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SOC 2426 Business, media and public service professionals

Business and related research professionals Salary

Median salary £39,941 per year (2025). Based on ONS ASHE data.

About this role

Business and related research professionals conduct market research, business intelligence analysis, competitive analysis and commercial research to inform organisational strategy and decision-making. They design research methodologies, collect data and translate findings into actionable insights.

Key responsibilities

  • Designing and conducting market research and business studies
  • Analysing quantitative and qualitative research data
  • Producing reports, presentations and strategic recommendations
  • Monitoring market trends, competitor activity and industry developments
  • Managing research projects, budgets and external agency relationships

Qualifications and entry routes

Typically requires a degree in business, economics, market research, social science or a related field. MRS (Market Research Society) qualifications and membership are the industry standard.

Career outlook

Data analytics and digital research methods are transforming the field. Skills in behavioural analytics, AI-driven insights and UX research are increasingly valued.

Key skills

Research design Data analysis Survey methodology Presentation skills Commercial awareness

Common industries

  • Market research agencies
  • In-house insights teams
  • Consulting firms
  • FMCG
  • Financial services

Data coverage

SOC code 2426
Data source ONS ASHE
Years available 2015–2025
Estimated jobs 99,000

Median Salary

£39,941

Mean Salary

£44,154

Jobs (000s)

99k

Data Years

11 years

Salary Range (2025)

P25: £32,028Median: £39,941P75: £48,216
P10: £23kP25: £32kMedian: £40kP75: £48kP90: --

Estimated Career Progression

Based on salary percentile distribution for this occupation

Entry Level

£23,337

0-2 years

Mid Level

£32,028

3-7 years

Senior

£48,216

8-15 years

Potential career growth: +107% from entry to leadership

Salary Trend (2015-2025)

Nominal growth: +26.7%Real growth: -8.3%

Gender Pay Comparison (2025)

Gender pay gap: 15.0%

Full-time vs All Employees (2025)

All Employees

£39,941

Full-time Only

£41,128

Full-time premium: +£1,187