Technology Analyst Salary
Technology Analysts in the United States pull down an average of $68K per year. With some bonuses approaching $10K and certain profit sharing proceeds approaching $6K, overall incomes of Technology Analysts spread between $50K and $90K depending on individual performance. The most important factor affecting compensation for this group is residence, followed by the company and experience level. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Most Technology Analysts report high levels of job satisfaction. Male Technology Analysts are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Job Description for Technology Analyst
Technology analysts improve and maintain an enterprise's information technology system. They are tasked with examining the function of computer systems, identifying problems and areas for improvement in execution, and designing solutions. This may involve the development of new software solutions, the implementation of new hardware, testing to maximize function and compatibility, and a constant monitoring of systems to address issues as they arise and ensure smooth, consistent operations.Read More...
Information technology on the enterprise level involves a vast and ever-expanding array of systems and functions. Therefore, technology analysts may either be assigned to specific tasks, such as network maintenance or database administration, or a general role in which they or their team handles all tasks. As even a dedicated role will often overlap with other areas of the enterprise's information technology (IT) enterprise, a knowledge of all organizational IT roles is preferred for most applicants. Information analysts require superior analytic abilities, attention to detail, and the ability to solve problems in a timely manner.
Employers usually require applicants to have at least a bachelor's degree in information science, with certain sectors also preferring some emphasis in related fields such as engineering. A master's degree is highly preferred by all employers and required by some. The information analyst likely works predominantly onsite in an office environment. A technology analyst may be assigned shifts; however, the highly sensitive nature of information technology jobs means that hours may be long and shifts variable.
Technology Analyst Tasks
- Responsible for computer system maintenance policies such as Version Control, Form Management, Baseline Management, Change Management, and Release Management.
- Responsible for maintenance and improvements/enhancements to the existing technology within a business organization.
- Configure business rules and business/functional/system requirements for improvements or new additions to the current computer system.
- Responsible for the creation and implementation of business processes, workflow, technology solutions and technology frameworks within a business organization.
- Follow business-specific standards relevant to various business industries when creating business/functional/system requirements.
Technology Analyst Job Listings
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Popular Employer Salaries for Technology Analyst
InfoSys Limited, J.P. Morgan Chase & Co. (JPMCC), Accenture, The Goldman Sachs Group, Inc., and Bank of America Corp. (BOFA) are top-notch employers for Technology Analysts in this area. Employees at The Goldman Sachs Group, Inc. enjoy the biggest paychecks, and $91K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $62K and higher ones not far away at only $99K.
Employees at InfoSys Limited take home the smallest paychecks, and $68K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $63K and quickly nearing the top at only $80K.
Popular Skills for Technology Analyst
Pay by Experience Level for Technology Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average inexperienced worker earns $69K. It's worth noting that someone who has worked for five to 10 years can expect a smaller median salary of $68K. Technology Analysts claiming one to two decades of experience make an estimated median of $73K. Average wages for folks with more than 20 years of experience come out to around $80K.
Pay Difference by Location
Technology Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 34 percent. Technology Analysts will also find cushy salaries in New York (+23 percent), Cupertino (+18 percent), Washington (+12 percent), and San Jose (+7 percent). Trailing the national average by 10 percent, Dallas is the market with the smallest paychecks. Employers pay around 8 percent less in Atlanta and 6 percent less in Columbus, below-median salaries for those in this field.