Business Analyst, Software Salary

Software Business Analysts in the United States pull down an average of $62K per year. Total cash compensation to Software Business Analysts ranges from $44K on the lower end to $94K on the higher end; the final number includes potential for approximately $7K each from bonuses and profit sharing in exceptional cases. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to a large number, and most earn dental coverage. Job satisfaction is high and work is enjoyable for most Software Business Analysts. Men working as Software Business Analysts who took the survey just slightly outnumber women at 54 percent. Respondents to the PayScale salary survey provided the data for this report.

$43,487 - $88,587
(Median)
$43K
$62K
$89K
MEDIAN: $61,868
10%
50%
90%

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$12.00 - $80.00
(Median)
$12
$39
$80
MEDIAN: $39.00
10%
50%
90%

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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$32K$64K$96K
Salary
$43,487 - $88,587  
   
Bonus
$0.00 - $7,047  
Profit Sharing
$587 - $7,149  
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).
)
$43,733 - $94,358  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 443
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$27$54$81
Hourly Rate
$12.00 - $80.00  
   
Overtime
$15.26  
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$60K$120K$180K
Bonus
$0.00 - $7,047  
   
Profit Sharing
$587 - $7,149  
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).
)
$43,733 - $94,358  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 29
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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


Software Business Analysts generally report applying a varied skill set to their work. Most notably, skills in Project Management, Requirements Analysis, Functional Analysis, and Business Analysis are correlated to pay that is above average, with boosts between 4 percent and 7 percent. Skills that are correlated to lower pay, on the other hand, include SQL, Microsoft Office, and Microsoft Word. Most people who know Business Analysis also know 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.


Survey participants with less than five years' experience pocket $58K on average, but those with five to 10 years of experience enjoy a much bigger median of $72K. After working for 10 to 20 years, Software Business Analysts make a median salary of $79K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $65K on average.

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Experience Affects Business Analyst, Software Salaries



Late-Career
up arrow 2%

National Average
$64,000


Skills That Affect Business Analyst, Software Salaries



Functional Analysis
up arrow 4%

Business Analysis
up arrow 2%

Microsoft SQL Server
0%

National Average
$64,000

Microsoft Excel
up arrow 1%

Microsoft Word
up arrow 6%


SQL
up arrow 14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 96 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
6%
1-4 years
44%
5-9 years
25%
10-19 years
19%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 81%
medical benefits
Vision: 66%
dental benefits
None: 11%
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