The 59-year-old is contracted with the Rugby Football Union until the summer of 2021 and a performance break clause, which would have come into effect had England failed to reach the World Cup semi-finals, has been avoided.
The PA news agency takes a look at what Jones might do next after finishing on the losing side in a final for the second time in his coaching career.
Stay with England
Jones has been clear on his desire to stay with England and could now target another tilt at the World Cup at the 2023 tournament in France. A new contract would need to be negotiated with the RFU if both parties are keen, which they appear to be, with new RFU chief executive Bill Sweeney appearing to have a different perspective than his predecessor Steve Brown, who said a major part of Jones' job after the World Cup was to help find and prepare his successor.
Fiji head coach
Jones told the Sydney Morning Herald earlier this year that he was interested in coaching a tier-two nation such as Germany, but taking the helm at Fiji is understood to be an option. Fiji only won one of their Pool fixtures in Japan, a 45-10 thrashing of Georgia after they were narrowly beaten by Uruguay in their opening match. John McKee is set to coach the side in their November meeting with the Barbarians at Twickenham but could make way for Jones after that.
Return to Japan
Jones may decide to take a less high profile, and less lucrative role, and return to Japan to coach a club. The Australian, whose wife is Japanese, has coached Suntory Sungoliath twice and also worked with Tokai University in his early days.
Jones may fancy a return to club rugby in England after a somewhat disastrous spell at Saracens. Jones had previously worked with the Premiership side as a consultant in 2006 and returned a year later, initially in an advisory role, before becoming director of rugby for the 2008/09 season. However, Jones announced in February 2009 that he would be stepping down at the end of the season for personal reasons before quitting the following month due to unhappiness with the managerial regime, describing the period as "the worst he has had in rugby".