Vice President (VP), Operations Salary

Salaries for VPs of Operations in the United States are generous, with average pay above six figures ($116K) per year. In the world of VPs of Operations, total cash compensation ranges from $68K on the lower end to $209K on the higher end; this includes bonuses that reach $49K and profit sharing that approaches $31K in rare cases, with some high rollers snagging commissions as high as $50K. This group's pay is mainly influenced by the company, followed by career duration and geography. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most VPs of Operations survey respondents are men (74 percent). Most VPs of Operations like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.

$64,990 - $178,618
(Median)
$65K
$120K
$180K
MEDIAN: $116,234
10%
50%
90%

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$14.75 - $60.82
(Median)
$15
$26
$61
MEDIAN: $26.00
10%
50%
90%

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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
$64,990 - $178,618  
   
Bonus
$1,548 - $48,887  
Profit Sharing
$1,036 - $30,928  
Commission
$0.00 - $49,777  
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).
)
$68,249 - $208,840  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 7,753
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
$14.75 - $60.82  
   
Overtime
$0.00 - $61.53  
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
$1,548 - $48,887  
   
Commission
$0.00 - $49,777  
Profit Sharing
$1,036 - $30,928  
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).
)
$68,249 - $208,840  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 120
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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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VPs of Operations may experience a large salary bump if they progress into a role such as Executive Vice President of Worldwide Operations. The latter position pays an average of $181K annually. It is quite typical for VPs of Operations to transition into roles as Presidents or Chief Operating Officers, where reported median earnings are $24K and $10K higher per year.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


J.P. Morgan Chase & Co. (JPMCC), Morgan Stanley, The Goldman Sachs Group, Inc., Citibank, and Bank of America Corp. (BOFA) are some prominent firms with considerable interest in employing a large team of VPs of Operations. Xerox Corporation offers the largest salaries in town — $158K on average. Other employers shelling out big bucks include The Goldman Sachs Group, Inc., State Street Corporation, and J.P. Morgan Chase & Co. (JPMCC), where VPs of Operations typically earn around $152K, $130K, or $127K, respectively.

Known for its small paychecks, Citigroup, Inc. actually ranks last in the field for salary, reporting a median income of $87K — about half the top paying employer's rate. Others at the bottom of the scale for this job include Citibank at $91K, and Bank of America Corp. (BOFA) where $104K is the norm, but it is worth noting that some VPs of Operations there earn up to $159K.

Popular Skills for Vice President (VP), Operations


VPs of Operations seem to exploit a large range of skills on the job. Most notably, skills in Lean Manufacturing, Leadership, Strategic Planning, and Team Leadership are correlated to pay that is above average, with boosts between 15 percent and 19 percent. Those listing Accounting as a skill should be prepared for drastically lower pay. Human Resources and Sales Management also typically command lower compensation. The majority of those who know Operations Management also 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 is an important factor influencing the compensation of VPs of Operations. Although individuals who have less than five years' experience earn $89K on average, people with five to 10 years benefit from a notably larger average of $108K. VPs of Operations see a median salary of $131K after reaching one to two decades on the job. 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 $147K.

Pay Difference by Location


VPs of Operations will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 41 percent. VPs of Operations can also look forward to large paychecks in cities like Boston (+24 percent), Washington (+18 percent), Houston (+18 percent), and Los Angeles (+16 percent). With compensation 3 percent below the national average, Charlotte is not known for hefty paychecks and actually represents the lowest-paying market.

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Experience Affects Vice President (VP), Operations Salaries



National Average
$127,000



Skills That Affect Vice President (VP), Operations Salaries





Budget Management
up arrow 4%

Business Development
up arrow 1%

National Average
$127,000

Operations Management
up arrow 2%

Financial Analysis
up arrow 2%

Process Improvement
up arrow 2%







Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1479 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
0%
1-4 years
8%
5-9 years
14%
10-19 years
38%
20 years or more
40%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 72%
vision benefits Vision: 57% employee benefits None: 11%
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