The business continuity analyst is a key player in any organization’s disaster recovery and business continuity planning. This position typically requires a bachelor’s degree in business or computer science and experience in recovering data and systems. Salaries for business continuity analysts vary depending on experience and location, but the average salary is around $100,000.
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Business Continuity Analyst Salary: How Much Can You Expect to Earn?
The average salary for a business continuity analyst is $94,000 per year, according to Indeed.com. The top 25 percent of earners in this field make an average of $138,000 per year. This means that, on average, business continuity analysts make more than the average salary for all occupations. However, the range of salaries for business continuity analysts is wide, with earners making anywhere from $50,000 to $250,000 per year.
The Top % of Business Continuity Analysts Earn This Much
First, let’s start with the basics. A business continuity analyst is a professional who helps organizations stay safe and protected in the event of a major disaster or incident. They work to ensure that critical business functions continue uninterrupted in the event of a catastrophe.
The average salary for a business continuity analyst is $92,000 per year. However, salaries vary depending on experience and skillset. The top earners can make up to $130,000 per year.
The most important aspect of a business continuity analyst’s job is their ability to think critically and solve problems. They must be able to come up with creative solutions to unusual or difficult problems.
They also need to be able to communicate effectively with other members of an organization. They need to be able to keep everyone informed of the latest developments and ensure that everyone is working together to protect the organization.
Finally, business continuity analysts need to be able to work quickly and efficiently. They need to be able to stay calm under pressure and manage their time efficiently so that they can get the job done.
Business Continuity Analyst Salary: by State
Average Business Continuity Analyst Salary by State
The average salary for a business continuity analyst was $92,530 in 2016, according to the Indeed Salary Report. The highest-paying states for business continuity analysts were California at $124,640, Massachusetts at $117,810, and Washington at $114,040. The lowest-paying states for business continuity analysts were South Dakota at $60,840, Oklahoma at $62,240, and Montana at $66,640.
The Highest Paying Industries for Business Continuity Analysts
In today’s economy, it is more important than ever to have a robust business continuity plan in place. Fortunately, there are many lucrative industries that are ripe for those looking to pursue a career in business continuity. Here are three of the highest paying industries for business continuity analysts:
- Financial Institutions
- Healthcare Organizations
- Technology Companies
When it comes to paying, financial institutions are probably the most generous. They are often willing to pay a higher salary than other industries due to the high level of importance that continuity has for their business. Healthcare organizations also tend to be very generous in terms of salary, but they also tend to be highly demanding in terms of qualifications. In fact, many healthcare organizations are looking for individuals with a strong background in continuity planning and disaster response. Finally, technology companies are always looking for talented individuals, and they are often willing to pay a higher salary than other industries due to the high level of uncertainty that always accompanies the technology industry.
How to Negotiate the Best Salary as a Business Continuity Analyst
When it comes to salaries in the business continuity field, things can get a bit tricky. After all, there is a lot of competition for these positions, and employers want to ensure that they are getting the best possible value for their money.
That said, there are a number of things that you can do to help you negotiate a salary that is both fair and appropriate. Here are a few tips:
- Understand your market
The first step in any negotiation is understanding your market. What are the average salaries for similar positions in your area? What are the going rates for your skills and experience?
Knowing this information will give you a good starting point when negotiating your salary.
- Be clear about your abilities
When you are negotiating your salary, be as clear as possible about what you can bring to the table. List specifically what skills and experience you have that are unique to the business continuity field.
This will help employers to better understand your worth and ensure that they are getting the best possible value for their money.
- Be prepared to offer a higher salary
If you feel that your salary is not reflective of your skill and experience, be prepared to offer a higher salary. After all, if you are truly the best candidate for the job, employers should be willing to pay you what you are worth.
- Be realistic about the potential salary
Don’t get too caught up in the negotiations
According to the Bureau of Labor Statistics, the median salary for a business continuity analyst is $71,000. This suggests that there is a large variance in salaries for this occupation, with some analysts earning significantly more than others. Additionally, the skills and experience required for this position may necessitate a longer stint in the field before earning a sufficiently high salary.