Vice President (VP), Program Management Salary
Program Management VPs in the United States can expect to earn an average of $130K annually. Experience level is the biggest factor affecting pay for this group, followed by geography. Men working as Program Management VPs who took the survey just slightly outnumber women at 51 percent. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is high and work is enjoyable for most Program Management VPs. The data for this snapshot was collected from individuals who took PayScale's salary survey.
Job Description for Vice President (VP), Program Management
A vice president (VP) of program management is responsible for ensuring that all programs are developed and carried out in line with company standards. They are also in charge of making sure that all new programs are on their development schedule and remain within their budget, as well as making sure that the development team is working in a safe, clean environment that is conductive to a positive workflow. Additionally, the vice president of program management must provide annual staffing and budget plans and quarterly updates to the company's senior management team. They may also serve in a direct supervisory role, providing feedback, instruction, and discipline for staff under their supervision.Read More...
Vice president of program management positions are generally full time and take place during regular business hours, although overtime may be required based on the needs of the employer. A wide variety of companies hire these executives, generally those that have a substantial number of programs.
The minimum educational requirements for vice presidents of program management typically include a bachelor's degree in a field that is relevant to the company's work. These professionals also generally need at least eight years of program management experience as well. Vice presidents of program management must also have excellent interpersonal, communication, and presentation skills.
Vice President (VP), Program Management Tasks
- Create, measure, and communicate program plans, milestones, and metrics, including budgets.
- Enforce policies around documentation and standardization of programs and products.
- Track and analyze issues, risks, and costs, and then proactively address and mitigate.
- Manage process from development through production to customer relations, and create stable, effective methodologies.
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Pay by Experience Level for Vice President (VP), Program Management
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Program Management VPs with a lot of experience tend to enjoy higher earnings. The average beginner in this position makes around $88K, but folks who have been around for five to 10 years see a markedly higher median salary of $129K. The average pay reported by folks with 10 to 20 years of experience is around $137K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $163K.
Pay Difference by Location
For Program Management VPs, San Francisco provides a pay rate that is 10 percent greater than the national average. Program Management VPs in Washington make 36 percent less than the national average, proving that location is a major factor in pay. Employers pay around 20 percent less in Dallas and 4 percent less in New York, below-median salaries for those in this field.
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Key Stats for Vice President (VP), Program Management
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