Vice President (VP), Operations Salary

VPs of Operations in the United States can look forward to a sizeable six-figure salary — around $123K per year on average. Final cash compensation to VPs of Operations varies from around $72K to approximately $225K; choice pay grades include potential for bonuses and profit sharing as high as $51K and $35K, respectively. Location is the main element affecting pay for this group — the specific employer and tenure are driving factors as well. The majority of workers are highly satisfied with their job. Male VPs of Operations are more prevalent than women among those who took the survey — 68 percent of professionals. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. This overview is based on answers to PayScale's salary questionnaire.

$70,130 - $194,060
$70K
$120K
$190K
MEDIAN: $122,967
10%
50%
90%

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$13.09 - $61.35
$13
$27
$61
MEDIAN: $27.42
10%
50%
90%

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$0$225K
Salary $70,130 - $194,060
Bonus $2,927 - $51,175
Profit Sharing $0.00 - $34,656
Commission $2,000 - $53,062
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).
)
$72,043 - $225,210
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 5,811
Hourly Data $0$61
Hourly Rate $13.09 - $61.35
Hourly Tips $0.11
Overtime $24.24 - $54.10
Annual Data $0$225K
Bonus $2,927 - $51,175
Commission $2,000 - $53,062
Profit Sharing $0.00 - $34,656
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).
)
$72,043 - $225,210
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 100

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 may experience a large salary bump if they progress into a role such as Senior Vice President of Operations. The latter position pays an average of $182K annually. VPs of Operations most often move into positions as Presidents or Chief Operating Officers; those groups report median salaries that are $19K higher and $5K higher, respectively.

Vice President (VP), Operations Job Listings

Popular Employer Salaries for Vice President (VP), Operations


Well-known firms with a reputation for hiring numerous VPs of Operations include J.P. Morgan Chase & Co. (JPMCC), Citibank, Barclays Capital Inc, Bank of America Corp. (BOFA), and The Goldman Sachs Group, Inc. Xerox Corporation attracts talent by shelling out the biggest paychecks in the area — the median in that office is $158K. Soaring salaries can also be found at State Street Bank, The Goldman Sachs Group, Inc., and J.P. Morgan Chase & Co. (JPMCC), where earnings of $153K, $130K, or $130K are standard for VPs of Operations.

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 25 percent, 22 percent, and 17 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. Most people familiar with Operations Management also know 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: $134,270

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

VPs of Operations will find that Philadelphia offers an impressive pay rate, one which exceeds the national average by 32 percent. VPs of Operations can also look forward to large paychecks in cities like Washington (+29 percent), San Francisco (+20 percent), Houston (+18 percent), and Boston (+16 percent). The smallest paychecks in the market, 19 percent south of the national average, can be found in Tampa. Employers in San Diego and Phoenix also lean toward paying below-median salaries (11 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
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 964 votes.
Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
37%
20 years or more
42%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Operations Salaries

▲16%

▲2%

National Average
$134,000

▼17%

▼31%

Skills That Affect Vice President (VP), Operations Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 964 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
37%
20 years or more
42%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
vision benefits
Vision: 62%
no benefits
None: 13%
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