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Executive vice president of sales hiring summary. Here are some key points about hiring executive vice presidents of sales in the United States:
Here's a step-by-step executive vice president of sales hiring guide:
An executive vice president of sales is responsible for monitoring the sales operations and performance of a company and ensuring that the sales targets are met. Executive vice presidents of sales coordinate with sales executives to identify business opportunities that would generate more clients and increase business revenues. They also conduct data and statistical analysis to determine current market trends and public demands and enhance the features of the business services to meet the client's requirements.
Before you start hiring an executive vice president of sales, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.
Hiring the perfect executive vice president of sales also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
Here's a comparison of executive vice president of sales salaries for various roles:
| Type of Executive Vice President Of Sales | Description | Hourly rate |
|---|---|---|
| Executive Vice President Of Sales | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $51-110 |
| Director New Business Development | A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts... Show more | $34-80 |
| National Sales Director | A national sales director is responsible for monitoring the sales targets and performance of the sales force across the country's regions. National sales directors handle the execution and release of goods and services according to market trends and public demands... Show more | $35-64 |
Including a salary range in the executive vice president of sales job description is a good way to get more applicants. An executive vice president of sales salary can be affected by several factors, such as the location of the job, the level of experience, education, certifications, and the employer's prestige.
For example, the average salary for an executive vice president of sales in Hawaii may be lower than in Washington, and an entry-level engineer typically earns less than a senior-level executive vice president of sales. Additionally, an executive vice president of sales with lots of experience in the field may command a higher salary as a result.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $193,038 | $93 |
| 2 | Washington | $189,599 | $91 |
| 3 | Oregon | $189,408 | $91 |
| 4 | New Jersey | $187,166 | $90 |
| 5 | North Dakota | $184,276 | $89 |
| 6 | New York | $184,004 | $88 |
| 7 | Connecticut | $173,201 | $83 |
| 8 | Texas | $172,333 | $83 |
| 9 | Minnesota | $168,083 | $81 |
| 10 | Wisconsin | $165,060 | $79 |
| 11 | Pennsylvania | $162,540 | $78 |
| 12 | Michigan | $162,010 | $78 |
| 13 | Ohio | $161,882 | $78 |
| 14 | Montana | $161,866 | $78 |
| 15 | Florida | $161,732 | $78 |
| 16 | Virginia | $161,588 | $78 |
| 17 | North Carolina | $158,737 | $76 |
| 18 | Missouri | $157,694 | $76 |
| 19 | Kentucky | $156,560 | $75 |
| 20 | West Virginia | $155,679 | $75 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Dotdash | $202,909 | $97.55 | |
| 2 | Dayco | $194,251 | $93.39 | |
| 3 | Intellectual Ventures | $183,785 | $88.36 | |
| 4 | Signature Bank | $183,428 | $88.19 | |
| 5 | Ergotron | $180,670 | $86.86 | |
| 6 | Select Business Solutions | $171,332 | $82.37 | |
| 7 | Meredith Corporation | $167,829 | $80.69 | |
| 8 | Assure | $166,258 | $79.93 | |
| 9 | UnitedHealth Group | $164,113 | $78.90 | 203 |
| 10 | Franklin Templeton | $163,363 | $78.54 | 15 |
| 11 | TTEC | $160,938 | $77.37 | 7 |
| 12 | Movius | $159,077 | $76.48 | |
| 13 | Orion Systems Integrators | $158,166 | $76.04 | |
| 14 | Vertex | $153,606 | $73.85 | 12 |
| 15 | CBRE Group | $152,235 | $73.19 | 276 |
| 16 | Velan Valve Corp | $152,155 | $73.15 | |
| 17 | VistaJet | $152,074 | $73.11 | |
| 18 | *n/a* | $151,953 | $73.05 | 9 |
| 19 | North States Ind | $148,180 | $71.24 | |
| 20 | 20-20 Technologies | $142,787 | $68.65 | 11 |
A job description for an executive vice president of sales role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an executive vice president of sales job description:
There are various strategies that you can use to find the right executive vice president of sales for your business:
Recruiting executive vice presidents of sales requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.
Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the executive vice president of sales candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.
To prepare for the new executive vice president of sales first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Before you start to hire executive vice presidents of sales, it pays to consider both the one-off costs like recruitment, job promotion, and onboarding, as well as the ongoing costs of an employee's salary and benefits. While most companies that hire executive vice presidents of sales pay close attention to the initial cost of hiring, ongoing costs are much more significant in the long run.
You can expect to pay around $157,687 per year for an executive vice president of sales, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for executive vice presidents of sales in the US typically range between $51 and $110 an hour.