Business Analyst, IT Salary with Requirements Analysis skills

The average IT Business Analyst with Requirements Analysis skills earns approximately $70K annually. With some bonuses approaching $10K and certain profit sharing proceeds approaching $7K, overall incomes of IT Business Analysts with Requirements Analysis skills spread between $50K and $106K depending on individual performance. Compensation for this group is mainly affected by the particular firm, but tenure and geographic location are influential factors as well. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Men make up a slight majority of IT Business Analysts with Requirements Analysis skills (55 percent) who responded to the survey. Job satisfaction is high and work is enjoyable for most IT Business Analysts with Requirements Analysis skills. This overview is based on answers to PayScale's salary questionnaire.

$49,661 - $97,454
(Median)
$50K
$70K
$97K
MEDIAN: $70,420
10%
50%
90%

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$23.06 - $65.71
(Median)
$23
$44
$66
MEDIAN: $43.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$49,661 - $97,454  
   
Bonus
$0.00 - $10,110  
Profit Sharing
$492.25 - $6,801  
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).
)
$50,171 - $106,425  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,761
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$23.06 - $65.71  
   
Overtime
$20.37 - $62.08  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $10,110  
   
Profit Sharing
$492.25 - $6,801  
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).
)
$50,171 - $106,425  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 221

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Popular Employer Salaries for Business Analyst, IT with Requirements Analysis skills


Well-known firms with a reputation for hiring numerous IT Business Analysts with Requirements Analysis skills include J.P. Morgan Chase & Co. (JPMCC), Wipro Technologies Ltd., Hewlett-Packard Company, General Motors Corporation, and Fiserv Inc. General Motors Corporation offers the highest compensation with a median salary of $92K. J.P. Morgan Chase & Co. (JPMCC), InfoSys Limited, and Fiserv Inc are a few other companies that offer generous salaries, with IT Business Analysts with Requirements Analysis skills earning around $85K, $75K, or $74K at each firm, respectively.

The pay scale is far from balanced at Hewlett-Packard Company. While salaries on one end can reach $95K, the company's median pay sits at $58K, the lowest in the field. Workers at Wipro Technologies Ltd., Cognizant Technology Solutions Corp, and CGI Group Inc. also face smaller salaries than the rest of the field — average earnings for these employers come to $73K, $74K, and $74K respectively.

Pay by Experience Level for Business Analyst, IT with Requirements Analysis skills

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


Experience and pay tend to be weakly linked for IT Business Analysts with Requirements Analysis skills — those with more experience do not necessarily bring in higher earnings. Salaries for the relatively untried average out to around $64K, but survey participants with five to 10 years of experience earn a significantly higher median of $78K. On average, IT Business Analysts with Requirements Analysis skills make $88K following one to two decades on the job. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $92K.

Pay Difference by Location


For IT Business Analysts with Requirements Analysis skills, busy Charlotte offers a higher-than-average pay rate, 21 percent above the national average. IT Business Analysts with Requirements Analysis skills can also look forward to large paychecks in cities like Detroit (+17 percent), New York (+15 percent), Los Angeles (+13 percent), and Boston (+12 percent). Falling short of the national average by 9 percent, the area with the worst salaries is Washington. A couple other locations with smaller-than-average paychecks include Austin (8 percent lower) and St. Louis (7 percent lower).

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Experience Affects Business Analyst, IT with Requirements Analysis skills Salaries

Late-Career
up arrow 26%

Experienced
up arrow 20%

Mid-Career
up arrow 7%

National Average
$73,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 413 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
2%
1-4 years
37%
5-9 years
33%
10-19 years
22%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 13%