Vice President (VP), Operations Salary

VPs of Operations in the United States see excellent average salaries — about $122K annually. Cash earnings of VPs of Operations — including $51K in bonuses, $35K in profit sharing proceeds, and $55K in commissions near the top of the pay scale — stretch from approximately $72K to approximately $224K depending on individual performance. The most important factor affecting compensation for this group is geography, followed by the company and experience level. For the most part, VPs of Operations enjoy their work and report high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$69,813 - $193,170
$70K
$120K
$190K
MEDIAN: $122,258
10%
50%
90%

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$14.70 - $61.91
$15
$29
$62
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$80K$160K$240K
Salary
$69,813 - $193,170  
   
Bonus
$2,905 - $50,999  
Profit Sharing
$0.00 - $35,431  
Commission
$3,000 - $54,938  
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).
)
$71,804 - $224,070  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 5,828
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50$100$150
Hourly Rate
$14.70 - $61.91  
   
Hourly Tips
$0.11  
Overtime
$20.61 - $54.94  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$100K$200K$300K
Bonus
$2,905 - $50,999  
   
Commission
$3,000 - $54,938  
Profit Sharing
$0.00 - $35,431  
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).
)
$71,804 - $224,070  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 106

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Vice President (VP), Operations

The vice president of operations assists their company's president with day-to-day operations. These executives develop and implement a variety of strategies to maximize profits while maintaining an acceptable level of quality, as well as work on improving the supply chain to positively impact variables such as cost, quality and delivery time. Vice presidents of operations provide oversight and guidance to subordinates, follow up on projects assigned to staff and stay up to date on their company's research and development efforts. They also need to provide timely feedback and guidance for both subordinates and to fellow executives on operations-related issues.

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Vice President (VP), Operations Tasks

  • Provide leadership for the overall operating performance of the business.
  • Develop, monitor and administer financial program to maintain efficient, quality services.
  • Develop new resources and new revenue streams.
  • Evaluate operational processes and procedures, and develop strategies and implementation plans to improve and standardize all aspects of operations.

Common Career Paths for Vice President (VP), Operations


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VPs of Operations who go on to become Senior Vice Presidents of Operations may see their salaries climb quite a bit. Median pay for Senior Vice Presidents of Operations is $182K annually. Typical career progression for a VP of Operations involves becoming a President or a Chief Operating Officer, roles that pay $20K more and $6K more on average.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


Many VPs of Operations can be found at J.P. Morgan Chase & Co. (JPMCC), Citibank, Barclays Capital Inc, Bank of America Corp. (BOFA), and The Goldman Sachs Group, Inc., firms that are at the top of the field. Those at Xerox Corporation can expect to make the most, with the company offering a median salary of $158K. Also paying near the top of the field are State Street Bank at $153K, The Goldman Sachs Group, Inc. at $130K, and J.P. Morgan Chase & Co. (JPMCC), where VPs of Operations annually earn $130K.

Other low-paying employers include Citibank at $100K and Bank of America Corp. (BOFA) at $102K, though some VPs of Operations there earn up to $164K.

Popular Skills for Vice President (VP), Operations


VPs of Operations seem to exploit a large range of skills on the job. Most notably, facility with Profit & Loss Statements, Lean Manufacturing, and Leadership are correlated to pay that is significantly above average, leading to increases of 26 percent, 23 percent, and 18 percent, respectively. Those listing Human Resources as a skill should be prepared for drastically lower pay. Customer Relationship Management and Project Management also typically command lower compensation. Those educated in Operations Management tend to be well versed in Project Management, Budget Management, and Strategic Planning.

Pay by Experience Level for Vice President (VP), Operations

Pay by Experience for a Vice President (VP), Operations has a positive trend. An entry-level Vice President (VP), Operations with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 703 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Operations with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $111,000 based on 1,278 salaries. An experienced Vice President (VP), Operations which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $137,000 based on 2,844 salaries. A Vice President (VP), Operations with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $155,000 based on 2,295 salaries.

Pay Difference by Location

National Average: $133,187

Larger city markers indicate a job is popular in that location.

Philadelphia is home to an above-average pay rate for VPs of Operations, 33 percent higher than the national average. VPs of Operations will also find cushy salaries in Washington (+30 percent), San Francisco (+21 percent), Houston (+19 percent), and Boston (+17 percent). Trailing the national average by 19 percent, Tampa is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include San Diego (10 percent lower) and Phoenix (9 percent lower).

Vice President (VP), Operations Reviews

Q: What is it like working as a Vice President (VP), Operations?

Vice President (VP), Operations in South Houston:
"Job Satisfaction."
Pros: I like the President and CEO of the company and the senior level management personnel I work with.
Cons: The job I have is stressful in that all of us are expected to sacrifice our time for the better of the company. The hours are long and as soon as one job ends the next job starts. There is a lot of pressure to perform at top levels under less than ideal conditions. Perks are very rare and it seems as if all of the industry accepted benefits of travel (air miles, hotel stays, and rental car usage) are taken by the company and used to save money in future travel. That money savings is passed along to the employees as an end of the year bonus, so it is not all bad. It just seems that other companies allow their employees to keep their travel benefits and still give out bonuses.

Related Job Salaries

Key Stats for Vice President (VP), Operations

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 897 votes.
Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
37%
20 years or more
41%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Operations Salaries

▲17%

▲3%

National Average
$133,000

▼17%

▼31%

Skills That Affect Vice President (VP), Operations Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 897 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
37%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 72%
vision benefits
Vision: 61%
no benefits
None: 13%
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