Operations Analyst Salary

For Operations Analysts, yearly average wages total $52K annually. In the world of Operations Analysts, total cash compensation can vary between $36K and $76K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $6K, respectively. Earnings for this group are mostly affected by the company, followed by geography and years of experience. Job satisfaction for Operations Analysts is high. Most report receiving medical coverage from their employers and a large number collect dental insurance. There are more male Operations Analysts than female among those who completed the questionnaire, making up 61 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$38,545 - $72,762
(Median)
$39K
$52K
$73K
MEDIAN: $51,911
10%
50%
90%

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$14.14 - $29.40
(Median)
$14
$20
$29
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$38,545 - $72,762  
   
Bonus
$0.00 - $9,643  
Profit Sharing
$485.44 - $6,210  
Commission
$12,500  
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).
)
$36,181 - $75,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,637
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$14.14 - $29.40  
   
Overtime
$14.52 - $43.01  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$0.00 - $9,643  
   
Commission
$12,500  
Profit Sharing
$485.44 - $6,210  
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).
)
$36,181 - $75,553  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 563
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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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While Operations Analysts do not often become VPs of Operations, the job pays $123K per year on average. Operations Analysts moving up in their careers tend to step into positions as Operations Managers or Senior Operations Analysts. The median paychecks in those roles are $7K higher and $17K higher, respectively.

Operations Analyst Job Listings

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Popular Employer Salaries for Operations Analyst


Bank of America Corp. (BOFA), J.P. Morgan Chase & Co. (JPMCC), The Goldman Sachs Group, Inc., Morgan Stanley, and Deutsche Bank are some prominent firms with considerable interest in employing a large team of Operations Analysts. Employees at Capital One Financial Corp enjoy the biggest paychecks, and $69K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $54K and higher ones not far away at only $94K. Other employers shelling out big bucks include Fidelity Investments, Barclays Capital Inc, and Citibank, where Operations Analysts typically earn around $67K, $62K, or $61K, respectively.

Earnings fall especially short at The PNC Financial Services Group, Inc., where the median salary of $32K is the lowest in the field, less than half of the top paying company's rate. Others at the bottom of the scale for this job include Deutsche Bank at $40K, Wells Fargo Home Mortgage at $43K, and Morgan Stanley, where $44K is the norm.

Popular Skills for Operations Analyst


Operations Analysts seem to exploit a large range of skills on the job. Most notably, skills in Project Management, Business Analysis, SQL, and Process Improvement are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Research Analysis, Microsoft Office, and Microsoft Access. Most people who know Data Analysis also 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.


Experience does not seem to be a strong driver of pay increase in this role. The average beginner in this position makes around $51K, but folks who have been around for five to 10 years see a markedly higher median salary of $57K. For Operations Analysts, 10 to 20 years of experience on the job amounts to an average salary of $60K. Operations Analysts with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $62K.

Pay Difference by Location

National Average: $52,249

Larger city markers indicate a job is popular in that location.

For Operations Analysts, busy San Francisco offers a higher-than-average pay rate, 25 percent above the national average. Operations Analysts can also look forward to large paychecks in cities like Washington (+18 percent), New York (+16 percent), Houston (+16 percent), and Seattle (+12 percent). Compared to the national average, Jacksonville Operations Analysts have considerably lower salaries, 21 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession. Employers also pay below the national average in Dallas and Denver (4 percent lower).

Operations Analyst Reviews

What is it like working as an Operations Analyst?

Operations Analyst in Louisville:
"Constant change."
Pros: I like that everyday I'm faced with something else to learn. I like helping people indirectly. Flexibility.
Cons: The limited staffing on my team.

Operations Analyst in Lenexa:
"Corporate Culture."
Pros: There is no micromanagement, able to do my job independently and take charge in places that are needed.
Cons: The financial strength of the company which influences my personal compensation.

Operations Analyst in Denver:
"Great opportunity for growth."
Pros: My job gives me flexibility to grow into different functional areas. It is a small company so I have the opportunity to work with a lot of different areas of the business.
Cons: I like most things about my job. I turned down a higher offer to take this job, so compensation is on my mind. Especially looking at industry standards.

Operations Analyst in Nashville:
"Six Sigma Focus-High Metric Retrieval."
Pros: I love that I can constantly learn in my work environment and improve my skills with technology, business, and with people. The flexibility and drive that they provide at Caterpillar have pushed me to the next level, and promoted me to improve myself everyday. I have a lot of contact with high level managers and VP;s of the company, which allows me to see the company from top to bottom, from the inside out. I also reach out globally to all the other offices we have in the world.
Cons: I would say the pay is what I currently like the least.

Operations Analyst in Chicago:
"Ops Analyst."
Pros: Process improvement and solution implementation as well as being able to test different theories on how to build a successful business.
Cons: Small company, upper management disconnect.

Related Job Salaries

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Experience Affects Operations Analyst Salaries




National Average
$52,000


Skills That Affect Operations Analyst Salaries



SQL
up arrow 3%

Process Improvement
up arrow 2%

Operations Management
up arrow 2%

Financial Analysis
up arrow 2%

Accounting
0%

National Average
$52,000

Data Analysis
up arrow 1%

Database Management & Reporting
up arrow 1%

Financial Reporting
up arrow 1%

Microsoft Excel
up arrow 3%

Problem Solving
up arrow 3%

Microsoft Office
up arrow 4%

Microsoft Access
up arrow 4%


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 518 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
9%
1-4 years
58%
5-9 years
20%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 83%
medical benefits
Vision: 71%
dental benefits
None: 9%
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