HOME BROWSE SALARIES BEST PAYING JOBS
Browse Salaries
Best Paying Jobs
Salary Increase Letters
Career Articles

Business Analyst Average Salary in Ireland 2020

How much money does a Business Analyst make in Ireland?


Average Yearly Salary
48,500 EUR
( 4,040 EUR monthly)

LOW
23,300
EUR
AVERAGE
48,500
EUR
HIGH
76,200
EUR

A person working as a Business Analyst in Ireland typically earns around 48,500 EUR per year. Salaries range from 23,300 EUR (lowest) to 76,200 EUR (highest).

This is the average yearly 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 Ireland

Median and salary distribution yearly Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/median-and-salary-distribution-yearly-ireland-business-analyst.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Business Analyst salaries in Ireland range from 23,300 EUR per year (minimum salary) to 76,200 EUR per year (maximum salary).

  • Median Salary

    The median salary is 50,400 EUR per year, which means that half (50%) of people working as Business Analyst(s) are earning less than 50,400 EUR while the other half are earning more than 50,400 EUR. 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 33,200 EUR while 75% of them are earning more than 33,200 EUR. Also from the diagram, 75% of Business Analyst(s) are earning less than 65,800 EUR while 25% are earning more than 65,800 EUR.


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 yearly Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/salary-comparison-by-years-of-experience-yearly-ireland-business-analyst.jpg

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 27,200 EUR per year.

While someone with an experience level between two and five years is expected to earn 38,600 EUR per year, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 50,800 EUR per year, 31% 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 62,400 EUR per year, 23% 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 66,400 EUR per year, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 72,700 EUR per year, 10% more than people with fifteen to twenty years of experience.


Business Analyst average salary change by experience in Ireland

0 - 2 Years
27,200 EUR
2 - 5 Years+42%
38,600 EUR
5 - 10 Years+31%
50,800 EUR
10 - 15 Years+23%
62,400 EUR
15 - 20 Years+6%
66,400 EUR
20+ Years+10%
72,700 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

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 yearly Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/salary-comparison-by-education-level-yearly-ireland-business-analyst.jpg

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 33,900 EUR per year.

While someone with a Certificate or Diploma gets a salary of 39,100 EUR per year, 16% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 57,100 EUR per year, 46% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 70,300 EUR per year, 23% more than someone with Bachelor's Degree.


Business Analyst average salary difference by education level in Ireland

High School
33,900 EUR
Certificate or Diploma+16%
39,100 EUR
Bachelor's Degree+46%
57,100 EUR
Master's Degree+23%
70,300 EUR
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 Ireland costs anywhere from 16,000 Euro(s) to 48,100 Euro(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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Business Analyst Salary Comparison By Gender

Salary comparison by gender yearly Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/salary-comparison-by-gender-yearly-ireland-business-analyst.jpg

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 Ireland earn 5% more than their female counterparts on average.

Male
49,700 EUR
Female-4%
47,500 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Ireland for all Careers

Salary comparison by gender yearly Ireland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/salary-comparison-by-gender-yearly-ireland.jpg

Business Analyst Average Annual Salary Increment Percentage in Ireland

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

Business Analyst

Business Analyst(s) in Ireland are likely to observe a salary increase of approximately 14% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

Annual Salary Increment Rate Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/annual-salary-increment-rate-ireland-business-analyst.jpg


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.

Ireland / 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 Ireland is 7%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Ireland 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

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Business Analyst Bonus and Incentive Rates in Ireland

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Ireland Business Analyst
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/annual-salary-bonus-rate-ireland-business-analyst.jpg

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.

17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
83%
No Bonus
17%

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.

Business Analyst Average Hourly Wage in Ireland


23 EUR per hour

The average hourly wage (pay per hour) in Ireland is 23 EUR. This means that the average Business Analyst in Ireland earns approximately 23 EUR 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 yearly Ireland
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/ireland/business-planning/business-analyst/salary-comparison-between-business-analyst-and-business-planning-yearly-ireland.jpg

The average salary for Business Analyst is 19% more than that of Business Planning. Also, Business Planning salaries are 6% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager52,700 EUR+9%
Assistant Merchandise Planner30,100 EUR-38%
Business Advisor48,900 EUR+1%
Business Analyst48,500 EUR-0%
Business Consultant47,400 EUR-2%
Business Continuity Associate29,000 EUR-40%
Business Development Associate25,600 EUR-47%
Business Development Coordinator27,800 EUR-43%
Business Development Manager65,900 EUR+36%
Business Development Specialist45,200 EUR-7%
Business Operations Specialist46,300 EUR-5%
Business Process Writer27,600 EUR-43%
Capacity Planner34,300 EUR-29%
Capacity Planning Supervisor46,000 EUR-5%
Change Communications Analyst46,700 EUR-4%
Change Control Analyst47,900 EUR-1%
Contracts Executive47,100 EUR-3%
Corporate Strategy Analyst50,900 EUR+5%
Cost Control Engineer31,000 EUR-36%
Cost Estimator33,400 EUR-31%
Data Executive26,800 EUR-45%
Development Researcher36,400 EUR-25%
Due Diligence Analyst53,400 EUR+10%
Estimating Manager53,200 EUR+10%
General Manager58,000 EUR+20%
Incident Handler33,400 EUR-31%
Incident Specialist41,200 EUR-15%
Lean Consultant37,300 EUR-23%
Manager65,300 EUR+35%
Materials Planner21,600 EUR-55%
Merchandise Controller21,300 EUR-56%
Merchandise Planner21,600 EUR-55%
Operations Analyst44,600 EUR-8%
Operations Research Analyst30,100 EUR-38%
Planning and Reporting Manager51,300 EUR+6%
Planning Director64,900 EUR+34%
Project Administrator30,700 EUR-37%
Project Manager51,500 EUR+6%
Project Planner31,600 EUR-35%
Research Assistant27,500 EUR-43%
Research Engineer32,100 EUR-34%
Research Officer24,300 EUR-50%
Risk Management Specialist45,800 EUR-6%
Scholarship Coordinator25,600 EUR-47%
Store Planner22,900 EUR-53%
Strategy Director69,000 EUR+42%
Top Research and Development Executive74,400 EUR+53%

Salary Comparison By City

CityAverage Salary
Cork51,700 EUR
Dublin52,500 EUR
Galway48,300 EUR
Limerick47,800 EUR
Waterford44,000 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Ireland earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
37,600 EUR
Public Sector+5%
39,300 EUR
Percentage increase and decrease are relative to the previous value

Browse Salaries

Salary Increase Letters

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2020