The Vice President (VP) is a top-level executive, usually ranked just below the CEO or President. This position is important and powerful in most companies. The VP helps guide the company, manage big departments, and make important decisions.
In companies like Prestige Group, VPs play a big role in managing real estate projects. One of the group’s key projects, Prestige Southern Star, shows how skilled VPs handle large teams and important plans for modern housing.
To understand where a VP stands in a company, here’s a simple ranking list:
This shows that the VP is one of the top 4 or 5 roles in any big company. In many cases, VPs report directly to the CEO or another senior officer. In companies like Prestige Group, a VP may lead Sales, Marketing, or even special real estate projects like Prestige Southern Star, helping the company grow.
The work of a VP can be different based on the industry, but usually, they:
Some companies also have Senior VP, Executive VP, or Assistant VP, which show levels of seniority among Vice Presidents.
So, what is the level of VP in a company's salary?
In India, a VP earns between ₹40 lakhs to ₹1 crore per year. The amount depends on the size of the company, the city, and the type of work they do.
In the USA, the salary is $150,000 to $250,000 per year or even more. Top VPs may also get stock options, bonuses, and allowances.
A VP at a real estate company like Prestige Group, especially someone handling large projects like Prestige Southern Star, can earn salaries on the higher end of this range due to the responsibility and experience needed.
To summarize:
The Vice President in a company is a very senior leader, placed just below the CEO or President. They manage departments, make big decisions, and guide the company. Their salary and role show their value.
In big companies like Prestige Group, VPs are trusted to handle important tasks. Projects like Prestige Southern Star succeed because of strong leadership from skilled professionals, including their Vice Presidents.
Enquiry |