Operations Analyst Salary

Operations Analysts in the United States pull down an average of $52K annually. Overall cash earnings for Operations Analysts stretch from $36K on the lower end to $76K near the top, and the heftiest packages can encompass around $10K from bonuses and $6K from profit sharing. While geography and years of experience impact pay for this group, the specific employer is the most influential factor. Most report receiving medical coverage from their employers and a large number collect dental insurance. Men account for the majority of Operations Analysts who responded to the questionnaire — 61 percent to be exact. For the most part, Operations Analysts enjoy their work and report high levels of job satisfaction. The figures in this rundown are based on the results of 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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Though some Operations Analysts move into positions like VP of Operations (where the average salary is $123K), this progression is not the norm. A common career progression for an Operations Analyst is to become an Operations Manager or a Senior Operations Analyst. Compared to Operations Analysts, the first group earns $7K more on average, and the second group earns $17K more.

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 top-notch employers for Operations Analysts in this area. Capital One Financial Corp pays the most with a median salary of $69K, though there is little variation overall ($54K to $94K). Soaring salaries can also be found at Fidelity Investments, Barclays Capital Inc, and Citibank, where earnings of $67K, $62K, or $61K are standard for Operations Analysts.

The PNC Financial Services Group, Inc. offers the lowest pay in the industry by far, with a median salary less than half of the top paying company's rate ($32K). Deutsche Bank, Wells Fargo Home Mortgage and Morgan Stanley are three other employers with a reputation for below-average pay, showing salaries around $40K, $43K, and $44K.

Popular Skills for Operations Analyst


Operations Analysts report using a deep pool 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. At the other end of the pay range are skills like Research Analysis, Microsoft Office, and Microsoft Access. Those educated in Data Analysis tend to be well versed in 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.


Operations Analysts do not generally earn higher incomes from more experience in the field. Workers in their first five years can expect to earn $51K, but people who have been around for five to 10 years earn a noticeably bigger sum of $57K. After working for 10 to 20 years, Operations Analysts make a median salary of $60K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $62K.

Pay Difference by Location

National Average: $52,249

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

Home to some of the best pay for Operations Analysts, San Francisco offers exceptional salaries, 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). Operations Analysts in Jacksonville take home the lowest salaries, earning a whopping 21 percent less than the national average. Dallas and Denver are a couple other places where companies are known to pay below the median — salaries tend to be 4 percent less than the median.

Operations Analyst Reviews

What is it like working as an Operations Analyst?

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.

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

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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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