Based on recent jobs postings on Zippia, the average salary in the U.S. for a Vice President is $178,728 per year or $86 per hour. The highest paying Vice President jobs have a salary over $271,000 per year while the lowest paying Vice President jobs pay $117,000 per year
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Sales vice presidents are top-level executives at a sales, retail, or marketing corporation. Primarily these executives are tasked to direct and lead a sales department or team within the organization. Their objective is to meet or even exceed the sales or marketing standards set for a successful business operation. They manage brands, deploy sales, and distribute the channels of the company. Also, they oversee the internal operations of the organization to establish customer relationships.
A group vice president is primarily in charge of implementing an organization or group's policies and regulations, including its vision and mission. Most of the time, they directly report progress to the president and assist in carrying out new programs and protocols that optimize the overall business procedures. Their responsibilities also include researching new business opportunities, developing solutions on organizational issues, setting goals and objectives, overseeing the performance of the workforce, and monitoring the workflow to ensure efficiency and growth.
Marketing vice presidents (VPs) are responsible for a company's overall marketing efforts and strategies. They plan and develop marketing strategies to bolster their company's market positioning and attain business goals. In addition, they are responsible for overseeing and coaching a marketing team and driving the implementation of marketing campaigns. Marketing VPs also direct and support the collection, analysis, and interpretation of market data market research, and manage marketing expenditures and budgets. The qualifications and requirements for this position include a master's degree in marketing or communication, previous work experience, and outstanding leadership skills.
A vice president/manager is responsible for monitoring the operations of the organization's departments, ensuring the completion of all tasks accurately to achieve business goals and client satisfaction. A vice president/manager often attends board meetings to share updates, identify business opportunities, and develop strategical procedures on improving the company's project management system. They also monitor budget goals and develop sales initiatives to boost the company's profitability. A vice president/manager must have excellent leadership and communication skills, as well as strong decision-making skills to make company decisions for overall development.
Yes, you can make $100,000 per year as a vice president. The chances of earning over $100k for a vice president are actually pretty good because the highest-paid vice president positions typically pay at least $271,000 per year. The average annual salary is $178,728 for vice president jobs. For example, vice presidents in District of Columbia whose salaries are in the 90th percentile earn an average salary of $265,000.
No, a general manager is not higher than a VP. Although companies can structure their management hierarchy in a variety of ways, general managers have a focus on the day-to-day operations of a division of a company or stand-alone branch.
The duties of the vice president are related to upper-level management and leadership of the company. The role involves directly reporting to the president or CEO. The vice president is a part of a solid leadership structure, considered second in command.