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Vice president vs principal

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 vs principal overview

Vice PresidentPrincipal
Yearly salary$158,637$111,719
Hourly rate$76.27$53.71
Growth rate6%5%
Number of jobs119,53084,015
Job satisfaction4-
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 63%
Average age5247
Years of experience-4

What does a vice president do?

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.

What does a principal do?

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 president vs principal salary

Vice presidents and principals have different pay scales, as shown below.

Vice PresidentPrincipal
Average salary$158,637$111,719
Salary rangeBetween $107,000 And $235,000Between $69,000 And $179,000
Highest paying CitySan Francisco, CANew York, NY
Highest paying stateNew YorkNew York
Best paying companyBrookfield PropertiesKKR & Co. L.P.
Best paying industryManufacturingProfessional

Differences between vice president and principal education

There are a few differences between a vice president and a principal in terms of educational background:

Vice PresidentPrincipal
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president vs principal demographics

Here are the differences between vice presidents' and principals' demographics:

Vice PresidentPrincipal
Average age5247
Gender ratioMale, 65.8% Female, 34.2%Male, 65.6% Female, 34.4%
Race ratioBlack 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 Percentage12%16%

Differences between vice president and principal duties and responsibilities

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Principal example responsibilities.

  • Manage all documentation associate with FMLA, ADA, & DOL requests.
  • Develop schedules, payroll, and manage recruiting, hiring and company standards to ensure customer satisfaction.
  • Launch, continue to manage, and act as primary portfolio manager and trader for boutique investment consulting firm.
  • Manage the RFP process for a new medical plan TPA delivering a savings of almost $1MM in fix costs.
  • Achieve 7-digit annual revenues from start-up in one year by capitalizing on accurate niche market gap and consumer demand identification.
  • Manage all human resource matters, including payroll and benefits administration.
  • Show more

Vice president vs principal skills

Common vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%
Common principal skills
  • CRM, 7%
  • Project Management, 7%
  • Financial Services, 6%
  • Healthcare, 6%
  • Professional Services, 5%
  • ERP, 5%

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