Business Analyst Average Salary in Philippines 2024
How much money does a person working as Business Analyst make in Philippines?
LOW
23,600
PHP AVERAGE
51,300
PHP HIGH
81,600
PHP
A person working as Business Analyst in Philippines typically earns around 51,300 PHP. Salaries range from 23,600 PHP (lowest) to 81,600 PHP (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Business Analyst salaries in Philippines 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 Philippines
Salary Structure and Pay Scale Comparison
48,700 PHP or more
42,600 to 48,700 PHP
29,400 PHP or less
29,400 to 42,600 PHP
 23,600 PHP |
49,000 PHP |
81,600 PHP |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Business Analyst in Philippines range from 23,600 PHP (starting salary) to 81,600 PHP (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 49,000 PHP, half of the professionals who work as Business Analyst in Philippines 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 Philippines earn less than 39,500 PHP, while 75% earn more. Similarly, the chart shows that 75% earn less than 56,500 PHP 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 Philippines compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 29,400 PHP to 42,600 PHP. About 20% of salaries are below the 29,400 PHP mark, while 10% fall within the range of 42,600 PHP to 48,700 PHP. Only 5% of individuals have salaries exceeding 48,700 PHP.
Salary Comparison by Years of Experience / Business Analyst / Philippines
How do experience and age affect pay?
| 0 - 2 Years | 26,800 PHP | |
| 2 - 5 Years | +34% | 35,800 PHP |
| 5 - 10 Years | +48% | 52,900 PHP |
| 10 - 15 Years | +22% | 64,500 PHP |
| 15 - 20 Years | +9% | 70,300 PHP |
| 20+ Years | +8% | 76,100 PHP |
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.
Employees with less than two years of experience earn approximately 26,800 PHP.
While someone with an experience level between two and five years is expected to earn 35,800 PHP, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 52,900 PHP, 48% 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 64,500 PHP, 22% 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 70,300 PHP, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 76,100 PHP, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Business Analyst / Philippines
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 | 32,900 PHP | |
| Certificate or Diploma | +18% | 38,700 PHP |
| Bachelor's Degree | +45% | 56,100 PHP |
| Master's Degree | +31% | 73,500 PHP |
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 32,900 PHP.
Level 2: Certificate or Diploma
At this level, the average salary becomes 38,700 PHP, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 56,100 PHP, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 73,500 PHP, 31% 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 Philippines costs anywhere from 224,000 PHP to 671,000 PHP 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 and Compensation Comparison By Gender / Business Analyst / Philippines
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 Philippines, the average difference between the salary of male and female employees is 15%.
| Male | 54,800 PHP | |
| Female | -13% | 47,800 PHP |
Salary Comparison By Gender in Philippines for all Careers
Average Annual Salary Increment Percentage / Business Analyst / Philippines
How much are annual salary increments in Philippines for individuals working as Business Analyst? How often do employees get salary raises?
Individuals working as Business Analyst in Philippines 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.
Philippines / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Philippines
How much and how often are bonuses being awarded?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 / Philippines
300 PHP per hourThe average hourly wage (pay per hour) for individuals working as Business Analyst in Philippines is 300 PHP.This is the rate they get paid for every worked hour.
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 Philippines is 140 PHP. 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 Title | Average Salary |
| Business Planning |  -100% | |
| Agile Coach | 48,400 PHP | -6% |
| Assistant Business Development Manager | 55,800 PHP |  +9% |
| Assistant Merchandise Planner | 34,900 PHP | -32% |
| Business Advisor | 53,500 PHP | +4% |
| Business Analyst | 51,300 PHP | -0% |
| Business Consultant | 53,700 PHP | +5% |
| Business Continuity Associate | 32,000 PHP | -38% |
| Business Developer | 35,600 PHP | -31% |
| Business Development Analyst | 39,800 PHP | -22% |
| Business Development Associate | 27,400 PHP | -47% |
| Business Development Coordinator | 30,500 PHP | -41% |
| Business Development Director | 75,200 PHP | +47% |
| Business Development Engineer | 40,700 PHP | -21% |
| Business Development Executive | 57,100 PHP | +11% |
| Business Development Manager | 70,200 PHP | +37% |
| Business Development Specialist | 50,300 PHP | -2% |
| Business Manager | 63,400 PHP | +24% |
| Business Operations Specialist | 50,400 PHP | -2% |
| Business Process Writer | 30,500 PHP | -41% |
| Business Systems Analyst | 56,000 PHP | +9% |
| Capacity Planner | 36,300 PHP | -29% |
| Capacity Planning Supervisor | 52,100 PHP | +2% |
| Change Communications Analyst | 51,700 PHP | +1% |
| Change Control Analyst | 51,400 PHP | +0% |
| Change Impact Analyst | 50,500 PHP | -2% |
| Chief Automation Officer | 66,600 PHP | +30% |
| Chief Innovation Officer | 71,900 PHP | +40% |
| Contracts Executive | 51,600 PHP | +1% |
| Corporate Strategy Analyst | 55,900 PHP | +9% |
| Cost Control Engineer | 35,300 PHP | -31% |
| Cost Controller | 38,900 PHP | -24% |
| Cost Estimator | 36,700 PHP | -28% |
| Crisis Management Specialist | 55,700 PHP | +9% |
| Data Executive | 29,000 PHP | -43% |
| Data Manager | 40,100 PHP | -22% |
| Data Processing Manager | 49,200 PHP | -4% |
| Development Researcher | 41,800 PHP | -19% |
| Digital Strategist | 52,900 PHP | +3% |
| Digital Transformation Manager | 57,900 PHP | +13% |
| Director of Business Development | 79,000 PHP | +54% |
| Director of Production Planning | 67,700 PHP | +32% |
| Drop Shipping Consultant | 45,700 PHP | -11% |
| Due Diligence Analyst | 55,900 PHP | +9% |
| Estimating Manager | 58,300 PHP | +14% |
| General Manager | 67,200 PHP | +31% |
| Growth Hacker | 42,200 PHP | -18% |
| Impact Assessment Specialist | 48,800 PHP | -5% |
| Impact Investing Analyst | 47,400 PHP | -8% |
| Incident Handler | 37,900 PHP | -26% |
| Incident Specialist | 45,200 PHP | -12% |
| Lean Consultant | 39,200 PHP | -24% |
| Manager | 72,200 PHP | +41% |
| Marketing and Business Development Manager | 66,300 PHP | +29% |
| Materials Planner | 22,900 PHP | -55% |
| Merchandise Assistant | 23,100 PHP | -55% |
| Merchandise Controller | 22,400 PHP | -56% |
| Merchandise Planner | 24,500 PHP | -52% |
| Online Consultant | 44,600 PHP | -13% |
| Online Reputation Manager | 40,000 PHP | -22% |
| Operations Analyst | 46,800 PHP | -9% |
| Operations Manager | 56,100 PHP | +9% |
| Operations Research Analyst | 33,200 PHP | -35% |
| Planning and Reporting Manager | 60,000 PHP | +17% |
| Planning Director | 71,200 PHP | +39% |
| Product Designer | 38,200 PHP | -26% |
| Product Manager | 43,200 PHP | -16% |
| Project Administrator | 35,600 PHP | -31% |
| Project Manager | 54,700 PHP | +7% |
| Project Planner | 32,500 PHP | -37% |
| Research Assistant | 30,200 PHP | -41% |
| Research Engineer | 32,800 PHP | -36% |
| Research Officer | 26,400 PHP | -49% |
| Risk Management Specialist | 52,200 PHP | +2% |
| Scholarship Coordinator | 26,900 PHP | -48% |
| Store Planner | 27,200 PHP | -47% |
| Strategy Director | 73,300 PHP | +43% |
| Top Research and Development Executive | 76,500 PHP | +49% |
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 Philippines is 12% on average across all career fields.
| Private Sector | 42,300 PHP | |
| Public Sector | +12% | 47,300 PHP |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Business Analyst in Philippines?
A good and competitive compensation would range anywhere between 49,000 PHP and 56,500 PHP. 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 Philippines ranges from 23,600 PHP to 39,500 PHP. 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
