Business Analyst, Software Salary

For Software Business Analysts, yearly average wages total $61K annually. 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. Experience level is the biggest factor affecting pay for this group, followed by geography. Most workers in this position report high levels of job satisfaction. Men working as Software Business Analysts who took the survey just slightly outnumber women at 53 percent. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to more than half. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$43,253 - $87,418

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$12.60 - $73.97

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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
$43,253 - $87,418  
   
Bonus
$0.00 - $8,274  
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).
)
$43,488 - $93,272  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 460
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
$12.60 - $73.97  
   
Overtime
$14.74 - $45.78  
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 - $8,274  
   
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).
)
$43,488 - $93,272  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 31
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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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Though not the most common occurrence, Software Business Analysts sometimes become Senior Business Analysts, where the average income is $84K per year.

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Popular Skills for Business Analyst, Software


Software Business Analysts seem to require a number of specific skills. 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 pay less than market rate include SQL and Microsoft Office. Those educated in Business Analysis tend to be well versed in 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.


Although individuals who have less than five years' experience earn $56K on average, people with five to 10 years benefit from a notably larger average of $72K. After working for 10 to 20 years, Software Business Analysts make a median salary of $78K. For some reason, Software Business Analysts with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $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 3%

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 97 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
5%
1-4 years
42%
5-9 years
29%
10-19 years
18%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 68% employee benefits None: 9%
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