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Business Analyst, IT Salary (United States)

Average IT Business Analysts in the United States make around $65K per year. The bottom of the pay range sits near $45K, and the top verges on $100K per year. Final cash compensation to IT Business Analysts varies from around $45K to approximately $100K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $7K, respectively. The company is the biggest factor affecting pay for this group, followed by experience level and geography. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is high and work is enjoyable for most IT Business Analysts. This snapshot results from replies to PayScale's salary survey.
Business Analyst, IT Salary (?
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.
)
$45,349 - $92,493
(Median)
45K
54K
65K
79K
92K
MEDIAN: $65,126
10%
25%
50%
75%
90%
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Business Analyst, IT Salary (?
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.
)
$17.55 - $60.22
(Median)
18
23
35
48
60
MEDIAN: $34.00
10%
25%
50%
75%
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
$45,349 - $92,493  
   
Bonus
$0.00 - $10,014  
Profit Sharing
$485.31 - $6,699  
Commission
$0.00 - $5,896  
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).
)
$44,963 - $100,134  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 7,250
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
$17.55 - $60.22  
   
Overtime
$21.40 - $59.30  
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 - $10,014  
   
Commission
$0.00 - $5,896  
Profit Sharing
$485.31 - $6,699  
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).
)
$44,963 - $100,134  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 989
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Job Description for Business Analyst, IT

An IT Business Analyst's job is to create project plans for information technology development and testing. Their goal is to identify how information technology can help satisfy business and customer requirements. IT business analysts are responsible to overseeing and contributing to all aspects of IT projects within an organization, including identifying, communicating and managing any risks associated with projects. It is the IT business analyst's job to translate requirements into new information technology project specifications. IT business analysts work in a variety of industries. In fact, the scope of industry opportunities for these types of analysts is virtually unlimited. Any business which uses or has the potential to use computer technologies could us an IT business analyst- either for internal business purposes, or to help satisfy customer needs. Work settings are typical office settings and co-workers include leaders and consultant from different departments, programmers and other analysts. Companies who hire IT business analysts are typically looking for those who have completed a four year degree in computer science, engineering, management information systems, or something very similar. A typical day may include brainstorming both within and outside the IT department in order to test different ideas, testing prototype software implementations, consulting with different departments, and developing new systems. A typical work week for an IT business analyst is 40 hours per week, but could be more depending on what is being worked upon and what deadlines must be met.
Business Analyst, IT Tasks
  • Identify, communicate, and manage risks associated with projects.
  • Identify business or customer requirements and information technology alternatives.
  • Create project plans for information technology development and testing.
  • Translate requirements into new information technology project specifications.

Common Career Paths for Business Analyst, IT

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IT Business Analysts who advance into the role of a IT Program Manager are fairly uncommon. IT Program Managers on average earn $111K per year. Typical career progression for a IT Business Analyst involves becoming a Information Technology Project Manager or a Senior Business Analyst, roles that pay $18K more and $17K more on average.

Business Analyst, IT Job Listings

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Popular Employer Salaries for Business Analyst, IT

J.P. Morgan Chase & Co. (JPMCC), Accenture, Hewlett-Packard Company, Wipro Technologies Ltd., and CGI Group Inc. are among the top companies that take on many IT Business Analysts. Although Chevron Corporation boasts the highest average salary in town at $93K, employee compensation still varies greatly — workers can make as little as $74K or as much as $157K. Soaring salaries can also be found at Citibank, Bank of America Corp. (BOFA), and Citigroup, Inc., where earnings of $88K, $86K, or $82K are standard for IT Business Analysts.
Just about half of the top paying company's median, Humana, Inc. offers a median salary of just $50K, consistently last on the pay scale ladder by far. Other low-paying employers include Hewlett-Packard Company at $55K and HP Enterprise Services at $55K, though some IT Business Analysts there earn up to $106K.

Popular Skills for Business Analyst, IT

Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Requirements Analysis, Business Analysis, Oracle, and Project Management are correlated to pay that is above average, with boosts between 5 percent and 8 percent. Skills that seem to negatively impact pay include Visual Basic, Windows Operating System General Use, and HTML. Most people skilled in Microsoft Office are similarly competent in Business Analysis.

Pay by Experience Level for Business Analyst, IT

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many IT Business Analysts, extensive experience does not lead to significantly more money. Although individuals who have less than five years' experience earn $60K on average, people with five to 10 years benefit from a notably larger average of $74K. IT Business Analysts who work for 10 to 20 years in their occupation tend to earn about $83K. 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 $86K.

Pay Difference By Location

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National Average
$67,000
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Larger circles over a city indicate a job is popular in that location.
For IT Business Analysts, San Francisco provides a pay rate that is 24 percent greater than the national average. IT Business Analysts will also find cushy salaries in New York (+18 percent), Los Angeles (+11 percent), Houston (+9 percent), and Boston (+8 percent). Falling short of the national average by 4 percent, the area with the worst salaries is Washington. A couple other locations with smaller-than-average paychecks include Minneapolis (3 percent lower) and St. Louis (2 percent lower).

Business Analyst, IT Reviews

What is it like working as a Business Analyst, IT?
Business Analyst, IT in Auburn Hills:
"Team Work And Diverse Projects."
Pros: I get to help people solve problems they have with our software everyday and work with developers to make it better.
Cons: Stressful timeline that is hard to predict.
Business Analyst, IT in Lubbock:
Pros: I most enjoy the changes that each day brings. Nothing stays the same in the healthcare industry, and you have to stay focused every day.
Cons: I least like the lack of accountability that people want to take. It is very difficult to get certain tasks and projects completed when people do not want to take responsibility for them.
Business Analyst, IT in Hartford:
"Bridging Together The People And Technology To Drive Solutions."
Pros: Being able to work with people; understanding the system and gaining a holistic view of everything going on; using my creative mindset, I am able to come up with solutions.
Cons: Dependencies on other people mean that when you can meet deadlines is sometimes out of your control; there is frequent change because the customer does not always know what they want.

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Experience Affects Business Analyst, IT Salaries

National Average
$67,000

Skills That Affect Business Analyst, IT Salaries

up arrow 5%
Project Management
up arrow 3%
Microsoft Sharepoint Server
up arrow 2%
SQL
0%
Data Analysis
0%
National Average
$67,000
Microsoft SQL Server
up arrow 3%
Microsoft Access
up arrow 4%
up arrow 6%

Job Satisfaction

Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 1682 votes.

Gender

Female
41%
female alumni
 
Male
59%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
40%
5-9 years
30%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 13%