Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Business analyst/manager hiring summary. Here are some key points about hiring business analyst/managers in the United States:
Here's a step-by-step business analyst/manager hiring guide:
A business analyst manager is responsible for developing efficient project management procedures, cost-reduction techniques, and strategizing processes to maximize productivity and achieve high-quality deliverables. Business analyst managers evaluate the clients' specifications and requirements, including their budget limitations and timetables. They also monitor the staff's performance, resolve schedule complications, and identify business opportunities to generate revenue resources and increase profitability. A business analyst manager coordinates with clients for progress updates and informs them of any adjustments as needed.
First, determine the employments status of the business analyst/manager you need to hire. Certain business analyst/manager roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
A business analyst/manager's background is also an important factor in determining whether they'll be a good fit for the position. For example, business analyst/managers from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
This list shows salaries for various types of business analyst/managers.
| Type of Business Analyst/Manager | Description | Hourly rate |
|---|---|---|
| Business Analyst/Manager | Management 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. | $41-75 |
| Project Manager/Analyst | The primary job of project managers/analysts is to manage and develop new projects. They have varied duties and responsibilities, which include giving analytical support for projects, assisting in budget and financial analysis, and analyzing market trends, statistical data, and regulations relevant to the projects... Show more | $34-66 |
| Staff Analyst | Staff 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 |
Including a salary range in the business analyst/manager job description is a good way to get more applicants. A business analyst/manager salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a business analyst/manager in Mississippi may be lower than in Maryland, and an entry-level engineer typically earns less than a senior-level business analyst/manager. Additionally, a business analyst/manager with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Maryland | $136,205 | $65 |
| 2 | Massachusetts | $134,726 | $65 |
| 3 | New Jersey | $133,902 | $64 |
| 4 | New York | $133,006 | $64 |
| 5 | Washington | $130,181 | $63 |
| 6 | California | $128,318 | $62 |
| 7 | Oklahoma | $120,404 | $58 |
| 8 | Delaware | $119,468 | $57 |
| 9 | Ohio | $118,302 | $57 |
| 10 | Georgia | $117,580 | $57 |
| 11 | Connecticut | $116,575 | $56 |
| 12 | North Carolina | $115,472 | $56 |
| 13 | South Carolina | $115,370 | $55 |
| 14 | Illinois | $115,055 | $55 |
| 15 | Virginia | $114,927 | $55 |
| 16 | Michigan | $111,705 | $54 |
| 17 | Minnesota | $109,956 | $53 |
| 18 | Texas | $109,703 | $53 |
| 19 | Oregon | $109,032 | $52 |
| 20 | Nevada | $109,026 | $52 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Zeta | $140,959 | $67.77 | |
| 2 | AstraZeneca | $139,729 | $67.18 | 7 |
| 3 | Ernst & Young | $133,132 | $64.01 | 1,361 |
| 4 | Sanofi US | $129,523 | $62.27 | 59 |
| 5 | J.P. Morgan | $129,391 | $62.21 | |
| 6 | Cisco | $128,041 | $61.56 | 37 |
| 7 | Capgemini | $126,026 | $60.59 | 239 |
| 8 | Avon Product | $125,825 | $60.49 | 1 |
| 9 | JPMorgan Chase & Co. | $125,539 | $60.36 | 438 |
| 10 | RSM US | $125,219 | $60.20 | 168 |
| 11 | Amd | $125,111 | $60.15 | 15 |
| 12 | Starbucks | $125,070 | $60.13 | 6 |
| 13 | Amgen | $125,061 | $60.13 | 10 |
| 14 | AIG | $124,948 | $60.07 | 16 |
| 15 | Yahoo | $124,477 | $59.84 | |
| 16 | Sandia National Labs | $124,058 | $59.64 | 3 |
| 17 | Microsoft | $122,835 | $59.06 | 154 |
| 18 | Morgan Stanley | $122,832 | $59.05 | 36 |
| 19 | Avanade | $122,359 | $58.83 | 1 |
| 20 | Accenture | $122,098 | $58.70 | 225 |
A job description for a business analyst/manager role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a business analyst/manager job description:
There are various strategies that you can use to find the right business analyst/manager for your business:
Recruiting business analyst/managers requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
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.
Once you've selected the best business analyst/manager candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.
It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.
To prepare for the new business analyst/manager 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.
There are different types of costs for hiring business analyst/managers. 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/manager employee.
You can expect to pay around $117,198 per year for a business analyst/manager, 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/managers in the US typically range between $41 and $75 an hour.