Learning more about the VP of Information Technology Salary could boost your interest to become one. Fortunately, this post got you all covered.
What is a VP of Information Technology?
A VP of Information Technology manages a business’ IT function. It calls a chief information officer (CIO).
The job of this executive position is to manage all of the IT operations within a company. The IT department does involve in everything from infrastructure and technical support to technology planning.
The VP of IT is responsible for analyzing business needs and recommending solutions to help the company achieve its goals.
The VP of IT may be responsible for overseeing the design, development, implementation, management and support of an organization’s information technology infrastructure. This person may also be in charge of monitoring compliance with government regulations regarding data security, privacy and other related issues.
The C-Level
This executive position reports directly to the C-level executives, such as the CEO or to the CFO.
However, in some small businesses, the CIO reports directly to the owner or CEO, which means that there’s no one between him and the owner.
These days, most companies have a dedicated VP of Information Technology who reports directly to the CEO. With so many systems out there dependent on technology, it has become important for a company’s success to have somebody who can oversee its IT department effectively.
The job description for this executive position varies depending on the company’s size where it applies. However, in most cases, it includes things like:
- Planning and supervising computer network security systems
- Making sure that information technology policies do-follow
- Making sure that data storage systems are secure
- Developing requirements for hardware and software upgrades
- Ensuring that data backups do take regularly
- Creating a disaster recovery plan
Education Requirements
Although some companies would prefer hiring somebody with a bachelor’s degree in computer science or business administration, many companies will hire somebody who has earned an associate degree in information systems or computer science instead. A bachelor’s degree in any field will also do just fine.
However, you will need five or more years of experience in information technology before you can apply for this executive position. If you’re interested in becoming a VP of Information Technology, then you need to gain three to five years of work experience first as an Information.
Technology Analyst or as Network Administrator before you can apply for this job opening.
Having certifications from organizations such as Cisco Systems or Microsoft will give you an edge when applying for senior executive positions such as this one.
VP of Information Technology Salary
VP of Information Technology Salary varies based on the size of the company where you’ll be working. If you are working for a startup company, you can expect to earn between $110,000 and $200,000 a year.
Although if your employer is a large corporation, your salary may increase up to $500,000 a year.
The median salary for this executive position is $195,000 a year.
