Explore here the typical Executive VP Sales salary. How much would it take? Are there any factors that affect their salary as well? Let’s find out.
The Typical Executive VP Sales Salary
The typical EVP Sales salary would range from $100,000 to $500,000. The average EVP Sales salary is $207,000.
The highest-paid individuals in this position earn $500,000 and above, while the lowest-paid earned $100,000 and below.
Factors That Affect a Typical Executive VP Sales Salary
A typical EVP Sales salary would depend on several factors. The following are the most significant factors that affect a typical EVP Sales salary:
1 – Experience in the industry or a similar position
The more experience you have in your field of work, the higher your salary will be. In fact, for each year spent in your job, you could expect to earn around $10,000 more than the year before.
2 – Position
The position you hold also affects your salary. For example, if you are an executive in a company, you would expect to earn more than the common employee. This is because of the responsibilities that come with this position. If you are in charge of many people, for example, then you would also get paid more.
3 – Company
The company you work for also affects your salary. The larger the corporation, the higher your salary would be. If you work for a big company like Google or Microsoft, for instance, then you would expect to make more money. Why? Because these companies have a large number of employees and they also have lots of money. This means they can afford to pay you higher.
4 – Geographical Location
Where you are also affecting your salary. If you are in a highly developed city or state, then you would expect to have a higher salary than someone who is not. This is because the cost of living in certain areas is more expensive. For example, New York, California, and Washington are all pricey places to live. However, the salaries offered to the executives there are also higher.
How Much Do an Executive Vp Sales Make in the United States?
The U.S. Bureau of Labor Statistics reports that the average salary for EVP Sales or Vice Presidents is $69,898 per year. However, this figure is dependent on several factors. The following are the top three factors that affect your EVP Sales salary:
1. Work Experience: Work experience not only affects your wage but also your ability to handle more responsibilities as well as advance in your career.
2. Education: Your level of education also plays an important role in determining the type of position you can handle as well as your ability to excel in your career.
3. Company Size: The size of the company you work for also affects your salary. As mentioned before, larger companies can offer you more money.
Executive VP Sales Salary Around the World
While the average salary of an Executive VP Sales in the United States is $69,898 per year, this is not true for other parts of the world. Take a look at how much an Executive VP of Sales makes in other parts of the world:
- Canada – $74,151 per year
- United Kingdom – $112,846 per year
- Australia – $85,715 per
To Conclude
An Executive VP Sales salary can range from $100,000 to $500,000. The average Executive VP Sales salary is $207,000. Factors that affect your Executive VP Sales salary include experience, position, company, geographic location, and education.
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