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Vice President (VP), Operations Salary

VPs of Operations in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $116K) surpassing six figures annually. Bonuses, profit sharing, and commission all factor into final incomes for VPs of Operations. Ranging between $67K near the bottom and $209K near the top, total earnings can include up to $49K from bonuses and up to $31K from profit sharing, with a high-performing minority reaping commissions of $51K. The company is the biggest factor affecting pay for this group, followed by experience level and geography. Making up 74 percent of those who took the survey, male VPs of Operations greatly outnumber their female counterparts. Medical benefits are awarded to most, and a strong majority earn dental coverage. Job satisfaction is reported as high by the vast majority of workers. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$64,125 - $178,798
(Median)
$64K
$120K
$180K
MEDIAN: $115,896
10%
50%
90%

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$14.60 - $61.46
(Median)
$15
$26
$61
MEDIAN: $25.00
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
$64,125 - $178,798  
   
Bonus
$1,784 - $49,052  
Profit Sharing
$1,161 - $31,209  
Commission
$0.00 - $50,565  
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).
)
$67,305 - $209,440  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 7,666
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
$14.60 - $61.46  
   
Overtime
$0.00 - $63.75  
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
$1,784 - $49,052  
   
Commission
$0.00 - $50,565  
Profit Sharing
$1,161 - $31,209  
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).
)
$67,305 - $209,440  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 117

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United States (change)


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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' salaries may rise greatly for those who assume a higher-end position such as an Executive Vice President of Worldwide Operations. The average Executive Vice President of Worldwide Operations brings home $184K per year. It is quite typical for VPs of Operations to transition into roles as Presidents or Chief Operating Officers, where reported median earnings are $25K and $11K higher per year.

Vice President (VP), Operations Job Listings

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Popular Employer Salaries for Vice President (VP), Operations


Known for taking on a considerable number of VPs of Operations, J.P. Morgan Chase & Co. (JPMCC), Morgan Stanley, The Goldman Sachs Group, Inc., Bank of America Corp. (BOFA), and Citibank are leading firms in the industry. Those at Xerox Corporation can expect to make the most, with the company offering a median salary of $158K. The Goldman Sachs Group, Inc., State Street Corporation, and J.P. Morgan Chase & Co. (JPMCC) are a few other companies that offer generous salaries, with VPs of Operations earning around $152K, $130K, or $127K at each firm, respectively.

Earnings fall especially short at Citigroup, Inc., where the median salary of $88K is the lowest in the field, 80 percent less than the top paying company. 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 report using a large range of skills on the job. Most notably, facility with Lean Manufacturing, Leadership, and Strategic Planning are correlated to pay that is significantly above average, leading to increases of 20 percent, 18 percent, and 14 percent, respectively. 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 skilled in Operations Management are similarly competent 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.


VPs of Operations with a rich background of experience are typically rewarded with larger paychecks. In this occupation, salaries for the relatively untested average out to $89K, but folks in the five-to-10 year range enjoy a much heftier median of $108K. VPs of Operations claiming one to two decades of experience make an estimated median of $131K. VPs of Operations who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $147K on average.

Pay Difference by Location


For VPs of Operations, busy San Francisco offers a higher-than-average pay rate, 39 percent above the national average. VPs of Operations can also look forward to large paychecks in cities like Boston (+21 percent), Washington (+18 percent), Houston (+18 percent), and Los Angeles (+17 percent). With compensation 4 percent below the national average, Charlotte is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

United States (change)

Experience Affects Vice President (VP), Operations Salaries



National Average
$127,000



Skills That Affect Vice President (VP), Operations Salaries

Lean Manufacturing
up arrow 20%





Business Development
up arrow 2%

National Average
$127,000

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 1551 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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