Operations managers are the backbone of every successful company. They are in charge of the team, the company, the finances, the projects, and the overall direction. The success or failure of a product or service delivery depends on the quality of the operations manager. Jobs in operations management are diverse and can pay well. As a crucial member of the management team, the operations manager is responsible for directing strategic human resources initiatives. They also aim to enhance quality, productivity, and efficiency by analyzing and enhancing organizational processes. In addition, the title “chief operating officer” (COO) is sometimes used to describe this person. Read on to know the salary of a sales, average, and business operations manager.
Before discussing their salary, it would be helpful to define what exactly an operations manager is.
Who Is an Operations Manager?
An operations manager is someone who is responsible for the smooth running of a company or organization. If you take on this position, you’ll likely have to juggle a number of responsibilities. Issues with the supply chain and stock levels one day, staffing needs, and financial planning the next.
Furthermore, the work of an operations manager may be demanding, but benefits and salary are substantial if the manager is able to successfully implement changes that improve corporate performance. A competent operations manager ensures that established procedures are adhered to and that staff members work together effectively to identify areas for improvement.
What Does an Operations Manager Do?
Managers in this role are responsible for overseeing the creation of a company’s products or services. Their responsibilities include managing the purchasing, inventory, and production divisions. However, products from the company should always meet or surpass customer expectations. They need to keep the business machine oiled and humming along. Spending plans are monitored by them. Sales and profit targets may be set with their input, depending on the company’s size. They also have a responsibility to ensure that the organization operates in a risk-free environment. In addition, all environmental and safety requirements must be followed.
Leadership, management, and people abilities are required. They should be able to articulate themselves clearly both verbally and in writing. They have an obligation to abide by all of the company’s established practices. Employee performance reviews need to be carried out regularly. Also, they may have to attend meetings with outside parties such as members of the local community, government authorities, and labor union representatives in addition to internal meetings with the company’s staff. They need to stay abreast of developments in the industry as they pertain to the goods and services their company provides. In regard to labor issues, safety requirements, and environmental concerns, they must adhere to ever-evolving government rules and regulations.
An undergraduate degree in management, business, finance, marketing, or a closely related subject is required. An advanced degree, and an MBA in particular, is highly desirable. Relevant job experience is required. But qualified workers already employed by the company may be promoted to operations manager positions. They may be expected to act as a mentor or coach to other employees. They may have to go somewhere if necessary. Also, read OPERATIONS MANAGEMENT: Definition, Types, and Best Practices.
How to Become an Operations Manager
These guidelines can help you get started in a successful career as an operations manager.
#1. Obtain a Degree in an Area That Relates to a Business
In the corporate world, a bachelor’s degree in management or business administration is the standard requirement for most positions. Some 62% of the operations managers listed on Zippia have a bachelor’s degree, while 17% have only an associate’s. You need a well-rounded education that helps you grow not only in soft skills like communication and teamwork but also in hard ones like statistical modeling and leadership. Financial accounting, corporate communication, and management theory are all possible courses that should not be missed.
#2. Participate in the Business Community as a Newcomer
Applicants for the position of operations manager should have prior work experience in a managerial or supervisory capacity. Getting your feet wet in the corporate world with an entry-level position is a great way to gain experience, learn the ropes, and create connections that could be invaluable to your future success. Manager of a retail establishment, customer service agent, analyst of business operations, and project manager are just a few examples of possible job titles.
If you want to learn how to lead others, aim for a managerial position in retail, supply chain, or finance as your career progresses.
#3. Find a Role Model
Mentoring new staff and delivering great leadership will be significant components of your responsibilities in this position. Finding a mentor who can guide you is a great idea if you want to improve your leadership skills and gain a better sense of what it’s like to do the job at the same time. When it comes time for you to look for a leadership position for yourself, this link could be a vitally important one that provides you with the connections you need to succeed.
#4. Make Plans to Pursue a Master’s Degree
While a master’s degree isn’t strictly required, many employers look for them when hiring operations managers. You can get a solid grounding in essential business activities by enrolling in a master’s degree program that offers courses in supply chain management, project management, and business ethics.
#5. Obtain a Certificate
A certificate that is recognized as a benchmark of excellence in your field might help you stand out to prospective employers and increase your chances of landing a job. Among the credentials to look into are:
- Certification in Production and Inventory Management
- International Association for Six Sigma Certification
- Institute of Certified Professional Manager (ICPM) Certified Manager
- Certified Program Management Professional
- ITIL by Axelos.
#6. Improve Your Ability to Lead
The ability to effectively lead others is a crucial skill for every operations manager. The hallmarks of effective leadership include the ability to foresee and remove obstacles to team success, keep a close eye on operations without becoming a micromanager, and take steps to inspire and equip team members to give their all in pursuit of the team’s goals.
Leaders keep workers and teams inspired and provide them with the resources they need to succeed. To ensure smooth operations, they can also deal with delicate concerns and challenges.
#7. Develop Techniques for Overseeing the Supply Chain
A company’s supply network is its lifeblood. As an operations manager, you’ll be responsible for developing and implementing plans to optimize the company’s supply chain while also mitigating the effects of unexpected events. If you want to impress hiring managers, being able to discuss your business acumen and management style is a must.
#8. Acquire Useful Competencies
An operations manager is responsible for a wide variety of tasks. You need a wide range of abilities to run a successful business, from managing inventories and the supply chain to recruiting, training, and adapting business strategy to changing conditions. Some that are worth learning are:
- Rapid decision-making and prioritization skills
- Interpersonal communication
- Being able to see the “big picture”
- Professional judgment.
#9. Update Your CV
To improve your chances of getting hired, tailor your CV to each position you apply for. If you want your CV to make it past the automated system used by potential employers, it’s crucial to include keywords from the job posting, certifications, and professional associations.
#10. Get Yourself Interview-Ready
You should expect to be asked certain important questions designed to evaluate your potential as an operations manager by potential employers. The interviewer may want to know how you would encourage a team member who is resistant to change, or if you have any background in negotiating contracts with vendors. However, preparing ahead of time will give you a sense of accomplishment and self-assurance throughout the interview.
Is Operations Manager a High Position?
The Operations Manager is a high-level post, so a lot of relevant work experience is needed to be considered for the job. While 3-5 years of experience may be sufficient for a small business, a decade or more may be necessary for a large corporation.
What Skills Does a Successful Operations Manager Need to Have?
A company’s operations are crucial to its survival. The operations manager plays a crucial role in the production team in charge of overseeing and managing these activities and divisions. The operations manager is responsible for a wide variety of duties and should be well-rounded in order to succeed in the role.
However, if you want to work in operations management, you need to have specific skills. Mastering the skills described here will make it easier to grasp what it takes to function as an operational manager.
#1. Time Management
One of the most crucial skills for an operations manager is time management because it is essential for leading a team and performing numerous tasks at once. With these managerial skills, you can get your work done on time while keeping your employees happy and producing excellent results. A good operations manager will know their team members well and assign them duties that they can perform efficiently and in a timely manner.
#2. Skill with technology
Some examples of the sorts of technical applications needed for effective operations management include automation, data entry, and software for gaining access to project data, monitoring budgets, and developing procedures. Many businesses and organizations today rely on technological apps for their day-to-day management and automation of company operations, development of client contacts, and monitoring of expenses and revenue generation. Firms rely on a wide range of technical tasks, so it is essential for operational managers to have technical expertise.
#3. Budget Management
Operations managers frequently oversee the company’s production budget, thus they should be fluent in the economics and mathematics of businesses. When it comes to managing the company’s finances, operations managers are in charge of keeping tabs on money coming in and going out, making projections about how much future production will cost and how much profit it will generate, and providing support to finance experts as they draft and submit vital financial statements.
#4. Communication Skills
Strong interpersonal skills are a must for operations managers to effectively interact with coworkers, employees, and other stakeholders. You may regularly need to rely on your writing skills for tasks like transcribing technical data, drafting reports, and interacting with colleagues within your organization. It’s also necessary to hone your listening comprehension, presentation skills, and negotiation techniques, as these are all crucial for fostering team input, leading meetings, and negotiating commercial contracts.
#5. Keep Tabs on Employee Progress
Maintaining a record of each team member’s goals and roadblocks is essential for maximizing long-term productivity. As an operations manager, it is your responsibility to set high standards for your staff and keep them updated on their progress toward those objectives. This will ensure staff growth while also facilitating the monitoring of employee skill levels. To be clear, keeping tabs on and assessing each worker’s performance will provide them with suggestions for improvement, which in turn will benefit the organization as a whole. In addition, the software can also be used to define goals, evaluate performance, and track employee development.
#6. Evaluation of Future Threats
Prior to launching a new project or releasing a brand-new product, it is crucial to identify potential threats and take measures to reduce them. Managers of operations look for potential problems and solutions in every part of their organizations. Your ability to assess the impact of external factors on company operations and devise countermeasures to protect mission-critical processes is fundamental to the success of your organization.
#7. Ability to Lead
One of the most important qualities in a manager of operations is the ability to lead others. Managing across multiple divisions and articulating strategic objectives calls for strong leadership capabilities. When dealing with difficult, contradictory situations, which happen frequently in any organization, an operations manager’s strong leadership presence helps keep the management from stumbling.
Operations Manager Salary
The typical salary for an Operations Manager in the United States is $65,067 per year, with the total compensation for this role coming in at an estimated $96,472 each year. These figures indicate the median, which is the point that lies in the middle of the ranges derived using our in-house developed Total Pay Estimate model and based on the salaries that were submitted by our users. It is estimated that the higher salary will amount to $31,405 per year. Extra compensation could come in the form of a monetary bonus, a commission, tips, or a share of the profits. Also, the values that are indicated by the phrase “Most Likely Range” are those that fall somewhere between the 25th and 75th percentiles of all of the pay information that is currently available for this role.
What Is an Operations Manager Salary Ok?
The typical salary for an Operations Manager in Oklahoma City is $55,860 per year as of the 27th of April, 2023. For the sake of convenience, that comes out to about $26.86 per hour using a basic wage calculator. This works out to $4,655 every month, or $1,074 per week.
Operations Manager salaries in Oklahoma City vary from $41,669 (25th percentile) to $70,345 (75th percentile) on ZipRecruiter, with the highest earners (90th percentile) receiving $89,611 yearly.
There may be many prospects for progression and greater income based on skill level, location, and years of experience for an Operations Manager because the average salary range is so wide (up to $28,676).
However, recent listings on ZipRecruiter indicate a brisk employment market for Operations Managers in and around Oklahoma City, OK.
The Operations Manager salary range on ZipRecruiter was calculated with the use of an algorithm that looked at the company’s database of over a million open positions posted in local American newspapers.
Business Operations Manager Salary
The total compensation for a Business Operations Manager in the United States is expected to be $85,691 a year, with an annual salary of $77,986 as the average pay. These figures indicate the median, which is the point in the middle of the ranges derived using our in-house developed algorithm for estimating total compensation based on the wages submitted by our users.
The additional yearly salary of a business operations manager is anticipated to be $7,705 in total. However, additional compensation may come in the form of a monetary bonus, commission, tips, or a share of the profits. The values that are represented by the “Most Likely Range” are those that can be found between the 25th and 75th percentiles of all of the pay data that is available for this role.
How Much Does a Business Operations Manager Make?
Business Operations Managers in the United States can expect an average salary of $76,477 per year as of Apr 27, 2023.
If you need a quick salary calculator, that comes out to about $36.77 an hour. This works out to $1,470 a week or $6,373 per month.
According to ZipRecruiter, Business Operations Manager salaries vary widely across the United States, from a low of $25,000 to a high of $151,500 per year. The median salary sits at $51,500, the 75th percentile at $90,000, and the 90th percentile at $117,000. There may be many prospects for progression and greater income dependent on skill level, location, and years of experience, as the average salary range for a Business Operations Manager is rather wide (by as much as $38,500).
However, research shows a brisk pace of hiring for Business Operations Manager positions in Dallas and the surrounding area. The average annual salary for a Business Operations Manager in your region is $75,466. This is less than the national average of $76,477 by $1,011. Business operations manager salary in Texas is the sixteenth highest in the United States.
ZipRecruiter regularly checks our database of millions of active jobs published locally throughout America to estimate the most accurate annual salary range for Business Operations Manager jobs.
What Is the Highest Salary for an Operations Manager?
As much as $123,000 per year is on the table for the right Operations Manager position. The operations manager’s responsibilities change depending on whether the company is large or small, for-profit or non-profit, or government-run. Operations managers play a key role in many businesses, ensuring that everything runs smoothly from hiring to firing to training to long-term planning to quality control.
A company’s activities are under the watchful eye of the operations manager. Operations managers, regardless of firm size or industry, are responsible for keeping tabs on employees and external transactions like deliveries and event preparation to maintain optimal productivity and solve any issues that may develop. Here are the top highest salary for an operations manager.
#1. Business Operations Consultant
To boost an organization’s productivity, an operations consultant conducts studies, analyzes data, and models outcomes. To anticipate and solve operational concerns, it is your job to analyze data and assess present procedures; you may also be tasked with overseeing the introduction of new policies. Your role is to improve a business or organization by resolving technical problems within its systems and assisting with the implementation of new operational procedures.
Salary range: $54,500-$123,000 per year.
#2. Chief Operating Engineer
The median annual salary for a Chief Operating Engineer in the United States is now $118,500, with the 25th percentile being $86,000. This modest salary range indicates earnings in this position will be stable regardless of one’s level of expertise, geographic location, or number of years of experience, with some room for growth. Recent posts for Chief Operating Engineer positions on ZipRecruiter suggest a reasonably busy employment market in the United States.
Salary range: $86,000-$118,500 per year.
#3. Operations Engineer
A company’s operations system is maintained by an operations engineer. Primary duties in this field include layout design for heavy machinery, technical support, analysis of machinery, testing, and implementation of improvements. You are to perform research and apply engineering ideas and practices in order to enhance computer systems. You are also responsible for documenting operational procedures and processes, as well as updating systems and repairing machinery to prevent breakdowns. As an operations engineer, it is your job to find ways to save money without sacrificing quality.
Salary range: $71,000-$114,500 per year
Sales Operations Manager Salary
As of the 27th of April, 2023, a Sales Operations Manager in the United States can expect to earn an average salary of $80,819 per year.
In case you’re in the market for a quick salary calculator, that comes out to about $38.86 per hour. This works out to $1,554 a week or $6,734 per month.
While ZipRecruiter reports salaries for Sales Operations Managers ranging from $152,500 to $31,500 per year, the median salary is currently $53,500 (25th percentile), the median salary is $100,000 (75th percentile), and the 90th percentile salary is $132,000. There may be many prospects for progression and greater income dependent on skill level, location, and years of experience since the average salary range for a Sales Operations Manager ranges substantially (by as much as $46,500).
Recent listings on ZipRecruiter indicate a brisk employment market for Sales Operations Managers in Dallas and the surrounding area. The average yearly income for a Sales Operations Manager in your region is $79,751, which is $1,068 (or 1%) lower than the average yearly salary throughout the country of $80,819. When comparing a Sales Operations Manager’s salary across all 50 states, Texas comes in at number 36.
In addition, ZipRecruiter constantly checks its database of millions of active jobs published locally throughout America to estimate the most accurate annual salary range for Sales Operations Manager jobs.
Highest Paying States for Sales and Operations Managers
The average yearly salary for a sales and operations manager in the United States is $103,113, or $49.57 per hour. Sales and operations managers earn an average of $165,362 annually in the Bay Area of California. Starting salaries in San Francisco, California, average $105,000 per year. In addition, in Seattle, New York, Washington, DC, Boston, MA, and Hartford, CT, sales and operations managers earn above-average salaries. Overall, the best-paying states for sales and operations managers are Alaska, California, Washington, New York, Massachusetts, New Jersey, and Nevada. However, sales and operations manager salary is the lowest in Missouri, Indiana, and Kentucky.
Most Common Benefits for Operations Managers
Here are some of the common benefits for operations managers.
- Disability insurance
- Employee assistance program
- Employee discount
- Employee stock purchase plan
- Flexible schedule
- Flexible spending account
- Gym membership
- Health insurance
State-By-State Operations Manager Salary in the United States
Here are the top 5 highest state operations manager salaries in the US.
States | Annual Salary | Month Pay | Weekly Pay | Hourly Wage |
Nevada | $75,235 | $6,269 | $1,446 | $36.17 |
Massachusetts | $74,211 | $6,184 | $1,427 | $35.68 |
Alaska | $71,654 | $5,971 | $1,377 | $34.45 |
Washington | $68,912 | $5,742 | $1,325 | $33.13 |
New York | $67,130 | $5,594 | $1,290 | $32.27 |
Conclusion
As businesses expand internationally, positions in operations have become increasingly important. Supply chains and inventory management are gaining prominence due to the rise of globalization and online commerce. Managing complex operations requires a higher level of expertise, as data and technology become more integral to the process. Salaries are expected to rise in tandem with the rising demand for these talents and people.
Operations Manager Salary FAQs
What Is the Lowest Pay for Operations Managers?
Manager of Operations Salary. 25th percentile salary is $46,500. Below-average salaries are the exception. The 75th percentile is $78 500.
What makes a good Operations Manager?
The goal of any excellent Operations Manager is to increase productivity and morale in the workplace through increased employee involvement. They need to be able to lead, interact with others, and listen attentively. In addition, an effective Operations Manager also has knowledge of and skill in finance, supply chain management, workflow, and personnel management.
Who does an Operations Manager work with?
The COO and other members of management are typically the ones to whom Operations Managers report.
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