Vice President (VP), Professional Services Salary
VPs of Professional Services in the United States take home approximately $162K annually on average. With some bonuses approaching $59K and certain profit sharing proceeds approaching $41K, overall incomes of VPs of Professional Services spread between $120K and $242K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Most VPs of Professional Services report high levels of job satisfaction. The majority of VPs of Professional Services (69 percent) survey respondents are male. Respondents to the PayScale salary survey provided the data for this report.
|Salary||$116,377 - $201,455|
|Bonus||$5,132 - $58,882|
|Profit Sharing||$958 - $41,217|
|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).)
|$120,244 - $241,810|
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.
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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, Operations Management, and Strategic Planning are correlated to pay that is above average. Most people experienced in Operations Management also know 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 $144K, the average professional in this position sees a six-figure salary within the first five years. VPs of Professional Services with one to two decades of relevant experience report an average salary of approximately $186K. Veterans who have surpassed the 20-year mark may make no more than those who are navigating the mid-career stage.
Pay Difference by Location
San Jose offers some of the highest pay in the country for VPs of Professional Services, 22 percent above the national average. VPs of Professional Services can also look forward to large paychecks in cities like New York (+19 percent), San Francisco (+16 percent), Minneapolis (+11 percent), and Chicago (+10 percent). Trailing the national average by 20 percent, Denver is the market with the smallest paychecks. A couple other locations with smaller-than-average paychecks include Austin (19 percent lower) and Philadelphia (17 percent lower).
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Key Stats for Vice President (VP), Professional Services
Rated 5 out of 5
based on 19 votes.