Operations Research Salary in Madison, Wisconsin

How much does an Operations Research make?

As of December 01, 2024, the average annual pay of Operations Research in Madison, WI is $119,082. While Salary.com is seeing that Operations Research salary in Madison, WI can go up to $144,874 or down to $94,913, but most earn between $106,431 and $132,582. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Operations Research in the United States.

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Salary range for an Operations Research

$106,431 to $132,582

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What is an Operations Research?

Operations Research analysts use advanced mathematical and analytical methods to help organizations solve complex problems and make better decisions. They collect and analyze data, develop mathematical models, and use optimization techniques to improve processes, reduce costs, and increase efficiency. They work closely with management and other stakeholders to identify opportunities for improvement and provide recommendations for implementing solutions. Operations Research analysts may work in a variety of industries, including manufacturing, logistics, healthcare, and finance, and they often use computer software and programming languages to conduct their analyses. Strong analytical and problem-solving skills, as well as a solid understanding of mathematical and statistical concepts, are essential for success in this role.

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Job Openings for Operations Research in Madison, WI

What does an Operations Research do?

Common responsibilities of an Operations Research

Providing training and support to staff on the use of operations research tools and techniques.

September 02, 2023

Utilizing simulation and forecasting techniques to predict future outcomes and make informed business decisions.

September 03, 2023

Presenting findings and recommendations to senior management to support informed decision-making.

September 10, 2023

Developing and implementing optimization models to improve operational efficiency and decision-making processes.

September 11, 2023

Analyzing and solving complex business problems using mathematical and statistical techniques.

September 16, 2023

Collaborating with cross-functional teams to develop and implement strategies for process improvement and cost reduction.

September 30, 2023

Designing and implementing decision support systems to assist in strategic planning and resource allocation.

October 06, 2023

Conducting risk analysis and developing strategies to mitigate potential operational risks.

October 19, 2023

Conducting data analysis and interpretation to identify trends and patterns in business operations.

November 10, 2023

Evaluating and recommending technology solutions to improve operational processes and data management.

November 23, 2023

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Operations Research Salary By Experience Levels in Madison, WI

How much should you be earning in Operations Research in Madison, WI based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Operations Research Salary By Level of Education in Madison, WI

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LEVEL OF EDUCATION

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Average Salary Range for Operations Research in Madison, WI

Average Base Salary

Core compensation

106431

132582

119082

Average Total Cash Compensation

Includes base and annual incentives

114505

145908

130047

What is the average salary for Operations Research in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Operations Research in Madison, WI. The base salary for Operations Research ranges from $106,431 to $132,582 with the average base salary of $119,082. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $114,505 to $145,908 with the average total cash compensation of $130,047.

View Average Salary for Operations Research as table

	Average Salary	Average Salary Range
Base Salary	$119,082	$106,431 - $132,582
Bonus	$10,965	$8,074 - $13,326
Total Pay	$130,047	$114,505 - $145,908

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Operations Research Salary Near Madison, WI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Madison, WI
CITY, STATE Janesville, WI	AVERAGE SALARY RANGE $105,443 - $131,351	COMPARE TO Madison, WI
CITY, STATE Rockford, IL	AVERAGE SALARY RANGE $106,410 - $132,555	COMPARE TO Madison, WI
CITY, STATE Waukesha, WI	AVERAGE SALARY RANGE $106,535 - $132,712	COMPARE TO Madison, WI
CITY, STATE Milwaukee, WI	AVERAGE SALARY RANGE $106,938 - $133,214	COMPARE TO Madison, WI
CITY, STATE Oshkosh, WI	AVERAGE SALARY RANGE $103,006 - $128,316	COMPARE TO Madison, WI
CITY, STATE Dubuque, IA	AVERAGE SALARY RANGE $101,995 - $127,056	COMPARE TO Madison, WI

See salaries for Operations Research in locations close to Madison, WI. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Madison, Wisconsin

Madison is located in the center of Dane County in south-central Wisconsin, 77 miles (124 km) west of Milwaukee and 122 miles (196 km) northwest of Chicago. The city completely surrounds the smaller Town of Madison, the City of Monona, and the villages of Maple Bluff and Shorewood Hills. Madison shares borders with its largest suburb, Sun Prairie, and three other suburbs, Middleton, McFarland, and Fitchburg. Other suburbs include the city of Verona and the villages of Cottage Grove, DeForest, and Waunakee as well as Mount Horeb, Oregon, Stoughton, and Cross Plains among others. According to th...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Operations Research Analysis Manager	LOCATION Madison, WI	MINIMUM SALARY $152,316	MAXIMUM SALARY $217,400
JOB TITLE Operations Research Analysis Supervisor	LOCATION Madison, WI	MINIMUM SALARY $111,860	MAXIMUM SALARY $148,093
JOB TITLE Operations Research Analyst	LOCATION Madison, WI	MINIMUM SALARY $60,756	MAXIMUM SALARY $79,633
JOB TITLE Operations Research Scientist	LOCATION Madison, WI	MINIMUM SALARY $83,453	MAXIMUM SALARY $106,735
JOB TITLE Research Operations Manager	LOCATION Madison, WI	MINIMUM SALARY $155,992	MAXIMUM SALARY $219,552
JOB TITLE Research Operations Coordinator	LOCATION Madison, WI	MINIMUM SALARY $66,449	MAXIMUM SALARY $84,695

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