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Business Analyst Average Salary in Argentina 2020

How much money does a Business Analyst make in Argentina?


Average Monthly Salary
55,800 ARS
( 669,000 ARS yearly)

LOW
27,900
ARS
AVERAGE
55,800
ARS
HIGH
86,500
ARS

A person working as a Business Analyst in Argentina typically earns around 55,800 ARS per month. Salaries range from 27,900 ARS (lowest) to 86,500 ARS (highest).

This is the average monthly salary including housing, transport, and other benefits. Business Analyst salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Business Analyst Salary Distribution in Argentina

Median and salary distribution monthly Argentina Business Analyst
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The median, the maximum, the minimum, and the range

  • Salary Range

    Business Analyst salaries in Argentina range from 27,900 ARS per month (minimum salary) to 86,500 ARS per month (maximum salary).

  • Median Salary

    The median salary is 55,800 ARS per month, which means that half (50%) of people working as Business Analyst(s) are earning less than 55,800 ARS while the other half are earning more than 55,800 ARS. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Business Analyst(s) are earning less than 37,600 ARS while 75% of them are earning more than 37,600 ARS. Also from the diagram, 75% of Business Analyst(s) are earning less than 71,100 ARS while 25% are earning more than 71,100 ARS.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Business Analyst Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Argentina Business Analyst
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Business Analyst salaries by experience level and this is what we found.

A Business Analyst with less than two years of experience makes approximately 33,500 ARS per month.

While someone with an experience level between two and five years is expected to earn 44,300 ARS per month, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 59,200 ARS per month, 34% more 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 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Business Analyst(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 70,600 ARS per month, 19% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 76,200 ARS per month, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 81,800 ARS per month, 7% more than people with fifteen to twenty years of experience.


Business Analyst average salary change by experience in Argentina

0 - 2 Years
33,500 ARS
2 - 5 Years+32%
44,300 ARS
5 - 10 Years+34%
59,200 ARS
10 - 15 Years+19%
70,600 ARS
15 - 20 Years+8%
76,200 ARS
20+ Years+7%
81,800 ARS
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Business Analyst Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Business Analyst(s) who have the same experience but different education levels.

Salary comparison by education level monthly Argentina Business Analyst
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Business Analyst salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Business Analyst is 41,900 ARS per month.

While someone with a Certificate or Diploma gets a salary of 47,800 ARS per month, 14% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 64,800 ARS per month, 36% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 81,800 ARS per month, 26% more than someone with Bachelor's Degree.


Business Analyst average salary difference by education level in Argentina

High School
41,900 ARS
Certificate or Diploma+14%
47,800 ARS
Bachelor's Degree+36%
64,800 ARS
Master's Degree+26%
81,800 ARS
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Argentina costs anywhere from 226,000 Argentine Peso(s) to 678,000 Argentine Peso(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Business Analyst Salary Comparison By Gender

Salary comparison by gender monthly Argentina Business Analyst
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Business Analyst employees in Argentina earn 6% more than their female counterparts on average.

Female
54,100 ARS
Male+6%
57,200 ARS
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Argentina for all Careers

Salary comparison by gender monthly Argentina
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Business Analyst Average Annual Salary Increment Percentage in Argentina

How much are annual salary increments in Argentina for Business Analyst(s)? How often do employees get salary raises?

Business Analyst

Business Analyst(s) in Argentina are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Argentina Business Analyst
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Argentina / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Argentina is 6%.

Annual Increment Rate By Industry 2019

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Argentina for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Business Analyst Bonus and Incentive Rates in Argentina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Argentina Business Analyst
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A Business Analyst is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

21% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 79% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.

Received Bonus
79%
No Bonus
21%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Argentina
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Where can you get paid more, working for a private company or for the government? Public sector employees in Argentina earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
43,600 ARS
Public Sector+7%
46,400 ARS
Percentage increase and decrease are relative to the previous value

Business Analyst Average Hourly Wage in Argentina


320 ARS per hour

The average hourly wage (pay per hour) in Argentina is 320 ARS. This means that the average Business Analyst in Argentina earns approximately 320 ARS for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Business Analyst VS Other Jobs

Salary Comparison Between Business Analyst and Business Planning monthly Argentina
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The average salary for Business Analyst is 17% more than that of Business Planning. Also, Business Planning salaries are 5% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager61,700 ARS+11%
Assistant Merchandise Planner36,000 ARS-35%
Business Advisor55,900 ARS+0%
Business Analyst55,800 ARS+0%
Business Consultant54,900 ARS-2%
Business Continuity Associate34,700 ARS-38%
Business Development Associate28,900 ARS-48%
Business Development Coordinator33,500 ARS-40%
Business Development Manager76,400 ARS+37%
Business Development Specialist56,500 ARS+1%
Business Operations Specialist57,000 ARS+2%
Business Process Writer33,600 ARS-40%
Capacity Planner40,200 ARS-28%
Capacity Planning Supervisor54,300 ARS-3%
Change Communications Analyst55,200 ARS-1%
Change Control Analyst51,500 ARS-8%
Contracts Executive54,900 ARS-2%
Corporate Strategy Analyst56,600 ARS+1%
Cost Control Engineer37,500 ARS-33%
Cost Estimator37,800 ARS-32%
Data Executive30,700 ARS-45%
Development Researcher41,600 ARS-25%
Due Diligence Analyst59,400 ARS+6%
Estimating Manager63,000 ARS+13%
General Manager69,300 ARS+24%
Incident Handler38,700 ARS-31%
Incident Specialist48,000 ARS-14%
Lean Consultant42,500 ARS-24%
Manager73,200 ARS+31%
Materials Planner25,700 ARS-54%
Merchandise Controller24,700 ARS-56%
Merchandise Planner26,000 ARS-53%
Operations Analyst49,900 ARS-11%
Operations Research Analyst34,300 ARS-39%
Planning and Reporting Manager63,000 ARS+13%
Planning Director78,300 ARS+40%
Project Administrator36,700 ARS-34%
Project Manager56,500 ARS+1%
Project Planner34,900 ARS-37%
Research Assistant30,600 ARS-45%
Research Engineer34,600 ARS-38%
Research Officer29,800 ARS-47%
Risk Management Specialist55,400 ARS-1%
Scholarship Coordinator29,600 ARS-47%
Store Planner28,300 ARS-49%
Strategy Director77,200 ARS+38%
Top Research and Development Executive83,700 ARS+50%

Salary Comparison By City

CityAverage Salary
Avellaneda54,600 ARS
Bahia Blanca59,900 ARS
Buenos Aires61,000 ARS
Cordoba62,400 ARS
Corrientes56,800 ARS
La Plata60,900 ARS
Lanus54,800 ARS
Mar del Plata64,100 ARS
Mendoza57,200 ARS
Neuquen56,700 ARS
Quilmes53,600 ARS
Resistencia56,100 ARS
Rosario63,800 ARS
Salta58,700 ARS
San Juan55,900 ARS
San Miguel de Tucuman61,600 ARS
Santa Fe60,000 ARS
Santiago del Estero59,100 ARS
6500 - 1

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