Business Analyst, IT Salary with Requirements Analysis skills

IT Business Analysts with Requirements Analysis skills pull down an average of $70K annually. Including potential for bonuses and profit sharing — peaking near $10K and $6K, respectively — total cash payment to IT Business Analysts with Requirements Analysis skills can bottom out near $50K or peak near $106K depending on individual performance. Earnings for this group are mostly affected by the specific employer, followed by experience level and geography. For the most part, IT Business Analysts with Requirements Analysis skills enjoy their work and report high levels of job satisfaction. Men make up a slight majority of IT Business Analysts with Requirements Analysis skills (55 percent) who responded to the survey. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$49,717 - $96,908
(Median)
$50K
$70K
$97K
MEDIAN: $70,104
10%
50%
90%

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$23.04 - $65.39
(Median)
$23
$44
$65
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
$49,717 - $96,908  
   
Bonus
$0.00 - $10,079  
Profit Sharing
$463.69 - $6,460  
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).
)
$50,258 - $105,918  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 1,949
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
$23.04 - $65.39  
   
Overtime
$23.39 - $64.25  
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 - $10,079  
   
Profit Sharing
$463.69 - $6,460  
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).
)
$50,258 - $105,918  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 240
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Popular Employer Salaries for Business Analyst, IT with Requirements Analysis skills


J.P. Morgan Chase & Co. (JPMCC), Wipro Technologies Ltd., Hewlett-Packard Company, Fiserv Inc, and General Motors Corporation are all popular places to work. Those at General Motors Corporation can expect to make the most, with the company offering a median salary of $92K. Soaring salaries can also be found at J.P. Morgan Chase & Co. (JPMCC), Wipro Technologies Ltd., and CGI Group Inc., where earnings of $86K, $74K, or $74K are standard for IT Business Analysts with Requirements Analysis skills.

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 $60K, the lowest in the field. Also approaching the lower end are Fiserv Inc, Cognizant Technology Solutions Corp, and InfoSys Limited, each paying $73K.

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.


For IT Business Analysts with Requirements Analysis skills, experience does not seem to be a major factor in determining pay. Salaries of relatively inexperienced workers fall in the neighborhood of $64K, but folks who have racked up five to 10 years see a notably higher median of $78K. IT Business Analysts with Requirements Analysis skills bring in $87K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $90K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location


For IT Business Analysts with Requirements Analysis skills, Charlotte provides a pay rate that is 20 percent greater than the national average. IT Business Analysts with Requirements Analysis skills can also look forward to large paychecks in cities like New York (+17 percent), Los Angeles (+12 percent), Boston (+8 percent), and Philadelphia (+7 percent). Washington ranks last in the field for pay, reporting salaries 8 percent below the national average. Employers in Austin and St. Louis also lean toward paying below-median salaries (7 percent lower and 6 percent lower, respectively).

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Experience Affects Business Analyst, IT with Requirements Analysis skills Salaries

Late-Career
up arrow 23%

Experienced
up arrow 20%

Mid-Career
up arrow 7%

National Average
$73,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 419 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: 66% employee benefits None: 13%
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