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Business services analyst hiring summary. Here are some key points about hiring business services analysts in the United States:
Here's a step-by-step business services analyst hiring guide:
As a business service analyst, they assist the Business Analyst manager in reviewing, analyzing, and evaluating business arrangements and user needs. It is also part of their role in organizing technical reports by gathering, analyzing, and summarizing important information and trends. They help in creating document requirements, define scope and goals, and formulate systems to align overall business strategies. They also determine operational objectives by learning business functions, collecting information, evaluating output requirements and formats. This job requires complex skills and knowledge in analysis, process improvement, Microsoft applications, and relationship building.
The business services analyst 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.
A business services analyst's background is also an important factor in determining whether they'll be a good fit for the position. For example, business services analysts 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 presents business services analyst salaries for various positions.
| Type of Business Services Analyst | Description | Hourly rate |
|---|---|---|
| Business Services 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. | $25-49 |
| 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 |
| 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 your business services analyst job description helps attract top candidates to the position. A business services 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 services analyst in Montana may be lower than in New York, and an entry-level business services analyst usually earns less than a senior-level business services analyst. Additionally, a business services 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 York | $93,853 | $45 |
| 2 | New Jersey | $90,531 | $44 |
| 3 | California | $89,632 | $43 |
| 4 | Washington | $82,684 | $40 |
| 5 | District of Columbia | $82,427 | $40 |
| 6 | Oregon | $80,084 | $39 |
| 7 | Massachusetts | $79,120 | $38 |
| 8 | Illinois | $78,392 | $38 |
| 9 | Texas | $76,312 | $37 |
| 10 | Connecticut | $75,171 | $36 |
| 11 | Arizona | $74,700 | $36 |
| 12 | Ohio | $74,451 | $36 |
| 13 | Tennessee | $73,392 | $35 |
| 14 | Maryland | $73,251 | $35 |
| 15 | Virginia | $71,516 | $34 |
| 16 | Colorado | $67,990 | $33 |
| 17 | North Carolina | $64,948 | $31 |
| 18 | Georgia | $63,846 | $31 |
| 19 | Indiana | $63,844 | $31 |
| 20 | Oklahoma | $63,676 | $31 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Apple | $115,485 | $55.52 | 28 |
| 2 | Cisco | $107,742 | $51.80 | 106 |
| 3 | AstraZeneca | $107,614 | $51.74 | 6 |
| 4 | BNY Mellon | $95,558 | $45.94 | 37 |
| 5 | Barclays | $95,381 | $45.86 | |
| 6 | HSBC Bank | $94,381 | $45.38 | 8 |
| 7 | Amazon | $93,658 | $45.03 | 164 |
| 8 | Ernst & Young | $91,423 | $43.95 | 896 |
| 9 | AIG | $91,291 | $43.89 | 19 |
| 10 | UBS | $90,022 | $43.28 | 7 |
| 11 | Dresser-Rand Group | $89,900 | $43.22 | |
| 12 | Conagra Brands | $89,127 | $42.85 | 12 |
| 13 | Insight Enterprises | $89,100 | $42.84 | 15 |
| 14 | DXC Technology | $88,861 | $42.72 | 7 |
| 15 | BOK Financial | $87,976 | $42.30 | 70 |
| 16 | The Home Depot | $86,713 | $41.69 | 32 |
| 17 | Ericsson | $86,713 | $41.69 | |
| 18 | JPMorgan Chase & Co. | $86,712 | $41.69 | 391 |
| 19 | Motorola Solutions | $86,680 | $41.67 | 29 |
| 20 | Conduent | $86,569 | $41.62 | 7 |
A business services 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. Below, you can find an example of a business services analyst job description:
To find business services analysts for your business, try out a few different recruiting strategies:
To successfully recruit business services analysts, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
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 have selected a candidate for the business services analyst 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.
Once that's done, you can draft an onboarding schedule for the new business services analyst. 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.
There are different types of costs for hiring business services analysts. 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 services analyst employee.
You can expect to pay around $74,513 per year for a business services analyst, 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 services analysts in the US typically range between $25 and $49 an hour.