Given the cost of hiring and compensating a VP of Sales, the decision by a startup to hire a new sales leader signals a new chapter of growth. Vp Of Sales & Business Development average salary is $128,750, median salary is $130,000 with a salary range from $125,000 to $130,000. If youre qualified, getting hired for one of these related Vice President Of Sales jobs may help you make more money than that of the average Vice President Of Sales position. 12.5% Sources: Salary.com, Monster and Peak Sales Recruiting Software & networking salaries for top sales 53 VP Workers Compensation jobs available on Indeed.com. Yet sales leaders at startups who gain equity stand to earn a hefty payday if and when their company is acquired or IPOs. Data source tooltip for additional compensation. View more benefits. Secondary responsibilities include: Recruiting , Backfillin g and Helping His/ Her Sales Team, Building the Sales Strategy, Devising Sales Tactics, and Creating and Selling Deals Him/Hersel f. Vice President Of Sales & Marketing average salary is $150,982, median salary is $149,000 with a salary range from $64,750 to $250,000. Nonetheless, the standard compensation for sales leadership ranges from $110,000 to $300,000, according to LinkedIn. The VP of Sales Compensation will lead all aspects of Sales Operations compensation administration and support for the Clean Harbors and Safety-Kleen businesses. Sydney NSW (53) Melbourne VIC (13) Company. Stock options. The average vice president of sales salary in Orlando, Florida is $217,438 or an equivalent hourly rate of $105. The average total compensation for a Vice President of Sales in Seattle is $276,791. Filter by location to see Vice President Sales salaries in your area. An early career Vice President (VP), Sales with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$101,649 based on 30 salaries 1,945 VP Sales Compensation jobs available on Indeed.com. The average vice president sales gross salary in United States is $215,571 or an equivalent hourly rate of $104. Once the compensation package is signed and youve finished celebrating, its time to get down to business. Search 559 VP of Sales jobs now available on Indeed.com, the world's largest job site. In addition, they earn an average bonus of $54,690. The compensation for a vice president of sales varies based on the industry, the number of employees managed and the breadth and complexity of responsibilities. Salary estimates are based on 10 salaries submitted anonymously to Glassdoor by VP Sales employees. Echobox (12) Posted By. Additional compensation. However, sales managers frequently also earn incentive compensation in the form of commissions. The average salary for the role of Senior Vice President Of Sales is in United States is $200,000. The average additional cash compensation for a Vice President of Sales in Chicago is $94,782. Job Type. VP of Sales Compensation. of sales at a seed to B-round company, say 5-100 employees, would have a base salary a notch or two under what the C-level executives hold. Quiksilver Sales Vice President salaries - 1 salaries reported: Las Vegas, NV Area: $131,326 / yrFidelity Investments Vice President salaries - 1 salaries reported: Las Vegas, NV Area: $128,748 / yrHCA Healthcare Vice President salaries - 1 salaries reported: Las Vegas, NV Area: $169,000 / yrMGM Resorts International Vice President salaries - 1 salaries reported : Las Vegas, NV Area: The Vice President of Sales has the primary responsibility of delivering the right revenues; be that defined as a hard number, growth target, profit target and/or a market share goal. Each salary is associated with a real job position. VP of Sales Salary. The Senior Sales Executive most often holds the title of Chief Sales Officer (CSO) or VP of Sales. Each salary is associated with a real job position. Vice President Of Sales & Marketing salaries are collected from government agencies and companies. Compensation for a VP of Sales position varies widely. Apply to Vice President, Vice President of Operations, Compensation Specialist and more! Salary estimates are based on 10,165 salaries submitted anonymously to Glassdoor by Vice President Sales employees. Employer (76) Staffing Agency (15) Forgot to save your resume? The average salary for a vice president of sales is $163,303 per year in the United States and $25,000 profit sharing per year. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Orlando, Florida. per year. Whether youre a CEO or a VP of sales, the sales compensation plan is probably the most powerful tool you have. Most common benefits. Your companys size; Studies have shown that smaller companies tend to pay a VP of Sales less than larger companies. VP of Sales Avg. A VP / director / head / etc. Salary estimates are based on information gathered from past employees, Indeed members, salaries reported for the same role in other locations and today's market trends. BLS Data for VP of Sales. According to GlassDoor.com and Salary.com, it is common to see base salaries in the $125,000 to $175,000 range, with total compensation including commission in the $175,000 to $225,000 range. VP of Sales jobs now available. Profit sharing. High level sales leadership at companies like Oracle and IBM likely earn close to seven figures in salaries. Dependent health insurance coverage. Vice President of Sales salary is estimated to be $165,716 per year. Salary estimates are based on 3 salaries submitted anonymously to Glassdoor by VP of Sales employees. Apply to Vice President of Sales, Vice President of Strategy, Sales Representative and more! Filter by location to see VP of Sales salaries in your area. The average total compensation for a Vice President of Sales in Chicago is $270,568. Sales compensation plans should have an override by the CxO/VP to overcome unknown scenarios. The average additional cash compensation for a Vice President of Sales in Seattle is $93,333. This individual is typically in charge of generating revenue for an organization and managing the sales team. Here are three factors your company needs to consider when negotiating a salary with a potential sales leader. Base Salary (via Glassdoor) The compensation for sales leadership varies widely. $25,000. Explore vp of sales careers and find about vp of sales salaries, jobs, companies and much more at Indeed. While there are always exceptions, the following probably covers the majority of "packages" at most mature or enterprise tech/software firms. My CEO worked with a board member to have another portfolio company buy our solution to overcome the shortfall. Filter by location to see VP Sales salaries in your area. In addition, they earn an average bonus of $55,164. C O M VP of Sales by Industry: SOFTWARE & NETWORKING HIGH COMMISSION 10% Sales professionals within the software industry have some of the highest commission payouts of any industry (upwards of $1M), and therefore have some of the highest annual earning potentials. It can be difficult to determine what to pay a VP of Sales, and since youre dealing with a professional negotiator. The national average salary for a Vice President Sales is $163,520 in United States. 149 VP Sales Salaries provided anonymously by employees. Importantly, all of these jobs are paid between 36380 (25.3%) and $62,463 (43.4%) more than the average Vice President Of Sales salary of $143,916. Full-time (40) Permanent (9) Part-time (1) Location. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States. Regional Vice President, Supply Chain Manager, Vice President of Marketing and more on Indeed.com Salary Estimate. 401(k) 401(k) matching. 179 Senior VP of Sales Salaries. Congratulations on your new role as VP of Sales! Sales managers earned slightly less, with a median annual wage of $101,640 and a mean wage of $116,860, according to the BLS survey. Vice President of Sales salaries are based on responses gathered by Built In Seattle from anonymous Vice President of Sales employees in Seattle. Vp Of Sales & Business Development salaries are collected from government agencies and companies. Senior VP of Sales earn $175,000 annually on average, or $84 per hour, which is 90% more than the national average for all working Americans.Our data indicates that the best paid Senior VP of Sales work for Bowne & Co. at $350,000 annually while the lowest paid Senior VP of Sales work for Regions Financial earning approximately $94,000 each year. The national average salary for a VP Sales is $120,789 in Canada. Unlimited paid time off. Senior Sales Executive (CSO, VP Sales) Compensation. Vice President of Sales salaries are based on responses gathered by Built In Chicago from anonymous Vice President of Sales employees in Chicago. An entry level vice president sales (1-3 years of experience) earns an average salary of This is 1% higher (+$2,092) than the average vice president of sales salary in the United States. For example, one year my team fell $400K short on quota. Keep in mind that the standard salary may deviate from the statistics as mentioned earlier based on the industry, company, location, and experience. What salary does a VP Sales earn in your area? While ZipRecruiter is seeing annual salaries as high as $233,000 and as low as $79,000, the majority of Vice President Sales And Marketing salaries currently range between $118,500 (25th percentile) to $198,500 (75th percentile) with top earners (90th percentile) making $220,000 annually across the United States. The national average salary for a VP of Sales is 111,325 in United Kingdom. Justin Roberts, the Vice President of Sales at Lever, a Matrix portfolio company, says: In the early stages, I like to keep compensation very straightforward, emphasizing base and equity and investing primarily in learning what is holding each sale back. Conclusion. According to the U.S. An early career Vice President (VP), Sales with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of 95,000 based on 7 salaries And companies are three factors your company needs to consider when negotiating a salary with a board member have! 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