Vice President (VP), Professional Services Salary
Pay for VPs of Professional Services in the United States sits in the ballpark of $161K annually. Including potential for bonuses and profit sharing — peaking near $59K and $38K, respectively — total cash payment to VPs of Professional Services can bottom out near $118K or peak near $245K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by tenure. Job satisfaction is reported as high by the vast majority of workers. Male VPs of Professional Services who responded to the survey are more common than women; more than half (67 percent) are men. Medical benefits are awarded to nearly all, and most earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.
Job Description for Vice President (VP), Professional Services
Vice president of professional services are required to operate efficiently while handling product customizations, project management, and technical support in their organization. They must ensure excellent customer relations, as well as engage in high-priority interactions with clients (which includes various chief executives of other companies, among others). Many vice presidents are required to help maximize the use of company assets while minimizing waste.Read More...
Additionally, these professionals expand and apply standard engagement methodologies, including conferring frameworks, tools, and workforce development for the customers and their businesses. Vice presidents of professional services are also in charge of ensuring the smooth, effective operation of multiple concurrent projects targeted a diverse client base. They should be able to use relevant information to manage and interpret models that facilitate training and support within the company as well.
Vice president of professional services must have extensive experience in the field and in management, and they should be passionate about client satisfaction. These vice presidents must also know how to assess customer needs, articulate client needs internally, and serve as a representative of the company to external individuals. They must be able to prioritize professional services that will benefit the company, as well as an impact key business metrics.
Vice President (VP), Professional Services Tasks
- Evaluate operational processes and procedures, and develop strategies and implementation plans to improve and standardize all aspects of operations.
- Provide leadership for the overall operating performance of the business.
Vice President (VP), Professional Services Job Listings
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Popular Skills for Vice President (VP), Professional Services
Just a handful of professional skills are reported by VPs of Professional Services who took the survey. Most notably, skills in Operations Management, Business Development, Strategic Planning, and Project Management are correlated to pay that is above average. Those educated in Operations Management tend to be well versed in Business Development.
Pay by Experience Level for Vice President (VP), Professional Services
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Annually raking in $142K, the average professional in this position sees a six-figure salary within the first five years. VPs of Professional Services see a median salary of $186K after reaching one to two decades on the job. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.
Pay Difference by Location
Surpassing the national average by 22 percent, VPs of Professional Services in New York receive some of the highest pay in the country. VPs of Professional Services can also look forward to large paychecks in cities like San Jose (+22 percent), San Francisco (+16 percent), Washington (+11 percent), and Minneapolis (+11 percent). Denver is home to the smallest salaries in the field, lagging the national average by 20 percent. Below-median salaries also turn up in Austin and Philadelphia (19 percent lower and 17 percent lower, respectively).