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Business analyst/technical lead hiring summary. Here are some key points about hiring business analyst/technical leads in the United States:
Here's a step-by-step business analyst/technical lead hiring guide:
A business analyst/technical lead develops strategies for business growth through extensive research and analyses. They also create plans to optimize the company's technical operations, gather and analyze data from different departments, conduct risk assessments, produce sales models and forecasts, and craft contingency plans. In some companies, they are also in charge of managing and supervising staff, establishing timelines and guidelines, and monitoring operations to swiftly resolve issues and concerns. Moreover, a business analyst/technical lead helps companies make decisions through their research findings.
The business analyst/technical lead hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
Hiring the perfect business analyst/technical lead 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.
The following list breaks down different types of business analyst/technical leads and their corresponding salaries.
| Type of Business Analyst/Technical Lead | Description | Hourly rate |
|---|---|---|
| Business Analyst/Technical Lead | Computer 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. | $41-70 |
| Lead System Analyst | A lead system analyst is someone who designs and analyzes existing systems used in a company. The person getting this position is tasked with reviewing all existing business processes, providing suggestions for improvements, and requesting upgrades... Show more | $39-65 |
| Technical System Analyst | Technical Systems Analysts are employees who are adept in information technology (IT). They work in the IT department, where they oversee the different networks and systems that exist in the company... Show more | $30-50 |
Including a salary range in the business analyst/technical lead job description is a good way to get more applicants. A business analyst/technical lead 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/technical lead in Indiana may be lower than in California, and an entry-level engineer typically earns less than a senior-level business analyst/technical lead. Additionally, a business analyst/technical lead with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $138,855 | $67 |
| 2 | New Jersey | $119,437 | $57 |
| 3 | New York | $117,440 | $56 |
| 4 | Minnesota | $109,960 | $53 |
| 5 | Massachusetts | $109,726 | $53 |
| 6 | Texas | $109,324 | $53 |
| 7 | Maryland | $109,135 | $52 |
| 8 | Illinois | $108,908 | $52 |
| 9 | District of Columbia | $107,894 | $52 |
| 10 | North Carolina | $106,914 | $51 |
| 11 | Virginia | $104,477 | $50 |
| 12 | Ohio | $103,848 | $50 |
| 13 | Florida | $103,597 | $50 |
| 14 | Arkansas | $99,121 | $48 |
| 15 | Michigan | $98,101 | $47 |
| 16 | Georgia | $93,084 | $45 |
| 17 | Iowa | $92,790 | $45 |
| 18 | Colorado | $91,294 | $44 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Lifetime | $155,951 | $74.98 | |
| 2 | Citi | $138,800 | $66.73 | 79 |
| 3 | Barclays | $133,695 | $64.28 | 1 |
| 4 | Mattel | $129,470 | $62.25 | |
| 5 | MUFG EMEA | $129,063 | $62.05 | |
| 6 | Tesoro | $125,795 | $60.48 | |
| 7 | Oshkosh | $125,482 | $60.33 | 27 |
| 8 | BioMarin | $120,509 | $57.94 | 3 |
| 9 | Energy Transfer | $117,606 | $56.54 | 12 |
| 10 | Teladoc | $115,995 | $55.77 | |
| 11 | Randstad North America, Inc. | $113,760 | $54.69 | 19 |
| 12 | Tyson Foods | $113,584 | $54.61 | 5 |
| 13 | iCrossing | $112,507 | $54.09 | |
| 14 | CoStar Group | $112,456 | $54.07 | 26 |
| 15 | Domino's Pizza | $112,228 | $53.96 | 13 |
| 16 | Flagstar Bank | $110,996 | $53.36 | 5 |
| 17 | VIVA USA | $110,928 | $53.33 | |
| 18 | Trafigura | $110,895 | $53.31 | |
| 19 | MSP | $110,142 | $52.95 | 2 |
| 20 | Kellogg | $109,594 | $52.69 |
A job description for a business analyst/technical lead 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/technical lead job description:
There are various strategies that you can use to find the right business analyst/technical lead for your business:
Your first interview with business analyst/technical lead candidates should focus on their interest in the role and background experience. As the hiring process goes on, you can learn more about how they'd fit into the company culture in later rounds of interviews.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
While interviews are great, you will only sometimes learn enough from a conversation with a business analyst/technical lead applicant. In those cases, having candidates complete a test project can go a long way in figuring out who's the most likely to succeed in the role. If you aren't a technical person and 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:
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you have selected a candidate for the business analyst/technical lead position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize 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 employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring business analyst/technical leads. 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/technical lead employee.
You can expect to pay around $112,337 per year for a business analyst/technical lead, 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/technical leads in the US typically range between $41 and $70 an hour.