2022
Collaborates and interacts with clinical trial managers, therapeutic area project managers, medical monitors, as well as staff from quality, clinical compliance, regulatory, formulations, and IOPS (CMC, external manufacturing, stability).
February 08, 2023
Understand key business questions/ needs both near-term & long-term - and develop forecast models to inform the relevant decisions/ activities.
February 10, 2023
Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
March 02, 2023
Demonstrated the ability to negotiate with influence and lead individuals outside of their direct reporting line, often at a more senior level.
April 30, 2023
Develop individual team members through coaching, training, career counseling, and directing performance development through the use of business performance and personal development goals.
May 01, 2023
Drive efforts with Merchants, Finance and key Vendor Partners to improve cash flow by establishing and negotiating appropriate payables terms relative to required inventory investments.
May 11, 2023
Provide context for decisions, both disease area and portfolio context, to help teams understand how decisions will be perceived by senior management / late-stage portfolio committee.
May 13, 2023
Create/author robust presentations of forecast inputs/outputs that effectively drive decisions and outline the risks and opportunities associated with the recommended forecasts and documentation of forecast assumptions.
May 19, 2023
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Forecasting Manager Salary By Experience Levels in Chicago, IL
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RELEVANT JOB EXPERIENCE
Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.
Forecasting Manager Salary By Level of Education in Chicago, IL
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LEVEL OF EDUCATION
Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.
Average Salary Range for Forecasting Manager in Chicago, IL
Average Base Salary
Core compensation
108507
141930
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Forecasting Manager in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Forecasting Manager in Chicago, IL. The base salary for Forecasting Manager ranges from $108,507 to $141,930 with the average base salary of $123,701. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $114,819 to $157,782 with the average total cash compensation of $133,726.
View Average Salary for Forecasting Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $123,701 | $108,507 - $141,930 |
| Bonus | $10,026 | $6,312 - $15,851 |
| Total Pay | $133,726 | $114,819 - $157,782 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Forecasting Manager Salary Near Chicago, IL
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Chicago, IL |
|---|---|---|
| CITY, STATE Cicero, IL | AVERAGE SALARY RANGE $109,117 - $142,729 | COMPARE TO Chicago, IL |
| CITY, STATE Oak Park, IL | AVERAGE SALARY RANGE $109,117 - $142,729 | COMPARE TO Chicago, IL |
| CITY, STATE Oak Lawn, IL | AVERAGE SALARY RANGE $108,993 - $142,566 | COMPARE TO Chicago, IL |
| CITY, STATE Evanston, IL | AVERAGE SALARY RANGE $109,076 - $142,674 | COMPARE TO Chicago, IL |
| CITY, STATE Skokie, IL | AVERAGE SALARY RANGE $109,076 - $142,674 | COMPARE TO Chicago, IL |
| CITY, STATE Arlington Heights, IL | AVERAGE SALARY RANGE $106,633 - $139,480 | COMPARE TO Chicago, IL |
See salaries for Forecasting Manager in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.
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 most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Forecasting Manager in Chicago, IL
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Cash Allocation and Forecasting Manager | LOCATION Chicago, IL | MINIMUM SALARY $84,900 | MAXIMUM SALARY $127,400 |
| JOB TITLE Sales Analysis & Forecasting Manager | LOCATION Chicago, IL | MINIMUM SALARY $121,900 | MAXIMUM SALARY $151,900 |
| JOB TITLE Forecasting & Modeling Analyst II | LOCATION Chicago, IL | MINIMUM SALARY $72,700 | MAXIMUM SALARY $92,800 |
| JOB TITLE Forecasting & Modeling Analyst I | LOCATION Chicago, IL | MINIMUM SALARY $55,300 | MAXIMUM SALARY $79,900 |
| JOB TITLE Forecasting & Modeling Analyst III | LOCATION Chicago, IL | MINIMUM SALARY $88,000 | MAXIMUM SALARY $111,100 |
| JOB TITLE Sales Forecasting Analyst I | LOCATION Chicago, IL | MINIMUM SALARY $61,143 | MAXIMUM SALARY $76,583 |
The Forecasting Manager job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.
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
Forecasting Manager Salary in popular cities: Aurora, Rockford, Joliet
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role