Business Analyst, IT with Requirements Analysis Skills Salary

The average IT Business Analyst with Requirements Analysis skills can expect to rake in roughly $70K per year. Final cash compensation to IT Business Analysts with Requirements Analysis skills varies from around $50K to approximately $105K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $8K, respectively. The most influential factor affecting pay for this group is the specific employer, though career duration and geographic location have a (lesser) impact as well. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Men working as IT Business Analysts with Requirements Analysis skills who took the survey just slightly outnumber women at 55 percent. Most IT Business Analysts with Requirements Analysis skills report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$49,877 - $96,578
(Median)
$50K
$70K
$97K
MEDIAN: $70,144
10%
50%
90%

Add this chart to your site: 640px    300px

$23.20 - $64.90
(Median)
$23
$42
$65
MEDIAN: $42.00
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
$49,877 - $96,578  
   
Bonus
$0.00 - $10,084  
Profit Sharing
$457.81 - $7,750  
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).
)
$50,311 - $105,414  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,402
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
$23.20 - $64.90  
   
Overtime
$24.11 - $71.01  
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
$0.00 - $10,084  
   
Profit Sharing
$457.81 - $7,750  
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).
)
$50,311 - $105,414  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 310
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Business Analyst, IT Job Listings

Search for more jobs:

Popular Employer Salaries for Business Analyst, IT


IT Business Analysts with Requirements Analysis skills fill the offices of leading firms J.P. Morgan Chase & Co. (JPMCC), Hewlett-Packard Company, Wipro Technologies Ltd., General Motors Corporation, and Cognizant Technology Solutions Corp. The biggest paychecks can be found at General Motors Corporation — the median salary there is $89K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $61K and highest ones in the neighborhood of $138K. Soaring salaries can also be found at J.P. Morgan Chase & Co. (JPMCC), Cognizant, and Wipro Technologies Ltd., where earnings of $85K, $84K, or $74K are standard for IT Business Analysts with Requirements Analysis skills.

Hewlett-Packard Company offers the lowest pay in the field with a median salary of just $58K, but on the other end, some employees may earn up to $94K. Also approaching the lower end are Cognizant Technology Solutions Corp at $71K, InfoSys Limited at $72K, and Fiserv Inc at $73K.

Pay by Experience Level for Business Analyst, IT

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


IT Business Analysts with Requirements Analysis skills with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Although individuals who have less than five years' experience earn $64K on average, people with five to 10 years benefit from a notably larger average of $78K. After working for 10 to 20 years, IT Business Analysts with Requirements Analysis skills make a median salary of $87K. More than 20 years of experience mean a somewhat bigger median paycheck of $92K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $72,755

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

For IT Business Analysts with Requirements Analysis skills, working in the bustling city of Los Angeles has its advantages, including an above-average pay rate. IT Business Analysts with Requirements Analysis skills will also find cushy salaries in New York (+16 percent), Charlotte (+12 percent), Detroit (+11 percent), and Boston (+10 percent). Those in the field find the lowest salaries in Atlanta, 8 percent below the national average. Two other places where employers offer below-median salaries are Austin (8 percent less) and Washington (7 percent less).

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Business Analyst, IT Salaries

Late-Career
up arrow 26%

Experienced
up arrow 19%

Mid-Career
up arrow 7%

National Average
$73,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 479 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
3%
1-4 years
38%
5-9 years
33%
10-19 years
21%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
medical benefits
Vision: 66%
dental benefits
None: 13%
ADVERTISEMENT