Average Vice President Sales Salary in Puerto Rico for 2024

In this article, we will look at the average Vice President Sales salary for 2024 in Puerto Rico and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Vice President Sales Make in Puerto Rico?

A Vice President Sales working in Puerto Rico will typically earn around 30,600 USD per year, and this can range from the lowest average salary of about 18,300 USD to the highest average salary of 49,400 USD.

Average Annual Salary
30,600 USD
Average Monthly Salary
2,550 USD

Lowest Annual Salary
18,300 USD
Lowest Monthly Salary
1,525 USD

Highest Annual Salary
49,400 USD
Highest Monthly Salary
4,116 USD

These are average salaries for a Vice President Sales in Puerto Rico and include benefits such as housing and transport. It's also possible for a Vice President Sales to earn more or less than the average salaries shown above.

Vice President Sales salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Vice President Sales Salaries in Puerto Rico

So we've looked at the average salaries a Vice President Sales will earn in Puerto Rico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Vice President Sales can earn between 18,300 USD and 49,400 USD on average in Puerto Rico. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Vice President Sales in Puerto Rico is 31,300 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 31,300 USD, and 50% of the population earn more than 31,300 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Vice President Sales salary in Puerto Rico, 25% of the population are earning less than 20,200 USD while 75% of the population earn more than 20,200 USD.

75% of the population earn less than 34,800 USD, and 25% of the population earn more than 34,800 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Vice President Sales Salary by Experience Level in Puerto Rico

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average vice president sales salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Vice President Sales in Puerto Rico that has less than two years of experience can expect to earn somewhere in the region of 18,900 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Vice President Sales salary would increase to 23,400 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Vice President Sales, the average salary would be 32,600 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 40,500 USD.
  • 15 - 20 Years Experience. A Vice President Sales with 15 to 20 years of experience can earn an average of 43,500 USD.
  • 20+ Years Experience. For a Vice President Sales with more than 20 years, the expected average salary increases to 46,300 USD.

Average Salary by Experience Chart

0-2 Years
18,900 USD
2-5 Years +23%
23,400 USD
5-10 Years +42%
32,600 USD
10-15 Years +17%
40,500 USD
15-20 Years +10%
43,500 USD
20+ Years +6%
46,300 USD

Vice President Sales Salary by Education Level in Puerto Rico

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Vice President Sales in Puerto Rico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Vice President Sales in Puerto Rico with a high school education can earn an average salary of 22,200 USD.

  • Certificate or Diploma. A Vice President Sales in Puerto Rico with a certificate or diploma education can earn an average salary of 25,800 USD.

  • Bachelor's Degree. A Vice President Sales in Puerto Rico with a bachelor's degree education can earn an average salary of 33,000 USD.

  • Master's Degree. A Vice President Sales in Puerto Rico with a master's degree education can earn an average salary of 46,300 USD.

Average Salary by Education Chart

High School
22,200 USD
Certificate or Diploma +13%
25,800 USD
Bachelor's Degree +31%
33,000 USD
Master's Degree +32%
46,300 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Puerto Rico is around 8,390 to 25,200 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Vice President Sales Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Puerto Rico, a male vice president sales will earn an average of 32,900 USD, while a female vice president sales will earn around 27,700 USD.

This means that a male vice president sales earns approximately 19% more than a female vice president sales for performing the same job.

Average Salary by Gender Chart in Puerto Rico

Male
32,900 USD
Female -19%
27,700 USD

Vice President Sales Average Pay Raise in Puerto Rico

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Vice President Sales in Puerto Rico is around 8% every 29 months.

The national average pay raise across all professions and industries in Puerto Rico is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Vice President Sales in Puerto Rico can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Puerto Rico for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Puerto Rico.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Vice President Sales Bonus and Incentive Rates in Puerto Rico

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Vice President Sales is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
61%
No Bonus
39%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Puerto Rico earn approximately 23% more than private sector employees in the same role.

Public Sector
23,400 USD
Private Sector -23%
19,000 USD

Salaries for Jobs Similar to a Vice President Sales

In the table below, we have salary information for jobs that are similar to a Vice President Sales in Puerto Rico.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 24,400 USD
Account Officer Sales Retail and Wholesale 10,000 USD
Area Manager Sales Retail and Wholesale 22,400 USD
Area Sales Director Sales Retail and Wholesale 36,800 USD
Area Sales Manager Sales Retail and Wholesale 32,200 USD
Assisstant Store Supervisor Sales Retail and Wholesale 14,900 USD
Assistant Department Manager Sales Retail and Wholesale 14,300 USD
Assistant Retail Store Manager Sales Retail and Wholesale 16,000 USD
Branch Manager Sales Retail and Wholesale 22,800 USD
Branch Supervisor Sales Retail and Wholesale 19,400 USD
Cashier Sales Retail and Wholesale 8,490 USD
Cashier Manager Sales Retail and Wholesale 15,700 USD
Commercial Sales Manager Sales Retail and Wholesale 31,400 USD
Corporate Sales Manager Sales Retail and Wholesale 26,900 USD
Depot Manager Sales Retail and Wholesale 22,300 USD
Depot Supervisor Sales Retail and Wholesale 17,800 USD
Deputy Sales Manager Sales Retail and Wholesale 21,100 USD
Director of Sales Sales Retail and Wholesale 36,800 USD
Distribution Director Sales Retail and Wholesale 26,500 USD
District Leader Sales Retail and Wholesale 19,400 USD
District Manager Sales Retail and Wholesale 23,400 USD
District Sales Manager Sales Retail and Wholesale 22,800 USD
External Sales Account Manager Sales Retail and Wholesale 23,800 USD
Field Sales Representative Sales Retail and Wholesale 17,100 USD
Furniture Sales Associate Sales Retail and Wholesale 12,300 USD
Global Wholesale Manager Sales Retail and Wholesale 40,700 USD
Head Cashier Sales Retail and Wholesale 17,100 USD
Head of Direct Sales Sales Retail and Wholesale 26,500 USD
Head of Retail Sales Retail and Wholesale 29,600 USD
Head Teller Sales Retail and Wholesale 12,900 USD
Inside Sales Sales Retail and Wholesale 10,000 USD
Inside Sales Account Manager Sales Retail and Wholesale 17,900 USD
Inside Sales Engineer Sales Retail and Wholesale 14,200 USD
Inside Sales Executive Sales Retail and Wholesale 22,600 USD
Inside Sales Representative Sales Retail and Wholesale 11,800 USD
Internal Sales Manager Sales Retail and Wholesale 22,800 USD
Inventory Manager Sales Retail and Wholesale 24,400 USD
Key Account Manager Sales Retail and Wholesale 22,300 USD
Medical Device Sales Sales Retail and Wholesale 17,100 USD
Medical Device Sales Representative Sales Retail and Wholesale 19,300 USD
Merchandiser Sales Retail and Wholesale 15,500 USD
National Account Manager Sales Retail and Wholesale 30,600 USD
National Customer Solution Specialist Sales Retail and Wholesale 27,400 USD
National Sales Manager Sales Retail and Wholesale 38,000 USD
Outside Sales Representative Sales Retail and Wholesale 16,800 USD
Parts Salesperson Sales Retail and Wholesale 12,800 USD
Project Development Manager Sales Retail and Wholesale 23,600 USD
Project Manager Sales Retail and Wholesale 27,600 USD
Project Sales Executive Sales Retail and Wholesale 26,400 USD
Purchasing and Sales Executive Sales Retail and Wholesale 35,000 USD
Quotation Engineer Sales Retail and Wholesale 13,700 USD
Regional Sales Director Sales Retail and Wholesale 38,000 USD
Regional Sales Manager Sales Retail and Wholesale 40,500 USD
Relationship Manager Sales Retail and Wholesale 27,400 USD
Retail Merchandiser Sales Retail and Wholesale 10,500 USD
Retail Operations Manager Sales Retail and Wholesale 25,300 USD
Retail Sales Associate Sales Retail and Wholesale 16,000 USD
Retail Sales Representative Sales Retail and Wholesale 13,900 USD
Retail Salesperson Sales Retail and Wholesale 13,400 USD
Retail Store Manager Sales Retail and Wholesale 24,800 USD
Retail Store Sales Person Sales Retail and Wholesale 13,400 USD
Revenue Manager Sales Retail and Wholesale 22,800 USD
Sales Account Manager Sales Retail and Wholesale 27,300 USD
Sales Admin Executive Sales Retail and Wholesale 30,800 USD
Sales Administration Manager Sales Retail and Wholesale 26,500 USD
Sales Analyst Sales Retail and Wholesale 23,400 USD
Sales Assistant Sales Retail and Wholesale 6,990 USD
Sales Associate Sales Retail and Wholesale 10,200 USD
Sales Consultant Sales Retail and Wholesale 20,300 USD
Sales Coordinator Sales Retail and Wholesale 14,700 USD
Sales Development Representative Sales Retail and Wholesale 13,500 USD
Sales Director Sales Retail and Wholesale 39,800 USD
Sales Engineer Sales Retail and Wholesale 14,900 USD
Sales Executive Sales Retail and Wholesale 25,300 USD
Sales Manager Sales Retail and Wholesale 35,500 USD
Sales Officer Sales Retail and Wholesale 15,100 USD
Sales Planner Sales Retail and Wholesale 22,000 USD
Sales Planning Analyst Sales Retail and Wholesale 22,600 USD
Sales Representative Sales Retail and Wholesale 13,400 USD
Sales Service Associate Sales Retail and Wholesale 10,000 USD
Sales Specialist Sales Retail and Wholesale 19,200 USD
Sales Supervisor Sales Retail and Wholesale 18,900 USD
Sales Support Sales Retail and Wholesale 10,320 USD
Sales Support Manager Sales Retail and Wholesale 23,000 USD
Sales Team Leader Sales Retail and Wholesale 21,400 USD
Sales Trainer Sales Retail and Wholesale 22,300 USD
Securities Sales Agent Sales Retail and Wholesale 21,100 USD
Shipper / Receiver Sales Retail and Wholesale 9,660 USD
Shop Manager Sales Retail and Wholesale 20,200 USD
Store Development Administrator Sales Retail and Wholesale 16,400 USD
Store Manager Sales Retail and Wholesale 24,800 USD
Territory Sales Manager Sales Retail and Wholesale 30,300 USD
Territory Sales Representative Sales Retail and Wholesale 18,600 USD
Trade Marketing Officer Sales Retail and Wholesale 19,300 USD
Treasury Officer Sales Retail and Wholesale 18,600 USD
Visual Merchandiser Sales Retail and Wholesale 12,200 USD

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