A computer systems analyst’s job is derived from the field of information technology, and it entails assisting individuals or organizations in developing or creating information technology-related applications in order to help them achieve their defined objectives. A computer systems analyst salary is determined by a number of factors, including the analyst’s level of experience or training, as well as the type of organization or individual for whom the analyst is working and their ability to pay the systems analyst. The location of the systems analyst and the industry in which he or she works are two other factors that affect the salary of a computer systems analyst.
The level of compensation is often commensurate with the level of experience or the quality or human capital that the individual possesses, just as it is with any other job position. In this situation, the computer systems analyst salary will be directly affected by the quality of training and experience the individual has, which will be reflected in the quality of work he or she produces. Because most companies recognize the value of information technology to their various businesses, they are often willing to pay more to hire analysts who have a track record in the field, which has an impact on the computer systems analyst salary. Aside from human capital, the town, state, or country where this professional is located has an impact on the computer systems analyst salary. For example, an analyst who lives in an area where there is little competition from other experienced analysts may be able to find more higher-paying jobs than someone who lives in a market where there are many others who are equally qualified.
Another factor to consider when analyzing the factors that influence a computer systems analyst salary is the industry in which the analyst works, as some industries have historically paid higher rates than others. Because industries pay differently in different countries, the determination of which industry pays better is best analyzed by taking into account the geographical location. Analysts who work in the telecommunications, oil and gas, or banking industries, for example, in some countries earn significantly more than those in other industries.