Vice President (VP), Professional Services Salary
Pay for VPs of Professional Services in the United States sits in the ballpark of $157K annually. Total incomes of VPs of Professional Services incorporate potential for, in a few cases, more than $52K from bonuses and close to $65K from profit sharing; these performance components cause packages to range between $122K and $234K. Residence is the biggest factor affecting pay for this group, followed by tenure. Work is enjoyable for VPs of Professional Services, who typically claim high levels of job satisfaction. Making up 72 percent of those who took the survey, male VPs of Professional Services greatly outnumber their female counterparts. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. This report is based on responses to the PayScale salary survey.
|Salary||$117,601 - $208,894|
|Bonus||$5,872 - $60,608|
|Profit Sharing||$1,007 - $64,564|
|Total Pay (||$120,818 - $250,531|
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. (Copyright 2017 PayScale.com)
Vice President (VP), Professional Services Tasks
- Provide leadership for the overall operating performance of the business.
- Evaluate operational processes and procedures, and develop strategies and implementation plans to improve and standardize all aspects of operations.
Vice President (VP), Professional Services Job Listings
Popular Skills for Vice President (VP), Professional Services
Survey results imply that VPs of Professional Services put a diverse skill set to use. Most notably, skills in Team Leadership, Business Development, Strategic Planning, and Operations Management are correlated to pay that is above average, with boosts between 5 percent and 16 percent. It is often found that people who know Operations Management are also skilled in Business Development.
Pay by Experience Level for Vice President (VP), Professional Services
Pay by Experience for a Vice President (VP), Professional Services has a positive trend. An entry-level Vice President (VP), Professional Services with less than 5 years of experience can expect to earn an average total compensation of $143,000 based on 10 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Professional Services with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $140,000 based on 14 salaries. An experienced Vice President (VP), Professional Services which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $184,000 based on 87 salaries. A Vice President (VP), Professional Services with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $185,000 based on 83 salaries.
Pay Difference by Location
Home to some of the best pay for VPs of Professional Services, New York offers exceptional salaries, 24 percent above the national average. VPs of Professional Services can also look forward to large paychecks in cities like San Jose (+23 percent), San Francisco (+17 percent), Minneapolis (+12 percent), and Chicago (+12 percent). Those in the field find the lowest salaries in Denver, 19 percent below the national average. Not at the bottom but still paying below the median are employers in Austin and Philadelphia (18 percent lower and 16 percent lower, respectively).
Related Job Salaries
Key Stats for Vice President (VP), Professional Services
Rated 5 out of 5
based on 21 votes.