Lead Business Analyst Salary (Australia)
The average salary for a Lead Business Analyst is AU$120,910 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, salary increases steeply, but any additional experience does not have a big effect on pay.
|Salary||AU$90,614 - AU$150,597|
|Bonus||AU$2,043 - AU$15,370|
|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).)
|AU$91,260 - AU$178,762|
Job Description for Lead Business Analyst
The lead business analyst uses analytic techniques to develop solutions for organizational issues. These analysts identifies metrics that can be used to measure departments' or projects' status and performance. There are a wide range of business issues that the lead business analyst may track. For example, they may ensure an office is within its budget. They may also take expense reports and perform variance analyses to determine if spending is within allowable variations of the budget; if the office is not on track to stay within budget, then the lead analyst will make recommendations on course correction.Read More...
These professionals lead a team of analysts in gathering relevant data and performing in-depth statistical analyses for a variety of areas in their company. If these analyses demonstrate an area in question is performing at an acceptable level, satisfactory performance is noted in a report by the lead business analyst. However, if a problem is found, the lead business analyst initiates a troubleshooting process. The lead business analyst prepares a report detailing the problem with supporting evidence for managers and other relevant staff. They use data and their team's experience to recommend a solution or solutions to address the problem. If leaders accept the recommendation(s), the lead business analyst may oversee the implementation of the solution. Additionally, they may identify metrics to measure the solution's effectiveness and track progress over time.
Educational requirements for this position typically include at least a bachelor's degree in a relevant field. Previous experience as a business analyst may be required, as well as previous experience in a managerial role. (Copyright 2018 PayScale.com)
Lead Business Analyst Tasks
- Document user needs, design decisions and specifications for new and ongoing projects.
- Coordinate user groups and business experts to collect and communicate relevant data.
- Interview clients, present designs and manage communication and expectations.
- Write recommendations and reports to inform decision making and data collection.
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Pay by Experience Level for Lead Business Analyst
Pay by Experience for a Lead Business Analyst has a positive trend. An entry-level Lead Business Analyst with less than 5 years of experience can expect to earn an average total compensation of AU$104,000 based on 14 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Lead Business Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of AU$130,000 based on 38 salaries. An experienced Lead Business Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of AU$130,000 based on 34 salaries. A Lead Business Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of AU$128,000 based on 6 salaries.
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