Regional Vice President (RVP), Operations Salary
Regional Vice Presidents of Operations in the United States take home an average $139K annually. Total cash earnings of Regional Vice Presidents of Operations range from $106K on the low end to $230K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $51K and $26K, respectively. Location is the biggest factor affecting pay for this group, followed by tenure. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Generally, women make up less than a third of all Regional Vice Presidents of Operations who answered the questionnnaire. The majority of Regional Vice Presidents of Operations claim high levels of job satisfaction.
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
- Enforce standards and regulations for all sites, staff, and contractors in the region.
- Monitor budgets, profit, and loss, and alter strategies according to circumstances.
- Oversee all regional projects, including staff and client relations.
- Create and communicate organization vision and product/service offerings internally and externally.
Common Career Paths for Regional Vice President (RVP), Operations
For Regional Vice Presidents of Operations, advancing into a Senior Vice President of Operations role, for which the median salary is $180K, is not common but it does happen. Regional Vice Presidents of Operations most often move into positions as VPs of Operations or Presidents. VPs of Operations actually earn $32K less on average, however, and Presidents earn $3K less per year than Regional Vice Presidents of Operations do.
Regional Vice President (RVP), Operations Job Listings
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Popular Skills for Regional Vice President (RVP), Operations
Regional Vice Presidents of Operations report using a wide range of professional skills. Most notably, facility with Strategic Planning and Business Development are correlated to pay that is significantly above average, leading to increases of 22 percent and 13 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Profit & Loss Statements, Sales Management, and People Management. Most people familiar with Business Development also know 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, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Large paychecks, which sit comfortably in the six-figure range, are handed out almost immediately; professionals who have less than five years' experience report earning a median of $130K per year. On average, Regional Vice Presidents of Operations make $151K following one to two decades on the job. After two decades in the workforce, the average Regional Vice President of Operations generally earns more than ever; median pay for this group is estimated at $164K.
Pay Difference by Location
For Regional Vice Presidents of Operations, San Francisco provides a pay rate that is 23 percent greater than the national average. Regional Vice Presidents of Operations can also look forward to large paychecks in cities like Philadelphia (+22 percent), Denver (+18 percent), Orlando (+14 percent), and Chicago (+11 percent). One of the biggest compensable factors for Regional Vice Presidents of Operations is geography, with workers in San Diego earning a whopping 24 percent below the national average. Not at the bottom but still paying below the median are employers in Boston and Washington (17 percent lower and 16 percent lower, respectively).