Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
Junior business analyst hiring summary. Here are some key points about hiring junior business analysts in the United States:
Here's a step-by-step junior business analyst hiring guide:
Junior business analysts work with senior business analysts and project teams to ensure the applications or products in development comply with end-user needs. Their primary responsibility is data analysis, in which they report the findings to the senior business analysts as well as the developers. Other duties and responsibilities include analyzing the impact of projects on business outcomes, collecting systems information, and giving feedback to developers who work on the deliverables. Junior business analysts are also expected to contribute to the development of test scripts and test plans.
Before you start hiring a junior business 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 junior business 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 junior business analyst that fits the bill.
This list shows salaries for various types of junior business analysts.
Type Of Junior Business Analyst | Description | Hourly Rate |
---|---|---|
Junior Business 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. | $25-42 |
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 |
Data Analyst | Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources... Show More | $25-49 |
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | Washington | $84,871 | $41 |
2 | New Jersey | $77,173 | $37 |
3 | Connecticut | $76,822 | $37 |
4 | California | $76,552 | $37 |
5 | New York | $76,402 | $37 |
6 | Minnesota | $74,890 | $36 |
7 | District of Columbia | $74,872 | $36 |
8 | Colorado | $73,198 | $35 |
9 | Georgia | $73,087 | $35 |
10 | Massachusetts | $73,061 | $35 |
11 | Maryland | $72,437 | $35 |
12 | Virginia | $69,505 | $33 |
13 | North Carolina | $68,305 | $33 |
14 | Illinois | $67,828 | $33 |
15 | Tennessee | $66,901 | $32 |
16 | Texas | $66,247 | $32 |
17 | Arizona | $66,054 | $32 |
18 | South Dakota | $63,914 | $31 |
19 | Ohio | $62,928 | $30 |
20 | Alabama | $62,882 | $30 |
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | AIG | $90,901 | $43.70 | 15 |
2 | AllianceBernstein | $85,586 | $41.15 | 6 |
3 | UBS | $83,125 | $39.96 | 16 |
4 | Pluralsight | $77,518 | $37.27 | |
5 | Grandbridge Real Estate Capital | $76,564 | $36.81 | 127 |
6 | Milliman | $76,392 | $36.73 | 4 |
7 | WRMA Incorporated | $76,339 | $36.70 | |
8 | Bank Hapoalim | $75,890 | $36.49 | |
9 | Pinnacle Home Care | $75,747 | $36.42 | |
10 | Ralph Lauren | $75,613 | $36.35 | 3 |
11 | Koch Industries | $75,169 | $36.14 | |
12 | Orion Systems Integrators | $74,815 | $35.97 | |
13 | Synechron | $74,269 | $35.71 | 10 |
14 | Sentinel | $74,069 | $35.61 | 6 |
15 | Capgemini | $74,056 | $35.60 | 114 |
16 | Chubb | $73,713 | $35.44 | 56 |
17 | Dovel Technologies | $73,591 | $35.38 | |
18 | Infogain | $73,501 | $35.34 | |
19 | OneAmerica | $73,035 | $35.11 | |
20 | SideCars | $72,965 | $35.08 | 2 |
A junior business 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 junior business analyst job description:
To find junior business analysts for your business, try out a few different recruiting strategies:
Your first interview with junior business 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.
You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete 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 junior business 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.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
Once that's done, you can draft an onboarding schedule for the new junior business 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.
Before you start to hire junior business analysts, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire junior business analysts pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $69,642 per year for a junior business 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 junior business analysts in the US typically range between $25 and $42 an hour.