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Salary and Benefits

Forecast Analyst
$46K-$57K / yr. (est.)
$47K
$51,984 / year
$57K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Forecast Analyst

What does a Forecast Analyst do?

We, the forecast analysts, predict the future production and activities of the business and market trends. We evaluate the company's sales performance, inventory levels, production time, speed of production, and return time of deliverables. Using the forecasted trends, we make decisions that will help the business in maintaining its profitability in the future. Also, we create models, measure the financial accuracy, and suggest methods for improvement. We also have to follow and analyze the market trends.

Core tasks:

  • preparing and presenting reports, charts, and tables on market trends
  • examining the market factors and finding ways for improving accuracy
  • making strategies, in accordance with the future trends, that helps the business in the long run

Insights

How Many Years of Experience Do Professionals Need Before Becoming Forecast Analyst?
On average, people work 5-7 years in other positions prior to becoming a Forecast Analyst.
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Operations ManagerSan Francisco, CA - A year ago
This is hardly surprising. Rome wasn't built in a day, people! 🤷
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Financial AnalystHouston, TX - A year ago
Well, at least it gives us an idea of how much experience we need to aim for. 🤔
How Long Do Forecast Analyst Employees Typically Stay in Their Roles?
On average, Forecast Analysts works in this position for 3-5 years across multiple employers.
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Director, Human ResourcesHouston, TX - A year ago
Someone explain to me why forecast analysts can't commit to one company for more than a few years. 🤷 Is it a lack of job satisfaction or something else?
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EngineerSan Francisco, CA - A year ago
Being an engineer, I prefer stability in my career. I can't understand why a forecast analyst would jump from one employer to another so frequently. It seems like a lack of commitment.
What Is the Job Hopper Score for Forecast Analyst Employees?
Moderate job changes in Forecast Analyst, showing some career movement without excessive turnover.
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Administrative AssistantChicago, IL - A year ago
🤔 Seems like there's a lot of movement within the Forecast Analyst role. Are there specific reasons behind these job changes or is it simply due to individual career preferences?
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Software EngineerSeattle, WA - A year ago
I see quite a few job changes for Forecast Analysts. Is it because there isn't sufficient job satisfaction or are there limited opportunities for growth plus wages in this field?

Career path

Path to job

Discover a Forecast Analyst's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Forecast Analyst typically studied at.
Arizona State University-Tempe
Michigan State University

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Forecast Analyst Employees?
Gender ratio in Forecast Analyst position: 0.618711656441718 Male and 0.381288343558282 Female. Age ratio in Forecast Analyst position: 16-20: 3%, 21-30: 73%, 31-40: 19%, 41-50: 4%, 51-60: 1%, 60+: 0%. Forecast Analyst position is predominantly male (61.9%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Forecast AnalystPhoenix, AZ - A year ago
Damn! This job is like a boys' club.
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Forecast AnalystDenver, CO - A year ago
Why aren't there any female leaders in this role? We deserve better representation.

Workplaces

Who Are the Top Employers for Forecast Analyst?
Top employers of Forecast Analyst position: Comcast, John Deere, Randa Accessories. People who work in Forecast Analyst position most typically go on to work for the Comcast.
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Forecast AnalystSan Francisco, CA - A year ago
Comcast may have some customer service issues, but they offer excellent career growth opportunities.
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Forecast AnalystDallas, TX - A year ago
I love working for John Deere! They have a strong company culture and provide fantastic benefits for their employees.
Comcast
John Deere
Randa Accessories
What Industries Does Forecast Analyst Typically Have Experience In?
Industry Background: The most typical industries of Forecast Analyst: Retail, Manufacturing, Information Technology, Finance & Insurance, Utilities. Forecast Analyst employees most likely come from a Retail industry background.
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Forecast AnalystHouston, TX - A year ago
uughhh, being a forecast analyst in the finance and insurance industry can be stressful 😩. Demand fluctuates so much and the pressure to get accurate forecasts is intense.
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Forecast AnalystPhiladelphia, PA - A year ago
Being a Forecast Analyst in the Utilities industry is challenging, but rewarding. ⚡ I enjoy analyzing consumption patterns and helping ensure efficient use of resources.

Find your job as Forecast Analyst

Discussion about Forecast Analyst

Want to know more about Forecast Analyst position?
Share your thoughts and ideas about Forecast Analyst position with others in our community.
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How balanced is the gender diversity among people working as a Forecast Analyst?
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Sophie Hayes3 years ago
Mostly men choose this job, but women also choose this.
What is the most common age of a Forecast Analyst?
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Liam Brown3 years ago
The typical age is 28 for a Forecast Analyst.
Is a Forecast Analyst considered to be a senior profession?
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Isabella Holmes3 years ago
6 years of experience is needed on average for a Forecast Analyst.
Which industries are highly likely to employ a Forecast Analyst?
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Benjamin Gardner3 years ago
For a Forecast Analyst it’s the most likely to work in the Manufacturing.
What kind of degree is needed to work as a Forecast Analyst?
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Isabella Holmes3 years ago
You should be fine with a Bachelor of Science degree
Which company are you working for as a Forecast Analyst?
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Sophie Hayes3 years ago
Working as a Forecast Analyst it might be a good next step to work for Comcast, John Deere, Randa Accessories, REI and USAA
How many years do people spend as a Forecast Analyst in their career path?
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Liam Brown3 years ago
4 years is the typical lifespan for a Forecast Analyst.
How common is it for a Forecast Analyst to jump from company to company?
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Liam Brown3 years ago
The job hopper score is medium for a Forecast Analyst.
What occupations do people usually work in before becoming a Forecast Analyst?
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Liam Brown3 years ago
A Forecast Analyst probably worked as Financial Analyst, Inventory Analyst or Business Analyst before
Working as a Forecast Analyst what job titles should I consider to switch to?
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Sophie Hayes3 years ago
Demand Planner, Financial Analyst or Business Analyst can be a good next step
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Disclaimer

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