Business Analyst Salary in United States during 2024

Salary details

The average Business Analyst salary lies between USD 84,600 and USD 155,000 in the United States. It represents the overall compensation/gross salary amount for the working year (before deductions like social security, taxes and other contributions), not including equity/stock options or similar benefits.

Region represents the primary country of residence of an employee during the year (or residence for tax purposes). All data shown are full-time equivalent (FTE) salaries. Part-time salary information has been extrapolated to its FTE value.

Last updated: Nov. 17, 2024

Top 20 Job Tags for Business Analyst roles

The three most common job tag items assiciated with Business Analyst job listings are Compliance, Agile and Cloud. Below you find a list of the 20 most occuring job tags in 2024 and the number of open jobs that where associated with them during that period:

Compliance | 56 jobs Agile | 46 jobs Cloud | 39 jobs Strategy | 36 jobs Governance | 35 jobs Analytics | 30 jobs Jira | 30 jobs Computer Science | 30 jobs Risk management | 27 jobs CISSP | 22 jobs Clearance | 21 jobs IAM | 21 jobs Scrum | 20 jobs NIST | 17 jobs C | 17 jobs Confluence | 17 jobs Audits | 16 jobs Azure | 15 jobs Privacy | 15 jobs Monitoring | 15 jobs

Top 20 Job Perks/Benefits for Business Analyst roles

The three most common job benefits and perks assiciated with Business Analyst job listings are Career development, Health care and Flex hours. Below you find a list of the 20 most occuring job perks or benefits in 2024 and the number of open jobs that where offering them during that period:

Career development | 61 jobs Health care | 41 jobs Flex hours | 29 jobs Competitive pay | 20 jobs Equity / stock options | 14 jobs Insurance | 14 jobs Conferences | 13 jobs 401(k) matching | 11 jobs Parental leave | 11 jobs Flex vacation | 11 jobs Startup environment | 10 jobs Team events | 8 jobs Medical leave | 8 jobs Wellness | 7 jobs Salary bonus | 6 jobs Transparency | 3 jobs Home office stipend | 2 jobs Unlimited paid time off | 2 jobs Flexible spending account | 2 jobs Travel | 1 jobs

Salary Composition

In the United States, the salary composition for a Business Analyst in InfoSec/Cyber Security typically includes a fixed base salary, performance bonuses, and additional remuneration such as stock options or profit-sharing. The fixed base salary often constitutes the majority of the total compensation package, ranging from 70% to 85%. Performance bonuses can vary significantly depending on the company and industry, often comprising 10% to 20% of the total salary. Additional remuneration, such as stock options or profit-sharing, is more common in larger companies or tech-focused industries and can make up 5% to 10% of the total compensation. Regional differences also play a role; for instance, salaries in tech hubs like San Francisco or New York City tend to be higher due to the cost of living and competitive job markets.

Increasing Salary

To increase your salary further from this position, consider pursuing advanced certifications or specialized training in emerging areas of cybersecurity, such as cloud security or AI-driven security solutions. Networking within the industry and attending relevant conferences can also open up opportunities for higher-paying roles. Additionally, gaining experience in leadership or project management can position you for roles with greater responsibility and higher pay. Seeking opportunities in larger companies or those in high-demand sectors, such as finance or healthcare, can also lead to salary increases.

Educational Requirements

Most Business Analyst roles in InfoSec/Cyber Security require at least a bachelor's degree in a related field, such as Information Technology, Computer Science, or Business Administration. Some positions may prefer candidates with a master's degree, particularly in Information Systems or Cybersecurity. A strong foundation in both business processes and technical aspects of cybersecurity is essential, as the role often involves bridging the gap between technical teams and business stakeholders.

Helpful Certifications

Several certifications can enhance your qualifications for a Business Analyst role in InfoSec/Cyber Security. The Certified Information Systems Security Professional (CISSP) is highly regarded and demonstrates a broad understanding of cybersecurity principles. The Certified Information Security Manager (CISM) is another valuable certification, particularly for those interested in management roles. Additionally, the Certified Business Analysis Professional (CBAP) can be beneficial for demonstrating expertise in business analysis specifically.

Required Experience

Typically, employers look for candidates with 3 to 5 years of experience in business analysis or a related field, with a focus on cybersecurity. Experience in conducting risk assessments, developing security policies, and working with cross-functional teams is often required. Familiarity with cybersecurity tools and technologies, as well as experience in specific industries such as finance or healthcare, can also be advantageous.

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