Business Analyst, IT Salary

Median pay for IT Business Analysts in the United States is around $67K per year. In the world of IT Business Analysts, overall income ranges from $48K near the bottom to $101K at the top; this can include more than $10K from bonuses and more than $8K from profit sharing in exceptional cases. The most influential factor affecting pay for this group is the company, though career length and geographic location have a (lesser) impact as well. Women are just slightly outnumbered, with male IT Business Analysts making up 58 percent of survey respondents. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the greater part. Job satisfaction is high and work is enjoyable for most IT Business Analysts. The numbers in this rundown were provided by PayScale's salary survey participants.
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$48,351 - $94,971
$48K
$67K
$95K
MEDIAN: $67,406
10%
50%
90%

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$18.83 - $59.65
$19
$34
$60
MEDIAN: $34.48
10%
50%
90%

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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
$48,351 - $94,971  
   
Bonus
$392.13 - $10,224  
Profit Sharing
$0.00 - $7,704  
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).
)
$48,074 - $100,815  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 5,401
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
$18.83 - $59.65  
   
Hourly Tips
$4.44  
Overtime
$21.64 - $65.02  
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
$392.13 - $10,224  
   
Commission
$12,000  
Profit Sharing
$0.00 - $7,704  
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).
)
$48,074 - $100,815  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 730

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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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For IT Business Analysts, progressing to an IT Program Manager role may result in a significant raise. On average, an IT Program Manager can earn $113K annually. It is quite typical for IT Business Analysts to transition into roles as Information Technology Project Managers or Senior Business Analysts, where reported median earnings are $17K and $15K higher per year.

Business Analyst, IT Job Listings

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Popular Employer Salaries for Business Analyst, IT


IT Business Analysts flock to J.P. Morgan Chase & Co. (JPMCC), HP Enterprise Services, Cisco Systems Inc, CGI Group Inc., and Citibank, highly regarded companies that employ a generous number of people in this profession. Chevron Corporation offers the largest salaries in town ($93K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches 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, $88K, or $82K at each firm, respectively.

CGI Group Inc. pays significantly less than other places with a median salary of $47K, just about half of the top paying company's median. Workers at HP Enterprise Services, CGI Federal, and Humana, Inc. also face smaller salaries than the rest of the field — average earnings for these employers come to $55K, $60K, and $61K respectively.

Popular Skills for Business Analyst, IT


Survey participants wield an impressively varied skill set 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: $69,277

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

With a pay rate for IT Business Analysts that is 28 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. IT Business Analysts will also find cushy salaries in New York (+18 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 5 percent. Workers in Chicago and Denver earn salaries that trail the national average for those in this profession (3 percent less).

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 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
42 %
Male
58 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 760 votes.
Less than 1 year
6%
1-4 years
45%
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

▲25%

▲22%

▲12%

National Average
$69,000

▼10%

Skills That Affect Business Analyst, IT Salaries

▲5%





Microsoft Word
▼0%

Microsoft Sharepoint Server
▼0%

National Average
$69,000


SQL
▼2%






▼8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 760 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
25%
10-19 years
17%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
no benefits
None: 13%
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