Average Business Analytics Specialist Salary in Nova Scotia, Canada for 2024

In this article, we will look at the average Business Analytics Specialist salary for 2024 in Nova Scotia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Canadian dollar. To keep things simple, we are using the CAD currency code instead of the currency symbol $.

How Much Does a Business Analytics Specialist Make in Nova Scotia?

A Business Analytics Specialist working in Nova Scotia will typically earn around 89,800 CAD per year, and this can range from the lowest average salary of about 46,400 CAD to the highest average salary of 134,700 CAD.

These are average salaries for a Business Analytics Specialist in Nova Scotia and include benefits such as housing and transport. It's also possible for a Business Analytics Specialist to earn more or less than the average salaries shown above.

Business Analytics Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Analytics Specialist Salaries in Nova Scotia

So we've looked at the average salaries a Business Analytics Specialist will earn in Nova Scotia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Analytics Specialist can earn between 46,400 CAD and 134,700 CAD on average in Nova Scotia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Analytics Specialist in Nova Scotia is 83,000 CAD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 83,000 CAD, and 50% of the population earn more than 83,000 CAD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Analytics Specialist salary in Nova Scotia, 25% of the population are earning less than 58,400 CAD while 75% of the population earn more than 58,400 CAD.

75% of the population earn less than 105,800 CAD, and 25% of the population earn more than 105,800 CAD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Business Analytics Specialist Salary by Experience Level in Nova Scotia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average business analytics specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Business Analytics Specialist in Nova Scotia that has less than two years of experience can expect to earn somewhere in the region of 52,000 CAD.
• 2 - 5 Years Experience. With two to five years of experience the average Business Analytics Specialist salary would increase to 70,900 CAD.
• 5 - 10 Years Experience. From five to ten years of experience as a Business Analytics Specialist, the average salary would be 91,900 CAD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 108,200 CAD.
• 15 - 20 Years Experience. A Business Analytics Specialist with 15 to 20 years of experience can earn an average of 119,700 CAD.
• 20+ Years Experience. For a Business Analytics Specialist with more than 20 years, the expected average salary increases to 127,700 CAD.

Average Salary by Experience Chart

Business Analytics Specialist Salary by Education Level in Nova Scotia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Analytics Specialist in Nova Scotia based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Business Analytics Specialist in Nova Scotia with a high school education can earn an average salary of 61,200 CAD.

• Certificate or Diploma. A Business Analytics Specialist in Nova Scotia with a certificate or diploma education can earn an average salary of 73,100 CAD.

• Bachelor's Degree. A Business Analytics Specialist in Nova Scotia with a bachelor's degree education can earn an average salary of 100,700 CAD.

• Master's Degree. A Business Analytics Specialist in Nova Scotia with a master's degree education can earn an average salary of 123,000 CAD.

Average Salary by Education Chart

Business Analytics Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Nova Scotia, a male business analytics specialist will earn an average of 93,900 CAD, while a female business analytics specialist will earn around 89,200 CAD.

This means that a male business analytics specialist earns approximately 5% more than a female business analytics specialist for performing the same job.

Average Salary by Gender Chart in Nova Scotia

Business Analytics Specialist Average Pay Raise in Nova Scotia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Analytics Specialist in Nova Scotia is around 12% every 14 months.

The national average pay raise across all professions and industries in Canada is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 14 ) × 12  = 10%

What this means is that a Business Analytics Specialist in Nova Scotia can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Nova Scotia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Canada.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Business Analytics Specialist Bonus and Incentive Rates in Nova Scotia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Analytics Specialist is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Canada earn approximately 6% more than private sector employees in the same role.

Salaries for Jobs Similar to a Business Analytics Specialist

In the table below, we have salary information for jobs that are similar to a Business Analytics Specialist in Nova Scotia.

Salary Comparison by City

If you want to compare salaries with different cities in Canada, you can use the links below to explore the data for each specific city we have researched.

Salary Comparison by State

The table below includes links to the average salary for each state in Canada.

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