Vice President Average Salary in India 2023 - The Complete Guide (2023)

How much money does a person working as Vice President make in India?

Vice President Pay Scale and Salaries in India

Salary Structure and Pay Scale Comparison

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

• Salary Range, Minimum Wage, and Starting Salary

  Salaries for the position Vice President in India range from 27,500 INR (starting salary) to 90,100 INR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

• Median Salary

  With a median salary of 54,000 INR, half of the professionals who work as Vice President in India earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

• Percentiles and Salary Scale

  The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Vice President in India earn less than 43,900 INR, while 75% earn more. Similarly, the chart shows that 75% earn less than 61,900 INR while 25% earn more.

• Pay Scale Structure

  To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Vice President in India compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 33,200 INR to 47,200 INR. About 20% of salaries are below the 33,200 INR mark, while 10% fall within the range of 47,200 INR to 53,600 INR. Only 5% of individuals have salaries exceeding 53,600 INR.

Salary Comparison by Years of Experience / Vice President / India

How do experience and age affect pay?

Percentage increase and decrease are relative to the previous value

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Vice President and this is what we found.

Employees with less than two years of experience earn approximately 32,200 INR.

While someone with an experience level between two and five years is expected to earn 45,700 INR, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 60,100 INR, 31% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 73,800 INR, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 78,500 INR, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 86,000 INR, 10% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Education / Vice President / India

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Vice President.

Percentage increase and decrease are relative to the previous value

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Vice President in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 40,100 INR.

Level 2: Certificate or Diploma

At this level, the average salary becomes 46,300 INR, 16% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 67,600 INR, 46% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 83,200 INR, 23% more than the previous level.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender / Vice President / India

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Vice President in India, the average difference between the salary of male and female employees is 9%.

Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in India for all Careers

Average Annual Salary Increment Percentage / Vice President / India

How much are annual salary increments in India for individuals working as Vice President? How often do employees get salary raises?

Individuals working as Vice President in India are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

India / All Professions

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

“The average salary increase in one year (12 months) in India is 7%.”

Worldwide Salary Raises: All Countries and All Jobs

Bonus and Incentive Rates / Vice President / India

How much and how often are bonuses being awarded?

16% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 84% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

What makes a position worthy of good bonuses and a high salary?

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Vice President / India

330 INR per hour

The average hourly wage (pay per hour) for individuals working as Vice President in India is 330 INR.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Vice President in India is 160 INR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Vice President VS Other Jobs

Salary comparison with similar jobs

Account Coordinator	29,700 INR	-48%
Account Director	35,600 INR	-38%
Account Executive	36,400 INR	-37%
Account Manager	34,400 INR	-40%
Administration Manager	35,600 INR	-38%
Administration Officer	19,000 INR	-67%
Administration Supervisor	29,700 INR	-48%
Administrative Clerk	14,300 INR	-75%
Administrative Officer	14,300 INR	-75%
Area Director	33,300 INR	-42%
Area Manager	33,300 INR	-42%
Asset Protection Associate	38,800 INR	-32%
Assistant Director	36,400 INR	-37%
Assistant General Manager	38,800 INR	-32%
Assistant Manager	39,200 INR	-32%
Assistant Managing Director	43,500 INR	-24%
Assistant Operations Manager	41,600 INR	-28%
Assistant Project Manager	37,200 INR	-35%
Assistant Section Head	30,900 INR	-46%
Assistant to CEO	34,400 INR	-40%
Assistant Vice President	39,600 INR	-31%
Associate Account Director	37,600 INR	-34%
Associate Director	37,600 INR	-34%
Bid Manager	42,400 INR	-26%
Branch Manager	40,800 INR	-29%
Business Development Manager	45,500 INR	-21%
Business Operations Associate	37,200 INR	-35%
Business Operations Lead	38,400 INR	-33%
Campaign Manager	41,200 INR	-28%
Catering Coordinator	22,800 INR	-60%
Catering Manager	36,800 INR	-36%
CEO	71,300 INR	+24%
Chairman of The Board	69,300 INR	+21%
Chairman Office Manager	45,500 INR	-21%
Chief Commercial Officer	51,500 INR	-10%
Chief Corporate Officer	57,400 INR	+0%
Chief Digital Officer	49,900 INR	-13%
Chief Digital Strategy Officer	50,800 INR	-11%
Chief Digital Transformation Officer	47,500 INR	-17%
Chief Ethics Officer	43,200 INR	-25%
Chief Executive Officer	71,300 INR	+24%
Chief Financial Officer	65,600 INR	+14%
Chief Investment Officer	52,600 INR	-8%
Chief of Staff	33,300 INR	-42%
Chief Operating Officer	53,400 INR	-7%
Chief Privacy Officer	45,600 INR	-21%
Chief Resilience Officer	52,300 INR	-9%
Chief Risk Officer	45,900 INR	-20%
Chief Strategy Officer	58,400 INR	+2%
Chief Trust and Safety Officer	44,700 INR	-22%
Client Account Manager	42,800 INR	-25%
Client Accounts Officer	36,000 INR	-37%
Client Services Manager	45,900 INR	-20%
Commercial Director	48,300 INR	-16%
Commercial Manager	43,900 INR	-24%
Commercial Project Manager	38,800 INR	-32%
Commodity Broker	29,700 INR	-48%
COO	53,400 INR	-7%
Corporate Affairs Executive	42,400 INR	-26%
Corporate Compliance Director	46,300 INR	-19%
Corporate Director	48,700 INR	-15%
Corporate Officer	33,300 INR	-42%
Corporate Partnerships Officer	34,400 INR	-40%
Country Manager	55,400 INR	-3%
Department Head	43,500 INR	-24%
Department Manager	43,500 INR	-24%
Department Supervisor	37,600 INR	-34%
Deputy Director	50,300 INR	-12%
Deputy Manager	50,700 INR	-12%
Director	55,400 INR	-3%
Director of Accreditation	47,100 INR	-18%
Director of Catering Services	42,400 INR	-26%
Director of Client Services	45,500 INR	-21%
Director of Facilities Management	38,800 INR	-32%
Director of Operations	47,100 INR	-18%
Director of Process Simplification	37,200 INR	-35%
Director of Product Management	47,100 INR	-18%
Director of Project Management	49,500 INR	-14%
Director of Revenue Management	43,500 INR	-24%
Director of Training and Development	45,500 INR	-21%
Distribution Manager	48,700 INR	-15%
Division Manager	41,600 INR	-28%
Duty Manager	40,800 INR	-29%
Engagement Manager	49,900 INR	-13%
Executive Director	70,100 INR	+22%
Executive Manager	57,800 INR	+1%
Franchise Manager	60,200 INR	+5%
General Manager	55,400 INR	-3%
Generational Consultant	38,000 INR	-34%
Global Master Data Manager	49,500 INR	-14%
Global Technical Lead	32,900 INR	-43%
Head of Investment	47,500 INR	-17%
Head of Middle Office	44,700 INR	-22%
Head of Projects	47,500 INR	-17%
Head of Strategy	53,400 INR	-7%
Head of Supply Chain	43,500 INR	-24%
Head of Sustainability	40,000 INR	-30%
Housing Manager	38,000 INR	-34%
HSE Manager	39,200 INR	-32%
Innovation Manager	40,400 INR	-30%
Key Account Manager	39,600 INR	-31%
Knowledge Manager	45,500 INR	-21%
Location Manager	44,300 INR	-23%
Logistics Executive	36,800 INR	-36%
Logistics Manager	36,800 INR	-36%
Management Consultant	37,600 INR	-34%
Management Executive	51,100 INR	-11%
Manager	47,500 INR	-17%
Managing Director	57,000 INR	-1%
MIS Executive	47,500 INR	-17%
Ocean Services Manager	49,500 INR	-14%
Online Business Manager	66,500 INR	+16%
Operational Manager	49,900 INR	-13%
Operations Analyst	41,600 INR	-28%
Operations Assistant	34,400 INR	-40%
Operations Director	53,000 INR	-8%
Operations Executive	51,500 INR	-10%
Operations Manager	53,000 INR	-8%
Operations Supervisor	43,900 INR	-24%
Planning Director	50,300 INR	-12%
PMO Manager	44,300 INR	-23%
Policy Administration Executive	40,400 INR	-30%
Private Sector Executive	42,000 INR	-27%
Product Development Manager	47,500 INR	-17%
Product Executive	41,600 INR	-28%
Production Executive	47,900 INR	-17%
Production Manager	47,900 INR	-17%
Production Supervisor	40,400 INR	-30%
Program Director	49,500 INR	-14%
Program Manager	49,500 INR	-14%
Programme Coordinator	34,000 INR	-41%
Project Control Manager	49,500 INR	-14%
Project Coordinator	29,300 INR	-49%
Project Management Officer	33,600 INR	-41%
Project Manager	35,600 INR	-38%
Project Portfolio Manager	38,000 INR	-34%
Quality Manager	38,400 INR	-33%
R/D Director	42,400 INR	-26%
Regional Director	65,300 INR	+14%
Regional Manager	49,100 INR	-14%
Relationship Manager	47,100 INR	-18%
Retail District Manager	33,600 INR	-41%
Revenue Manager	37,600 INR	-34%
Risk and Capital Manager	53,800 INR	-6%
Risk Officer	36,000 INR	-37%
Safety Manager	35,600 INR	-38%
Section Head	36,400 INR	-37%
Service Manager	38,000 INR	-34%
Shift Supervisor	29,300 INR	-49%
Solutions Manager	33,600 INR	-41%
Supervisor	29,300 INR	-49%
Supply Chain Manager	50,300 INR	-12%
Surveyor	33,300 INR	-42%
Technical Director	45,500 INR	-21%
Technical Manager	45,500 INR	-21%
Territory Manager	47,100 INR	-18%
Validation Manager	40,400 INR	-30%
Vice President	57,400 INR	+0%
Zone Manager	49,500 INR	-14%

Salary Comparison By City

Salary Comparison By State

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in India is 5% on average across all career fields.

Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Vice President in India?

A good and competitive compensation would range anywhere between 54,000 INR and 61,900 INR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Vice President in India ranges from 27,500 INR to 43,900 INR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.

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