Business Analyst Salary Illinois
Business Analyst Salary Illinois – Business analysts are one of the best jobs in America for recent college graduates. Additionally, a significant number of people out of college work as business analysts in every state in the union — not all of them are concentrated in California or the South.
Because business analysts are such a niche profession, we wanted to see where business analysts do it best: where there are plenty of jobs to go around, and where people get paid at every stage of their career. Which they deserve.
Business Analyst Salary Illinois
To that end, we scoured data from the BLS to find out which states have the best opportunities for business analysts. After crunching all the numbers, we’re left with this list of the best for business analysts in America:
Salesforce Salary Trends Overview 2017 2020
So there you have it — Virginia is the best of the best when it comes to being a business analyst
How did it end up here and does it really deserve this rating? Read on to see how we did our research for more information on the best states for business analysts and the top ten states.
Here, we talk to many people from all different backgrounds looking for jobs. Our research has concluded that there are two general things people want in a job:
So to find out the best states for business analysts in the US we needed to find out where the jobs are and how well business analysts pay. This led to the following criteria taken from the Bureau of Labor Statistics’ Occupational Employment Statistics for 2015:
Can A Senior Business Analyst Make 100k?
To make the salary data more apples-to-apples across all states, we compared the salary data to the state’s cost of living.
Applying this standardization allows us to account for the fact that some states cost more to live in. For example, the average salary for business analysts in California is $96,550 and the average salary in Oregon is $83,780, but the salary in Illinois actually goes up to pay for the essentials of life.
For development and overall ranking, we ranked each state from 1 to 50 for each criterion with 1 being the best.
We then averaged all state rankings in employment scores to determine the state with the lowest overall employment score that earned the title of best state in America for business analysts.
What Is A Business Analytics Master’s Degree: 5 Things To Know
Total Jobs: 45,960 Average Annual Salary: $102,810 Average Entry Level Salary: $55,110 Average Experienced Salary: $159,020 Location Share: 2.8 2. Georgia
Total Jobs: 24,750 Average Annual Salary: $92,790 Average Grade Salary: $43,770 Average Veteran Salary: $152,190 Location Share: 1.35 3. Washington
Total Jobs: 16,040 Average Annual Salary: $102,000 Average Grade Salary: $53,380 Average Experienced Salary: $161,250 Location Share: 1.21 4. Texas
Total Jobs: 36,090 Average Annual Salary: $96,030 Average Grade Salary: $48,420 Average Experienced Salary: $155,260 Location Share: 0.7 5. Illinois
What Does A Data Analyst Do? (ultimate Guide)
Total Jobs: 28,510 Average Annual Salary: $91,380 Average Grade Salary: $44,450 Average Veteran Salary: $150,880 Location Share: 1.09 6. Michigan
Total Jobs: 13,970 Average Annual Salary: $86,780 Average Grade Salary: $47,510 Average Veteran Salary: $136,780 Location Share: 0.76 7. North Carolina
Total Jobs: 14,430 Average Annual Salary: $88,880 Average Grade Salary: $43,420 Average Veteran Salary: $146,860 Location Share: 0.79 8. Alabama
Total Jobs: 4,380 Average Annual Salary: $91,020 Average Grade Salary: $44,590 Average Experienced Salary: $146,270 Location Share: 0.52 9. Colorado
Salary Needed To Live Comfortably In The 25 Largest Metro Areas
Total Jobs: 8,430 Average Annual Salary: $92,070 Average Entry-Level Salary: $48,420 Average Experienced Salary: $156,280 Location Share: 0.77 10. Kansas
Total Jobs: 3,580 Average Annual Salary: $83,680 Average Grade Salary: $44,120 Average Experienced Salary: $137,420 Position Share: 0.59 You have if you want to start your career as a business owner. are These are the states that should be at the top of your list. You will get high salary, available jobs, and career advancement opportunities. In case you’re curious, here are the worst states to become a business analyst in the US:
About is a career expert site, where recent college graduates can study the paths of previous graduates to find out what career paths they want to take. Career job data can be found at https:///colleges-and-majors/ A person working as a banking business analyst in the United States typically earns around 107,000 USD per year. Salaries range from 50,400 USD (lowest) to 169,000 USD (highest).
This is the average annual salary which includes accommodation, transport and other benefits. Banking business analyst salaries vary widely based on experience, skills, gender, or location. Below you will find a detailed breakdown based on several different criteria.
Masters In Information Technology Salary: Key Facts
Both are indicators. If your salary is both average and above average, you are doing very well. If your salary is lower than both, many people are earning more than you and there is plenty of room for improvement. If your salary is between the average and median, things can get a little complicated. We wrote a guide to explain all about the various scenarios. How to compare your salary
25 Easy Tips to Save Money ($15000+ in Savings!) 10 Annoying Office Habits We’re All Over 40 Careers That Are Always In Demand 9 Hobbies That Can Make a Great Career 8 Essential CV Tips That Will Make a Big Difference
Experience level is the most important factor in determining salary. Naturally, the more years of experience, the higher your salary. We broke down banking business analyst salaries by experience level and here’s what we found.
While someone with between two and five years of experience is expected to earn 80,100 USD per year, which is 38% higher than someone with less than two years of experience.
What Does A Business Data Analyst Do? 2022 Career Guide
Moving forward, an experience level between five and ten years commands an annual salary of 114,000 USD, which is 42% higher than someone with two to five years of experience.
On average, a person’s salary doubles their starting salary by the time they cross the 10-year* experience mark. “
Additionally, banking business analyst(s) with anywhere between ten and fifteen years of experience earn a salary equivalent to USD 139,000 per year, which is 22% higher than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, the expected salary is 147,000 USD per year, which is 6% higher than someone with ten to fifteen years of experience.
Information Security Analyst Career Outlook And Salary Guide
Finally, employees with more than twenty years of professional experience earn an annual salary of 160,000 USD, which is 9% higher than those with fifteen to twenty years of experience.
25 Salary Increase Request Email Templates With Proven Results 43 Careers That Pay Women More Than Men 6 Easy Ways For Anyone To Earn Extra Income How To Write The Perfect Resume (Complete Guide) 8 Exciting Careers For These People For those who love to travel.
Banking Business Analyst Salary Comparison by Education How does education level affect salaries? Shown below is the average salary gap between various banking business analysts with similar experience but different education levels.
We all know that a higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down banking business analyst salaries by education level to compare.
Fifth Third Bancorp Creates 100 New Tech Jobs, Salary Packages Worth More Than $100,000 Each
When the education level is a bachelor’s degree, the average salary of a banking business analyst is 80, 100 USD per year.
While a master’s degree holder gets a salary of 147,000 USD per year, which is 83% higher than a bachelor’s degree holder.
A Master’s degree program or any postgraduate program in the United States costs anywhere from 39, 500 US Dollar(s) to 118, 000 US Dollar(s) and lasts for about two years. This is quite an investment.
Assuming you already have a job, you can’t really expect a pay rise during the study period. In most cases, salary is reviewed after completion of education and obtaining a degree.
Mechanical Engineer Salary Illinois
Many people pursue higher education as a tactic to get higher education in order to transition into a higher paying job. The numbers seem to support the theory. The average increase in compensation when changing jobs is about 10% higher than the usual salary increase.
If you can afford higher education, the return on investment is definitely worth it. You should be able to recoup the expenses in about a year or so.
While gender shouldn’t affect pay, in fact, it does. So who gets paid more: men or women? Male banking business analyst employees in the United States earn an average of 6% more than their female counterparts.
Percentage of annual salary increases for Banking Business Analysts in United States What is the annual salary increase for Banking Business Analysts in United States? How often do employees get salary increases? Banking Business Analyst
Data Analyst Salary Map 2021: How Does Your State Compare?
Banking business analysts in the United States are expected to see salary growth of about 12% every 15 months. National average annual growth for all
Rbc business analyst salary, financial business analyst salary, jr business analyst salary, kpmg business analyst salary, salary of business analyst, business analyst salary payscale, business systems analyst salary, cgi business analyst salary, wayfair business analyst salary, business reporting analyst salary, business analyst salary, business analyst i salary
