Finbox did a similar ranking in 2010 and there have been some interesting changes in the past year. Lazard has no longer qualified for this ranking, where as Charles Schwab jumped into the top five and Bank of America, while coming in 19th, is making it's first appearance. Other first timers to qualify are New York Life Insurance and Wachovia Bank (Wells Fargo.)
What may be most interesting to note is almost every single VP titled salary average on this years ranking has gone down since last year, some by tens of thousands, others only minisculely.
This ranking was compiled by the Finbox team based on salaries submitted to this online community by this online community. Each user-submitted salary was then reviewed by a third party auditor who is the only member of our team receiving these names - in affect maintaining user anonymity and Finbox's accuracy. Now let's see how how our VP's are stacking up in 2011!