$67,601
Avg. Salary
$34.04
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$3,992

Profit Sharing

$2,053

Commission

$10,000

The average pay for a Business Analyst, IT is $34.04 per hour.

The average pay for a Business Analyst, IT is $67,601 per year.

$19
10%
$34
50%
$59
90%
MEDIAN $34
$49k
10%
$68k
50%
$95k
90%
MEDIAN $67,601
$48,673 - $95,470
$49K
$68K
$95K
MEDIAN: $67,601
10%
50%
90%

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$18.65 - $59.00
$19
$34
$59
MEDIAN: $34.04
10%
50%
90%

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$0$101K
Salary $48,673 - $95,470
Bonus $502 - $10,176
Profit Sharing $35.23 - $8,073
Commission $10,000
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).
)
$48,284 - $101,119
  • Country: United States
  • Currency: USD
  • Updated: 12 Nov 2018
  • Individuals Reporting: 9,966
Hourly Data $0$61
Hourly Rate $18.65 - $59.00
Hourly Tips $4.44
Overtime $24.07 - $61.06
Annual Data $0$101K
Bonus $502 - $10,176
Commission $10,000
Profit Sharing $35.23 - $8,073
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).
)
$48,284 - $101,119
  • Country: United States
  • Currency: USD
  • Updated: 12 Nov 2018
  • Individuals Reporting: 1,339

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.

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.

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 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: $69,410

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 Findlay:
"IT partner."
Pros: Engaging with clients to drive requirements for projects that close business gaps.
Cons:

Business Analyst, IT in Irving:
"Compensation Not Comparable to Similar Companies."
Pros: Flexibility in Schedule / Remote Office Work.
Cons: Compensation, Awards & Recognition, Communication.

Business Analyst, IT in Jacksonville:
"Work Info."
Pros: Respect for each other and timely salary payment.
Cons:

Business Analyst, IT in Seattle:
"Oracle Apps Manager."
Pros: I like that the job varies from day to day and I get to see all aspects of the business. It's a smaller business, so my experience covers everything.
Cons: Our company is smaller, so we don't have the resources or leverage to move on all of the opportunities presented to us for improvement.

Business Analyst, IT in Auburn Hills:
"Team Work And Diverse Projects."
Pros: I get to help people solve problems they have with our software everyday and work with developers to make it better.
Cons: Stressful timeline that is hard to predict.

Business Analyst, IT in Lubbock:
Pros: I most enjoy the changes that each day brings. Nothing stays the same in the healthcare industry, and you have to stay focused every day.
Cons: I least like the lack of accountability that people want to take. It is very difficult to get certain tasks and projects completed when people do not want to take responsibility for them.

Business Analyst, IT in Hartford:
"Bridging Together The People And Technology To Drive Solutions."
Pros: Being able to work with people; understanding the system and gaining a holistic view of everything going on; using my creative mindset, I am able to come up with solutions.
Cons: Dependencies on other people mean that when you can meet deadlines is sometimes out of your control; there is frequent change because the customer does not always know what they want.

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 1575 votes.
Less than 1 year
6%
1-4 years
46%
5-9 years
26%
10-19 years
17%
20 years or more
5%

Experience Affects Business Analyst, IT Salaries

▲25%

▲22%

▲12%

National Average
$69,000

▼10%

Skills That Affect Business Analyst, IT Salaries

▲5%





Microsoft Sharepoint Server
▼0%

National Average
$69,000

Microsoft Word
▼1%


SQL
▼2%






▼8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 1575 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
6%
1-4 years
46%
5-9 years
26%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
no benefits
None: 13%