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 $6K, overall incomes of IT Business Analysts with Requirements Analysis skills spread between $50K and $106K depending on individual performance. The most important factor affecting compensation for this group is the particular firm, followed by tenure and geography. Job satisfaction is reported as high by the vast majority of workers. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Women are just slightly outnumbered, with male IT Business Analysts with Requirements Analysis skills making up 55 percent of survey respondents. Participants in PayScale's salary questionnaire provided the particulars of this report.

$49,892 - $96,849

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$22.90 - $65.04

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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
$49,892 - $96,849  
   
Bonus
$0.00 - $10,090  
Profit Sharing
$483.39 - $6,183  
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).
)
$50,364 - $105,679  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,002
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
$22.90 - $65.04  
   
Overtime
$23.67 - $63.63  
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 - $10,090  
   
Profit Sharing
$483.39 - $6,183  
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).
)
$50,364 - $105,679  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 250
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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, General Motors Corporation, and Fiserv Inc are some prominent firms with considerable interest in employing a large team of IT Business Analysts with Requirements Analysis skills. The biggest paychecks can be found at General Motors Corporation — the median salary there is $91K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $60K and highest ones in the neighborhood of $139K. Also paying near the top of the field are J.P. Morgan Chase & Co. (JPMCC) at $86K, Wipro Technologies Ltd. at $74K, and CGI Group Inc., where IT Business Analysts with Requirements Analysis skills annually earn $74K.

Hewlett-Packard Company seems to offer the smallest paychecks with a median salary of only $60K. The pay range is quite narrow, too; compensation generally sits between $50K and $95K. 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. The average worker who claims fewer than five years of experience earns around $64K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $78K. People with 10 to 20 years of experience make an average of about $87K in this role. 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 $91K on average.

Pay Difference by Location


With a pay rate for IT Business Analysts with Requirements Analysis skills that is 18 percent greater than the national average, Charlotte offers a comfortable salary for those in this profession. 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 Denver (+8 percent). In Washington, salaries are 8 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Austin (7 percent less) and Atlanta (6 percent less).

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Experience Affects Business Analyst, IT with Requirements Analysis skills Salaries

Late-Career
up arrow 25%

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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