Vice President (VP), Operations in Minneapolis, Minnesota Salary

How much does a Vice President (VP), Operations make in Minneapolis, MN? A Vice President (VP), Operations in Minneapolis earns a very comfortable salary, with the average salary surpassing six figures ($123,958) annually. This is 0% less than the national average for a Vice President (VP), Operations which is $123,954 per year. Salaries for a Vice President (VP), Operations in Minneapolis range from $75,167 annually to $199,555 per year. Total Annual Pay, which includes salary, bonus, and profit sharing for a Vice President (VP), Operations in Minneapolis ranges from $76,000 to $256,445 annually. Job satisfaction is reported as 5 out of 5 stars. Men make up a majority of the Vice President (VP), Operations workforce in Minneapolis among those reporting — 65 percent to be exact. In Minneapolis, a Vice President (VP), Operations often enjoys medical, dental, and vision benefits provided by their employer.

$75,167 - $199,555
$75K
$120K
$200K
MEDIAN: $123,958
10%
50%
90%

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$0$256K
Salary $75,167 - $199,555
Bonus $2,000 - $61,445
Profit Sharing $14,639
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).
)
$76,000 - $256,445
  • Country: United States
  • Currency: USD
  • Updated: 16 Nov 2017
  • Individuals Reporting: 60

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.

About Minneapolis, Minnesota

Hennepin County, Minnesota
410,935
Male:
206,547 (50.3%)
Female:
204,388 (49.7%)
Minneapolis (/ˌmɪniˈæpəlɪs/) is the county seat of Hennepin County, and larger of the Twin Cities, the 16th-largest metropolitan area in the United States, containing about 3.5 million residents. As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest, after Chicago. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. It was once the world's flour milling capital and a hub for timber. The city and surrounding region is the primary business center between Chicago and...
Minneapolis:
$54,571
Minnesota:
$63,488
$912
Minneapolis:
$227,500
Minnesota:
$200,000
4.3%

Vice President (VP), Operations Job Listings

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 $119,000 based on 8 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 $103,000 based on 12 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 $162,000 based on 33 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 $145,000 based on 30 salaries.

Key Stats for Vice President (VP), Operations

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.
1-4 years
7%
5-9 years
16%
10-19 years
28%
20 years or more
49%

Experience Affects Vice President (VP), Operations Salaries

Experienced
▲21%

Late-Career
▲9%

National Average
$133,000

Entry-Level
▼10%

Mid-Career
▼22%

Skills That Affect Vice President (VP), Operations Salaries

Operations Management
▲23%

Budget Management
▲1%

National Average
$133,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 14 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
7%
5-9 years
16%
10-19 years
28%
20 years or more
49%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 80%
vision benefits
Vision: 52%
no benefits
None: 17%