Vice President (VP), Operations Salary

VPs of Operations in the United States can expect to earn a very comfortable salary, with average salaries (in the ballpark of $117K) surpassing six figures annually. In the world of VPs of Operations, overall income ranges from $69K near the bottom to $209K at the top; this can include more than $49K from bonuses and more than $31K from profit sharing in exceptional cases. The particular firm is the biggest factor affecting pay for this group, followed by years of experience and geographic location. Male VPs of Operations are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The majority of VPs of Operations claim high levels of job satisfaction. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.

$65,266 - $178,934

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$14.79 - $62.11

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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$70K$140K$210K
Salary
$65,266 - $178,934  
   
Bonus
$1,566 - $48,925  
Profit Sharing
$1,027 - $30,805  
Commission
$0.00 - $51,064  
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).
)
$68,526 - $209,190  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 7,808
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
$14.79 - $62.11  
   
Overtime
$0.00 - $61.53  
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
$1,566 - $48,925  
   
Commission
$0.00 - $51,064  
Profit Sharing
$1,027 - $30,805  
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).
)
$68,526 - $209,190  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 124
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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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VPs of Operations who transition into an Executive Vice President of Worldwide Operations role may receive large pay increases as the latter position pays an average $181K per year. 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 $24K and $9K, 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), Morgan Stanley, The Goldman Sachs Group, Inc., Citibank, and Bank of America Corp. (BOFA) are leaders in the field that employ a large number of VPs of Operations. VPs of Operations flock to Xerox Corporation for generous paychecks, where average earnings of $158K lead the pack in compensation. VPs of Operations can also look forward to large paychecks at The Goldman Sachs Group, Inc. ($152K), State Street Corporation ($130K), and J.P. Morgan Chase & Co. (JPMCC) ($130K).

The consistently lowest paying firm on the list is Citigroup, Inc., where the median salary is just $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 $102K is the norm, but it is worth noting that some VPs of Operations there earn up to $148K.

Popular Skills for Vice President (VP), Operations


Survey results imply that VPs of Operations deploy a deep pool 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 Human Resources as a skill should be prepared for drastically lower pay. Customer Relationship Management and Sales 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.


VPs of Operations who reported more years of relevant experience also reported higher earnings. Survey participants with less than five years' experience pocket $90K on average, but those with five to 10 years of experience enjoy a much bigger median of $109K. People with 10 to 20 years of experience make an average of about $131K in this role. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $147K on average.

Pay Difference by Location


For VPs of Operations, busy San Francisco offers a higher-than-average pay rate, 41 percent above the national average. VPs of Operations can also look forward to large paychecks in cities like Boston (+21 percent), Houston (+19 percent), Washington (+19 percent), and Los Angeles (+16 percent). With compensation 1 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





up arrow 12%


Business Development
up arrow 2%

National Average
$127,000

Financial Analysis
up arrow 1%

Operations Management
up arrow 2%

Process Improvement
up arrow 2%






Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1441 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: 72%
vision benefits Vision: 57% employee benefits None: 11%
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