Business Analyst, IT Salary

Pay for IT Business Analysts in the United States sits in the ballpark of $67K annually. Total cash compensation for IT Business Analysts runs from $48K to $100K depending on bonuses that can occasionally exceed $10K and profit sharing that can reach almost $8K. Compensation for this group is mainly affected by the particular firm, but tenure and geographic location are influential factors as well. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. Men working as IT Business Analysts who took the survey just slightly outnumber women at 58 percent. Job satisfaction for IT Business Analysts is high. The numbers in this rundown were provided by PayScale's salary survey participants.
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$48,577 - $94,876
$49K
$67K
$95K
MEDIAN: $67,352
10%
50%
90%

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$18.60 - $57.84
$19
$33
$58
MEDIAN: $33.32
10%
50%
90%

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$0$100K
Salary $48,577 - $94,876
Bonus $496.21 - $10,138
Profit Sharing $0.00 - $6,966
Commission $12,000
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).
)
$48,076 - $100,365
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 5,345
Hourly Data $0$62
Hourly Rate $18.60 - $57.84
Hourly Tips $4.44
Overtime $20.81 - $62.71
Annual Data $0$100K
Bonus $496.21 - $10,138
Commission $12,000
Profit Sharing $0.00 - $6,966
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).
)
$48,076 - $100,365
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 745

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Business Analyst, IT

A business analyst, IT, focuses on improving operations that involve information technology within a company. The business analyst offers consultation to management in an effort to help the company become more effective. The IT business analyst will analyze the hardware, software, and IT services that are being employed in a company. Analyses will have to be carried out in order to determine areas that need improvement. It is also important to have strong research skills in order to determine the latest trends and solutions.

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Business Analyst, IT Tasks

  • 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 Business Analyst, IT


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As IT Business Analysts transition into upper-level roles such as IT Program Manager, they may see a strong upturn in salary. IT Program Managers earn $113K on average per year. IT Business Analysts typically move into roles as Information Technology Project Managers or Senior Business Analysts, and those positions pay $17K more and $16K more, respectively.

Business Analyst, IT Job Listings

Popular Employer Salaries for Business Analyst, IT


J.P. Morgan Chase & Co. (JPMCC), HP Enterprise Services, Cisco Systems Inc, CGI Group Inc., and Citibank are some prominent firms with considerable interest in employing a large team of IT Business Analysts. The biggest paychecks can be found at Chevron Corporation — the median salary there is $93K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $74K and highest ones in the neighborhood of $157K. IT Business Analysts can also look forward to large paychecks at Citibank ($89K), Bank of America Corp. (BOFA) ($88K), and Citigroup, Inc. ($82K).

CGI Group Inc. reports the lowest median salary in the area by far — it's only $47K, about half the top paying employer's rate. Also approaching the lower end are HP Enterprise Services at $55K, CGI Federal at $60K, and Humana, Inc. at $61K.

Popular Skills for Business Analyst, IT


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Oracle, Requirements Analysis, Project Management, and Business Analysis are correlated to pay that is above average, with boosts in pay of 5 percent. Skills that pay less than market rate include HTML, Windows Operating System General Use, and Microsoft Access. Most people experienced in Business Analysis also know Project Management and Microsoft Office.

Pay by Experience Level for Business Analyst, IT

Pay by Experience for a Business Analyst, IT has a positive trend. An entry-level Business Analyst, IT with less than 5 years of experience can expect to earn an average total compensation of $62,000 based on 3,620 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Analyst, IT with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $78,000 based on 1,959 salaries. An experienced Business Analyst, IT which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 1,187 salaries. A Business Analyst, IT with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $87,000 based on 321 salaries.

Pay Difference by Location

National Average: $69,180

Larger city markers indicate a job is popular in that location.

IT Business Analysts will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 28 percent. IT Business Analysts can also look forward to large paychecks in cities like New York (+19 percent), Boston (+7 percent), Seattle (+6 percent), and Houston (+6 percent). With compensation 4 percent below the national average, Atlanta 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 Chicago and Denver (3 percent lower and 2 percent lower, respectively).

Business Analyst, IT Reviews

Q: What is it like working as a Business Analyst, IT?

Business Analyst, IT in Alsip:
"Man of Many Hats."
Pros: I like most about my job is the people who I work with on a day to day basis.
Cons: Management puts a lot of work on you and it is sometimes hard to keep up with their expectation.

Business Analyst, IT in Signal Hill:
"Work Flexibility."
Pros: Work Flexibility, working with a great team.
Cons: Stress level, the management, and lack of communications.

Business Analyst, IT in Madison:
Pros: Learning, growing, achieving goals, and seeing positive results.
Cons: Lack of organization.

Business Analyst, IT in Brooklyn:
"Challenging, intensive and enjoyable."
Pros: Corporate culture, development, work flexibility.
Cons: Lack of direction.

Business Analyst, IT in Los Angeles:
"A great challenge."
Pros: I love the vast array of knowledge that I have gained just to be able to do my job. Bouncing from client to client, I need to learn (quickly, might I add) new skills and gain expertise in a new area so I can do my job well. It can be stressful at times, but I love the challenge, and feel I am a better all-around person now.
Cons: Sometimes my schedule is hectic, and it prevents me from being able to enjoy the things I like to do at home.

Business Analyst, IT in Yonkers:
Pros:
Cons: Stress level, no work life balance, office place doesn't have an ergonomic setup for employees sitting 8+ hours and employees are developing carpel tunnel and management doesn't care, overloading work on one employee, unfair treatment, favoritism.

Business Analyst, IT in Vancouver:
"Large Learning Curve."
Pros: Interesting software and analysis to learn. And a diverse team of developers and analysts to work with.
Cons: The pay and sometime mundane testing periods of the software.

Related Job Salaries

Key Stats for Business Analyst, IT

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 855 votes.
Less than 1 year
7%
1-4 years
47%
5-9 years
25%
10-19 years
16%
20 years or more
5%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Business Analyst, IT Salaries

▲25%

▲22%

▲13%

National Average
$69,000

▼10%

Skills That Affect Business Analyst, IT Salaries

▲5%





Microsoft Sharepoint Server
▲1%

Microsoft Word
▼0%

National Average
$69,000


SQL
▼2%






▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 855 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
7%
1-4 years
47%
5-9 years
25%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 76%
vision benefits
Vision: 68%
no benefits
None: 13%
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