Business Systems Analyst Salary
Business Systems Analysts in the United States can expect to earn an average of $67K annually. Cash earnings of Business Systems Analysts can occasionally include $10K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $49K to almost $102K. Earnings for this group are mostly affected by the particular firm, followed by geography and years of experience. There are more male Business Systems Analysts than female among those who completed the questionnaire, making up 60 percent. Most Business Systems Analysts like their work and job satisfaction is high. Most report receiving medical coverage from their employers and a large number collect dental insurance. This report is based on answers to PayScale's salary questionnaire.
|Salary||$49,112 - $95,634|
|Bonus||$687 - $10,012|
|Profit Sharing||$-0.48 - $9,717|
|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).)
|$49,240 - $102,226|
|Hourly Rate||$19.62 - $60.59|
|Overtime||$22.78 - $67.97|
|Bonus||$687 - $10,012|
|Profit Sharing||$-0.48 - $9,717|
|Total Pay (||$49,240 - $102,226|
Job Description for Business Systems Analyst
Business systems analysts are responsible for the analysis, adjustment and restructuring of different aspects of a business. It is a business systems analyst's responsibility to ensure that a business’s structure is meeting top output efficiency. Business system analysts work closely with individuals at all levels of employment to see what is and isn't working in the most efficient manner possible. They are responsible for interacting with and addressing employees at all levels in a professional manner while providing constructive criticism that is conducive to the restructuring of current systems. Travel may be required in order to gain a more intimate understanding of current methods of conducting business. Business systems analysts are responsible for identifying and addressing current and future business needs within the realms of currently accessible resources. They are responsible for advising on the allocation of resources in such a way that minimizes waste and maximizes efficient use and profitability. Most work for business systems analysts is done off site and requires little to no physical activity beyond walking, standing, driving and talking. Their positions are ongoing requiring multiple follow ups on completed work and flexible availability for future consultation. Business systems analysts must have a functional understanding of software systems and at least fundamental understanding of software coding. They must be completely proficient in Microsoft Office and have interpersonal communication skills. Business system analysts must be prepared to address any concerns that arise during any restructuring of existing systems and adequately explain advantages and disadvantages to any stem changes made under their supervision.
Business Systems Analyst Tasks
- Determine solutions to business software/hardware system problems.
- Analyze business processes and write system process specifications to be used.
- Work with clients to determine their business needs to transform them into information technology system requirements.
Common Career Paths for Business Systems Analyst
While Business Systems Analysts do not often become IT Senior Project Managers, the job pays $112K per year on average. It is quite typical for Business Systems Analysts to transition into roles as Senior Business Analysts or Information Technology Project Managers, where reported median earnings are $15K and $17K higher per year.
Popular Employer Salaries for Business Systems Analyst
Booz, Allen, and Hamilton, The PNC Financial Services Group, Inc., Liberty Mutual Insurance Group, Epsilon, and J.P. Morgan Chase & Co. (JPMCC) are top-notch employers for Business Systems Analysts in this area. Those at Capital One Financial Corp can expect to make the most, with the company offering a median salary of $100K. Also paying near the top of the field are Navy Federal Credit Union at $81K, J.P. Morgan Chase & Co. (JPMCC) at $77K, and Liberty Mutual Insurance Group, where Business Systems Analysts annually earn $74K.
Others at the bottom of the scale for this job include Mckesson Health Solutions at $52K, and Fiserv Inc where $59K is the norm, but it is worth noting that some Business Systems Analysts there earn up to $107K.
Popular Skills for Business Systems Analyst
Survey participants wield an impressively varied skill set on the job. Most notably, skills in Oracle, Requirements Analysis, Microsoft Visio, and Business Analysis are correlated to pay that is above average, with boosts of 6 percent, 5 percent, 4 percent, and 4 percent, respectively. Skills that seem to negatively impact pay include Windows Operating System General Use, Microsoft Access, and Microsoft Office. Most people experienced in Business Analysis also know Data Analysis and Project Management. People who know Requirements Analysis usually also know Project Management and Data Analysis.
Pay by Experience Level for Business Systems Analyst
Pay by Experience for a Business Systems Analyst has a positive trend. An entry-level Business Systems Analyst with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 1,650 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Systems Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $75,000 based on 1,012 salaries. An experienced Business Systems Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 634 salaries. A Business Systems Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $93,000 based on 171 salaries.
Pay Difference by Location
For Business Systems Analysts, busy San Francisco offers a higher-than-average pay rate, 42 percent above the national average. Business Systems Analysts can also look forward to large paychecks in cities like Los Angeles (+14 percent), Washington (+14 percent), New York (+13 percent), and Boston (+11 percent). With compensation 8 percent below the national average, Minneapolis is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Philadelphia and Houston (7 percent lower and 6 percent lower, respectively).
Business Systems Analyst Reviews
Related Job Salaries
Key Stats for Business Systems Analyst
Rated 4 out of 5
based on 464 votes.