Sr. Business Analyst (Computer Software/Hardware/Systems) Salary
With slightly less than two-thirds of Senior Business Analysts in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Senior Business Analysts is $89K annually and can range from $67K on the lower end to $126K per year near the higher end. Final cash compensation to Senior Business Analysts varies from around $67K to approximately $126K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $10K, respectively. This group's pay is mainly influenced by residence, followed by experience level and the specific company. Male Senior Business Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 54 percent of the field. Most enjoy medical and dental coverage in this occupation, and a strong majority get vision benefits. The majority of Senior Business Analysts claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Job Description for Sr. Business Analyst (Computer Software/Hardware/Systems)
- Create project plans for information technology development and testing.
- Translate requirements into new information technology project specifications.
- Identify, communicate, and manage risks associated with projects.
- Identify business or customer requirements and information technology alternatives.
Common Career Paths for Sr. Business Analyst (Computer Software/Hardware/Systems)
It's not very common for Senior Business Analysts to move on to become Senior Product Managers of Software. Average pay for a Senior Product Manager of Software is $121K annually. An Information Technology Project Manager role is the most prevalent career advancement for Senior Business Analysts. Paychecks for that role are $86K on average. The IT Senior Project Manager position is another common transition for Senior Business Analysts; in this role, salaries are typically at the $112K mark.
Sr. Business Analyst (Computer Software/Hardware/Systems) Job Listings
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Popular Employer Salaries for Sr. Business Analyst (Computer Software/Hardware/Systems)
Heading up the field in terms of compensation, Accenture offers the most; Senior Business Analysts earn $83K on average there.
Epsilon offers the lowest pay in the field with a median salary of just $73K. There's also little variation in pay at the company, with pay ranging from $58K to $92K.
Popular Skills for Sr. Business Analyst (Computer Software/Hardware/Systems)
Senior Business Analysts seem to require a rather large skill set. Most notably, skills in Oracle, Process Improvement, Business Analysis, and Requirements Analysis are correlated to pay that is above average. At the other end of the pay range are skills like Windows Operating System General Use, Microsoft Word, and Microsoft Excel. Most people who know Business Analysis also know Project Management and Microsoft Office.
Pay by Experience Level for Sr. Business Analyst (Computer Software/Hardware/Systems)
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience does not seem to be a strong driver of pay increase in this role. Survey participants with less than five years' experience pocket $79K on average, but those with five to 10 years of experience enjoy a much bigger median of $90K. Senior Business Analysts who work for 10 to 20 years in their occupation tend to earn about $98K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $102K.
Pay Difference by Location
For those looking to make money, Senior Business Analysts in Los Angeles enjoy an exceptional pay rate, 26 percent above the national average. Senior Business Analysts can also look forward to large paychecks in cities like New York (+24 percent), Boston (+10 percent), Dallas (+9 percent), and Denver (+8 percent). The smallest paychecks in the market, 16 percent south of the national average, can be found in Plano. Workers in Charlotte and Columbus earn salaries that trail the national average for those in this profession (10 percent less and 6 percent less, respectively).
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