Vice President (VP), Professional Services Salary
Pay for VPs of Professional Services in the United States sits in the ballpark of $157K per year. Cash earnings of VPs of Professional Services can occasionally include $60K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $119K to almost $239K. Geographic location and career length each impact pay for this group, with the former having the largest influence. The majority of VPs of Professional Services claim high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
|Salary||$116,427 - $202,256|
|Bonus||$5,077 - $60,200|
|Profit Sharing||$977 - $58,175|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$119,313 - $238,879|
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
- 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 suggest that VPs of Professional Services use a fairly large toolkit of professional skills. 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. Most people who know Operations Management also know 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
Surpassing the national average by 24 percent, VPs of Professional Services in New York receive some of the highest pay in the country. VPs of Professional Services will also find cushy salaries in San Jose (+23 percent), San Francisco (+17 percent), Minneapolis (+12 percent), and Chicago (+12 percent). Denver ranks last in the field for pay, reporting salaries 19 percent below the national average. Employers pay around 18 percent less in Austin and 15 percent less in Philadelphia, below-median salaries for those in this field.
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Key Stats for Vice President (VP), Professional Services
Rated 5 out of 5
based on 16 votes.