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Vice President (VP), Operations Salary

Generous salaries abound for VPs of Operations in the United States, with average pay above six figures ($126K) per year. Overall compensation packages to VPs of Operations range from $66K on the low end to $207K on the high end; this includes bonuses that peak near $49K and profit sharing that approaches $30K, with some high rollers snagging commissions as high as $50K. Career duration is the biggest factor affecting pay for this group, followed by geography and the particular employer. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Most workers in this position report high levels of job satisfaction. Most VPs of Operations survey respondents are men (74 percent). The numbers in this rundown were provided by PayScale's salary survey participants.
$62,971 - $176,324
(Median)
$63K
$110K
$180K
MEDIAN: $113,993
10%
50%
90%

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$14.91 - $64.54
(Median)
$15
$27
$65
MEDIAN: $26.00
10%
50%
90%

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Show Annual Salary Show Hourly Rate
National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$62,971 - $176,324  
   
Bonus
$1,930 - $48,533  
Profit Sharing
$1,445 - $30,161  
Commission
$0.00 - $50,449  
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).
)
$66,189 - $206,510  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 7,500
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$14.91 - $64.54  
   
Overtime
$0.00 - $59.29  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$1,930 - $48,533  
   
Commission
$0.00 - $50,449  
Profit Sharing
$1,445 - $30,161  
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).
)
$66,189 - $206,510  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 113
United States (change)

Job Description for Vice President (VP), Operations

Vice presidents (VP) of operations play important executive roles in many different industries. Their primary goal is to increase revenue for a company and improve/oversee operations. They preside over managers of operations and are leaders over entire departments.

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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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As VPs of Operations transition into upper-level roles such as Executive Vice President of Worldwide Operations, they may see a strong upturn in salary. Executive VPs of Worldwide Operations on average earn $183K per year. Career advancement for the typical VP of Operations often leads to becoming a President or a Chief Operating Officer; median salaries in these positions are $26K higher and $11K higher, respectively.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


VPs of Operations fill the offices of leading firms J.P. Morgan Chase & Co. (JPMCC), Bank of America Corp. (BOFA), Morgan Stanley, Citigroup, Inc., and Barclays Capital Inc. For VPs of Operations, comfortable salaries can be found at State Street Corporation; in fact, median earnings sit around $130K, the highest in the area. J.P. Morgan Chase & Co. (JPMCC), Barclays Capital Inc, and Morgan Stanley are a few other companies that offer generous salaries, with VPs of Operations earning around $122K, $121K, or $111K at each firm, respectively.

Offering a median salary of only $87K, Citigroup, Inc. pays the least. Not only that, but the earnings range of $61K to $145K is pretty narrow, too. Others at the bottom of the scale for this job include Citibank at $93K, and Bank of America Corp. (BOFA) where $106K is the norm, but it is worth noting that some VPs of Operations there earn up to $157K.

Popular Skills for Vice President (VP), Operations


Survey participants wield an impressively varied skill set on the job. Lucky workers who know Lean Manufacturing can expect a significant pay bump, scoring salaries 21 percent above average. Leadership and Team Leadership are also correlated to pay that is above average, with increases between 16 percent and 21 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Human Resources and Sales Management also typically command lower compensation. Most people who know Operations Management also know People 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.


VPs of Operations with a lot of experience tend to enjoy higher earnings. In this occupation, salaries for the relatively untested average out to $88K, but folks in the five-to-10 year range enjoy a much heftier median of $107K. VPs of Operations with one to two decades of relevant experience report an average salary of approximately $131K. VPs of Operations with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $146K.

Pay Difference by Location


San Francisco offers some of the highest pay in the country for VPs of Operations, 35 percent above the national average. VPs of Operations can also look forward to large paychecks in cities like Boston (+26 percent), Houston (+20 percent), Los Angeles (+19 percent), and Washington (+16 percent). Phoenix is the lowest-paying area, 6 percent south of the national average.

Related Job Salaries

Experience Affects Vice President (VP), Operations Salaries



National Average
$126,000



Skills That Affect Vice President (VP), Operations Salaries

Lean Manufacturing
up arrow 21%





Business Development
up arrow 4%

National Average
$126,000

Financial Analysis
up arrow 2%

Process Improvement
up arrow 2%

Operations Management
up arrow 3%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1735 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
13%
10-19 years
38%
20 years or more
40%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 71%
vision benefits Vision: 56% employee benefits None: 11%