Do you desire to be a Vice President of Information Technology? Do you want to identify the VP Information Technology Salary?
This job in the world of information technology is a leading one. Aside from being a firm executive, this job offers pay above common.
So what is the VP Information Technology salary?
VP Information Technology Salary
The salary of a VP of IT depends on skill. So let’s talk about each yearly salary including benefits. Aside from the base annual salary, these include gifts, bonuses, and overtime pay.
First, an entry-level VP of IT with less than a year of practice in the area can expect an average of $95,385 yearly.
Then, as he progresses with his job, his total salary will then increase. With 1 to 4 years of experience, a VP of IT can get an average of $117,784 yearly.
A mid-career VP of IT with 5 to 9 years of experience earns an average of a total yearly salary of $130,085.
Afterward, one becomes an experienced VP of IT with 10 to 19 years of knowledge. He will then be able to receive an estimated $150,922 yearly salary.
In their late job, about 20 years and above, the expected annual salary will grow. It will be an average of $162,972. Some even reach a salary of about $240,000 yearly.
Other Advantages
As mentioned above, these measures only include the base yearly salary. Also tips, gifts, and overtime pay.
Other advantages that come with being a VP of IT are:
- Equity or stock compensation
- Retirement benefits
- Healthcare benefits (medical, dental, vision, etc.)
These are not defined to these things and vary per business.
Job Description
The Vice President of Information Technology is a high-level job. They control the information technology department of their firm.
Also, they manage the company’s technology leads. As well as IT develops and updates to all plans.
Their job description includes these basic terms:
- study of organizational data systems
- growth of software applications
- implementation of base systems
- IT support
Moreover, a VP of IT must also hold these traits and talents:
- Leadership
- IT Management
- IT Security and Infrastructure
- Strategic Project Management
- Cloud Computing
- Strategic Planning
Aside from the technical talents, this position needs strong interpersonal works. That’s why leadership is starting on the list because they need to be able to manage one or several IT pairs.
Also, a VP of IT must be able to grow a good business connection with vendors and partners.
On the other hand, as someone who holds this high-level job, they usually operate in a comfortable office. And works in a 40-hour workweek.
Any work beyond this workweek will be paid by overtime pay.
Education
To be able to serve as a VP of Information Technology, you must have a Master’s degree in Computer Science. Or Master’s Degree in Information Technology.
But it is most useful if you have an MBA in information technology or Computer Science.
This is because firms want someone expert in both IT and sales.
To Conclude
So, are you involved in the VP Information Technology salary? Hopefully, this article taught you. Do want to try this job or not?
