Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between compliance vice presidents and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a compliance vice president, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $103,164 average annual salary of a compliance vice president.
The top three skills for a compliance vice president include CMS, compliance program and internal audit. The most important skills for a vice president are healthcare, oversight, and project management.
| Compliance Vice President | Vice President | |
| Yearly salary | $103,164 | $158,637 |
| Hourly rate | $49.60 | $76.27 |
| Growth rate | - | 6% |
| Number of jobs | 46,578 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Average age | 47 | 52 |
| Years of experience | 4 | - |
Compliance Vice Presidents are executives who lead the compliance department of the company. They set goals and provide strategic direction to the department, oversee all the company's initiatives related to compliance, and ensure that all policies and guidelines are updated to reflect industry standards and the rules set by governing bodies. Compliance Vice Presidents set compliance guidelines for the company. Furthermore, they ensure that the company is compliant with government standards to avoid losing their license to operate.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
Compliance vice presidents and vice presidents have different pay scales, as shown below.
| Compliance Vice President | Vice President | |
| Average salary | $103,164 | $158,637 |
| Salary range | Between $68,000 And $154,000 | Between $107,000 And $235,000 |
| Highest paying City | Hoboken, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Sumitomo Mitsui Financial Group | Brookfield Properties |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a compliance vice president and a vice president in terms of educational background:
| Compliance Vice President | Vice President | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compliance vice presidents' and vice presidents' demographics:
| Compliance Vice President | Vice President | |
| Average age | 47 | 52 |
| Gender ratio | Male, 56.1% Female, 43.9% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 7.4% Unknown, 4.7% Hispanic or Latino, 12.5% Asian, 8.8% White, 65.9% American Indian and Alaska Native, 0.7% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |