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How to hire a business analyst-product owner

Business analyst-product owner hiring summary. Here are some key points about hiring business analyst-product owners in the United States:

  • The median cost to hire a business analyst-product owner is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • HR departments typically allocate 15% of their budget towards recruitment efforts.
  • Small businesses spend $1,105 per business analyst-product owner on training each year, while large companies spend $658.
  • It takes approximately 12 weeks for a new employee to reach full productivity levels.
  • There are a total of 53,289 business analyst-product owners in the US, and there are currently 175,034 job openings in this field.
  • Tampa, FL, has the highest demand for business analyst-product owners, with 4 job openings.

How to hire a business analyst-product owner, step by step

To hire a business analyst-product owner, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a business analyst-product owner, you should follow these steps:

Here's a step-by-step business analyst-product owner 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-product owner job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new business analyst-product owner
  • Step 8: Go through the hiring process checklist

What does a business analyst-product owner do?

A business analyst-product owner is responsible for monitoring the product management procedures, ensuring that the services accurately reach the target audience on a wide range of platforms. Business analysts-product owners utilize their business expertise, discussing the product's conceptualization to final deliverables. They conduct multiple quality control processes, comply with internal guidelines and state regulations, and adhere to the budget limitations and deadlines. A business analyst-product owner coordinates with the clients and stakeholders to discuss product plans and their impact on the financial stability of the organization.

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

    Before you post your business analyst-product owner job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find a business analyst-product owner for hire on a part-time basis or as a contractor.

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

    You should also consider the ideal background you'd like them a business analyst-product owner to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a business analyst-product owner that fits the bill.

    This list presents business analyst-product owner salaries for various positions.

    Type of Business Analyst-Product OwnerDescriptionHourly rate
    Business Analyst-Product OwnerComputer systems analysts study an organization’s current computer systems and procedures and design information systems solutions to help the organization operate more efficiently and effectively. They bring business and information technology (IT) together by understanding the needs and limitations of both.$35-65
    Project Manager/AnalystThe 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
    Analyst LeadThe duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials... Show more$35-58
  2. Create an ideal candidate profile

    Common skills:
    • User Stories
    • Acceptance Criteria
    • Jira
    • Product Backlog
    • EPICS
    • Agile Scrum
    • Business Process
    • Business Analysis
    • Sprint Planning
    • Agile Methodology
    • Business Stakeholders
    • User Acceptance
    • Project Management
    • Data Analysis
    Check all skills
    Responsibilities:
    • Work on Siebel CRM to deliver transactional, analytical, and manage all customer-facing operations.
    • Lead enterprise level customer data mapping initiatives as well as ETL process development and data conversion/integration.
    • Create and facilitate UAT activities and collaborate with developers and QA team member to coordinate test plans.
    • Design mock ups for GUI and process flow using visio.
    • Generate functional documents require during requirements gathering phase of the SDLC life cycle.
    • Prepare wireframes/mocks of large stories or epics and present them to the engineering team.
    More business analyst-product owner duties
  3. Make a budget

    Including a salary range in your business analyst-product owner job description helps attract top candidates to the position. A business analyst-product owner salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a business analyst-product owner in Alaska may be lower than in Oregon, and an entry-level business analyst-product owner usually earns less than a senior-level business analyst-product owner. Additionally, a business analyst-product owner with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average business analyst-product owner salary

    $100,087yearly

    $48.12 hourly rate

    Entry-level business analyst-product owner salary
    $73,000 yearly salary
    Updated December 5, 2025

    Average business analyst-product owner salary by state

    RankStateAvg. salaryHourly rate
    1California$112,377$54
    2Oregon$106,623$51
    3New York$102,846$49
    4Virginia$101,079$49
    5North Carolina$100,930$49
    6District of Columbia$99,902$48
    7Maryland$98,979$48
    8Pennsylvania$98,819$48
    9Massachusetts$98,575$47
    10Ohio$96,732$47
    11Arizona$91,466$44
    12Missouri$88,579$43
    13Florida$87,321$42
    14Texas$86,696$42
    15Maine$86,119$41
    16Georgia$85,923$41
    17Minnesota$82,460$40
    18Wisconsin$82,338$40
    19Tennessee$82,071$39
    20Illinois$81,877$39

    Average business analyst-product owner salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1JPMorgan Chase & Co.$133,239$64.06574
    2Mayo Clinic$130,004$62.504
    3Hoffmann-LA Roche Inc$126,976$61.0513
    4Morgan Stanley$125,970$60.5619
    5State Street$123,542$59.4021
    6Exact Sciences$122,189$58.744
    7Columbia Sportswear$117,291$56.395
    8Amgen$116,236$55.887
    9Motion Recruitment$116,114$55.8216
    10Randstad North America, Inc.$114,804$55.1917
    11Q.E.D. Systems$113,852$54.7410
    12TSR Consulting Services$113,285$54.46
    13All in All$113,208$54.43
    14McKesson$113,117$54.3837
    15Robert Half$111,953$53.82141
    16Alight Solutions$111,479$53.60
    17Hired$111,116$53.42
    18Stanford Health Care$109,805$52.7913
    19MMIT$109,368$52.58
    20Cogent Communications$108,444$52.141
  4. Writing a business analyst-product owner job description

    A business analyst-product owner 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-product owner job description:

    Business analyst-product owner job description example

    Current is seeking a Product Owner to join our progressive and dynamic fast-paced enterprise and mobile applications team. These are exciting times - our industry and user expectations are changing and so are we! We are developing the next generation of world class Internet of Things (IoT) connected lighting and building automation controls and applications. This is a hands-on product owner/business analyst role that will directly contribute to the development of requirements in the form of epics and user stories of our cutting edge cloud-connected IoT applications and offerings with the latest tools. You will be part of our fast-growing innovative technology design center located in Round Rock, TX, a hi-tech hub north of Austin or Cleveland, Ohio.

    We are looking for a talented and creative problem solver. You will be involved in the complete software development life cycle, seeing your epics and user stories into a finished product in a hybrid agile environment. This will require a high degree of collaboration between highly-talented, cross-functional and geographically-dispersed development teams. You will work closely with industry-best product management team, developers and other design team members to present business and customer needs and help develop end-to-end solutions.
    Essential Functions

    Conduct voice of customers studies to understand and document user work flows and use cases.

    Develop Epics and detailed user stories and work closely with development team members to help develop end to end enterprise lighting solutions

    Be the bridge between development team members and the end customers, users and other stake holders

    Develop marketing collaterals like product specs, training documentation, user manual, user acceptance tests (UAT), etc.

    Assist with the preparation of wireframes and lead focus groups to validate concepts

    Attend all scrum meetings including backlog grooming, sprint planning, daily standup, sprint review to answer all requirement questions and provide feedback on development artifacts and applications.

    Perform UAT and support field trials.
  5. Post your job

    To find the right business analyst-product owner 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-product owners they would recommend.
    • Recruit at local colleges. Attend job fairs at local colleges to recruit business analyst-product owners 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-product owner job on Zippia to find and recruit business analyst-product owner candidates who meet your exact specifications.
    • Use field-specific websites such as dice, engineering.com, stack overflow, it job pro.
    • Post a job on free websites.
  6. Interview candidates

    During your first interview to recruit business analyst-product owners, 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.

    If your interviews with business analyst-product owner applicants aren't enough to make a decision, you should also consider including a test project. These are often the best, most straightforward, and least bias-prone ways of determining who will likely succeed in the role. If you don't know how to design an appropriate test, you can ask someone else on the team to create it or take a look at these websites to get a few ideas:

    • TestDome
    • CodeSignal
    • Testlify
    • BarRaiser
    • Coderbyte

    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-product owner

    Once you've selected the best business analyst-product owner 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 equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new business analyst-product owner. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  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-product owner?

Hiring a business analyst-product owner comes with both the one-time cost per hire and ongoing costs. The cost of recruiting business analyst-product owners involves promoting the job and spending time conducting interviews. Ongoing costs include employee salary, training, benefits, insurance, and equipment. It is essential to consider the cost of business analyst-product owner recruiting as well the ongoing costs of maintaining the new employee.

Business analyst-product owners earn a median yearly salary is $100,087 a year in the US. However, if you're looking to find business analyst-product owners for hire on a contract or per-project basis, hourly rates typically range between $35 and $65.

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