The following article discusses the career of Senior Vice President highlighting what they do, the work environment, how to become, training and certification, education, job and salary outlook.
What We Do
As a senior vice present, you will work with the rest of the senior management team in order to develop objectives and strategies to achieve them, as well as identify obstacles. Annual targets and new markets will be identified, and you will monitor whether the strategies are working towards achieving these. You will also manage the various divisions of the company you work for. Finally, you will be responsible for financial and accounting analysis, while monitoring losses and profits.
Work Environment
Senior vice presidents usually work in an office environment. Their hours are often unsocial due to overtime and travel is regularly required.
How to Become
Becoming a senior vice president is down to a combination of soft skills, formal education and experience. Essentially, you must be able to prove previous success to be considered.
Training & Certification Requirements
Generally speaking, you will need to hold a master’s degree in a field such as finance or management. Additionally, you will be required to hold at least 10 years of experience related to the field of your organization, with many now seeking those who have at least 15 years of experience.
Education Requirements
Master’s
Job Outlook
According to the U.S. Bureau of Labor Statistics, all top executives can expect to see a growth of 6% between 2014 and 2024, which is as fast as the national average.
National Salary
The national average salary estimate for Senior Vice President was $157,337. This number is estimated from over 4,538 employees, users past and present job advertisements from Indeed.com. This equates to an hourly salary of $81.95 and monthly of $13,111.
- .
- .
- Most Reported
- .
- .
- .
- .
- .
- .
- .
$37,000
$361,000
Salary Distribution
Salary by State
The following section lists Senior Vice President salaries in each state around the country. The figures are based on the total number of job postings through Indeed.com. For example, Delaware had the largest quoted salary of $214,974 while Hawaii had the smallest quoted salary of $63,000.
| Alaska – $75,000 | Rank: 49th |
| The average salary ranks 49th among states in the country. There were no current job openings from employers in this state. | |
| Alabama – $104,000 | Rank: 12th |
| The average salary ranks 12th among states in the country. There were no current job openings from employers in this state. | |
| Arkansas – $104,000 | Rank: 13th |
| The average salary ranks 13th among states in the country. There were no current job openings from employers in this state. | |
| Arizona – $133,000 (▼15% Below national average) | Rank: 45th |
The average salary ranks 45th among states in the country. There were also job openings from employers like The Premier Partners.
$38,000 $284,000 Salary Distribution | |
| California – $166,072 (▲6% Above national average) | Rank: 8th |
The average salary ranks 8th among states in the country. There were also job openings from employers like Intelligent Management Consulting Inc, BMC Software, Harnham, and Nelson & Associates.
$36,000 $390,000 Salary Distribution | |
| Colorado – $164,604 (●Meets national average) | Rank: 34th |
The average salary ranks 34th among states in the country. There were also job openings from employers like The Premier Partners and City and County of Denver.
$36,000 $388,000 Salary Distribution | |
| Connecticut – $118,000 | Rank: 4th |
| The average salary ranks 4th among states in the country. There were no current job openings from employers in this state. | |
| DC – $168,248 (▲7% Above national average) | Rank: 1st |
The average salary ranks 1st among states in the country. There were also job openings from employers like Hawthorne Lane and Hamilton Mayer.
$46,000 $366,000 Salary Distribution | |
| Delaware – $214,974 (▲37% Above national average) | Rank: 39th |
The average salary ranks 39th among states in the country. There were also job openings from employers like MetLife.
$78,000 $418,000 Salary Distribution | |
| Florida – $146,203 (▼7% Below national average) | Rank: 28th |
The average salary ranks 28th among states in the country. There were also job openings from employers like MMS Group, Robert Half Management Resources, Citi, and mARTo consulting, LLC.
$31,000 $346,000 Salary Distribution | |
| Georgia – $153,434 (●Meets national average) | Rank: 5th |
The average salary ranks 5th among states in the country. There were also job openings from employers like TALON and SunTrust.
$32,000 $367,000 Salary Distribution | |
| Hawaii – $63,000 | Rank: 52nd |
| The average salary ranks 52nd among states in the country. There were no current job openings from employers in this state. | |
| Iowa – $113,712 (▼28% Below national average) | Rank: 17th |
The average salary ranks 17th among states in the country. There were also job openings from employers like Management Recruiters of Wausau.
$26,000 $262,000 Salary Distribution | |
| Idaho – $67,000 | Rank: 51st |
| The average salary ranks 51st among states in the country. There were no current job openings from employers in this state. | |
| Illinois – $155,666 (●Meets national average) | Rank: 6th |
The average salary ranks 6th among states in the country. There were also job openings from employers like CONFIDENTIAL – MAJOR BANK.
$38,000 $352,000 Salary Distribution | |
| Indiana – $152,417 (●Meets national average) | Rank: 24th |
The average salary ranks 24th among states in the country. There were also job openings from employers like Client Growth Consultants.
$54,000 $300,000 Salary Distribution | |
| Kansas – $94,000 | Rank: 31st |
| The average salary ranks 31st among states in the country. There were no current job openings from employers in this state. | |
| Kentucky – $89,000 | Rank: 41st |
| The average salary ranks 41st among states in the country. There were no current job openings from employers in this state. | |
| Louisiana – $92,000 | Rank: 33rd |
| The average salary ranks 33rd among states in the country. There were no current job openings from employers in this state. | |
| Massachusetts – $170,400 (▲8% Above national average) | Rank: 3rd |
The average salary ranks 3rd among states in the country. There were also job openings from employers like Daley and Associates, Michael Page, MRINetwork, and BOSTON GROUP EXECUTIVE OFFICES.
$47,000 $368,000 Salary Distribution | |
| Maryland – $105,000 | Rank: 11th |
| The average salary ranks 11th among states in the country. There were no current job openings from employers in this state. | |
| Maine – $91,000 | Rank: 35th |
| The average salary ranks 35th among states in the country. There were no current job openings from employers in this state. | |
| Michigan – $104,000 | Rank: 14th |
| The average salary ranks 14th among states in the country. There were no current job openings from employers in this state. | |
| Minnesota – $116,758 (▼26% Below national average) | Rank: 40th |
The average salary ranks 40th among states in the country. There were also job openings from employers like Management Recruiters of Wausau and LDA Enterprises, Ltd.
$26,000 $271,000 Salary Distribution | |
| Missouri – $101,000 | Rank: 18th |
| The average salary ranks 18th among states in the country. There were no current job openings from employers in this state. | |
| Mississippi – $107,000 | Rank: 9th |
| The average salary ranks 9th among states in the country. There were no current job openings from employers in this state. | |
| Montana – $86,000 | Rank: 43rd |
| The average salary ranks 43rd among states in the country. There were no current job openings from employers in this state. | |
| North Carolina – $150,005 (●Meets national average) | Rank: 25th |
The average salary ranks 25th among states in the country. There were also job openings from employers like Wells Fargo, Selby Jennings, Bank Of America, and Sherpa LLC.
$34,000 $347,000 Salary Distribution | |
| North Dakota – $91,000 | Rank: 36th |
| The average salary ranks 36th among states in the country. There were no current job openings from employers in this state. | |
| Nebraska – $114,109 (▼27% Below national average) | Rank: 50th |
The average salary ranks 50th among states in the country. There were also job openings from employers like Management Recruiters of Wausau and Farm Credit Services of America, ACA.
$21,000 $281,000 Salary Distribution | |
| New Hampshire – $101,000 | Rank: 19th |
| The average salary ranks 19th among states in the country. There were no current job openings from employers in this state. | |
| New Jersey – $155,177 (●Meets national average) | Rank: 7th |
The average salary ranks 7th among states in the country. There were also job openings from employers like Robert Half, Phibro Animal Health Corporation, General Placement Service, and Bank Of America.
$37,000 $355,000 Salary Distribution | |
| New Mexico – $89,000 | Rank: 42nd |
| The average salary ranks 42nd among states in the country. There were no current job openings from employers in this state. | |
| Nevada – $78,000 | Rank: 47th |
| The average salary ranks 47th among states in the country. There were no current job openings from employers in this state. | |
| New York – $174,592 (▲11% Above national average) | Rank: 2nd |
The average salary ranks 2nd among states in the country. There were also job openings from employers like Parker and Lynch, Parker+Lynch, Media, NYC, and Robert Half Finance & Accounting.
$50,000 $374,000 Salary Distribution | |
| Ohio – $118,805 (▼24% Below national average) | Rank: 26th |
The average salary ranks 26th among states in the country. There were also job openings from employers like Proforma, Hamilton Recruitment, and Franchise Career Advisors.
$18,000 $311,000 Salary Distribution | |
| Oklahoma – $109,487 (▼30% Below national average) | Rank: 29th |
The average salary ranks 29th among states in the country. There were also job openings from employers like BOK Financial.
$32,000 $232,000 Salary Distribution | |
| Oregon – $99,000 | Rank: 21st |
| The average salary ranks 21st among states in the country. There were no current job openings from employers in this state. | |
| Pennsylvania – $147,832 (▼6% Below national average) | Rank: 22nd |
The average salary ranks 22nd among states in the country. There were also job openings from employers like Client Growth Consultants, ETS, ETS Inc., and PNC Bank.
$39,000 $326,000 Salary Distribution | |
| Rhode Island – $139,338 (▼11% Below national average) | Rank: 32nd |
The average salary ranks 32nd among states in the country. There were also job openings from employers like Citizens Bank.
$31,000 $324,000 Salary Distribution | |
| South Carolina – $101,000 | Rank: 20th |
| The average salary ranks 20th among states in the country. There were no current job openings from employers in this state. | |
| South Dakota – $77,000 | Rank: 48th |
| The average salary ranks 48th among states in the country. There were no current job openings from employers in this state. | |
| Tennessee – $95,000 | Rank: 30th |
| The average salary ranks 30th among states in the country. There were no current job openings from employers in this state. | |
| Texas – $155,596 (●Meets national average) | Rank: 23rd |
The average salary ranks 23rd among states in the country. There were also job openings from employers like Mackenzie Stuart plc, Goodall Brazier, Amer Technology, Inc, and Hays.
$40,000 $347,000 Salary Distribution | |
| Utah – $80,000 | Rank: 46th |
| The average salary ranks 46th among states in the country. There were no current job openings from employers in this state. | |
| Virginia – $145,101 (▼8% Below national average) | Rank: 15th |
The average salary ranks 15th among states in the country. There were also job openings from employers like Bank Of America and SunTrust.
$29,000 $349,000 Salary Distribution | |
| Vermont – $91,000 | Rank: 37th |
| The average salary ranks 37th among states in the country. There were no current job openings from employers in this state. | |
| Washington – $144,132 (▼8% Below national average) | Rank: 10th |
The average salary ranks 10th among states in the country. There were also job openings from employers like Jubilant HollisterStier Spokan.
$38,000 $317,000 Salary Distribution | |
| Wisconsin – $170,736 (▲9% Above national average) | Rank: 38th |
The average salary ranks 38th among states in the country. There were also job openings from employers like Marine Credit Union.
$34,000 $415,000 Salary Distribution | |
| West Virginia – $97,000 | Rank: 27th |
| The average salary ranks 27th among states in the country. There were no current job openings from employers in this state. | |
| Wyoming – $85,000 | Rank: 44th |
| The average salary ranks 44th among states in the country. There were no current job openings from employers in this state. | |
Top 20 National Employers
According to Indeed.com, the following states had employers looking to hire a Senior Vice President. The quoted salary figure represents the average salary from all job postings by this employer.
| Employer Name | Location | Average Salary |
|---|---|---|
| Intelligent Management Consulting Inc | California | $85,000 |
| Hawthorne Lane | DC | $83,469 |
| Robert Half | New Jersey | $79,844 |
| Management Recruiters of Wausau | Nebraska | $79,382 |
| Proforma | Ohio | $77,379 |
| BMC Software | California | $442,538 |
| Capgemini | $350,000 | |
| Phibro Animal Health Corporation | New Jersey | $281,204 |
| MetLife | Delaware | $275,000 |
| Daley and Associates | Massachusetts | $265,530 |
| Morgan Stanley | $265,312 | |
| Mackenzie Stuart plc | Texas | $264,203 |
| Parker and Lynch | New York | $262,203 |
| Parker+Lynch | New York | $262,203 |
| Hamilton Mayer | DC | $248,219 |
| Media, NYC | New York | $247,607 |
| Robert Half Finance & Accounting | New York | $243,982 |
| Bank Of America | New York | $243,714 |
| Client Growth Consultants | Pennsylvania | $237,434 |
| Goodall Brazier | Texas | $237,321 |
References
- Vice president – Wikipedia
- What is a Senior Vice President? (with pictures) – wiseGEEK
- George H. W. Bush – Wikipedia
- Senior Vice President, Campaigns – League of Conservation …
- Senior Vice President, Philanthropy – National Park Foundation
*Indicates number of job postings as of June, 2017.
