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Operations Analyst Salary

Operations Analysts in the United States can expect to earn an average of $51K annually. In the world of Operations Analysts, total cash compensation can vary between $35K and $75K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $8K, respectively. This group's pay is mainly influenced by the specific employer, followed by geography and tenure. Men account for the majority of Operations Analysts who responded to the questionnaire — 62 percent to be exact. Job satisfaction for Operations Analysts is high. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to the larger part. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
$36,718 - $71,658
(Median)
37K
43K
51K
62K
72K
MEDIAN: $50,943
10%
25%
50%
75%
90%

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$14.07 - $28.81
(Median)
14
19
24
29
MEDIAN: $19.00
10%
50%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25K$50K$75K
Salary
$36,718 - $71,658  
   
Bonus
$0.00 - $9,781  
Profit Sharing
$478.53 - $7,777  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,489 - $74,577  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,858
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$14.07 - $28.81  
   
Overtime
$15.10 - $41.82  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $9,781  
   
Profit Sharing
$478.53 - $7,777  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$35,489 - $74,577  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 370
United States (change)

Job Description for Operations Analyst

An operations analyst typically performs duties related to the development and implementation of business practices that ensure optimal performance. The specific duties of an operations analyst can be as varied as the business world itself, but generally an operations analyst is tasked with evaluating and updating procedures, practices, and operations. Operations analysts are often involved with the design, implementation, and improvement of new and existing product lines.

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Operations Analyst Tasks

  • Drive systems development and process improvements.
  • Participate in efforts to improve capabilities, process improvement and technology projects.
  • Analyze data for anomalies, trends and opportunities for improvement.
  • Complete impact analyses for all operations improvements.

Common Career Paths for Operations Analyst


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Operations Analysts do not often transition into VP of Operations roles. The role averages $122K per year. A common career progression for an Operations Analyst is to become an Operations Manager or a Senior Financial Analyst. Compared to Operations Analysts, the first group earns $7K more on average, and the second group earns $23K more.

Operations Analyst Job Listings

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Popular Employer Salaries for Operations Analyst


Many Operations Analysts can be found at J.P. Morgan Chase & Co. (JPMCC), Bank of America Corp. (BOFA), The Goldman Sachs Group, Inc., The PNC Financial Services Group, Inc., and Morgan Stanley, firms that are at the top of the field. Those at United Technologies Corporation can expect to make the most, with the company offering a median salary of $76K. Those in search of high salaries should also consider Capital One Financial Corp, Citibank, and Barclays Capital Inc, top-paying firms where Operations Analysts rake in a $67K, $61K, or $58K, respectively.

The PNC Financial Services Group, Inc. pays significantly less than other places with a median salary of $31K, less than half of the top paying company's rate. Also sliding in at the lower end of the scale are Wells Fargo & Co. ($38K), Deutsche Bank ($41K), and Wells Fargo Home Mortgage ($43K).

Popular Skills for Operations Analyst


Survey results imply that Operations Analysts deploy a deep pool of skills on the job. Lucky workers who know Financial Modeling can expect a significant pay bump, scoring salaries 32 percent above average. Operations Management and Business Analysis are also correlated to pay that is above average, with increases between 7 percent and 32 percent. Skills that pay less than market rate include Financial Reporting, Microsoft Access, and Database Management & Reporting. Those familiar with Data Analysis also tend to know Process Improvement and Business Analysis.

Pay by Experience Level for Operations Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Operations Analysts, experience does not seem to be a major factor in determining pay. The average beginner in this position makes around $50K, but folks who have been around for five to 10 years see a markedly higher median salary of $56K. People with 10 to 20 years of experience make an average of about $58K in this role. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $62K.

Pay Difference by Location


For Operations Analysts, busy San Francisco offers a higher-than-average pay rate, 29 percent above the national average. Operations Analysts can also look forward to large paychecks in cities like Washington (+20 percent), Seattle (+19 percent), New York (+17 percent), and Minneapolis (+6 percent). Place of residence plays a huge part in an Operations Analyst's salary, with Jacksonville Operations Analysts earning salaries that are 22 percent less than the national average. Columbus and Dallas are a couple other places where companies are known to pay below the median — salaries are 20 percent lower and 6 percent lower, respectively.

Operations Analyst Reviews

What is it like working as an Operations Analyst?

Operations Analyst in Fremont:
"Exciting Job, But Lots Of Work."
Pros: Fast paced environment, lots of smart coworkers, challenging.
Cons: Sometimes overworked, long commute.

Related Job Salaries

Experience Affects Operations Analyst Salaries




National Average
$51,000


Skills That Affect Operations Analyst Salaries

Financial Modeling
up arrow 32%




Process Improvement
up arrow 4%

Financial Analysis
up arrow 4%

SQL
up arrow 4%

National Average
$51,000

Data Analysis
up arrow 1%

Microsoft Excel
up arrow 1%

Accounting
up arrow 1%

Research Analysis
up arrow 2%

Microsoft Office
up arrow 4%

Database Management & Reporting
up arrow 4%

Microsoft Access
up arrow 4%

Financial Reporting
up arrow 9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 504 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
9%
1-4 years
55%
5-9 years
22%
10-19 years
10%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 69% employee benefits None: 9%