$54,028
Avg. Salary
$20.18
Avg. Hourly Rate

Average additional compensation for this job:

Bonus

$3,110

Profit Sharing

$2,057

Commission

$10,000

The average pay for an Operations Analyst is $20.18 per hour.

The average pay for an Operations Analyst is $54,028 per year.

$15
10%
$20
50%
$28
90%
MEDIAN $20
$40k
10%
$54k
50%
$75k
90%
MEDIAN $54,028
$39,634 - $75,094
$40K
$54K
$75K
MEDIAN: $54,028
10%
50%
90%

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$14.59 - $28.41
$15
$20
$28
MEDIAN: $20.18
10%
50%
90%

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$0$76K
Salary $39,634 - $75,094
Bonus $512 - $9,231
Profit Sharing $487 - $6,165
Commission $0.00 - $29,087
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).
)
$36,996 - $76,317
  • Country: United States
  • Currency: USD
  • Updated: 5 Nov 2018
  • Individuals Reporting: 4,133
Hourly Data $0$43
Hourly Rate $14.59 - $28.41
Hourly Tips $2.93
Overtime $14.95 - $43.42
Annual Data $0$76K
Bonus $512 - $9,231
Commission $0.00 - $29,087
Profit Sharing $487 - $6,165
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).
)
$36,996 - $76,317
  • Country: United States
  • Currency: USD
  • Updated: 5 Nov 2018
  • Individuals Reporting: 1,062

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.

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.

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 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: $53,447

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 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 Novi:
Pros: Busy days go by fast Perks relocation job security.
Cons: High Stress and long days. Overworked.

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 Richmond:
"Good place to work."
Pros: Very colabrative.
Cons: Tough to get promoted.

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

Key Stats for Operations Analyst

Gender

Female
45 %
Male
55 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 908 votes.
Less than 1 year
9%
1-4 years
60%
5-9 years
18%
10-19 years
10%
20 years or more
3%

Experience Affects Operations Analyst Salaries

▲20%

▲13%

▲6%

National Average
$53,000

▼5%

Skills That Affect Operations Analyst Salaries

SQL
▲5%



National Average
$53,000




Data Analysis
▼3%

Accounting
▼3%







▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 908 votes.

Gender

Female
45 %
Male
55 %

Years of Experience

Less than 1 year
9%
1-4 years
60%
5-9 years
18%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 80%
vision benefits
Vision: 71%
no benefits
None: 11%