Regional Vice President (RVP), Operations Salary
Salaries for Regional Vice Presidents of Operations in the United States are generous, with average pay above six figures ($138K) per year. Total cash earnings of Regional Vice Presidents of Operations range from $101K on the low end to $234K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $51K and $25K, respectively. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction is high and work is enjoyable for most Regional Vice Presidents of Operations. Making up 78 percent of those who took the survey, male Regional Vice Presidents of Operations greatly outnumber their female counterparts. Medical benefits are awarded to a large number, and most earn dental coverage.
|Salary||$96,737 - $193,907|
|Bonus||$9,000 - $46,369|
|Profit Sharing||$0.00 - $39,732|
|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).)
|$99,758 - $226,264|
Job Description for Regional Vice President (RVP), Operations
Regional vice president (RVP) of operations positions are available in many industries and corporations, but a high concentration of these jobs are found in the healthcare industry. This executive's exact duties are highly dependent on the specific industry in which they work and its products or services. However, they generally work underneath the assistant vice president (AVP) to establish standards, policies, and procedures for budgets and business plans. This is communicated to employees, as well as specific plans for marketing and sales; additionally, the RVP of operations must work with employees to maximize organizational efficiency. Daily duties performed by the RVP of operations include generating census reports and tracking goals and performance variables, and meeting with employees and supervisors.Read More...
RVPs of operations generally work indoors during regular business hours, although overtime may occasionally be required depending on the needs of the organization. Some teleconferencing and/or travel to remote locations may be necessary. RVPs of operations work in close communication with other executives and lower-level employees. They may use some specific software for tracking organizational goals, and basic computer proficiency is often needed.
To qualify for RVP of operations positions, extensive work experience - including within the industry's field - is generally required; this usually includes a minimum of five years in management or administrative roles, and it may require a specialized work history. Educational requirements usually include at least a bachelor’s degree in a related field such as business administration, but more advanced degrees often receive preference. Other industry-related requirements may be necessary as well. (Copyright 2017 PayScale.com)
Regional Vice President (RVP), Operations Tasks
- Oversee all regional projects, including staff and client relations.
- Create and communicate organization vision and product/service offerings internally and externally.
- Enforce standards and regulations for all sites, staff, and contractors in the region.
- Monitor budgets, profit, and loss, and alter strategies according to circumstances.
Common Career Paths for Regional Vice President (RVP), Operations
It doesn't happen often, but some Regional Vice Presidents of Operations do move on to become Senior Vice Presidents of Operations. The average pay for that role is slightly higher at $182K per year. Regional Vice Presidents of Operations most frequently advance into VP of Operations and President roles even though the median salaries are $33K lower and $3K lower, respectively.
Regional Vice President (RVP), Operations Job Listings
Popular Skills for Regional Vice President (RVP), Operations
Regional Vice Presidents of Operations generally report applying a varied skill set to their work. Most notably, facility with Strategic Planning and Business Development are correlated to pay that is significantly above average, leading to increases of 21 percent and 12 percent, respectively. Skills that pay less than market rate include Profit & Loss Statements, Sales Management, and People Management. Most people who know Business Development also know Organizational Development.
Pay by Experience Level for Regional Vice President (RVP), Operations
Pay by Experience for a Regional Vice President (RVP), Operations has a positive trend. An entry-level Regional Vice President (RVP), Operations with less than 5 years of experience can expect to earn an average total compensation of $147,000 based on 13 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Regional Vice President (RVP), Operations with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $153,000 based on 37 salaries. An experienced Regional Vice President (RVP), Operations which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $155,000 based on 111 salaries. A Regional Vice President (RVP), Operations with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $161,000 based on 104 salaries.
Pay Difference by Location
For Regional Vice Presidents of Operations, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Regional Vice Presidents of Operations will also find cushy salaries in Denver (+18 percent), Orlando (+13 percent), New York (+9 percent), and Los Angeles (+8 percent). Location is a huge contributor to overall pay, with Regional Vice Presidents of Operations in San Diego earning a whopping 25 percent below the national average. Employers also pay below the national average in Washington (16 percent lower) and Jacksonville (15 percent lower).
Regional Vice President (RVP), Operations Advice
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Key Stats for Regional Vice President (RVP), Operations
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