2018/19 Sydney IT Salaries Guide: Business Analysis Insights
As part of the release of our 2018/19 Sydney IT Salaries Guide, we’re putting the spotlight on different areas and roles within the industry; exploring remuneration, employee satisfaction and other key factors that drive Sydney’s IT professionals. In the latest part of our salary survey blog series, we provide some insight into Business Analysis.
Business Analyst roles are often seen as the logical counterpart to Project Management, however, our survey shows that this does not necessarily equate to the same rate of pay. Business Analyst salaries also came in significantly higher than the sector average, with a median salary of $110,000. However, while the contract and permanent split was similar to Project Management – if not a little more heavily weighted towards contractors – contract rates are significantly lower than Project Management roles.
This could be an indication that the market demand for Business Analysts leans more towards permanent roles, and those in contract roles could potentially benefit from considering permanent opportunities.
Interestingly, Business Analysts did emerge as slightly more satisfied than Project Managers across our four satisfaction measurements, despite having the same priorities and receiving the same key benefits and bonus incentives.
Looking for more? Business Analysis is just one part of the IT industry that we analysed in this year’s report. To see more Business Analysis insights, or any other areas of interest, download our Sydney IT Salaries Guide, here.