Vice President (VP), Operations Salary

On average, VPs of Operations in the United States earn six-figure salaries ($122K) annually, making for a very well-paid profession. Total cash earnings of VPs of Operations range from $72K on the low end to $223K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $51K and $36K, respectively. Earnings for this group are mostly affected by geography, followed by the specific employer and tenure. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The majority of VPs of Operations claim high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$69,301 - $192,361
$69K
$120K
$190K
MEDIAN: $122,096
10%
50%
90%

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$14.45 - $61.77
$14
$30
$62
MEDIAN: $30.06
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
$69,301 - $192,361  
   
Bonus
$2,914 - $51,078  
Profit Sharing
$0.00 - $36,279  
Commission
$1,510 - $53,638  
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).
)
$71,668 - $223,404  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 5,503
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
$14.45 - $61.77  
   
Hourly Tips
$0.11  
Overtime
$20.13 - $56.62  
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
$2,914 - $51,078  
   
Commission
$1,510 - $53,638  
Profit Sharing
$0.00 - $36,279  
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).
)
$71,668 - $223,404  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 97

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' salaries may rise greatly for those who assume a higher-end position such as a Senior Vice President of Operations. The average Senior Vice President of Operations brings home $182K per year. When VPs of Operations are ready for the next step in their careers, they often become Presidents or Chief Operating Officers. Those roles pay an additional $20K and $6K, respectively.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


VPs of Operations flock to J.P. Morgan Chase & Co. (JPMCC), Citibank, Barclays Capital Inc, Bank of America Corp. (BOFA), and The Goldman Sachs Group, Inc., highly regarded companies that employ a generous number of people in this profession. Xerox Corporation offers the highest compensation with a median salary of $158K. Those in search of high salaries should also consider State Street Bank, The Goldman Sachs Group, Inc., and J.P. Morgan Chase & Co. (JPMCC), top-paying firms where VPs of Operations rake in a massive $153K, $130K, or $130K, respectively.

Others at the bottom of the scale for this job include Citibank at $100K, and Bank of America Corp. (BOFA) where $102K is the norm, but it is worth noting that some VPs of Operations there earn up to $164K.

Popular Skills for Vice President (VP), Operations


Survey takers working as VPs of Operations report using a large range of professional skills. 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 proficient in Operations Management are, more often than not, also skilled in Project Management, Budget Management, and Strategic Planning.

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

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many VPs of Operations, more experience generally translates to higher pay. Although employees with less than five years' experience earn around $92K on average, the five-to-10 year group has a much higher, six-figure median of $111K. The average pay reported by folks with 10 to 20 years of experience is around $137K. People who have worked for more than 20 years report a median income of $155K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $133,128

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

Home to some of the best pay for VPs of Operations, Philadelphia offers exceptional salaries, 33 percent above the national average. VPs of Operations can also look forward to large paychecks in cities like Washington (+30 percent), San Francisco (+21 percent), Houston (+19 percent), and Boston (+17 percent). Tampa is the lowest-paying area, 19 percent south of the national average. Below-median salaries also turn up in San Diego and Phoenix (10 percent lower and 9 percent lower, respectively).

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
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 816 votes.
Less than 1 year
1%
1-4 years
8%
5-9 years
14%
10-19 years
37%
20 years or more
41%
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 816 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
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%
dental benefits
None: 13%
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