Vice President (VP), Operations in Philadelphia, Pennsylvania Salary
How much does a Vice President (VP), Operations make in Philadelphia, PA? A Vice President (VP), Operations in Philadelphia enjoys a hefty income, with the average salary surpassing six figures ($144,351) per year. This is 14% above the national average for a Vice President (VP), Operations which is $123,954 annually. Salaries for a Vice President (VP), Operations in Philadelphia range from $89,320 per year to $205,390 per year. Total Annual Pay, which includes salary, bonus, and profit sharing for a Vice President (VP), Operations in Philadelphia ranges from $90,000 to $265,132 annually. Among those reporting, there is an average job satisfaction rating of 4 out of 5 stars. In Philadelphia, men make up the majority of the workforce (72 percent). In Philadelphia, a Vice President (VP), Operations often enjoys medical, dental, and vision benefits provided by their employer.
|Salary||$89,320 - $205,390|
|Bonus||$5,195 - $67,447|
|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).)
|$90,000 - $265,132|
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.Read More...
Vice presidents of operations must be have a thorough knowledge of their company's products and services, as well as their industry and the competition. Additionally, these executives must understand relevant government rules and regulations and industry best practices. They are often required to travel to visit clients, vendors and/or their regional offices.
Typically, vice presidents of operations have at least a bachelor's degree in a relevant field such as business, marketing or finance; a master's degree may be required or preferred as well. Additionally, these executives must have excellent leadership, communication and interpersonal skills, as well as be proficient with basic computer software such as the Microsoft Office suite. Industry-specific credentials may be required, and proficiency or fluency in a second language may be needed as well. (Copyright 2017 PayScale.com)
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.
Vice President (VP), Operations Job Listings
Key Stats for Vice President (VP), Operations
Rated 4 out of 5
based on 7 votes.