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Business/applications analyst hiring summary. Here are some key points about hiring business/applications analysts in the United States:
Here's a step-by-step business/applications analyst hiring guide:
A business applications analyst is responsible for designing system applications according to the clients' specifications and business requirements within budget limitations and timetables. Business application analysts evaluate the clients' needs and create programs through data analysis and statistical methods to promote brand image on various digital media platforms. They also coordinate with the clients and management for progress updates and informing them of any adjustments to improve features and navigations structures. A business application analyst must have excellent knowledge of the technology industry to translate data, as well as a strong command of the programming language and codes.
Before you start hiring a business/applications analyst, 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.
You should also consider the ideal background you'd like them a business/applications analyst 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/applications analyst that fits the bill.
Here's a comparison of business/applications analyst salaries for various roles:
| Type of Business/Applications Analyst | Description | Hourly rate |
|---|---|---|
| Business/Applications Analyst | 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. | $30-61 |
| Analyst | Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more | $25-47 |
| Program Analyst | The 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 |
Including a salary range in your business/applications analyst job description helps attract top candidates to the position. A business/applications analyst 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/applications analyst in Kansas may be lower than in New Jersey, and an entry-level business/applications analyst usually earns less than a senior-level business/applications analyst. Additionally, a business/applications analyst with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $119,413 | $57 |
| 2 | California | $111,197 | $53 |
| 3 | New York | $107,728 | $52 |
| 4 | Massachusetts | $104,988 | $50 |
| 5 | Virginia | $100,825 | $48 |
| 6 | Illinois | $99,447 | $48 |
| 7 | Texas | $98,232 | $47 |
| 8 | Ohio | $94,276 | $45 |
| 9 | Georgia | $93,952 | $45 |
| 10 | Nevada | $93,262 | $45 |
| 11 | Arizona | $90,409 | $43 |
| 12 | North Carolina | $88,310 | $42 |
| 13 | Florida | $86,479 | $42 |
| 14 | Colorado | $83,240 | $40 |
| 15 | Minnesota | $78,479 | $38 |
| 16 | Tennessee | $77,640 | $37 |
| 17 | Missouri | $76,972 | $37 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Apple | $117,734 | $56.60 | 40 |
| 2 | Yelp | $117,020 | $56.26 | |
| 3 | American Tower | $115,682 | $55.62 | |
| 4 | Western Digital | $113,936 | $54.78 | 8 |
| 5 | Beckman Coulter | $111,535 | $53.62 | |
| 6 | Wells Fargo | $106,631 | $51.26 | 86 |
| 7 | Invesco | $106,616 | $51.26 | 13 |
| 8 | San Antonio Water System | $106,491 | $51.20 | 1 |
| 9 | Schaeffler | $105,609 | $50.77 | 3 |
| 10 | TD Bank | $103,877 | $49.94 | 56 |
| 11 | Nutanix | $103,687 | $49.85 | 8 |
| 12 | Forest Laboratories | $103,606 | $49.81 | |
| 13 | Nextiva | $103,582 | $49.80 | |
| 14 | Illumina | $102,686 | $49.37 | 5 |
| 15 | Fresenius Kabi | $101,912 | $49.00 | 2 |
| 16 | SAP | $101,801 | $48.94 | 59 |
| 17 | Shure | $101,109 | $48.61 | |
| 18 | BB&T | $100,384 | $48.26 | |
| 19 | Cell Signaling Technology | $100,302 | $48.22 | |
| 20 | Reckitt Benckiser | $99,954 | $48.05 | 1 |
A business/applications analyst 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/applications analyst job description:
To find business/applications analysts for your business, try out a few different recruiting strategies:
Your first interview with business/applications analyst 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.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates 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 decided on a perfect business/applications analyst 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.
After that, you can create an onboarding schedule for a new business/applications analyst. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.
Hiring a business/applications analyst comes with both the one-time cost per hire and ongoing costs. The cost of recruiting business/applications analysts 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/applications analyst recruiting as well the ongoing costs of maintaining the new employee.
The median annual salary for business/applications analysts is $90,762 in the US. However, the cost of business/applications analyst hiring can vary a lot depending on location. Additionally, hiring a business/applications analyst for contract work or on a per-project basis typically costs between $30 and $61 an hour.