Operations Analyst Salary

Median pay for Operations Analysts in the United States is around $53K per year. In the world of Operations Analysts, total cash compensation can vary between $36K and $75K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $9K and $6K, respectively. The most important factor affecting compensation for this group is the specific employer, followed by the particular city and experience level. Men working as Operations Analysts who took the survey just slightly outnumber women at 54 percent. Work is enjoyable for Operations Analysts, who typically claim high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$39,239 - $74,880
$39K
$54K
$75K
MEDIAN: $53,673
10%
50%
90%

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$14.44 - $27.67
$14
$20
$28
MEDIAN: $19.94
10%
50%
90%

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$0$75K
Salary $39,239 - $74,880
Bonus $408.11 - $9,192
Profit Sharing $0.00 - $6,425
Commission $10,000
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).
)
$36,459 - $75,528
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 2,048
Hourly Data $0$43
Hourly Rate $14.44 - $27.67
Overtime $17.85 - $43.77
Annual Data $0$75K
Bonus $408.11 - $9,192
Commission $10,000
Profit Sharing $0.00 - $6,425
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).
)
$36,459 - $75,528
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 569

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

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

Common Career Paths for Operations Analyst


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Operations Analysts may progress into high-paying roles like VP of Operations, where median compensation is $124K annually. Career advancement for the typical Operations Analyst often leads to becoming an Operations Manager or a Senior Operations Analyst; median salaries in these positions are $6K higher and $16K higher, respectively.

Operations Analyst Job Listings

Popular Employer Salaries for Operations Analyst


Bank of America Corp. (BOFA), The Goldman Sachs Group, Inc., J.P. Morgan Chase & Co. (JPMCC), Morgan Stanley, and Deutsche Bank are top-notch employers for Operations Analysts in this area. Although salaries only range from $54K to just $94K, Capital One Financial Corp still offers the highest pay with a median paycheck of $69K. Other big spenders include Fidelity Investments, The Boeing Company, and Citibank, top-paying firms where Operations Analysts see paychecks nearing $69K, $67K, or $61K.

Employees at Deutsche Bank, Wells Fargo Home Mortgage, and Morgan Stanley can also expect below-average earnings of $40K, $43K, and $46K.

Popular Skills for Operations Analyst


Survey results imply that Operations Analysts deploy a substantial tool kit of skills at work. Most notably, skills in SQL, Project Management, Business Analysis, and Operations Management are correlated to pay that is above average, with boosts between 4 percent and 7 percent. Skills that pay less than market rate include Data Entry, Customer Service, and Research Analysis. Those proficient in Data Analysis are, more often than not, also skilled in Process Improvement and Business Analysis.

Pay by Experience Level for Operations Analyst

Pay by Experience for an Operations Analyst has a positive trend. An entry-level Operations Analyst with less than 5 years of experience can expect to earn an average total compensation of $51,000 based on 1,898 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Operations Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 513 salaries. An experienced Operations Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $60,000 based on 256 salaries. An Operations Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $64,000 based on 71 salaries.

Pay Difference by Location

National Average: $52,943

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

San Francisco offers some of the highest pay in the country for Operations Analysts, 20 percent above the national average. Operations Analysts will also find cushy salaries in New York (+16 percent), Washington (+14 percent), Houston (+12 percent), and Philadelphia (+10 percent). The lowest-paying market is Pittsburgh, which sits 20 percent below the national average. On the whole, employers pay 2 percent below the median salary for those in this field in Denver and Atlanta.

Operations Analyst Reviews

Q: What is it like working as an Operations Analyst?

Operations Analyst in Seattle:
"A Fast Paced Learning Environment."
Pros: A position as a SOC Analyst is not for everyone. An operations center will challenge your critical thinking abilities as you aim to provide swift and helpful customer service to employees, your stress management skill as things get busy or as natural disasters pick up, as well as your ability to communicate and work with a small-medium sized team of individuals. I enjoy the challenges above and look forward to progressing my career. I enjoy the companions at my work, also. Without them, it would be much more dull around here, but instead I find us sharing laughs and enjoying the time through various means. I work the graveyard shift, which I enjoy thoroughly, and could even see myself on other shifts doing the same. There is plenty of overtime to chase after at this time of flux in my company as we are expanding our operations and doubling staffing.
Cons: There are ups and downs of every job and I think the one that jumps out to me the most when I think about my time here is how stress can effect communication; times when stress causes people to react to information that is supposed to help them emotionally instead of rationally and often times negative communication commences. It happens to everyone, of course, but in these times it is important as a team to build trust instead of clashing heads. The company could provide a better rate of PTO, but it is what it is. I don't have many complaints as I am in a good position for my age, I think.

Operations Analyst in San Francisco:
"Great entry level job."
Pros: Challenging and strong team.
Cons: Not clear career growth and lots of work.

Operations Analyst in New York:
Pros:
Cons: Compensation is low. NACE states average college graduate salary as $48,700. That is nationwide. For the most expensive city in the country, paying your employees less than that is pretty bad.

Operations Analyst in Tampa:
"Data analysis."
Pros: I like the fact that I am able to analyze and make consulting advice to my organization.
Cons: I don't like the fact that everything is time sensitive.

Operations Analyst in Syracuse:
Pros: Telecommuting, Flexibility, people I work with.
Cons: Communication, Competition for my time between sales staff, lack of understanding of work load and time tasks take by the management,

Operations Analyst in Dallas:
"Corporate culture, work flexibility."
Pros: Using the skills in school and applying them to my position.
Cons: Little opportunity for growth, feeling little in a big company.

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.

Related Job Salaries

Key Stats for Operations Analyst

Gender

Female
46 %
Male
54 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 446 votes.
Less than 1 year
9%
1-4 years
61%
5-9 years
17%
10-19 years
9%
20 years or more
3%

Experience Affects Operations Analyst Salaries

▲21%

▲14%

▲7%

National Average
$53,000

▼4%

Skills That Affect Operations Analyst Salaries

SQL
▲6%




National Average
$53,000



Data Analysis
▼2%

Accounting
▼2%







▼13%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 446 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
9%
1-4 years
61%
5-9 years
17%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 80%
vision benefits
Vision: 71%
no benefits
None: 11%