Technology Analyst Salary
The average Technology Analyst in the United States earns approximately $69K annually. Final cash compensation to Technology Analysts varies from around $51K to approximately $91K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $6K, respectively. This group's pay is mainly influenced by residence, followed by the specific employer and tenure. Making up 73 percent of those who took the survey, male Technology Analysts greatly outnumber their female counterparts. For the most part, Technology Analysts enjoy their work and report high levels of job satisfaction. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The figures in this rundown are based on the results of 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 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.
- Configure business rules and business/functional/system requirements for improvements or new additions to the current computer system.
- 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.
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 some prominent firms with considerable interest in employing a large team of Technology Analysts. With a median salary of $91K, The Goldman Sachs Group, Inc. offers Technology Analysts the highest pay. However, earnings don't seem to live on a large spectrum; they generally peter out at $72K and are capped at $98K.
InfoSys Limited doles out the lowest salaries in town — median pay is $68K — not to mention workers can only make as much as $80K and scope of pay is rather limited.
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 $70K. It's worth noting that someone who has worked for five to 10 years can expect a smaller median salary of $68K. For Technology Analysts, 10 to 20 years of experience on the job amounts to an average salary of $74K. Technology Analysts who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $85K.
Pay Difference by Location
Home to some of the best pay for Technology Analysts, San Francisco offers exceptional salaries, 34 percent above the national average. Technology Analysts can also look forward to large paychecks in cities like New York (+23 percent), Cupertino (+17 percent), Washington (+8 percent), and San Jose (+6 percent). With compensation 8 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market. Workers in Atlanta and Salt Lake City earn salaries that trail the national average for those in this profession (7 percent less and 5 percent less, respectively).
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Key Stats for Technology Analyst
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