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. 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 most influential factor affecting pay for this group is the company, though the particular city and years of experience have a (lesser) impact as well. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Men working as IT Business Analysts with Requirements Analysis skills who took the survey just slightly outnumber women at 54 percent. Job satisfaction for IT Business Analysts with Requirements Analysis skills is high. Respondents to the PayScale salary survey provided the data for this report.
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Popular Employer Salaries for Business Analyst, IT
IT Business Analysts with Requirements Analysis skills fill the offices of leading firms Hewlett-Packard Company, Wipro Technologies Ltd., J.P. Morgan Chase & Co. (JPMCC), Cognizant Technology Solutions Corp, and Fiserv Inc. For IT Business Analysts with Requirements Analysis skills, comfortable salaries can be found at Accenture; in fact, median earnings sit around $85K, the highest in the area. IT Business Analysts with Requirements Analysis skills will also find cushy salaries at J.P. Morgan Chase & Co. (JPMCC) (+$83K), Cognizant (+$81K), and General Motors Corporation (+$77K).
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. Others at the bottom of the scale for this job include Virtusa Corp. at $65K, InfoSys Limited at $65K, and Aetna, Inc., where $69K is the norm.
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, experience does not seem to be a major factor in determining pay. Salaries for the relatively untried average out to around $65K, but survey participants with five to 10 years of experience earn a significantly higher median of $79K. IT Business Analysts with Requirements Analysis skills claiming one to two decades of experience make an estimated median of $86K. 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 $89K on average.
Pay Difference by Location
Surpassing the national average by 26 percent, IT Business Analysts with Requirements Analysis skills in San Francisco receive some of the highest pay in the country. IT Business Analysts with Requirements Analysis skills will also find cushy salaries in New York (+19 percent), Boston (+5 percent), Seattle (+3 percent), and Dallas (+3 percent). Chicago is the lowest-paying area, 7 percent south of the national average. A couple other locations with smaller-than-average paychecks include Atlanta (7 percent lower) and Denver (6 percent lower).
Key Stats for Business Analyst, IT
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