Mr. Swinand was president of media agency Starcom MediaVest Group prior to
co-founding Abundant Venture Partners. That venture group is
associated with Cardinal Path, which conducted an analysis of
salaries based on its own staffers' experience and past gigs,
mostly at agencies and consultancies. It found that entry-level
salaries for data-related jobs at agencies tend to start at close
to $60,000 compared to around $30,000 for standard entry-level
agency jobs. Staffers with data experience and jobs also move up
more quickly than others, jumping from $60,000 to $100,000 in just
two years and reaching up to $150,000 after five years, he
said.
By contrast, it takes an entry-level person in account
management, planning or media five to seven years to grow their
$30,000 to around $75,000, said Tom Finneran, exec VP-agency
management services for the 4As. When the 4As gathered salary data
on a position called digital-analytics strategist -- someone who
analyzes data and delivers regular reports and recommendations to
improve results --for the first time in 2011, there were 72
salaries reported, and the average salary was $52,700, said Mr.
Finneran. When it gathered the same data in 2014, there were 204
positions and the average salary was closer to $65,000.
Maria Gianoutsos, managing director of recruitment firm The
Talent Business, recently placed a head of analytics at what she
describes as a hot creative shop in New York for a salary north of
$100,000. At a large network-owned agency that number "could start
with a four," she said. In those top roles, salaries for heads of
analytics are comparable to those with lead creative positions, she
said.
"When an agency lines up levels by title -- media planner,
account exec, strategic planner and then analyst -- and starts
looking at salaries, there's usually a discrepancy that can range
anywhere from 20% to 30% and sometimes even higher," said Patrick
Acosta, senior VP-director of analytics at Mullen. That premium is for
"hard-core analytics" roles that often mandate MBAs or Ph.D.'s and
a few years minimum consulting, as well as niche experts like
someone who may have spent the last five to 10 years running tools
like Nielsen NPower, he said.
"It's a limited talent pool, and that makes it highly
competitive," said Peter Movesian, global director-talent
acquisition for Omnicom Media Group. The media-agency network often
recruits talent from masters programs focused on statistics and
economics at the University of Texas, New York University and
Columbia.