Vice President (VP), Government Affairs Salary
A Vice President (VP), Government Affairs earns an average salary of $147,449 per year. The highest paying skills associated with this job are Policy Development and Regulatory Compliance. Most people in this job have more than five years' experience in related jobs. Experience has a moderate effect on income for this job.
|Salary||$82,069 - $241,811|
|Bonus||$2,897 - $73,791|
|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).)
|$84,383 - $280,251|
Job Description for Vice President (VP), Government Affairs
Vice presidents for government affairs are generally very busy people. They are ultimately in charge of representing their company with both state and federal lawmakers, but they have many other responsibilities as well. Some of their responsibilities include managing government affair operations, implementing and keeping an eye on various plans, overseeing budgets, overseeing and reviewing assigned staff members, developing and maintaining relationships with government policymakers, being a featured speaker at most company events, ensuring ties with company affiliates, meeting performance standards, and serving as a liaison when needed.Read More...
Important skills needed for this position include strong communication skills, an understanding of both federal and state laws, the ability to organize and show strong leadership, the ability to adapt and be flexible, an understanding of credit union laws, experience with Microsoft programs, strong attention to detail, and great ethics. Vice presidents for government affairs usually work closely with a large variety of people, including their coworkers, boss, credit unions, federal and state policymakers, and people close to their company. They usually work indoors in their own office, though it is not uncommon for them to travel and attend meetings in other places. They are employed by most any company that works for profit.
Educational requirements include a bachelor's degree in business or political science, a minimum of 7 years work experience within government affairs or a trade environment, a minimum of 5 years with managing two or more employees, experience with legislative and lobbying, and a track record of advancing a company or organization. They normally work full-time during the day, but overtime is also a huge possibility. (Copyright 2017 PayScale.com)
Vice President (VP), Government Affairs Tasks
- Evaluate pending legislation and surveys legislation's impact on the organization.
- Write testimony and talking points for campaigns.
- Develop government affairs strategies and enhance the organization's image among authorities.
- Develop the organization's response to legislation.
- Build relationships with federal, state and local authorities, regulatory agency heads and key policymakers.
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Pay by Experience Level for Vice President (VP), Government Affairs
Pay by Experience for a Vice President (VP), Government Affairs has a positive trend. An entry-level Vice President (VP), Government Affairs with less than 5 years of experience can expect to earn an average total compensation of $102,000 based on 19 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vice President (VP), Government Affairs with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $141,000 based on 62 salaries. An experienced Vice President (VP), Government Affairs which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $159,000 based on 117 salaries. A Vice President (VP), Government Affairs with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $193,000 based on 58 salaries.
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