Business Analyst, IT Salary

Median pay for IT Business Analysts in the United States is around $67K per year. Total incomes of IT Business Analysts incorporate potential for, in a few cases, more than $10K from bonuses and close to $8K from profit sharing; these performance components cause packages to range between $48K and $100K. The most important factor affecting compensation for this group is the particular firm, followed by career duration and geographic location. Male IT Business Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. Work is enjoyable for IT Business Analysts, who typically claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$48,427 - $94,428
$48K
$67K
$94K
MEDIAN: $67,194
10%
50%
90%

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$18.70 - $58.86
$19
$34
$59
MEDIAN: $34.07
10%
50%
90%

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$0$100K
Salary $48,427 - $94,428
Bonus $487.29 - $10,161
Profit Sharing $-0.46 - $7,855
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).
)
$48,087 - $100,282
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 5,283
Hourly Data $0$65
Hourly Rate $18.70 - $58.86
Hourly Tips $4.44
Overtime $21.07 - $65.02
Annual Data $0$100K
Bonus $487.29 - $10,161
Commission $12,000
Profit Sharing $-0.46 - $7,855
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).
)
$48,087 - $100,282
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 710

Find Out Exactly What You Should Be Paid

United States (change)

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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.

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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


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IT Business Analysts who go on to become IT Program Managers may see their salaries climb quite a bit. Median pay for IT Program Managers is $113K annually. IT Business Analysts moving up in their careers tend to step into positions as Information Technology Project Managers or Senior Business Analysts. The median paychecks in those roles are $17K higher and $16K higher, respectively.

Business Analyst, IT Job Listings

Popular Employer Salaries for Business Analyst, IT


J.P. Morgan Chase & Co. (JPMCC), HP Enterprise Services, Cisco Systems Inc, CGI Group Inc., and Citibank are among the top companies that take on many IT Business Analysts. Although Chevron Corporation heads up the field in terms of compensation, offering the highest median salary at $93K, pay at this particular employer still varies considerably, running the full spectrum from $74K to $157K. Those in search of high salaries should also consider Citibank, Bank of America Corp. (BOFA), and Citigroup, Inc., top-paying firms where IT Business Analysts rake in a respectable $89K, $88K, or $82K, respectively.

With a median salary of only $47K (just about half of the top paying company's median), CGI Group Inc. lags significantly in the earnings department. HP Enterprise Services, CGI Federal, and Humana, Inc. are a few other employers known for handing out relatively lightweight salaries ($55K, $60K, and $61K respectively).

Popular Skills for Business Analyst, IT


IT Business Analysts seem to wield many skills on the job. Most notably, skills in Oracle, Requirements Analysis, Project Management, and Business Analysis are correlated to pay that is above average, with boosts in pay of 5 percent. Skills that pay less than market rate include HTML, Windows Operating System General Use, and Microsoft Access. Most people who know Business Analysis also know Project Management and Microsoft Office.

Pay by Experience Level for Business Analyst, IT

Pay by Experience for a Business Analyst, IT has a positive trend. An entry-level Business Analyst, IT with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 3,620 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Analyst, IT with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 1,959 salaries. An experienced Business Analyst, IT which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 1,187 salaries. A Business Analyst, IT with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $87,000 based on 321 salaries.

Pay Difference by Location

National Average: $69,075

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

Home to some of the best pay for IT Business Analysts, San Francisco offers exceptional salaries, 29 percent above the national average. IT Business Analysts will also find cushy salaries in New York (+19 percent), Boston (+7 percent), Seattle (+6 percent), and Houston (+6 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 4 percent. Workers in Chicago and Denver earn salaries that trail the national average for those in this profession (3 percent less and 2 percent less, respectively).

Business Analyst, IT Reviews

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

Business Analyst, IT in Signal Hill:
"Work Flexibility."
Pros: Work Flexibility, working with a great team.
Cons: Stress level, the management, and lack of communications.

Business Analyst, IT in Madison:
Pros: Learning, growing, achieving goals, and seeing positive results.
Cons: Lack of organization.

Business Analyst, IT in Brooklyn:
"Challenging, intensive and enjoyable."
Pros: Corporate culture, development, work flexibility.
Cons: Lack of direction.

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 Yonkers:
Pros:
Cons: Stress level, no work life balance, office place doesn't have an ergonomic setup for employees sitting 8+ hours and employees are developing carpel tunnel and management doesn't care, overloading work on one employee, unfair treatment, favoritism.

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 Oklahoma City:
"Great place to work."
Pros: Great Employer with a vision for the future.
Cons:

Related Job Salaries

Key Stats for Business Analyst, IT

Gender

Female
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 799 votes.
Less than 1 year
6%
1-4 years
47%
5-9 years
25%
10-19 years
17%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Analyst, IT Salaries

▲26%

▲22%

▲13%

National Average
$69,000

▼10%

Skills That Affect Business Analyst, IT Salaries

▲5%





Microsoft Sharepoint Server
▲1%

Microsoft Word
▼0%

National Average
$69,000


SQL
▼1%






▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 799 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
6%
1-4 years
47%
5-9 years
25%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
no benefits
None: 13%
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