Business Analyst, IT with Requirements Analysis Skills Salary
The average IT Business Analyst with Requirements Analysis skills earns approximately $70K annually. Including potential for bonuses and profit sharing — peaking near $10K and $9K, respectively — total cash payment to IT Business Analysts with Requirements Analysis skills can bottom out near $51K or peak near $103K depending on individual performance. The particular firm is the biggest factor affecting pay for this group, followed by career duration and location. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Job satisfaction for IT Business Analysts with Requirements Analysis skills is high. Women are just slightly outnumbered, with male IT Business Analysts with Requirements Analysis skills making up 55 percent of survey respondents. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Business Analyst, IT Job Listings
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Popular Employer Salaries for Business Analyst, IT
Hewlett-Packard Company, Wipro Technologies Ltd., J.P. Morgan Chase & Co. (JPMCC), Cognizant Technology Solutions Corp, and General Motors Corporation are leaders in the field that employ a large number of IT Business Analysts with Requirements Analysis skills. J.P. Morgan Chase & Co. (JPMCC) pays the most with a median salary of $85K, though with a large amount of variation, going from a low of $53K to a high of $144K. Those in search of high salaries should also consider General Motors Corporation, Cognizant, and Accenture, top-paying firms where IT Business Analysts with Requirements Analysis skills rake in a respectable $83K, $81K, or $80K, respectively.
Hewlett-Packard Company is infamous for dishing out the smallest paychecks in the area (the median in that office is $58K), but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $50K while workers on the upper end may rake in $94K. Also approaching the lower end are Virtusa Corp. at $65K, International Business Machines (IBM) Corp. at $65K, and InfoSys Limited at $69K.
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 with Requirements Analysis skills, more experience in the field does not usually mean bigger paychecks. Workers in their first five years can expect to earn $65K, but people who have been around for five to 10 years earn a noticeably bigger sum of $79K. For IT Business Analysts with Requirements Analysis skills, 10 to 20 years of experience on the job amounts to an average salary of $87K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $90K on average.
Pay Difference by Location
For IT Business Analysts with Requirements Analysis skills, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. IT Business Analysts with Requirements Analysis skills can also look forward to large paychecks in cities like New York (+19 percent), Seattle (+7 percent), Boston (+3 percent), and Detroit (+3 percent). Falling short of the national average by 10 percent, the area with the worst salaries is Atlanta. Two other places where employers offer below-median salaries are Chicago (8 percent less) and Austin (6 percent less).