Business Analyst, Software Salary

Software Business Analysts in the United States can expect to earn an average of $62K per year. Overall incomes of Software Business Analysts generally bottom out at around $44K and peak near $94K; the final number can, in exceptional cases, include upwards of $7K each for bonuses and profit sharing proceeds. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Software Business Analysts making up 54 percent of survey respondents. A large number report receiving medical coverage from their employers and most collect dental insurance. Most Software Business Analysts like their work and job satisfaction is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$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 might see a strong upturn in salary after transitioning into upper-level roles such as Senior Business Analyst, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $84K per year.

Business Systems Analyst Job Listings

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Popular Skills for Business Analyst, Software


Survey results suggest that Software Business Analysts use a fairly large toolkit of professional skills. 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 seem to negatively impact pay include SQL, Microsoft Office, and Microsoft Word. Most people familiar with 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. Software Business Analysts who work for 10 to 20 years in their occupation tend to earn about $79K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $65K by contrast.

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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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