Business Analyst, Software Salary

Software Business Analysts in the United States take home approximately $61K annually on average. Cash earnings for Software Business Analysts — which occasionally include more than $8K from bonuses and more than $7K from profit sharing — stretch from around $43K to approximately $93K. Career duration is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Women are just slightly outnumbered, with male Software Business Analysts making up 53 percent of survey respondents. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to more than half. The data in this summary comes from the PayScale salary survey.

$43,107 - $87,139
(Median)
$43K
$61K
$87K
MEDIAN: $61,057
10%
50%
90%

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$12.37 - $72.72
(Median)
$12
$29
$73
MEDIAN: $29.00
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$31K$62K$93K
Salary
$43,107 - $87,139  
   
Bonus
$0.00 - $8,217  
Profit Sharing
$198.66 - $7,047  
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).
)
$43,190 - $92,968  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 471
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
$12.37 - $72.72  
   
Overtime
$15.00 - $45.00  
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 - $8,217  
   
Profit Sharing
$198.66 - $7,047  
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).
)
$43,190 - $92,968  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 33
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Job Description for Business Analyst, Software

A software business analyst analyzes software that has been implemented within their company, reporting on its efficiency and developing ideas to solve any problems encountered. They may also be given a problem and expected to come up with software that can remedy the issue.

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Business Analyst, Software Tasks

  • Understand user conceptual requirements and needs.
  • Translate user requirements into software specifications, resource estimates, and schedules.
  • Plan, design, schedule and coordinate software development.
  • Work with software developers and quality assurance testers to produce the software.

Common Career Paths for Business Analyst, Software


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Software Business Analysts who move on to become Senior Business Analysts may enjoy significant pay raises, as Senior Business Analysts get paid an average of $84K per year.

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Popular Skills for Business Analyst, Software


Survey results suggest that Software Business Analysts put a wide range of professional skills to use. Most notably, skills in Requirements Analysis, Project Management, Functional Analysis, and Microsoft SQL Server are correlated to pay that is above average, with boosts between 4 percent and 8 percent. Skills that are correlated to lower pay, on the other hand, include SQL and Microsoft Office. For most people, competency in Business Analysis indicates knowledge of Functional Analysis and Project Management.

Pay by Experience Level for Business Analyst, Software

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


Relatively untried employees who have less than five years' experience make $56K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $72K. For Software Business Analysts, 10 to 20 years of experience on the job amounts to an average salary of $77K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $71K.

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Experience Affects Business Analyst, Software Salaries



Late-Career
up arrow 13%

National Average
$63,000


Skills That Affect Business Analyst, Software Salaries


Project Management
up arrow 8%

Functional Analysis
up arrow 4%

Business Analysis
up arrow 2%

Microsoft SQL Server
up arrow 2%

National Average
$63,000

Microsoft Excel
up arrow 2%

Microsoft Word
up arrow 3%

Microsoft Office
up arrow 9%

SQL
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 102 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
6%
1-4 years
42%
5-9 years
28%
10-19 years
19%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 67% employee benefits None: 9%
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