Sr. Operations Manager Salary
Senior Operations Managers in the United States with more than 10 years of experience in their profession represent two in three of Senior Operations Managers. Salaries average out to around $89K per year and spread from $57K to $146K per year. In the world of Senior Operations Managers, overall cash allowance can occasionally include more than $24K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $57K and $146K. Compensation for this group is mainly affected by the company, but the particular city and tenure are influential factors as well. A large number report receiving medical coverage from their employers and most collect dental insurance. Work is enjoyable for Senior Operations Managers, who typically claim high levels of job satisfaction. More than half of Senior Operations Managers (65 percent) survey respondents are men. The data for this synopsis comes from respondents who took the PayScale salary survey.
Job Description for Sr. Operations Manager
A senior operations manager provides oversight to a team of employees, providing training and oversight to ensure a company's operations run smoothly. They implement procedures, provide information to supervisors such as senior vice presidents, and generate ideas to help increase productivity. They must provide constructive feedback to the employees underneath them, as well as positively receive feedback from supervisors and incorporate it into their work. The senior operations manager typically works during regular business hours, although they may need to work nights and weekends due to their employer's needs.Read More...
A senior operations manager needs a bachelor's degree, and a master's degree is usually preferred. Usually three to eight years of experience is required. A knowledge of the company's field and excellent communication skills are required
Sr. Operations Manager Tasks
- Direct daily activities to meet efficiency and profit goals.
- Lead and shape new initiatives to meet organizational goals.
- Negotiate and monitor specific budgets, controlling costs where possible.
- Guide hiring, management, and scheduling of employees to meet key needs.
Common Career Paths for Sr. Operations Manager
Senior Operations Managers may progress into high-paying roles like VP of Operations, where median compensation is $124K annually. Senior Operations Managers most often move into Director of Operations or Operations Director roles. However, the former pays $5K less on average, and the latter pays $10K less.
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Popular Employer Salaries for Sr. Operations Manager
Amazon.com Inc leads the field in terms of pay, with a median salary of $150K.
Bank of America Corp. (BOFA) offers the lowest pay in the industry by far, with a median salary just about half of the top paying company's median ($83K).
Popular Skills for Sr. Operations Manager
Survey takers working as Senior Operations Managers report using a large range of professional skills. Most notably, skills in Process Improvement, Team Leadership, Budget Management, and Leadership are correlated to pay that is above average, with boosts between 7 percent and 14 percent. Those listing Logistics as a skill should be prepared for drastically lower pay. Customer Service and Customer Relationship Management also typically command lower compensation. Those educated in Operations Management tend to be well versed in Project Management.
Pay by Experience Level for Sr. Operations Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Senior Operations Managers with a lot of experience tend to enjoy higher earnings. People who have worked for fewer than five years bring home $71K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $84K. Between one and two decades on the job, average salaries pass the six-figure mark at around $103K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $114K.
Pay Difference by Location
Senior Operations Managers will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 25 percent. Senior Operations Managers will also find cushy salaries in Seattle (+25 percent), Austin (+21 percent), Charlotte (+21 percent), and Houston (+19 percent). Senior Operations Managers in Washington earn salaries far below the national average by 22 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Employers also pay below the national average in Indianapolis (11 percent lower) and Chicago (10 percent lower).
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Key Stats for Sr. Operations Manager
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