How Much Does A VP Earns?
Let us discuss how much a VP earns in the industry. We will also share the list of VP jobs that have a higher salary today.
Know About How Much Does A VP Make
VP is one of the higher paid in the business today. But before we tackle how much a VP earns.
Let us know first who is VP? VP stands for Vice President. He is the second senior-most executive in the company.
He usually earns more than a president. A VP can be in the following:
- engineer
- sales executive
- marketing executive
- business analyst
- HR manager
- etc.
How Much Does A VP Make?
The average salary of a VP varies depending on the industry the company is working in. But the average salary is around $80,000 to $100,000.
But if you look at the job description of a VP. Then, you will find that Computer Software Engineers are earning good salaries as a VP.
That means the average salary of a VP who works as a software engineer is much higher than others. Let’s have a look at how much an Average VP makes per annum by job role.
How Much Does An Average VP Earns Per Annum By Job Role?
Here are the job Title Average Range Of Salary from the following:
- Software Engineer $111,000-$139,000
- Finance Manager $105,000-$125,000
- Business Analyst $126,000-$140,000
- IT Consultant $100,000-$121,500
- Marketing Manager $95,000-$120,500
- HR Manager $102,500-$122,500
- Operations Manager $101,500-$121,250
- Sales Manager $99,800-$120,250
- Executive Assistant $87,000-$104,250
- Director Of Operations $98,300-$115,250
- Director Of Software Development $108,300-$1190 ,500
- Sales Development Representative (SDR) $77-100K
- Technical Account Manager (TAM) $92-100K
- Account Manager/Business Development Representative (ABR) $83-96K
- Vice President (VP) $101-139K Total: Average:$99K –$132K
So this is the average range of every VP role.
How To Become A VP?
Now you know how much a VP makes. But there is another question, how to become a VP?
Becoming a VP is not so easy. It involves a lot of hard work and dedication.
Many things need to be taken care of. And we will discuss them in detail below:
Get A Degree:
First and foremost, you should get a degree from any highly accredited university or college. The degree should be in any kind of Engineering or Computer Science.
The range of the degree can be anything from BS to MS and Ph.D. But make sure you get your degree from any major university or college.
Have A Strong Technical Knowledge:
This is the second most important thing after getting your degree. You should have strong technical knowledge of how things work and go online.
So you should have strong knowledge of databases, servers & operating systems. You should also know about web designing, software development, etc.
Get Good Experience:
Here comes the next step after getting your degree and technical knowledge. Before applying for the job of VP, you must get good experience in your field of interest.
This would help you to grow as an individual and prepare yourself. For any challenge, you might face in the future as an employee or as a VP.
Have Good Communication Skills:
This is another important skill you should have if you want to become a VP. Communication skills will help you deal with your employees, clients, and other important people in business life.
So keep on practicing this skill till you become comfortable communicating. With anybody at any point in time.