What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Vice President (VP), Information Technology (IT) Salary

Wages for VPs of Information Technology in the United States are generous, with average pay above six figures ($135K) per year. With some bonuses approaching $41K and certain profit sharing proceeds approaching $20K, overall incomes of VPs of Information Technology spread between $94K and $205K depending on individual performance. This group's pay is mainly influenced by the company, followed by years of experience and geographic location. Work is enjoyable for VPs of Information Technology, who typically claim high levels of job satisfaction. Almost all report receiving medical coverage from their employers and a large number collect dental insurance. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$89,763 - $179,016
(Median)
$90K
$140K
$180K
MEDIAN: $135,072
10%
50%
90%

Add this chart to your site: 640px    300px

$19.60 - $98.99
(Median)
$20
$74
$99
MEDIAN: $74.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$89,763 - $179,016  
   
Bonus
$3,023 - $40,578  
Profit Sharing
$1,167 - $20,446  
Commission
$5,000 - $40,000  
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).
)
$93,814 - $204,724  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 2,577
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.60 - $98.99  
   
Overtime
$0.00 - $76.60  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$3,023 - $40,578  
   
Commission
$5,000 - $40,000  
Profit Sharing
$1,167 - $20,446  
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).
)
$93,814 - $204,724  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Vice President (VP), Information Technology (IT)

The vice president of information technology (IT) is a high-level position that oversees an organization's technology initiatives, as well as IT changes and updates to all projects. The vice president assesses IT systems and makes decisions on investments and implementation of future technology. They must achieve IT department goals within the context of the organization's vision and values. They also help develop policies, standards, and objectives, in addition to participating in training sessions and helping recruit new talent. One of the most important functions of this position is the helping create budgets and authorize purchases, with help from other executives and managers. Most vice presidents of IT work in an office setting during regular business hours, although overtime may be required, particularly for projects on deadline.

Read More...

Vice President (VP), Information Technology (IT) Tasks

  • Establish the strategic direction of the Company's information systems as well as executing the strategy.
  • Identify and propose new information technologies and systems to improve business processes and decision making.

Common Career Paths for Vice President (VP), Information Technology (IT)


Add this chart to your site:   640px 640px    300px 300px


Though not the most common occurrence, VPs of Information Technology sometimes become Senior Vice Presidents of Product Development, where the average income is $189K per year. VPs of Information Technology most often move into Chief Information Officer or Chief Technology Officer roles. However, the former pays $5K less on average, and the latter pays $3K less.

Vice President (VP), Information Technology (IT) Job Listings

Search for more jobs:

Popular Employer Salaries for Vice President (VP), Information Technology (IT)


J.P. Morgan Chase & Co. (JPMCC), Bank of America Corp. (BOFA), Citigroup, Inc., Morgan Stanley, and The Goldman Sachs Group, Inc. are all popular places to work. State Street Bank offers the highest compensation with a median salary of $191K. Also paying near the top of the field are Deutsche Bank at $172K, Blackrock, Inc. at $164K, and Barclays Capital Inc, where VPs of Information Technology annually earn $163K.

Offering a median salary of only $129K, Citigroup, Inc. pays the least. Not only that, but the earnings range of $92K to $162K is pretty narrow, too. Other low-paying employers include Citibank at $133K and Bank of America Corp. (BOFA) at $141K, though some VPs of Information Technology there earn up to $177K.

Popular Skills for Vice President (VP), Information Technology (IT)


Survey takers working as VPs of Information Technology report using a large range of professional skills. Most notably, skills in Leadership, Strategic Planning, People Management, and Java are correlated to pay that is above average, with boosts between 6 percent and 17 percent. Skills that are correlated to lower pay, on the other hand, include Windows NT / 2000 / XP Networking, Network Management / Administration, and Microsoft Office. Most people who know Network Management / Administration also know IT Security & Infrastructure.

Pay by Experience Level for Vice President (VP), Information Technology (IT)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many VPs of Information Technology, more experience generally translates to higher pay. New workers enjoy hefty six-figure paychecks when they take on this position — $106K per year is the median for people who claim less than five years' experience. VPs of Information Technology see a median salary of $150K after reaching one to two decades on the job. VPs of Information Technology who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $161K on average.

Pay Difference by Location


For VPs of Information Technology, San Francisco provides a pay rate that is 19 percent greater than the national average. VPs of Information Technology will also find cushy salaries in San Jose (+19 percent), Boston (+13 percent), Atlanta (+8 percent), and Los Angeles (+7 percent). Falling short of the national average by 18 percent, the area with the worst salaries is Jacksonville. Two other places where employers offer below-median salaries are Tampa (17 percent less) and Charlotte (11 percent less).

Vice President (VP), Information Technology (IT) Advice

What do you wish you knew about your job when you first started out?

Vice President (VP), Information Technology (IT) in Salt Lake City:
"Security matters."
Always take the time and money to accurately and completely assess the security profile of your IT systems and software. Once you've had a breach, it's too late to catch up. If you get hit midway through your assessment, at least you'll have your policies and procedures in place to deal with it.

Related Job Salaries

United States (change)

Experience Affects Vice President (VP), Information Technology (IT) Salaries



National Average
$149,000


Entry-Level
up arrow 29%

Skills That Affect Vice President (VP), Information Technology (IT) Salaries

Leadership
up arrow 17%

Strategic Planning
up arrow 14%

People Management
up arrow 6%

Java
up arrow 1%

IT Security & Infrastructure
0%

IT Management
0%

Oracle
0%

National Average
$149,000

Project Management
up arrow 3%

Microsoft SQL Server
up arrow 6%

SQL
up arrow 7%

UNIX
up arrow 7%

Internet Information Server (IIS)
up arrow 11%

Microsoft Office
up arrow 16%

Network Management / Administration
up arrow 17%

Windows NT / 2000 / XP Networking
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 506 votes.

Gender

Female
10 %
Male
90 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
8%
10-19 years
51%
20 years or more
38%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 84%
vision benefits Vision: 72% employee benefits None: 6%
ADVERTISEMENT