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The differences between vice presidents and principals can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president, becoming a principal takes usually requires 2-4 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $111,719 average annual salary of a principal.
The top three skills for a vice president include healthcare, oversight and project management. The most important skills for a principal are CRM, project management, and financial services.
| Vice President | Principal | |
| Yearly salary | $158,637 | $111,719 |
| Hourly rate | $76.27 | $53.71 |
| Growth rate | 6% | 5% |
| Number of jobs | 119,530 | 84,015 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 63% |
| Average age | 52 | 47 |
| Years of experience | - | 4 |
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.
A principal is responsible for maintaining the orderliness of the school premises and supervising school operations, enforcing strict safety standards, and reiterating regulatory procedures. Principals' duties also include managing and monitoring school budget and expenses, improving security plans, conducting regular meetings and sharing updates with teachers and other school personnel, creating reports for school funding, and setting academic goals for everyone's compliance. A principal must administer excellent leadership, communication, and decision-making skills to handle major administrative tasks in maintaining the school's growth.
Vice presidents and principals have different pay scales, as shown below.
| Vice President | Principal | |
| Average salary | $158,637 | $111,719 |
| Salary range | Between $107,000 And $235,000 | Between $69,000 And $179,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Brookfield Properties | KKR & Co. L.P. |
| Best paying industry | Manufacturing | Professional |
There are a few differences between a vice president and a principal in terms of educational background:
| Vice President | Principal | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents' and principals' demographics:
| Vice President | Principal | |
| Average age | 52 | 47 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 65.6% Female, 34.4% |
| Race ratio | 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% | Black or African American, 10.9% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 16% |