Vice president

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How much does a Vice President make in the United States?

Average base salary
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3.1k salaries reported, updated at Jul 01, 2020
$147,120
per year
The average salary for a vice president is $147,120 per year in the United States, $20,000 cash bonus per year and $25,000 profit sharing per year.
Additional compensation
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Cash bonus
$20,000
per year
Profit sharing
$25,000
per year
Most common benefits
  • Family leave
  • Life insurance
  • Health insurance
  • Childcare
  • Stock options

What does a Vice President do?

The vice president of a company is usually the second or third in charge after the President or Chief Executive Officer (CEO). They are part of a President-led team that establishes the vision, beliefs, mission, strategic goals and values of an organization. Vice presidents are responsible for leading, guiding, directing and evaluating the work of other top executives, including managers, senior directors and assistant vice presidents.

Working as a Vice President

The specific duties and responsibilities of a vice president will depend on the needs of their organization. General responsibilities may include:

  • Make commitments and sign documents for an organization that they could become legally liable for
  • Develop and implement an organization's strategic plan outlining functional responsibilities
  • Contribute to the organization's profitability and sales requirements
  • Evaluate goals to identify areas of success and weakness and determine how to proceed
  • Identify opportunities an organization can leverage and pursue to its advantage

Where can a Vice President earn more?

Compare salaries for Vice Presidents in different locations
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Frequently asked questions
Common questions about being a Vice President

What is the job outlook for vice president?

The job outlook for the role of vice president is expected to increase by 6% from 2018 to 2028, approximately as fast as the average for other occupations. This growth varies by occupation and industry, depending on industry growth rate. Typically, employment growth is seen as new organizations are formed and existing ones expand, requiring more managers and top-level executives.

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What is the work environment for a vice president?

A vice president is a diversified job, often responsible for multiple departments within an organization. They often work in an office and complete mainly desk work, but can talk with a Director of Marketing in the morning and Director of Sales in the afternoon.

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What type of hours do vice presidents have?

Vice presidents are full-time, exempt employees, meaning they're not subject to federal regulations regarding overtime. While some vice presidents can maintain a 40-hour work week, most work between 50 and 60 hours per week, including evenings and weekends when required.

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