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The Salaries of Corporate Vice Presidents

Growth Trends for Related Jobs

Vice presidents are part of the chief executive staff of a company. They help oversee the direction of a company -- or at least the direction of a department within a company. Companies typically seek candidates with a bachelor's or master's degree in business administration or field related to a specific industry, such as marketing, public relations or computer science. However, candidates promoted from within may be able to substitute experience for a degree, according to the Bureau of Labor Statistics. Salaries vary by industry.

Finance

A survey by Robert Half Finance & Accounting, a recruiting company for financial professionals, notes that salaries vary by the size of the company. VPs of finance for companies with sales under $50 million earned an annual salary between $89,250 to $125,500 in 2013. VPs at companies with sales of $50 million to $100 million earned $112,000 to $155,250 a year. VPs at companies with sales of $100 million to $250 million made $137,000 to $192,250 a year. VPs at companies with sales topping $500 million earned the most, averaging $219,000 to $352,250 a year.

Banking

In the banking and financial markets industry, vice presidents earned anywhere from $126,750 to $188,500 a year in 2013 on the "sell" side, which basically means the selling of investments to asset management firms. Those on the "buy" side -- advising clients on investments -- earned $124,000 to $181,000 on average, according to the Robert Half Finance & Accounting survey.

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Creative

A 2013 survey by The Creative Group, another national recruiter, found corporate VPs of marketing earn $112,000 to $200,000 a year and marketing VPs at advertising or marketing agencies earn $117,000 to $176,000 a year. In the public-relations field, VPs at of PR at an agency earn $114,000 to $194,500 a year, while those at the corporate level earn $115,750 to $190,500 a year.

Technology

Besides finance, marketing and public relations, many large companies hire VPs of information technology to oversee the IT department. As of 2013, VPs of IT earn $127,750 to $186,500 a year, according to a survey by Robert Half Technology, a specialized recruiter for IT professionals.

2016 Salary Information for Top Executives

Top executives earned a median annual salary of $109,140 in 2016, according to the U.S. Bureau of Labor Statistics. On the low end, top executives earned a 25th percentile salary of $70,800, meaning 75 percent earned more than this amount. The 75th percentile salary is $165,620, meaning 25 percent earn more. In 2016, 2,572,000 people were employed in the U.S. as top executives.

About the Author

Based in Minneapolis, Minn., Dana Severson has been writing marketing materials for small-to-mid-sized businesses since 2005. Prior to this, Severson worked as a manager of business development for a marketing company, developing targeted marketing campaigns for Big G, Betty Crocker and Pillsbury, among others.

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