Regional Vice President (RVP), Operations Salary
Regional Vice Presidents of Operations enjoy a hefty income, with average pay passing six figures ($139K) annually in the United States. Total cash earnings of Regional Vice Presidents of Operations range from $101K on the low end to $227K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $52K and $25K, respectively. Location and career length each impact pay for this group, with the former having the largest influence. Medical benefits are awarded to almost all, and a large number earn dental coverage. The majority of Regional Vice Presidents of Operations claim high levels of job satisfaction. Making up 78 percent of those who took the survey, male Regional Vice Presidents of Operations greatly outnumber their female counterparts.
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|Salary||$98,076 - $191,097|
|Bonus||$4,530 - $51,712|
|Profit Sharing||$0.00 - $25,434|
|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).)
|$100,855 - $227,233|
Job Description for Regional Vice President (RVP), Operations
Regional vice president (RVP) of operations positions are available in many industries and corporations, but a high concentration of these jobs are found in the healthcare industry. This executive's exact duties are highly dependent on the specific industry in which they work and its products or services. However, they generally work underneath the assistant vice president (AVP) to establish standards, policies, and procedures for budgets and business plans. This is communicated to employees, as well as specific plans for marketing and sales; additionally, the RVP of operations must work with employees to maximize organizational efficiency. Daily duties performed by the RVP of operations include generating census reports and tracking goals and performance variables, and meeting with employees and supervisors.Read More...
RVPs of operations generally work indoors during regular business hours, although overtime may occasionally be required depending on the needs of the organization. Some teleconferencing and/or travel to remote locations may be necessary. RVPs of operations work in close communication with other executives and lower-level employees. They may use some specific software for tracking organizational goals, and basic computer proficiency is often needed.
To qualify for RVP of operations positions, extensive work experience - including within the industry's field - is generally required; this usually includes a minimum of five years in management or administrative roles, and it may require a specialized work history. Educational requirements usually include at least a bachelor’s degree in a related field such as business administration, but more advanced degrees often receive preference. Other industry-related requirements may be necessary as well.
Regional Vice President (RVP), Operations Tasks
- Oversee all regional projects, including staff and client relations.
- Create and communicate organization vision and product/service offerings internally and externally.
- Enforce standards and regulations for all sites, staff, and contractors in the region.
- Monitor budgets, profit, and loss, and alter strategies according to circumstances.
Common Career Paths for Regional Vice President (RVP), Operations
It doesn't happen often, but some Regional Vice Presidents of Operations do move on to become Senior Vice Presidents of Operations. The average pay for that role is slightly higher at $182K per year. Regional Vice Presidents of Operations most often move into positions as VPs of Operations or Presidents. VPs of Operations actually earn $34K less on average, however, and Presidents earn $4K less per year than Regional Vice Presidents of Operations do.
Regional Vice President (RVP), Operations Job Listings
Popular Skills for Regional Vice President (RVP), Operations
Survey results show that Regional Vice Presidents of Operations use a fair number of skills. Most notably, facility with Strategic Planning and Business Development are correlated to pay that is significantly above average, leading to increases of 21 percent and 12 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Profit & Loss Statements, Sales Management, and People Management. Those educated in Business Development tend to be well versed in Organizational Development.
Pay by Experience Level for Regional Vice President (RVP), Operations
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Regional Vice Presidents of Operations, more experience in the field does not usually mean bigger paychecks. Even the relatively untried can take home bulky six-figure salaries; employees who have worked for fewer than five years report earning $147K on average. The average pay reported by folks with 10 to 20 years of experience is around $155K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $161K.
Pay Difference by Location
Regional Vice Presidents of Operations will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 21 percent. Regional Vice Presidents of Operations will also find cushy salaries in Denver (+17 percent), Orlando (+13 percent), New York (+8 percent), and Los Angeles (+8 percent). Location is a huge contributor to overall pay, with Regional Vice Presidents of Operations in San Diego earning a whopping 25 percent below the national average. Workers in Washington and Jacksonville earn salaries that trail the national average for those in this profession (16 percent less and 15 percent less, respectively).
Regional Vice President (RVP), Operations Advice
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Key Stats for Regional Vice President (RVP), Operations
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