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Free Vice President Job Description Templates

Free vice president job description templates: generic, first VP hire, VP of sales, operations, finance, and SVP/EVP, with FLSA and equity guidance.

Nick Anisimov

Nick Anisimov

FirstHR Founder

Hiring
15 min

Vice President Job Description Templates

6 corporate VP templates, including a first-VP-hire version, with FLSA and equity guidance. Download as DOCX.

The vice president job description is one of the highest-stakes documents a growing company writes, and most templates online give you a generic duties list that ignores what actually matters: that this is usually a company's first executive hire, that it brings equity, IP-assignment, and classification questions a frontline hire never raises, and that the title is half the time confused with the US political office. Before anything else, to be clear: this page is about the corporate vice president a company hires, not the US Vice President.

At FirstHR, we build templates for the VP you actually hire, with the first-VP-hire angle and the compliance fields competitors skip. The six below cover the generic corporate VP, the first VP hire at a growth-stage company, VP of Sales, VP of Operations, VP of Finance, and the SVP/EVP/AVP seniority tiers. Pick the one that fits, fill in the brackets, and post, and the guide to writing a job description covers the fundamentals.

TL;DR
These six free templates are for the corporate vice president a company hires, not the US political office. They cover Generic, First VP Hire (growth-stage), VP of Sales, VP of Operations, VP of Finance, and SVP/EVP/AVP. A VP sits below the C-suite and above director, owns a function, and is almost always exempt under the executive exemption. The hire brings equity, IP-assignment, and NDA documents most templates skip. Enterprise VPs map to chief executives (median $206,420) or general and operations managers ($102,950).

What Is a Corporate Vice President?

A corporate vice president owns the strategy and results of a function or division, leads its team, and represents it to leadership and the board. The VP sits below the C-suite and above the director level: strategic, accountable for a whole function, and authorized to make high-impact decisions. In federal data, top, enterprise-wide VPs map to chief executives (SOC 11-1011), while divisional and operations VPs map to general and operations managers (SOC 11-1021).

One disambiguation first, because it splits the search results for this term: this is the business and corporate VP role, not the US Vice President, which is a constitutional political office and an entirely different topic. Everything on this page is about the corporate role. The function defines the specifics: a VP of Sales owns revenue, a VP of Finance owns financial planning, and the six templates split by function and stage so the document matches the real job.

Vice President Duties and Responsibilities

Vice president duties cluster into strategy and results, leadership and team, cross-functional and board work, and scaling and execution. The function shifts the emphasis, but these areas hold across the VP level.

Strategy and results
Own strategy and results for the function
Set goals, budgets, and key metrics
Make high-impact decisions within authority
Leadership and team
Build, hire, and develop the team
Lead directors and managers
Coach and raise the talent bar
Cross-functional and board
Partner with the CEO and leadership
Represent the function to the board
Drive cross-functional initiatives
Scale and execution
Build processes and structure to scale
Own execution and delivery
Report results to leadership

A strong posting grounds these in your specifics: the function the VP owns, who they lead, who they report to, and the results they are accountable for. For a structured way to scope any role before posting, the guide to defining job responsibilities walks through the process.

Which Template Should You Use?

Pick the template by function and stage. Each carries the duties and framing for that setting, and the first-VP-hire version is written specifically for a growing company. Use this guide to choose.

Generic Corporate VP
Any function, the base
The universal corporate VP template: own strategy and results for a function or division, lead its directors, and represent it to leadership. The starting point if your function is not listed.
First VP Hire
Growth-stage, 20 to 50 staff
The owned version no competitor offers: making your first VP hire at a growing company. A build role, player-coach, with equity, and a founder reporting line. Written for the 5-to-50-employee reality.
VP of Sales
Revenue and the sales org
For owning revenue: building the sales team, setting quota and comp, and delivering predictable growth, with a candid note on when to make this hire versus a Head of Sales.
VP of Operations
Daily ops and scale
For running the operation: processes, systems, metrics, and efficiency, leading the ops team and scaling delivery as the company grows.
VP of Finance
FP&A, between Controller and CFO
For financial strategy, planning, and reporting: FP&A, budgeting, board-ready financials, and the finance team, sitting between the controller and the CFO.
SVP / EVP / AVP
Seniority modifiers
For getting the seniority tier right: EVP, SVP, VP, and Associate VP or AVP, with a built-in guide to what each title should mean before you post.
Match the Template to the Hire
Making your first VP hire at a growing company: First VP Hire. Owning revenue: VP of Sales. Running daily operations: VP of Operations. Owning financial planning: VP of Finance. Getting the seniority tier right: SVP / EVP / AVP. Anything else, or to start broad: Generic Corporate VP. Whichever you pick, confirm you actually need a VP rather than a Director or Head of first.

6 Free Vice President Job Description Templates

Download all six as a single Word document or copy individual templates. Each follows the same structure: company summary, position summary, key responsibilities, qualifications, FLSA status, and pay with equity, plus an EEO statement. Fill in the brackets and post.

Download All 6 Templates
Generic, first VP hire, VP of sales, operations, finance, and SVP/EVP/AVP. All in one DOCX.

Template 1: Generic Corporate Vice President

The universal corporate VP base: own strategy and results for a function or division, lead its directors, and represent it to leadership. The starting point if your function is not listed.

Vice President Job Description (Generic Corporate VP)
VICE PRESIDENT JOB DESCRIPTION (CORPORATE)
Company: __ ([City, State])
Reports to: [CEO / President / COO]
Direct reports: [Directors / Managers across the function]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ per year [+ bonus / equity]

ABOUT [COMPANY NAME]

[One or two sentences: your company, the function this VP will lead,
and why the role exists now.]

POSITION SUMMARY

[Company Name] is hiring a Vice President to own the strategy and
results of [function / division], lead its team, and represent it to
leadership and the board. This is a senior executive role below the
C-suite and above the director level.

KEY RESPONSIBILITIES

Own the strategy, goals, and results for [function / division]
Lead, build, and develop the [function] team and its directors
Set and manage the [function] budget and key metrics
Partner with the CEO and leadership on company strategy
Represent the function to the board and stakeholders
Make and own high-impact decisions within authority
Drive cross-functional initiatives and execution
Build the processes and structure to scale the function

REQUIRED QUALIFICATIONS

[#]+ years in [function], including [#] years leading teams
Track record owning strategy and results at scale
Experience building and leading directors and managers
Strong business judgment and executive communication
[Bachelor's degree or equivalent; MBA a plus: ____________]

COMPENSATION AND HOW TO APPLY

Pay range: $______ - $______ per year [+ bonus / equity / benefits]
To apply, email __.
[Company Name] is an equal opportunity employer.

Template 2: First VP Hire (Growth-Stage / Small Company)

The owned version no competitor offers: making your first VP hire at a growing company. A build role, player-coach, with equity and a founder reporting line, written for the small-company reality.

First VP Hire (Growth-Stage / Small Company)
VICE PRESIDENT JOB DESCRIPTION (FIRST VP HIRE, GROWTH-STAGE)
Company: __ ([City, State], ____ employees)
Reports to: [CEO / Founder]
Direct reports: [the existing function team]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ per year [+ equity: ____% options]

ABOUT [COMPANY NAME]

[Company Name] is a [stage, e.g. post-Series-A] [industry] company in
[City, State] with [#] employees. We are making our first VP hire in
[function] to take it from founder-led to function-led.

POSITION SUMMARY

We are hiring our first VP of [function] to build the function from
the ground up: own its strategy, hire and lead the team, install the
processes we have outgrown, and own the results. This is a build role,
not a maintain role. You will report to the founder and help shape the
company as we scale.

KEY RESPONSIBILITIES

Own [function] strategy and results as the first leader in the seat
Build the team: hire, structure, and develop [function] staff
Install the systems and processes a growing company needs
Set the metrics and report them to the founder and board
Roll up your sleeves; this is hands-on at our stage
Help shape company strategy as a member of leadership
Own the build-versus-buy and hire-versus-outsource calls
Grow into a scaled VP role as the company grows

WHO WE ARE LOOKING FOR

[#]+ years in [function]; prior experience at our stage a plus
Builder who is comfortable without infrastructure in place
Player-coach: still does the work, also leads it
Strong judgment under ambiguity and limited resources
[Startup or scale-up experience: ____________]

WHAT WE OFFER

Meaningful equity / stock options: [____% / vesting: ____________]
A real seat at the table as we scale
[Compensation, benefits: ____________]

COMPENSATION AND HOW TO APPLY

Pay range: $______ - $______ per year [+ equity / benefits]
To apply, email __ with your relevant experience.
[Company Name] is an equal opportunity employer.
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Template 3: VP of Sales

For owning revenue: building the sales team, setting quota and comp, and delivering predictable growth, with a candid note on when to make this hire versus a Head of Sales.

VP of Sales Job Description
VP OF SALES JOB DESCRIPTION
Company: __ ([City, State])
Reports to: [CEO / President / CRO]
Direct reports: [Sales directors / managers / AEs]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ base [+ commission / OTE: _]

POSITION SUMMARY

[Company Name] is hiring a VP of Sales to own revenue: build and lead
the sales org, set the strategy and quota, and deliver predictable,
scalable growth.

KEY RESPONSIBILITIES

Own the revenue number and the sales strategy
Build, hire, and lead the sales team and its managers
Set quotas, territories, comp plans, and the sales process
Build a predictable, repeatable pipeline and forecast
Own the CRM, sales metrics, and reporting to leadership
Partner with marketing on demand and with product on fit
Hit and grow the revenue targets quarter over quarter
Coach the team and raise the bar on talent

REQUIRED QUALIFICATIONS

[#]+ years in sales with [#]+ years leading sales teams
Track record of owning a number and hitting it
Experience building and scaling a sales org
Strong on process, forecasting, and comp design
[Industry / B2B / SaaS experience: ____________]

A NOTE FOR FIRST SALES-LEADER HIRES (delete before posting)

Most first VP of Sales hires at startups fail or turn over fast.
Hire this role after you have repeatable revenue (often past the
early-traction stage), not before, or hire a Head of Sales first.

COMPENSATION AND HOW TO APPLY

Base: $______ - $______ OTE: $______ [+ equity / benefits]
To apply, email __.
[Company Name] is an equal opportunity employer.

Template 4: VP of Operations

For running the operation: processes, systems, metrics, and efficiency, leading the ops team and scaling delivery as the company grows.

VP of Operations Job Description
VP OF OPERATIONS JOB DESCRIPTION
Company: __ ([City, State])
Reports to: [CEO / President / COO]
Direct reports: [Operations directors / managers]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ per year [+ bonus / equity]

POSITION SUMMARY

[Company Name] is hiring a VP of Operations to run the day-to-day
operation: own the systems, processes, and metrics that keep the
business running and scaling efficiently.

KEY RESPONSIBILITIES

Own daily operations and operational performance
Build and improve processes, systems, and efficiency
Set and manage operational metrics, budgets, and SLAs
Lead and develop the operations team and its managers
Drive cross-functional execution and delivery
Manage vendors, capacity, and operational risk
Scale operations to support company growth
Report operational results to leadership

REQUIRED QUALIFICATIONS

[#]+ years in operations with [#]+ years leading teams
Track record improving process, efficiency, and scale
Strong on metrics, budgets, and systems
Cross-functional leadership and execution
[Industry-specific operations experience: ____________]

COMPENSATION AND HOW TO APPLY

Pay range: $______ - $______ per year [+ bonus / equity / benefits]
To apply, email __.
[Company Name] is an equal opportunity employer.

Template 5: VP of Finance

For financial strategy, planning, and reporting: FP&A, budgeting, board-ready financials, and the finance team, sitting between the controller and the CFO.

VP of Finance Job Description
VP OF FINANCE JOB DESCRIPTION
Company: __ ([City, State])
Reports to: [CEO / CFO]
Direct reports: [Controller / FP&A / accounting team]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ per year [+ bonus / equity]

POSITION SUMMARY

[Company Name] is hiring a VP of Finance to own financial strategy,
planning, and reporting: the leader who sits between the controller
and the CFO and runs FP&A, budgeting, and financial operations.

KEY RESPONSIBILITIES

Own financial planning, budgeting, and forecasting (FP&A)
Oversee accounting, controls, and financial reporting
Deliver board-ready financials and analysis
Manage cash, runway, and financial risk
Partner with leadership on strategy and unit economics
Lead and develop the finance and accounting team
Support fundraising, audits, and due diligence as needed
Build the financial systems to scale

REQUIRED QUALIFICATIONS

[#]+ years in finance with [#]+ years leading teams
Strong FP&A, reporting, and financial-operations background
Experience with [your stage / industry / fundraising]
[CPA / MBA a plus: ____________]
Board-level communication and judgment

COMPENSATION AND HOW TO APPLY

Pay range: $______ - $______ per year [+ bonus / equity / benefits]
To apply, email __.
[Company Name] is an equal opportunity employer.

Template 6: SVP / EVP / Associate VP (Seniority Variant)

For getting the seniority tier right: EVP, SVP, VP, and Associate VP or AVP, with a built-in guide to what each title should mean before you post.

SVP / EVP / Associate VP (Seniority Variant)
SENIOR / EXECUTIVE / ASSOCIATE VP JOB DESCRIPTION
Company: __ ([City, State])
Title: [ ] SVP [ ] EVP [ ] Associate VP [ ] AVP
Reports to: [CEO / President / EVP / the VP above this role]
Employment type: Full-time, W-2 employee
FLSA status: Exempt (executive exemption -- confirm by duties)
Pay range: $______ - $______ per year [+ bonus / equity]

ABOUT THE SENIORITY LEVELS (delete before posting)

Use this to title the role correctly:
EVP (Executive VP): most senior VP tier, often runs a major
business unit and sits near the C-suite.
SVP (Senior VP): above a standard VP, broader scope or larger team.
VP: owns a function or division (use the generic template).
Associate VP / AVP: below a full VP; emerging-leader or, in banking,
a mid-level title. Confirm what the title means at your company.

POSITION SUMMARY

[Company Name] is hiring a [SVP / EVP / AVP] of [function] to [scope
appropriate to the tier: own a business unit / lead multiple functions
/ support a VP], with seniority and authority matched to the title.

KEY RESPONSIBILITIES

[Scope to the tier: own a business unit, multiple functions, or
support a VP]
Set strategy and own results for the assigned scope
Lead senior leaders [VPs / directors] as the tier warrants
Represent the scope to the C-suite and board
Make high-authority decisions within the role's mandate
Drive major cross-functional or company-level initiatives
Build and develop senior leadership talent
[Tier-specific duties: ____________]

REQUIRED QUALIFICATIONS

[#]+ years in [function] with senior-leadership experience
Scope and track record matched to [SVP / EVP / AVP]
Experience leading leaders, not just individual contributors
Executive presence and board-level communication

COMPENSATION AND HOW TO APPLY

Pay range: $______ - $______ per year [+ bonus / equity / benefits]
To apply, email __.
[Company Name] is an equal opportunity employer.
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VP vs Director vs Head Of: Which Do You Need?

The most common VP mistake is hiring the title before the role. A VP owns strategy across a function; a director executes within a department; a Head of role is the growth-stage middle ground. Match the title to the actual scope and stage.

RoleScopeReports toWhen to hire
VPOwns a function or division, sets strategyCEO / President / board-facingYou need functional ownership and board representation
DirectorRuns a department, executes strategyVPYou need execution within a department
Head ofFunctional leadership, growth-stageCEO / FounderGrowing company not yet ready for a full VP layer

Real VP layers generally emerge as a company passes around 50 employees; below that, flatter Head of and Lead titles preserve room to scale. Beware title inflation, since surveys show most workers believe employers hand out senior titles in place of raises, and a VP at a 15-person company is often the first hire in a function with an impressive title. If you need a senior operations leader, the COO templates cover the C-suite step above VP, and the VP of Operations templates cover that function in depth.

SVP, EVP, and AVP Explained

The vice president level has its own seniority tiers, which trip up small companies writing their first executive posting. From most to least senior: EVP, SVP, VP, then Associate VP or AVP.

An Executive VP (EVP) is the most senior tier, often running a business unit near the C-suite. A Senior VP (SVP) ranks above a standard VP with broader scope. A VP owns a function. An Associate VP or AVP sits below a full VP, usually an emerging-leader title, though in banking AVP and VP are mid-level titles that carry less weight than elsewhere. The exact meaning varies by company, so define the tier before you post and match scope, authority, and pay to the title. The seniority-variant template includes a built-in titling guide.

FLSA, Equity, and Non-Competes

Three compliance points matter at the VP level, and they are exactly what generic templates skip. They are easy to get right once you know them.

Classification, Equity, and Non-Compete Status
A genuine VP is almost always exempt under the executive exemption (manages a function, directs 2+ staff, hire/fire authority), and must meet the federal salary threshold of $684/week; the 2024 increase was vacated, so the 2019 level applies. Equity grants, vesting, and exercise terms must be in writing and signed, never verbal. On non-competes: the FTC's 2024 nationwide ban was struck down in Ryan, LLC v. FTC, and the FTC dropped its appeal in September 2025, so non-competes are again governed by state law, with several states (CA, MN, ND, OK) banning them outright.

Because a VP almost always meets the executive exemption, the role is salaried-exempt, not hourly; the exempt vs non-exempt guide and the FLSA overview cover the duties tests. A title-only VP who does not actually manage a function may not meet the test, so classify by real duties. This is general information, not legal advice; confirm classification and any restrictive covenant with an employment attorney.

Vice President Pay and Classification

VP compensation varies enormously by function, industry, company size, and equity, so the federal data serves as a broad anchor rather than a precise figure.

Executive Pay Benchmarks (BLS, May 2024)
Top, enterprise-wide VPs map to chief executives (SOC 11-1011), median $206,420 a year as of May 2024 (lowest 10% under $73,710). Divisional and operations VPs map to general and operations managers (SOC 11-1021), median $102,950. Top-executive employment is projected to grow 4% through 2034, with about 331,000 openings a year (U.S. Bureau of Labor Statistics).

VP pay typically combines a base salary, a bonus tied to results, and equity, especially at startups where options offset cash. Because a real VP is exempt under the executive exemption, the role is salaried, not hourly, with no overtime. For your posting, anchor base, bonus, and any equity to your market, function, and stage, and state the classification clearly.

Making Your First VP Hire at a Growing Company

The first VP hire is a milestone, and it is the most document- and workflow-intensive onboarding a small company runs. Here are the three realities to get right before and after you post.

The first VP hire is the single most document-intensive onboarding a small company runs
A frontline hire needs an offer letter and the standard new-hire paperwork. A VP hire needs all of that plus an entire layer of executive documentation most small companies have never assembled: a stock-option or equity grant with a vesting schedule, a confidential-information-and-inventions-assignment agreement so the company owns the work and IP the VP produces, an NDA, often a non-compete where state law still allows one, a background check, and a structured thirty-sixty-ninety-day onboarding plan because an executive who flounders for a quarter is an expensive mistake. On top of the paperwork, the hire reshapes the org chart, since a new VP creates a reporting layer between the founder and the team. This is exactly the workflow FirstHR is built to run: e-signature for the offer letter and the equity, IP-assignment, and NDA documents without printing, document management to store every signed agreement, task workflows and an AI onboarding wizard for the structured executive onboarding, and the HRIS org-chart builder to redraw the reporting lines the hire creates. A VP hire is a far more demanding onboarding than a frontline one, and it is precisely where a small company without an HR department feels the gap.
Classify the VP correctly, document the equity, and know where non-competes actually stand
Three compliance points matter at the VP level and competitors' templates skip all of them. First, FLSA classification: a genuine VP almost always qualifies as exempt under the executive exemption, since the primary duty is managing the enterprise or a department, regularly directing at least two employees, with authority over hiring and firing, and high earners can also qualify under the highly-compensated-employee test. The role must still meet the federal salary threshold of $684 per week; the 2024 increase was vacated in court, so the 2019 level applies. Second, equity: if you grant options or stock, the grant documents, vesting schedule, and exercise terms have to be in writing and signed, not promised verbally, and a misremembered equity promise is a classic founder dispute. Third, non-competes: the FTC's 2024 nationwide ban was struck down in Ryan, LLC v. FTC, and in September 2025 the FTC voted three to one to dismiss its appeal and accept the vacatur, so non-competes are again governed entirely by state law, with several states including California, Minnesota, North Dakota, and Oklahoma banning them outright. Whether you can use one depends entirely on your state. This is general information, not legal advice; confirm classification and any restrictive covenant with an employment attorney.
Decide whether you actually need a VP, or a Director or Head of, before you write the title
The most common VP mistake at a small company is hiring the title before the role. A VP owns strategy across a function or division, builds and leads a team of directors and managers, and represents the function to the board; a Director executes within a department and reports up to a VP; and a Head of role is the pragmatic growth-stage middle ground when you need functional leadership but the org is not yet large enough to support a full VP layer. Organizational-design guidance generally puts the emergence of real VP layers around the point a company passes fifty employees, with flatter Head of and Lead titles recommended below that to preserve room to scale. There is also the title-inflation trap: surveys show a large majority of workers believe employers hand out senior titles in place of raises, and a VP of Sales at a fifteen-person company is often simply the first salesperson with an impressive title. The honest move is to match the title to the actual scope and stage. If you need someone to own a function and report to the board, hire a VP and use these templates; if you need someone to run a department under existing leadership, hire a Director; and if you are between the two, a Head of role often fits a growing company best. FirstHR's org-chart builder makes the reporting structure explicit, which is the clearest test of whether the title you are about to post is real.

After You Hire: Onboarding a Vice President

A VP hire needs a structured onboarding that goes well beyond the usual paperwork. Send the offer with the base, bonus, and any equity, collect the signed offer, and complete Form I-9 and tax forms as part of the new hire paperwork, alongside the equity grant, IP-assignment, and NDA documents the role requires.

Then run the executive onboarding: a structured thirty-sixty-ninety-day plan, an introduction to the team and the board, and the org-chart update the new reporting layer creates. Keep the signed onboarding documents and executive agreements in one place, and the offer letter template covers the base terms while a 30-60-90 day plan template structures the first quarter. If this is among your first senior hires, the guide to hiring your first employee covers the broader playbook.

FirstHR fits this hire directly: e-signature for the offer and the equity, IP-assignment, and NDA documents without printing, document management to store every signed executive agreement, task workflows and an AI onboarding wizard for the structured thirty-sixty-ninety-day onboarding, and the HRIS org-chart builder to redraw the reporting lines a VP hire creates. Because a senior hire reshapes a small company and pricing is flat rather than per seat, you pay one rate regardless of how the org grows, where per-seat tools charge you more as you add the team the VP builds. FirstHR does not run payroll, administer benefits, or give legal advice, so pair it with your payroll and legal resources. Applicant tracking is coming soon to FirstHR.

Key Takeaways
This page is for the corporate vice president a company hires, not the US political office; a VP owns a function and sits below the C-suite, above director.
Match the template to function and stage: generic, first VP hire, VP of sales, operations, finance, or an SVP/EVP/AVP seniority variant.
Confirm you need a VP, not a Director or Head of; real VP layers usually emerge past 50 employees, and title inflation is common below that.
A genuine VP is almost always exempt under the executive exemption and must meet the $684/week threshold; classify by actual duties, not title.
Non-competes are governed by state law again after the FTC's 2024 ban was vacated; several states (CA, MN, ND, OK) ban them outright.
The first VP hire is the most document-intensive onboarding a small company runs: offer, equity, IP-assignment, NDA, and an org-chart change.

Frequently Asked Questions

What does a corporate vice president do?

A corporate vice president owns the strategy and results of a function or division, leads its team, and represents it to leadership and the board. The VP sits below the C-suite and above the director level: strategic rather than purely tactical, accountable for outcomes across a whole function rather than a single department. The core work is consistent across functions: setting strategy and goals, owning a budget and key metrics, building and leading a team of directors and managers, partnering with the CEO on company direction, making high-impact decisions within authority, and driving cross-functional execution. The function defines the rest. A VP of Sales owns revenue, a VP of Operations runs daily operations, a VP of Finance owns financial planning and reporting, and so on. Note the disambiguation that trips up searchers: this describes the business and corporate VP role, not the US Vice President, which is a constitutional political office and a completely different topic. The templates on this page are all for the corporate role.

Is a vice president the same as the US Vice President?

No, and this is the most common confusion with the term. A corporate or business vice president is a senior executive a company hires to lead a function or division, reporting to the CEO or president and owning the strategy and results for that part of the business. The US Vice President is a constitutional political office, elected on a national ticket, who serves as second in line to the presidency and president of the Senate. They share only the word vice president; the roles, the path to them, and everything about them are entirely different. This page, and all of its templates, are about the corporate role that an employer hires for and writes a job description for. If you are researching the political office, this is not the right resource. If you are a company writing a posting for an executive who will own a function and report to your CEO, you are in the right place, and the templates below cover the generic corporate VP plus the common function-specific and seniority variants.

What is the difference between a VP and a director?

A VP is strategic and owns a function; a director is tactical and runs a department within it. A vice president owns the strategy, budget, and results for an entire function or division, builds and leads a team that often includes directors and managers, represents the function to the board, and makes high-authority decisions. A director runs a specific department, executes within the strategy the VP sets, leads managers and individual contributors, and reports up to a VP. The practical hiring rule follows from that: hire a director when you need someone to execute and manage within a department under existing leadership, and hire a VP when you need someone to own strategy across a function and represent it to leadership and the board. At a small or growing company, a third option often fits best: a Head of role, which provides real functional leadership without committing to a full VP layer before the organization is large enough to support it. Match the title to the actual scope and stage, since premature VP hires before the company is ready are a documented and expensive mistake.

When should a small company make its first VP hire?

Make the first VP hire when you need someone to own a function's strategy and build its team, not before, and tie the decision to stage rather than ambition. Organizational-design guidance generally puts the emergence of genuine VP layers around the point a company passes fifty employees; below that, flatter structures with Head of and Lead titles are usually recommended to preserve room to scale. The classic first VP hire is tied to fundraising and traction: a growth-stage startup often makes its first VP of Sales hire after it has repeatable revenue, with VP of Engineering or Product following as the team scales. Timing matters because first VP hires are high-risk: a large share of first-time VP of Sales hires fail or turn over within the first year, which makes both the timing and the job-description and onboarding quality consequential. The honest test is scope: if the role genuinely owns a function, builds a team, and reports to the founder or board, a VP title fits; if it is really the first hire in a function with a fancy title, a Head of title is more accurate and leaves room to promote later. The first-VP-hire template on this page is written for exactly this growth-stage moment.

Is a vice president exempt or non-exempt under the FLSA?

A genuine vice president is almost always exempt, typically under the FLSA executive exemption. That exemption applies when the primary duty is managing the enterprise or a recognized department or division, the role regularly directs the work of at least two or more full-time employees, and the VP has authority to hire and fire or significant influence over those decisions. Most real VP roles meet all three. High-earning VPs can also qualify under the highly-compensated-employee shortcut test, which has a lower duties bar but a much higher total-compensation requirement. Either way, the role must meet the federal salary threshold of $684 per week, or $35,568 per year; the Department of Labor's 2024 rule that would have raised that figure was vacated in court, so the 2019 level remains in effect. One caution: a VP in title only, someone given the title for prestige but who does not actually manage a function or direct staff, may not meet the duties test, so classification should be based on the real duties of the role rather than the title alone. This is general information, not legal advice; confirm with an employment attorney.

What is the difference between SVP, EVP, and VP?

These are seniority tiers within the vice president level, from most to least senior: EVP, then SVP, then VP, with Associate VP or AVP below. An Executive Vice President (EVP) is the most senior VP tier, often running a major business unit or several functions and sitting just below or within the C-suite. A Senior Vice President (SVP) ranks above a standard VP, usually with broader scope, a larger team, or more strategic weight. A Vice President (VP) owns a single function or division. An Associate VP or Assistant VP (AVP) sits below a full VP, often an emerging-leader title, though in banking AVP and VP are mid-level titles that do not carry the same executive weight they do in other industries. The exact meaning varies by company, especially with title inflation, so the practical step is to define what the tier means at your organization before you post, matching the scope, authority, and pay to the title. The seniority-variant template on this page includes a built-in guide to titling the role correctly.

Can I require a non-compete for a VP?

It depends entirely on your state, and the federal picture changed recently. The Federal Trade Commission issued a rule in 2024 that would have banned most non-competes nationwide, but a federal court struck it down in Ryan, LLC v. FTC, and in September 2025 the FTC voted to dismiss its appeal and accept that the rule is vacated. As a result, there is no federal non-compete ban, and enforceability falls back entirely to state law. That law varies widely: several states, including California, Minnesota, North Dakota, and Oklahoma, ban or void most employment non-competes outright, while others permit them only if they are reasonable in scope, duration, and geography and protect a legitimate business interest. For a VP hire, where the executive will have access to strategy, customers, and confidential information, employers often rely instead on confidential-information-and-inventions-assignment agreements and NDAs, which are enforceable in far more states than non-competes. Before including any non-compete in a VP offer, confirm what your state allows, since an unenforceable clause is worse than none. This is general information, not legal advice; confirm with an employment attorney.

What documents does a VP hire need beyond the offer letter?

A VP hire needs a full layer of executive documentation that a frontline hire does not. Beyond the offer letter, plan for an equity or stock-option grant with a written vesting schedule and exercise terms if you are offering equity, a confidential-information-and-inventions-assignment agreement so the company clearly owns the work and intellectual property the VP creates, an NDA, a non-compete only where state law permits one, a background check, and a structured thirty-sixty-ninety-day onboarding plan for the executive's first quarter. The standard new-hire paperwork still applies on top of all that: the signed offer, Form I-9, the W-4 and state tax forms, and state new-hire reporting. The hire also reshapes the organization, since a VP creates a new reporting layer, so updating the org chart is part of the process. This is the most document- and workflow-intensive onboarding a small company runs, which is why doing it on paper or in scattered email threads tends to break down. FirstHR handles the whole sequence with e-signature for the offer and equity, IP, and NDA documents, document management to store every signed agreement, task workflows for the structured onboarding, and an org-chart builder to redraw the reporting lines. FirstHR does not run payroll, administer benefits, or give legal advice, so pair it with your payroll and legal resources.

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