Vice President (VP), Program Management Salary
Program Management VPs in the United States can expect to earn an average of $134K per year. Geography and tenure each impact pay for this group, with the former having the largest influence. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 51 percent. The majority of Program Management VPs claim high levels of job satisfaction. This report is based on answers to PayScale's salary questionnaire.
© PayScale, Inc. @ www.payscale.com
|Salary||$78,872 - $190,669|
|Bonus||$2,564 - $50,932|
|Total Pay (||$79,490 - $209,372|
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.
Vice President (VP), Program Management Job Listings
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 rich background of experience are typically rewarded with larger paychecks. Individuals with less than five years' experience take home around $88K. In contrast, though, people who have been on the job for five to 10 years report a six-figure median of $124K. Program Management VPs bring in $140K after working for 10 to 20 years. Program Management VPs who have spent more than 20 years on the job report earning a significantly higher median of $172K.
Pay Difference by Location
Home to some of the best pay for Program Management VPs, San Francisco offers exceptional salaries, 24 percent above the national average. Program Management VPs' salaries are heavily influenced by location — Program Management VPs in Washington bring in salaries that are 36 percent lower than the national average. Two other places where employers offer below-median salaries are Dallas (22 percent less) and New York (5 percent less).
Related Job Salaries
Key Stats for Vice President (VP), Program Management
Rated 5 out of 5
based on 6 votes.