Business Operations Analyst Salary
Business Operations Analysts in the United States pull down an average of $60K annually. Cash earnings for Business Operations Analysts — which occasionally include more than $9K from bonuses and more than $5K from profit sharing — stretch from around $42K to approximately $91K. Earnings for this group are mostly affected by the particular firm, followed by geography and tenure. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Male Business Operations Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 53 percent of the field. Most Business Operations Analysts report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Job Description for Business Operations Analyst
Business operations analysts are in charge of conducting extensive, accurate analyses of their organization's existing business operations. Their main duties includes gathering data and developing solutions meet business needs. They write detailed reports based on their recommendations and communicate their findings (in writing and through presentations) to upper management. Business operations analysts perform gap analysis, support data collection, and gather documentation. They also analyze cross-departmental business processes for efficiency.Read More...
In all tasks, business operations analysts must follow strict company procedures and report their progress to the business operations supervisor in their department. Business operations analysts also assist with business development tasks as needed and participate in company meetings, sharing their ideas to improve the current business model and increase profitability. They also ensure that key assignments are completed on schedule and that status reports are turned in on time.
A bachelor's degree in business analysis, management, finance, or a related field is necessary for this position. Previous experience in a similar capacity may be preferred. Business operations analysts must work well with colleagues in a team environment, but also perform well on their own with minimal supervision. They should be organized, as well as able to multitask when handling large amount of information.
Business Operations Analyst Tasks
- Identify user needs from user requests and develop strategies by which to meet those needs.
- Critically evaluate information from multiple sources and clearly indicate quality of final analysis.
- Communicate complex data in comprehensible ways.
- Determine, implement, and evaluate business metrics to meet ongoing organizational or customer information needs.
- Analyze and report on complex data to meet customer needs.
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Popular Employer Salaries for Business Operations Analyst
Dish Network Corporation, The Boeing Company, J.P. Morgan Chase & Co. (JPMCC), Navy Federal Credit Union, and Accenture are some prominent firms with considerable interest in employing a large team of Business Operations Analysts. Business Operations Analysts flock to Cisco Systems Inc for generous paychecks, where average earnings of $91K lead the pack in compensation. Other big spenders include CBRE Group, The Boeing Company, and Navy Federal Credit Union, top-paying firms where Business Operations Analysts see paychecks nearing $76K, $68K, or $64K.
Others at the bottom of the scale for this job include Nationstar Mortgage LLC at $46K, J.P. Morgan Chase & Co. (JPMCC) at $48K, and Dish Network Corporation, where $50K is the norm.
Popular Skills for Business Operations Analyst
Business Operations Analysts seem to exploit a large range of skills on the job. Most notably, skills in SQL, Supply Chain, Strategic Planning, and Business Analysis are correlated to pay that is above average, with boosts between 5 percent and 13 percent. Skills that pay less than market rate include Microsoft Word, Microsoft Office, and Microsoft Access. Most people skilled in Data Analysis are similarly competent in Business Analysis and Process Improvement.
Pay by Experience Level for Business Operations Analyst
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average worker who claims fewer than five years of experience earns around $57K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $67K. Business Operations Analysts claiming one to two decades of experience make an estimated median of $75K. Business Operations Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks of $64K.
Pay Difference by Location
For those looking to make money, Business Operations Analysts in San Jose enjoy an exceptional pay rate, 59 percent above the national average. Business Operations Analysts can also look forward to large paychecks in cities like San Francisco (+39 percent), Seattle (+25 percent), Austin (+19 percent), and New York (+11 percent). Charlotte is the lowest-paying area, 17 percent south of the national average. Workers in Denver and Raleigh earn salaries that trail the national average for those in this profession (16 percent less and 5 percent less, respectively).
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