Business Analyst, Software Salary

Software Business Analysts in the United States take home approximately $64K annually on average. Cash earnings of Software Business Analysts can occasionally include $10K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $48K to almost $97K. Location is the biggest factor affecting pay for this group, followed by experience level. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Women are just slightly outnumbered, with male Software Business Analysts making up 54 percent of survey respondents. For the most part, Software Business Analysts enjoy their work and report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$47,881 - $91,632
$48K
$65K
$92K
MEDIAN: $64,601
10%
50%
90%

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$16.04 - $49.25
$16
$34
$49
MEDIAN: $34.09
10%
50%
90%

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$0$95K
Salary $47,881 - $91,632
Bonus $202 - $10,189
Profit Sharing $582 - $9,967
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).
)
$47,621 - $95,951
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 648
Hourly Data $0$51
Hourly Rate $16.04 - $49.25
Overtime $26.07 - $51.88
Annual Data $0$95K
Bonus $202 - $10,189
Profit Sharing $582 - $9,967
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).
)
$47,621 - $95,951
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 47

Job Description for Business Analyst, Software

A software business analyst analyzes software that has been implemented within their company, reporting on its efficiency and developing ideas to solve any problems encountered. They may also be given a problem and expected to come up with software that can remedy the issue.

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Business Analyst, Software Tasks

  • Plan, design, schedule and coordinate software development.
  • Work with software developers and quality assurance testers to produce the software.
  • Understand user conceptual requirements and needs.
  • Translate user requirements into software specifications, resource estimates, and schedules.

Common Career Paths for Business Analyst, Software


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Software Business Analysts often transition into Senior Business Analyst positions, for which compensation tends to be much higher. On average, Senior Business Analysts earn $85K per year.

Business Analyst, Software Job Listings

Popular Skills for Business Analyst, Software


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Agile Software Development, Implementation Analyst, Microsoft Visio, and Product Management are correlated to pay that is above average, with boosts between 9 percent and 16 percent. At the other end of the pay range are skills like Microsoft SQL Server, Microsoft Office, and Microsoft Word. Those proficient in Business Analysis are, more often than not, also skilled in Project Management and Functional Analysis. Most people familiar with Requirements Analysis also know Functional Analysis and Project Management.

Pay by Experience Level for Business Analyst, Software

Pay by Experience for a Business Analyst, Software has a positive trend. An entry-level Business Analyst, Software with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 330 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Business Analyst, Software with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $75,000 based on 120 salaries. An experienced Business Analyst, Software which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $81,000 based on 70 salaries. A Business Analyst, Software with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $71,000 based on 16 salaries.

Pay Difference by Location

National Average: $65,964

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

For those looking to make money, Software Business Analysts in Chicago enjoy an exceptional pay rate, 22 percent above the national average. Software Business Analysts can also look forward to large paychecks in cities like San Francisco (+19 percent), New York (+16 percent), Charlotte (+11 percent), and Austin (+9 percent). Falling short of the national average by 18 percent, the area with the worst salaries is Houston. Two other places where employers offer below-median salaries are Indianapolis (15 percent less) and Seattle (9 percent less).

Related Job Salaries

Key Stats for Business Analyst, Software

Gender

Female
47 %
Male
53 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 94 votes.
Less than 1 year
8%
1-4 years
55%
5-9 years
20%
10-19 years
13%
20 years or more
4%

Experience Affects Business Analyst, Software Salaries

▲22%

▲13%

▲7%

National Average
$66,000

▼7%

Skills That Affect Business Analyst, Software Salaries

Agile Software Development
▲16%

Implementation Analyst
▲12%

Product Management
▲9%

Microsoft Visio
▲9%


Salesforce
▲3%

Business Analysis
▲2%

Requirements Analysis
▲1%


National Average
$66,000


SQL
▼4%

Microsoft Word
▼6%


Microsoft SQL Server
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 94 votes.

Gender

Female
47 %
Male
53 %

Years of Experience

Less than 1 year
8%
1-4 years
55%
5-9 years
20%
10-19 years
13%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 76%
vision benefits
Vision: 67%
no benefits
None: 11%