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Business operations analyst hiring summary. Here are some key points about hiring business operations analysts in the United States:
Here's a step-by-step business operations analyst hiring guide:
A business operations analyst is an individual who identifies and solves issues related to the performance of the business operations. Together with the management and engineering departments, business operations analysts must analyze and review a vast amount of data to identify business opportunities. They must provide recommendations and updated policies so that they can improve the company's business performance. Business operations analysts are also required to create monthly reports and present them to upper management on their key findings and assessments.
The business operations analyst hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.
You should also consider the ideal background you'd like them a business operations analyst to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a business operations analyst that fits the bill.
Here's a comparison of business operations analyst salaries for various roles:
| Type of Business Operations Analyst | Description | Hourly rate |
|---|---|---|
| Business Operations Analyst | Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. They advise managers on how to make organizations more profitable through reduced costs and increased revenues. | $21-42 |
| Analyst | Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more | $25-47 |
| Staff Analyst | Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have... Show more | $34-65 |
Including a salary range in the business operations analyst job description is a good way to get more applicants. A business operations analyst salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for a business operations analyst in Wyoming may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level business operations analyst. Additionally, a business operations analyst with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $75,950 | $37 |
| 2 | Washington | $75,441 | $36 |
| 3 | District of Columbia | $75,378 | $36 |
| 4 | Connecticut | $71,327 | $34 |
| 5 | Oregon | $70,950 | $34 |
| 6 | Maryland | $70,573 | $34 |
| 7 | New Hampshire | $70,495 | $34 |
| 8 | Massachusetts | $70,391 | $34 |
| 9 | Virginia | $69,157 | $33 |
| 10 | New York | $68,497 | $33 |
| 11 | Illinois | $67,136 | $32 |
| 12 | Colorado | $65,736 | $32 |
| 13 | North Carolina | $64,874 | $31 |
| 14 | Minnesota | $64,617 | $31 |
| 15 | Michigan | $64,243 | $31 |
| 16 | Nevada | $63,081 | $30 |
| 17 | Ohio | $63,065 | $30 |
| 18 | Pennsylvania | $62,845 | $30 |
| 19 | Texas | $62,027 | $30 |
| 20 | Kentucky | $61,298 | $29 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Meta | $117,544 | $56.51 | 341 |
| 2 | $108,402 | $52.12 | 75 | |
| 3 | NVIDIA | $107,681 | $51.77 | 16 |
| 4 | Microsoft | $106,059 | $50.99 | 44 |
| 5 | Dropbox | $102,638 | $49.35 | 1 |
| 6 | Apple | $101,507 | $48.80 | 33 |
| 7 | Bed Bath & Beyond | $100,387 | $48.26 | |
| 8 | Cisco | $100,241 | $48.19 | 17 |
| 9 | Chegg | $97,976 | $47.10 | |
| 10 | Nike | $97,971 | $47.10 | 10 |
| 11 | McKinsey & Company Inc | $97,248 | $46.75 | 91 |
| 12 | NRG Energy | $97,112 | $46.69 | 26 |
| 13 | Nalco Holding Company | $96,196 | $46.25 | |
| 14 | Lam Research | $95,169 | $45.75 | 2 |
| 15 | Icma-rc | $93,367 | $44.89 | 1 |
| 16 | Dolby Laboratories | $92,107 | $44.28 | 1 |
| 17 | Zulily | $91,074 | $43.79 | |
| 18 | Tesla | $90,546 | $43.53 | 14 |
| 19 | Addepar | $89,474 | $43.02 | 7 |
| 20 | $88,937 | $42.76 | 4 |
A good business operations analyst job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a business operations analyst job description:
To find business operations analysts for your business, try out a few different recruiting strategies:
To successfully recruit business operations analysts, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.
It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the business operations analyst candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
There are different types of costs for hiring business operations analysts. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new business operations analyst employee.
You can expect to pay around $63,423 per year for a business operations analyst, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business operations analysts in the US typically range between $21 and $42 an hour.