Business Analyst, IT Salary

IT Business Analysts in the United States can expect wages of $68K per year on average. Total cash compensation to IT Business Analysts bottoms out near $48K and approaches $101K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $8K from profit sharing. Earnings for this group are mostly affected by the specific employer, followed by tenure and location. Men make up a slight majority of IT Business Analysts (59 percent) who responded to the survey. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.
Read More
$48,220 - $95,288
$48K
$68K
$95K
MEDIAN: $67,502
10%
50%
90%

Add this chart to your site: 640px    300px

$19.15 - $61.40
$19
$35
$61
MEDIAN: $34.97
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$48,220 - $95,288  
   
Bonus
$251.42 - $10,182  
Profit Sharing
$-0.46 - $8,059  
Commission
$12,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,002 - $101,303  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 5,512
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$19.15 - $61.40  
   
Hourly Tips
$4.44  
Overtime
$21.07 - $65.82  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$251.42 - $10,182  
   
Commission
$12,000  
Profit Sharing
$-0.46 - $8,059  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,002 - $101,303  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 735

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Business Analyst, IT

A business analyst, IT, focuses on improving operations that involve information technology within a company. The business analyst offers consultation to management in an effort to help the company become more effective. The IT business analyst will analyze the hardware, software, and IT services that are being employed in a company. Analyses will have to be carried out in order to determine areas that need improvement. It is also important to have strong research skills in order to determine the latest trends and solutions.

Read More...

Business Analyst, IT Tasks

  • Create project plans for information technology development and testing.
  • Translate requirements into new information technology project specifications.
  • Identify, communicate, and manage risks associated with projects.
  • Identify business or customer requirements and information technology alternatives.

Common Career Paths for Business Analyst, IT


Add this chart to your site:   640px 640px    300px 300px


While not commonly seen, IT Business Analysts who transition into an IT Program Manager position may see a rise in pay. The median salary for IT Program Managers is $113K per year. The most common next step for an IT Business Analyst is to become an Information Technology Project Manager or a Senior Business Analyst. The former position pays an additional $17K per year on average, and the latter position pays $15K more per year.

Business Analyst, IT Job Listings

Search for more jobs:

Popular Employer Salaries for Business Analyst, IT


J.P. Morgan Chase & Co. (JPMCC), HP Enterprise Services, CGI Group Inc., Cisco Systems Inc, and Accenture are leaders in the field that employ a large number of IT Business Analysts. Employees of Chevron Corporation can expect to make the most, with the company offering a median salary of $93K; however, pay is widely dispersed from bottom to top, ranging from $74K to $157K. Citibank, Bank of America Corp. (BOFA), and Citigroup, Inc. are a few other companies that offer generous salaries, with IT Business Analysts earning around $89K, $85K, or $82K at each firm, respectively.

Known for its small paychecks, CGI Group Inc. actually ranks last in the field for salary, reporting a median income of $47K — just about half of the top paying company's median. A few other companies with smaller-than-average paychecks include HP Enterprise Services ($55K), CGI Federal ($60K), and American International Group, Inc. (AIG) ($66K).

Popular Skills for Business Analyst, IT


IT Business Analysts seem to exploit a large range of skills on the job. Most notably, skills in Requirements Analysis, Project Management, Oracle, and Business Analysis are correlated to pay that is above average, with boosts in pay of 4 percent. Skills that seem to negatively impact pay include HTML, Windows Operating System General Use, and Microsoft Access. The majority of those who know Business Analysis also know Project Management and Microsoft Office.

Pay by Experience Level for Business Analyst, IT

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For IT Business Analysts, more experience in the field does not usually mean bigger paychecks. Workers in their first five years can expect to earn $62K, but people who have been around for five to 10 years earn a noticeably bigger sum of $78K. People with 10 to 20 years of experience make an average of about $84K in this role. IT Business Analysts who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $87K on average.

Pay Difference by Location

National Average: $69,368

Larger city markers indicate a job is popular in that location.

IT Business Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 28 percent. IT Business Analysts will also find cushy salaries in New York (+18 percent), Houston (+7 percent), Boston (+6 percent), and Philadelphia (+5 percent). With compensation 5 percent below the national average, Atlanta is not known for hefty paychecks and actually represents the lowest-paying market. Below-median salaries also turn up in Chicago and Denver (2 percent lower).

Business Analyst, IT Reviews

Q: What is it like working as a Business Analyst, IT?

Business Analyst, IT in Los Angeles:
"A great challenge."
Pros: I love the vast array of knowledge that I have gained just to be able to do my job. Bouncing from client to client, I need to learn (quickly, might I add) new skills and gain expertise in a new area so I can do my job well. It can be stressful at times, but I love the challenge, and feel I am a better all-around person now.
Cons: Sometimes my schedule is hectic, and it prevents me from being able to enjoy the things I like to do at home.

Business Analyst, IT in Vancouver:
"Large Learning Curve."
Pros: Interesting software and analysis to learn. And a diverse team of developers and analysts to work with.
Cons: The pay and sometime mundane testing periods of the software.

Business Analyst, IT in Topeka:
"Work as middle man between developers and system users."
Pros: I like testing new systems and trying to break them!
Cons: I dislike the politics that come from upper level management.

Business Analyst, IT in Auburn Hills:
"Team Work And Diverse Projects."
Pros: I get to help people solve problems they have with our software everyday and work with developers to make it better.
Cons: Stressful timeline that is hard to predict.

Business Analyst, IT in Lubbock:
Pros: I most enjoy the changes that each day brings. Nothing stays the same in the healthcare industry, and you have to stay focused every day.
Cons: I least like the lack of accountability that people want to take. It is very difficult to get certain tasks and projects completed when people do not want to take responsibility for them.

Business Analyst, IT in Hartford:
"Bridging Together The People And Technology To Drive Solutions."
Pros: Being able to work with people; understanding the system and gaining a holistic view of everything going on; using my creative mindset, I am able to come up with solutions.
Cons: Dependencies on other people mean that when you can meet deadlines is sometimes out of your control; there is frequent change because the customer does not always know what they want.

Related Job Salaries

Key Stats for Business Analyst, IT

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 725 votes.
Less than 1 year
6%
1-4 years
44%
5-9 years
26%
10-19 years
18%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Analyst, IT Salaries

▲26%

▲22%

▲12%

National Average
$69,000

▼10%

Skills That Affect Business Analyst, IT Salaries



▲3%



Microsoft Sharepoint Server
▼0%

National Average
$69,000



SQL
▼2%






▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 725 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
26%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
dental benefits
None: 12%
ADVERTISEMENT