Average pay for VPs of Operations in the United States is more than reasonable, with annual salaries pushing past the six-figure mark ($121K). With some bonuses approaching $51K and certain profit sharing proceeds approaching $32K, overall incomes of VPs of Operations spread between $72K and $222K depending on individual performance. The most influential factor affecting pay for this group is the specific employer, though career duration and geography have a (lesser) impact as well. Medical benefits are awarded to most, and a strong majority earn dental coverage. Job satisfaction is high and work is enjoyable for most VPs of Operations. Most VPs of Operations survey respondents are men (70 percent). This overview is based on answers to PayScale's salary questionnaire.

$69,349 - $190,416
(Median)
$69K
$120K
$190K
MEDIAN: $121,040
10%
50%
90%

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$14.51 - $61.07
(Median)
$15
$31
$61
MEDIAN: $31.00
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
$69,349 - $190,416  
   
Bonus
$2,962 - $50,736  
Profit Sharing
$0.00 - $32,438  
Commission
$1,462 - $56,066  
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).
)
$71,967 - $221,718  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 5,614
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
$14.51 - $61.07  
   
Overtime
$20.43 - $86.29  
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
$2,962 - $50,736  
   
Commission
$1,462 - $56,066  
Profit Sharing
$0.00 - $32,438  
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).
)
$71,967 - $221,718  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 92
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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

  • 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.
  • Provide leadership for the overall operating performance of the business.
  • Develop, monitor and administer financial program to maintain efficient, quality services.

Common Career Paths for Vice President (VP), Operations


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For VPs of Operations, progressing to an Executive Vice President of Worldwide Operations role may result in a significant raise. On average, an Executive Vice President of Worldwide Operations can earn $184K annually. 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 $21K and $6K, respectively.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


J.P. Morgan Chase & Co. (JPMCC), The Goldman Sachs Group, Inc., Citibank, Barclays Capital Inc, and Bank of America Corp. (BOFA) are some prominent firms with considerable interest in employing a large team of VPs of Operations. Xerox Corporation leads the field in terms of pay, with a median salary of $158K. Also paying near the top of the field are State Street Bank at $151K, The Goldman Sachs Group, Inc. at $130K, and J.P. Morgan Chase & Co. (JPMCC), where VPs of Operations annually earn $129K.

Others at the bottom of the scale for this job include Citibank at $100K, and Bank of America Corp. (BOFA) where $107K 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 results imply that VPs of Operations deploy a substantial tool kit of skills at work. Most notably, facility with Lean Manufacturing, Leadership, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 27 percent, 22 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 familiar with Operations Management also tend to know 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.


Experience seems to be a major factor in determining the incomes of VPs of Operations. Although inexperienced employees take home approximately $93K, those who have five to 10 years under their belts benefit from a six-figure median of $111K. The average pay reported by folks with 10 to 20 years of experience is around $134K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $154K.

Pay Difference by Location

National Average: $132,153

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

Surpassing the national average by 26 percent, VPs of Operations in San Francisco receive some of the highest pay in the country. VPs of Operations can also look forward to large paychecks in cities like Washington (+25 percent), Houston (+17 percent), New York (+15 percent), and Atlanta (+14 percent). Tampa is the lowest-paying area, 17 percent south of the national average. Employers also pay below the national average in San Diego (7 percent lower) and Austin (6 percent lower).

Vice President (VP), Operations Reviews

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.

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Experience Affects Vice President (VP), Operations Salaries



National Average
$132,000



Skills That Affect Vice President (VP), Operations Salaries





Budget Management
up arrow 1%

Financial Analysis
up arrow 1%

National Average
$132,000

Operations Management
up arrow 1%

Business Strategy
up arrow 4%

Business Development
up arrow 4%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 815 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
38%
20 years or more
41%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
medical benefits
Vision: 60%
dental benefits
None: 13%
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