The average salary for a Late-Career Vice President (VP), Operations is $144,512.
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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…Read more
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.
Popular Employer Salaries for Vice President (VP), Operations
The top respondents for the job title Vice President (VP), Operations are from the companies J.P. Morgan Chase & Co. (JPMCC), Citigroup, Inc. and Dart Bank. Reported salaries are highest at Abc Corp. where the average pay is $185,000. Other companies that offer high salaries for this role include J.P. Morgan Chase & Co. (JPMCC) and Electric Co., earning around $139,928 and $130,000, respectively. Citigroup, Inc. pays the lowest at around $72,348. Dart Bank and State Street Bank also pay on the lower end of the scale, paying $86,472 and $116,000, respectively.
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Popular Skills for Vice President (VP), Operations
Skills in Leadership, Strategic Planning and Team Leadership are correlated to pay that is above average. Skills that pay less than market rate include People Management and Operations Management.
Pay by Experience Level for Vice President (VP), Operations
An entry-level Vice President (VP), Operations with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $89,297 based on 48 salaries. An early career Vice President (VP), Operations with 1-4 years of experience earns an average total compensation of $95,913 based on 874 salaries. A mid-career Vice President (VP), Operations with 5-9 years of experience earns an average total compensation of $109,986 based on 1,684 salaries. An experienced Vice President (VP), Operations with 10-19 years of experience earns an average total compensation of $129,431 based on 4,498 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Vice President (VP), Operations in their job title in Los Angeles, California earn an average of 16.2% more than the national average. These job titles also find higher than average salaries in Houston, Texas (14.9% more) and Boston, Massachusetts (7.9% more).
Years of Experience
This data is based on 7,104 survey responses.
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