Re:The scourge of job title inflation
by bluGill on Tuesday December 13, 2022 @09:33AM
(#33969366)
Yes, a VP can legally make decisions on behalf of a company that normal people cannot. As such some industries will have more VPs than others.
When you get a loan (ie for a normal house) a vice president is probably required to sign off on it. Thus banks have vice presidents at most/all branch locations. Their pay, responsibility, and influence is pretty small in the company, but they are a vice president because that title is legally required to make the routine decisions they make every day.
The top salesmen in most companies also get a vice president title because customers fell important customers if a vice president is assigned to talk to them. Of course a vice president is allowed to make some decisions so they should (but may not) avoid promising things as it could be legally binding.
When you get a loan (ie for a normal house) a vice president is probably required to sign off on it. Thus banks have vice presidents at most/all branch locations. Their pay, responsibility, and influence is pretty small in the company, but they are a vice president because that title is legally required to make the routine decisions they make every day.
The top salesmen in most companies also get a vice president title because customers fell important customers if a vice president is assigned to talk to them. Of course a vice president is allowed to make some decisions so they should (but may not) avoid promising things as it could be legally binding.