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Regional vice president hiring summary. Here are some key points about hiring regional vice presidents in the United States:
Here's a step-by-step regional vice president hiring guide:
A regional vice president oversees department operations within a region, ensuring efficiency at all times. They are primarily responsible for participating in creating the company's vision, mission, and goals, implementing them in the areas where they are assigned. They are also accountable for setting budgets and plans, devising strategies to boost sales, and evaluating department performances. As the regional vice president, they must monitor all departments' growth and progress, encouraging them to reach new heights. Furthermore, they mainly report to high-ranking officials such as the president or company board members.
Before you start hiring a regional vice president, 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.
A regional vice president's background is also an important factor in determining whether they'll be a good fit for the position. For example, regional vice presidents from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.
Here's a comparison of regional vice president salaries for various roles:
| Type of Regional Vice President | Description | Hourly rate |
|---|---|---|
| Regional Vice President | Sales managers direct organizations' sales teams. They set sales goals, analyze data, and develop training programs for organizations’ sales representatives. | $47-104 |
| President & Chief Operating Officer | A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market... Show more | $54-187 |
| Vice President Of Sales & Operations | A vice president of sales operations is an executive professional who is responsible for directing the support investments of a firm in salesforce effectiveness and manages functions essential to sales force productivity. The vice president must participate fully in the life cycle sales process as well as establishes cohesive relationships to provide customer satisfaction... Show more | $53-113 |
Including a salary range in your regional vice president job description helps attract top candidates to the position. A regional vice president salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a regional vice president in New Mexico may be lower than in New York, and an entry-level regional vice president usually earns less than a senior-level regional vice president. Additionally, a regional vice president with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $177,983 | $86 |
| 2 | Massachusetts | $169,686 | $82 |
| 3 | New Jersey | $167,557 | $81 |
| 4 | Connecticut | $160,670 | $77 |
| 5 | California | $160,667 | $77 |
| 6 | Pennsylvania | $158,777 | $76 |
| 7 | Virginia | $154,022 | $74 |
| 8 | Ohio | $152,914 | $74 |
| 9 | Georgia | $151,648 | $73 |
| 10 | Oregon | $150,450 | $72 |
| 11 | District of Columbia | $148,842 | $72 |
| 12 | Illinois | $144,437 | $69 |
| 13 | Texas | $144,003 | $69 |
| 14 | Utah | $141,129 | $68 |
| 15 | Arizona | $139,491 | $67 |
| 16 | North Carolina | $137,127 | $66 |
| 17 | Louisiana | $136,907 | $66 |
| 18 | Florida | $136,237 | $66 |
| 19 | Colorado | $134,913 | $65 |
| 20 | Tennessee | $132,949 | $64 |
| Rank | Company | Average salary | Hourly rate | Job openings |
|---|---|---|---|---|
| 1 | Hartford HealthCare Medical Group | $179,059 | $86.09 | |
| 2 | Community Health Systems | $175,032 | $84.15 | 19 |
| 3 | Daltile | $174,143 | $83.72 | 1 |
| 4 | Eisai | $170,724 | $82.08 | |
| 5 | Palo Alto Networks | $170,444 | $81.94 | 26 |
| 6 | Doximity | $168,579 | $81.05 | 3 |
| 7 | McChrystal Group | $168,388 | $80.96 | |
| 8 | Premier Family Physicians | $168,249 | $80.89 | |
| 9 | Fortinet | $166,467 | $80.03 | 26 |
| 10 | AdventHealth | $165,147 | $79.40 | 16 |
| 11 | Humana | $164,028 | $78.86 | 68 |
| 12 | Anaplan | $163,392 | $78.55 | 3 |
| 13 | Burlington | $161,370 | $77.58 | 28 |
| 14 | Nova Medical Centers | $160,751 | $77.28 | 3 |
| 15 | DocuSign | $160,711 | $77.26 | 7 |
| 16 | Health First | $159,579 | $76.72 | 3 |
| 17 | Christ Community Health Services | $159,163 | $76.52 | |
| 18 | CKE Restaurants Holdings | $158,830 | $76.36 | |
| 19 | Alignment Healthcare | $158,691 | $76.29 | 8 |
| 20 | Abt Associates | $158,675 | $76.29 |
A job description for a regional vice president 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 a regional vice president job description:
There are various strategies that you can use to find the right regional vice president for your business:
Recruiting regional vice presidents 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.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've decided on a perfect regional vice president candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.
You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.
To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.
Recruiting regional vice presidents involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $146,694 per year for a regional vice president, 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 regional vice presidents in the US typically range between $47 and $104 an hour.