Business Analysts in California can expect an average annual raise of about 10%. The chart below displays the percentage of annual pay increases for major industries in the United States. In general, larger companies offer higher raises. Bonuses are also part of the compensation package. A good California salary will exceed eighty thousand dollars.
Business analysts in the biggest companies tend to earn more than their counterparts in smaller organizations. They are often paid eleven to twenty-seven percent more than their peers in small organizations. Starting salaries in these companies are often $50,000 per year or more. With additional experience and education, business analysts can earn more.
The average salary for a Business Analyst in California varies according to the level of experience. A Business Analyst with less than two years of experience can earn 71,700 USD. A Business Analyst with five to ten years of experience can earn up to 134,100 USD. The salary for this position may vary based on the level of education, location, and skill sets.
Business analysts in California are in high demand. The state boasts the largest economy in the U.S., and the fifth largest economy in the world. It has millions of businesses, making it a thriving state for business analysts. The state also has a low unemployment rate and looks set to continue expanding in the coming years.
In Los Angeles, the average business analyst salary is $140,900 a year. The average salary for a business analyst in California is 1% higher than the national average. Additionally, business analysts in the city report receiving an average of $3,345 in bonuses. The salary in Los Angeles is more than the national average for this occupation. You can expect to earn an additional $4,345 per year if you have additional skills and experience.
The size of the company also makes a difference in the salary. If the salary is high, you will likely be able to negotiate with the company to negotiate a higher salary. But the type of experience and education that you have will also affect your pay. The salary is higher for Senior Business Analysts.