Regional Vice President (RVP), Operations Salary
Generous salaries abound for Regional Vice Presidents of Operations in the United States, with average pay above six figures ($138K) per year. With some bonuses approaching $51K and certain profit sharing proceeds approaching $25K, overall incomes of Regional Vice Presidents of Operations spread between $101K and $230K depending on individual performance. Location and career duration each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and most collect dental insurance. Making up 78 percent of those who took the survey, male Regional Vice Presidents of Operations greatly outnumber their female counterparts. Work is enjoyable for Regional Vice Presidents of Operations, who typically claim high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.
|Salary||$97,781 - $192,723|
|Bonus||$4,975 - $51,243|
|Profit Sharing||$0.00 - $25,403|
|Total Pay (||$101,049 - $229,910|
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 is somewhat unusual to come across Regional Vice Presidents of Operations who move on to become Senior Vice Presidents of Operations, but it does happen from time to time, and the median salary for that position sits slightly higher at $182K. A lot of Regional Vice Presidents of Operations advance their careers by becoming VPs of Operations and Presidents. However, those positions offer $33K less and $3K less per year on average.
Regional Vice President (RVP), Operations Job Listings
Popular Skills for Regional Vice President (RVP), Operations
Regional Vice Presidents of Operations report using a pretty varied skill set on the job. 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 pay less than market rate include Profit & Loss Statements, Sales Management, and People Management. The majority of those who know Business Development also know Organizational Development.
Pay by Experience Level for Regional Vice President (RVP), Operations
Pay by Experience for a Regional Vice President (RVP), Operations has a positive trend. An entry-level Regional Vice President (RVP), Operations with less than 5 years of experience can expect to earn an average total compensation of $147,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regional Vice President (RVP), Operations with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $153,000 based on 37 salaries. An experienced Regional Vice President (RVP), Operations which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $155,000 based on 111 salaries. A Regional Vice President (RVP), Operations with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $161,000 based on 104 salaries.
Pay Difference by Location
Home to some of the best pay for Regional Vice Presidents of Operations, San Francisco offers exceptional salaries, 22 percent above the national average. Regional Vice Presidents of Operations will also find cushy salaries in Denver (+18 percent), Orlando (+13 percent), New York (+9 percent), and Los Angeles (+8 percent). One of the biggest compensable factors for Regional Vice Presidents of Operations is geography, with workers in San Diego earning a whopping 25 percent below the national average. Below-median salaries also turn up in Washington and Jacksonville (16 percent lower and 15 percent lower, respectively).
Regional Vice President (RVP), Operations Advice
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