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The differences between vice president talent managements and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president talent management, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president talent management has an average salary of $221,369, which is higher than the $158,637 average annual salary of a vice president.
The top three skills for a vice president talent management include employee engagement, succession planning and employee development. The most important skills for a vice president are healthcare, oversight, and project management.
| Vice President Talent Management | Vice President | |
| Yearly salary | $221,369 | $158,637 |
| Hourly rate | $106.43 | $76.27 |
| Growth rate | 7% | 6% |
| Number of jobs | 98,853 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Average age | 47 | 52 |
| Years of experience | 6 | - |
A Vice President of Talent Management designs and develops training programs for employees, aiming to hone their skills and potentials in various areas. They conduct research and skills assessments to identify employees' needs, conceptualize plans, establish coaching sessions, and coordinate with internal and external parties. They are also in charge of developing promotion policies and organizational charts, helping employees understand every procedure. Moreover, they lead and encourage employees to reach goals, all while implementing performance-based bonus programs.
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.
Vice president talent managements and vice presidents have different pay scales, as shown below.
| Vice President Talent Management | Vice President | |
| Average salary | $221,369 | $158,637 |
| Salary range | Between $134,000 And $363,000 | Between $107,000 And $235,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New York |
| Best paying company | - | Brookfield Properties |
| Best paying industry | - | Manufacturing |
There are a few differences between a vice president talent management and a vice president in terms of educational background:
| Vice President Talent Management | Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Boston University | University of Pennsylvania |
Here are the differences between vice president talent managements' and vice presidents' demographics:
| Vice President Talent Management | Vice President | |
| Average age | 47 | 52 |
| Gender ratio | Male, 48.0% Female, 52.0% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 7.7% Unknown, 5.1% Hispanic or Latino, 11.1% Asian, 5.7% White, 70.0% American Indian and Alaska Native, 0.4% | 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% |
| LGBT Percentage | 18% | 12% |