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How to hire a business analyst associate

Business analyst associate hiring summary. Here are some key points about hiring business analyst associates in the United States:

  • There are currently 183,954 business analyst associates in the US, as well as 129,806 job openings.
  • Business analyst associates are in the highest demand in New York, NY, with 27 current job openings.
  • The median cost to hire a business analyst associate is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new business analyst associate to become settled and show total productivity levels at work.

How to hire a business analyst associate, step by step

To hire a business analyst associate, consider the skills and experience you are looking for in a candidate, allocate a budget for the position, and post and promote the job opening to reach potential candidates. Follow these steps to hire a business analyst associate:

Here's a step-by-step business analyst associate hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a business analyst associate job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new business analyst associate
  • Step 8: Go through the hiring process checklist

What does a business analyst associate do?

A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.

Learn more about the specifics of what a business analyst associate does
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  1. Identify your hiring needs

    Before you start hiring a business analyst associate, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    Hiring the perfect business analyst associate also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

    This list shows salaries for various types of business analyst associates.

    Type of Business Analyst AssociateDescriptionHourly rate
    Business Analyst AssociateManagement analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.$25-42
    Program AnalystThe job of program analysts is to plan, manage, and evaluate a company's computer programs. They usually perform different tasks, including researching and analyzing complex data to identify trends and offer the best recommendations for improvements... Show more$25-50
    Staff AnalystStaff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have... Show more$34-65
  2. Create an ideal candidate profile

    Common skills:
    • Healthcare
    • Project Management
    • Business Processes
    • Scrum
    • Data Analysis
    • Strong Analytical
    • Process Improvement
    • SharePoint
    • Java
    • User Acceptance
    • Analyze Data
    • Jira
    • User Stories
    • Business Analysts
    Check all skills
    Responsibilities:
    • Lead backlog refinement sessions for the scrum team.
    • Utilize SDLC principles to define and manage the plan to deliver requirements throughout project life cycle.
    • Experience in interacting with QA, DEV and UAT to manage the project and initiate process changes.
    • Manage the pipeline of all business requirements in the JIRA tracking tool and assign them to applicable releases.
    • Create and manage functional requirement documents for in house development of software applications for healthcare providers and payers.
    • Ensure accurate data loads and confidential information into AOD databases and SharePoint sites.
    More business analyst associate duties
  3. Make a budget

    Including a salary range in your business analyst associate job description is one of the best ways to attract top talent. A business analyst associate can vary based on:

    • Location. For example, business analyst associates' average salary in nevada is 45% less than in new jersey.
    • Seniority. Entry-level business analyst associates 40% less than senior-level business analyst associates.
    • Certifications. A business analyst associate with certifications usually earns a higher salary.
    • Company. Working for an established firm or a new start-up company can make a big difference in a business analyst associate's salary.

    Average business analyst associate salary

    $68,806yearly

    $33.08 hourly rate

    Entry-level business analyst associate salary
    $53,000 yearly salary
    Updated December 5, 2025

    Average business analyst associate salary by state

    RankStateAvg. salaryHourly rate
    1New Jersey$93,918$45
    2New York$91,177$44
    3District of Columbia$87,334$42
    4Washington$79,274$38
    5Massachusetts$79,132$38
    6Connecticut$76,250$37
    7Virginia$73,550$35
    8Delaware$73,305$35
    9North Carolina$71,547$34
    10Colorado$70,428$34
    11Illinois$69,588$33
    12California$69,404$33
    13Texas$67,315$32
    14Georgia$67,279$32
    15Arizona$64,845$31
    16Ohio$64,813$31
    17Minnesota$64,758$31
    18Missouri$63,810$31
    19Florida$61,105$29
    20Utah$53,525$26

    Average business analyst associate salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Edelman Financial Engines$106,979$51.43
    2MUFG EMEA$106,810$51.35
    3Sumitomo Mitsui Financial Group$105,998$50.962
    4Nomura Securities$105,479$50.7114
    5BNP Paribas$105,434$50.691
    6J.P. Morgan$104,567$50.27
    7Deutsche Bank$103,150$49.5911
    8TD Ameritrade$102,560$49.31
    9Credit Suisse$98,935$47.56
    10AstraZeneca$97,328$46.7924
    11Biogen$97,158$46.712
    12Pacifi$96,885$46.58
    13Jefferies$94,563$45.464
    14ResMed$94,027$45.216
    15State Street$93,227$44.8221
    16Moody's$92,127$44.291
    17Goldman Sachs$92,116$44.2923
    18Yahoo$90,207$43.37
    19City National Bank$89,333$42.9597
    20Citi$88,085$42.3563
  4. Writing a business analyst associate job description

    A business analyst associate job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a business analyst associate job description:

    Business analyst associate job description example

    Company Federal Reserve Bank of San FranciscoThis position is intended for SF Fed Summer Interns graduating in 2022 or 2023 Only!

    The Police Services Support Office of the Police Services Group within the Federal Reserve Bank of San Francisco is seeking an entry-level Associate Business Analyst to work in the Programs Support Team. Work assignments will vary and may include compliance, policies and procedures, multiple program administration and oversight, business continuity with PST, or helping or leading other projects with other teams within Police Services. The work may include research, data collection, data entry, data or trends analysis, and/or reporting, process improvement, change management, information management, policy or procedure documentation, and may include written communications and/or oral presentations to management and/or the broader team or Police Services.

    This position is intended for SF Fed Summer Interns graduating in 2022 or 2023 Only!

    FEDERAL RESERVE SYSTEM OVERVIEW

    • The Federal Reserve Bank's mission and work span over hundred years of strength, stability, and excellence. No other organization does what we do or has a greater impact on global economies. Our mission is to promote low inflation, full employment, financial stability, and provide services to financial institutions and the U.S. Treasury.

    FEDERAL RESERVE BANK OF SAN FRANCISCO OVERVIEW

    • The Federal Reserve Bank of San Francisco is one of Twelve Reserve Banks responsible for setting the nation's monetary policy, serving the as the fiscal agent for the United States Treasury and supervising banking institutions, ensuring their stability and compliance with banking regulations. Our headquarters are in San Francisco serving the largest geographic district within the Federal Reserve System. We have district branches in Los Angeles, Seattle, Salt Lake City, Phoenix, and Portland (OR).

    POLICE SERVICES GROUP OVERVIEW

    • Police Services' mission is to provide a safe and secure environment for its employees and tenants, while safeguarding the Federal Reserve Bank facilities, operations, and assets. Our Law Enforcement team is our visible team and primarily handles the physical security side of our mission. The Police Services Support Office (PSSO) has responsibilities for group financial and budget processes, staff communications, technology and automation, business continuity, training, compliance, and other administrative roles and programs. The District Business Continuity team focuses on operational resiliency of the Bank and broader emergency preparedness as an organization.
    • POSITION OVERVIEW

      + The PSSO is seeking an entry-level associate business analyst. The responsibilities will include research, data collection, entry and analysis, process improvement, change management, information management, program management, and work on a variety of projects and analytical assignments.

      + Applicants will be on projects and assignments that may require:

      + data collection and consolidation to provide evaluations and recommendations;

      + report or business/project documentation creation;

      + data entry and manipulation;

      + compliance reviews;

      + policy or guidance development;

      + and possible training or reference guide development.

      + Applicants should have:

      + proficiency with Microsoft Office applications, particularly Word, Excel, and PowerPoint; and,

      + experience preferred collecting, transforming, analyzing, and reporting data.

      + Applicants will need to participate in up to large team meetings and may need to lead meetings or serve as a recorder to garner responses and data.

      + The Bank is currently in a hybrid work posture and the applicant will need to live within a commutable distance to one of our offices for potentially multiple workdays in the office each week. This is a full-time position, primarily working hours on weekdays during normal business hours with some flexibility of schedule to support work/life balance. Some meetings may occasionally need to be outside of normal working hours to best collaborate with our 24/7 operations teams.

    Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) No Job Category Information Technology Work Shift First (United States of America)

    The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

    Privacy Notice

  5. Post your job

    To find the right business analyst associate for your business, consider trying out a few different recruiting strategies:

    • Consider internal talent. One of the most important sources of talent for any company is its existing workforce.
    • Ask for referrals. Reach out to friends, family members, and current employees and ask if they know or have worked with business analyst associates they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit business analyst associates who meet your education requirements.
    • Social media platforms. LinkedIn, Facebook and Twitter now have more than 3.5 billion users, and you can use social media to reach potential job candidates.
    Post your job online:
    • Post your business analyst associate job on Zippia to find and recruit business analyst associate candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit business analyst associates, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

    It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new business analyst associate

    Once you've decided on a perfect business analyst associate candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    To prepare for the new business analyst associate first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a business analyst associate?

There are different types of costs for hiring business analyst associates. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new business analyst associate employee.

You can expect to pay around $68,806 per year for a business analyst associate, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business analyst associates in the US typically range between $25 and $42 an hour.

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