Vice President (VP), Operations Salary

Salaries for VPs of Operations in the United States are generous, with average pay above six figures ($123K) per year. Including potential for bonuses, profit sharing and commission — peaking near $51K, $34K, and $53K, respectively — total cash payment to VPs of Operations can bottom out near $72K or top out at around $225K. The most important factor affecting compensation for this group is location, followed by the company and tenure. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Men account for the majority of VPs of Operations who responded to the questionnaire — 68 percent to be exact. For the most part, VPs of Operations enjoy their work and report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$70,460 - $194,591
$70K
$120K
$190K
MEDIAN: $123,807
10%
50%
90%

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$14.67 - $65.86
$15
$28
$66
MEDIAN: $27.61
10%
50%
90%

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$0$225K
Salary $70,460 - $194,591
Bonus $2,916 - $51,409
Profit Sharing $0.00 - $32,437
Commission $2,013 - $50,684
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).
)
$72,692 - $225,857
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 6,172
Hourly Data $0$65
Hourly Rate $14.67 - $65.86
Hourly Tips $0.11
Overtime $22.13 - $56.22
Annual Data $0$225K
Bonus $2,916 - $51,409
Commission $2,013 - $50,684
Profit Sharing $0.00 - $32,437
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).
)
$72,692 - $225,857
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 107

Find Out Exactly What You Should Be Paid

United States (change)

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

  • Provide leadership for the overall operating performance of the business.
  • Develop, monitor and administer financial program to maintain efficient, quality services.
  • 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.

Common Career Paths for Vice President (VP), Operations


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VPs of Operations who go on to become Senior Vice Presidents of Operations may see their salaries climb quite a bit. Median pay for Senior Vice Presidents of Operations is $182K annually. It is quite typical for VPs of Operations to transition into roles as Presidents or Chief Operating Officers, where reported median earnings are $19K and $4K higher per year.

Vice President (VP), Operations Job Listings

Popular Employer Salaries for Vice President (VP), Operations


Many VPs of Operations can be found at J.P. Morgan Chase & Co. (JPMCC), Citibank, Barclays Capital Inc, Bank of America Corp. (BOFA), and The Goldman Sachs Group, Inc., firms that are at the top of the field. The biggest paychecks can be found at Xerox Corporation — the median salary there is $158K. Other big spenders include State Street Bank, The Goldman Sachs Group, Inc., and J.P. Morgan Chase & Co. (JPMCC), top-paying firms where VPs of Operations see paychecks nearing $153K, $130K, or $130K.

Other low-paying employers include Citibank at $100K and Bank of America Corp. (BOFA) at $102K, though some VPs of Operations there earn up to $164K.

Popular Skills for Vice President (VP), Operations


Survey takers working as VPs of Operations report using a large range of professional skills. Most notably, facility with Profit & Loss Statements, Lean Manufacturing, and Leadership are correlated to pay that is significantly above average, leading to increases of 25 percent, 22 percent, and 17 percent, respectively. Those listing Human Resources as a skill should be prepared for drastically lower pay. Customer Relationship Management and Project 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

Pay by Experience for a Vice President (VP), Operations has a positive trend. An entry-level Vice President (VP), Operations with less than 5 years of experience can expect to earn an average total compensation of $92,000 based on 703 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Operations with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $111,000 based on 1,278 salaries. An experienced Vice President (VP), Operations which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $137,000 based on 2,844 salaries. A Vice President (VP), Operations with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $155,000 based on 2,295 salaries.

Pay Difference by Location

National Average: $135,873

Larger city markers indicate a job is popular in that location.

For VPs of Operations, busy Philadelphia offers a higher-than-average pay rate, 32 percent above the national average. VPs of Operations will also find cushy salaries in Washington (+29 percent), San Francisco (+20 percent), Houston (+18 percent), and Boston (+16 percent). The smallest paychecks in the market, 20 percent south of the national average, can be found in Tampa. Employers also pay below the national average in San Diego (11 percent lower) and Phoenix (9 percent lower).

Vice President (VP), Operations Reviews

Q: What is it like working as a Vice President (VP), Operations?

Vice President (VP), Operations in South Houston:
"Job Satisfaction."
Pros: I like the President and CEO of the company and the senior level management personnel I work with.
Cons: The job I have is stressful in that all of us are expected to sacrifice our time for the better of the company. The hours are long and as soon as one job ends the next job starts. There is a lot of pressure to perform at top levels under less than ideal conditions. Perks are very rare and it seems as if all of the industry accepted benefits of travel (air miles, hotel stays, and rental car usage) are taken by the company and used to save money in future travel. That money savings is passed along to the employees as an end of the year bonus, so it is not all bad. It just seems that other companies allow their employees to keep their travel benefits and still give out bonuses.

Related Job Salaries

Key Stats for Vice President (VP), Operations

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1086 votes.
Less than 1 year
0%
1-4 years
7%
5-9 years
13%
10-19 years
37%
20 years or more
42%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vice President (VP), Operations Salaries

▲14%

▲1%

National Average
$136,000

▼18%

▼32%

Skills That Affect Vice President (VP), Operations Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 1086 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
0%
1-4 years
7%
5-9 years
13%
10-19 years
37%
20 years or more
42%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 73%
vision benefits
Vision: 63%
no benefits
None: 13%
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