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Business Analyst Average Salary in Ukraine 2024

How much money does a person working as Business Analyst make in Ukraine?


Average Monthly Salary
27,800 UAH
( 333,000 UAH yearly)

LOW
13,900
UAH
AVERAGE
27,800
UAH
HIGH
43,000
UAH
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Business Analyst in Ukraine typically earns around 27,800 UAH. Salaries range from 13,900 UAH (lowest) to 43,000 UAH (highest).


Salary Variance

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



Business Analyst Pay Scale and Salaries in Ukraine

Median and salary distribution Ukraine Business Analyst monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
25,600 UAH or more
10% of people earn
22,600 to 25,600 UAH
20% of people earn
16,200 UAH or less
65% of people earn
16,200 to 22,600 UAH
Minimum Salary
13,900 UAH
Median
25,700 UAH
Maximum
43,000 UAH




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Business Analyst in Ukraine range from 13,900 UAH (starting salary) to 43,000 UAH (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 25,700 UAH, half of the professionals who work as Business Analyst in Ukraine earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Business Analyst in Ukraine earn less than 21,100 UAH, while 75% earn more. Similarly, the chart shows that 75% earn less than 29,300 UAH while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Business Analyst in Ukraine compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,200 UAH to 22,600 UAH. About 20% of salaries are below the 16,200 UAH mark, while 10% fall within the range of 22,600 UAH to 25,600 UAH. Only 5% of individuals have salaries exceeding 25,600 UAH.

Salary Comparison by Years of Experience / Business Analyst / Ukraine

How do experience and age affect pay?

0 - 2 Years
16,700 UAH
2 - 5 Years+32%
22,100 UAH
5 - 10 Years+34%
29,500 UAH
10 - 15 Years+19%
35,200 UAH
15 - 20 Years+8%
37,900 UAH
20+ Years+7%
40,700 UAH
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Ukraine 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 the wage. We broke down salaries by experience level for people working as Business Analyst and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 16,700 UAH.

While someone with an experience level between two and five years is expected to earn 22,100 UAH, 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 29,500 UAH, 34% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,200 UAH, 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 37,900 UAH, 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 40,700 UAH, 7% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Business Analyst / Ukraine

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Business Analyst.

High School
20,900 UAH
Certificate or Diploma+14%
23,800 UAH
Bachelor's Degree+36%
32,300 UAH
Master's Degree+26%
40,700 UAH
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Ukraine 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 salaries by education level for the position Business Analyst in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 20,900 UAH.


Level 2: Certificate or Diploma

At this level, the average salary becomes 23,800 UAH, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 32,300 UAH, 36% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 40,700 UAH, 26% more than the previous level.



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 Ukraine costs anywhere from 115,000 UAH to 346,000 UAH 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Business Analyst / Ukraine

Salary comparison by gender Ukraine Business Analyst monthly
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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? For the people who work as Business Analyst in Ukraine, the average difference between the salary of male and female employees is 6%.

Male
28,500 UAH
Female-6%
26,900 UAH
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Ukraine for all Careers

Salary comparison by gender monthly Ukraine
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Average Annual Salary Increment Percentage / Business Analyst / Ukraine

How much are annual salary increments in Ukraine for individuals working as Business Analyst? How often do employees get salary raises?

Individuals working as Business Analyst in Ukraine are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Ukraine 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.

Ukraine / All Professions

Annual Salary Increment Rate Ukraine
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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 Ukraine is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Business Analyst / Ukraine

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Ukraine Business Analyst
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22% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 78% 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
78%
No Bonus
22%

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.

Average Hourly Wage / Business Analyst / Ukraine


160 UAH per hour

The average hourly wage (pay per hour) for individuals working as Business Analyst in Ukraine is 160 UAH.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Business Analyst in Ukraine is 80 UAH. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Business Planning-100%
Agile Coach26,800 UAH-3%
Assistant Business Development Manager32,200 UAH+16%
Assistant Merchandise Planner17,400 UAH-37%
Business Advisor30,300 UAH+9%
Business Analyst27,800 UAH+0%
Business Consultant27,800 UAH+0%
Business Continuity Associate16,700 UAH-40%
Business Developer19,400 UAH-30%
Business Development Analyst20,500 UAH-26%
Business Development Associate15,600 UAH-44%
Business Development Coordinator15,500 UAH-44%
Business Development Director40,900 UAH+47%
Business Development Engineer23,400 UAH-16%
Business Development Executive28,400 UAH+2%
Business Development Manager37,600 UAH+35%
Business Development Specialist26,800 UAH-3%
Business Manager32,100 UAH+16%
Business Operations Specialist27,000 UAH-3%
Business Process Writer17,000 UAH-39%
Business Systems Analyst28,400 UAH+2%
Capacity Planner21,000 UAH-24%
Capacity Planning Supervisor26,000 UAH-6%
Change Communications Analyst27,700 UAH-0%
Change Control Analyst26,300 UAH-5%
Change Impact Analyst27,300 UAH-2%
Chief Automation Officer34,800 UAH+25%
Chief Innovation Officer37,600 UAH+35%
Contracts Executive28,200 UAH+2%
Corporate Strategy Analyst30,400 UAH+9%
Cost Control Engineer18,700 UAH-33%
Cost Controller21,700 UAH-22%
Cost Estimator19,300 UAH-31%
Crisis Management Specialist31,700 UAH+14%
Data Executive14,600 UAH-47%
Data Manager21,600 UAH-22%
Data Processing Manager25,300 UAH-9%
Development Researcher22,500 UAH-19%
Digital Strategist28,900 UAH+4%
Digital Transformation Manager28,900 UAH+4%
Director of Business Development40,900 UAH+47%
Director of Production Planning35,100 UAH+26%
Drop Shipping Consultant24,800 UAH-11%
Due Diligence Analyst31,900 UAH+15%
Estimating Manager30,800 UAH+11%
General Manager33,400 UAH+20%
Growth Hacker22,500 UAH-19%
Impact Assessment Specialist26,300 UAH-5%
Impact Investing Analyst26,900 UAH-3%
Incident Handler19,600 UAH-29%
Incident Specialist24,700 UAH-11%
Lean Consultant21,400 UAH-23%
Manager38,900 UAH+40%
Marketing and Business Development Manager34,000 UAH+22%
Materials Planner12,800 UAH-54%
Merchandise Assistant12,700 UAH-54%
Merchandise Controller11,800 UAH-58%
Merchandise Planner13,100 UAH-53%
Online Consultant23,400 UAH-16%
Online Reputation Manager21,900 UAH-21%
Operations Analyst26,500 UAH-5%
Operations Manager29,300 UAH+6%
Operations Research Analyst17,300 UAH-38%
Planning and Reporting Manager31,500 UAH+13%
Planning Director36,300 UAH+31%
Product Designer21,500 UAH-23%
Product Manager23,300 UAH-16%
Project Administrator17,700 UAH-36%
Project Manager29,500 UAH+6%
Project Planner18,500 UAH-33%
Research Assistant16,400 UAH-41%
Research Engineer17,700 UAH-36%
Research Officer14,100 UAH-49%
Risk Management Specialist27,600 UAH-1%
Scholarship Coordinator14,300 UAH-49%
Store Planner14,400 UAH-48%
Strategy Director38,100 UAH+37%
Top Research and Development Executive42,000 UAH+51%

Salary Comparison By City

CityAverage Salary
Kyiv32,400 UAH

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Ukraine is 7% on average across all career fields.

Private Sector
22,100 UAH
Public Sector+7%
23,700 UAH
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Business Analyst in Ukraine?

A good and competitive compensation would range anywhere between 25,700 UAH and 29,300 UAH. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Business Analyst in Ukraine ranges from 13,900 UAH to 21,100 UAH. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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