As of March 01, 2025, the average annual salary for a VP of Exploration in Palatine, IL is $411,104. Salary.com reports that pay typically ranges from $358,853 to $477,194, with most professionals earning between $311,280 and $537,364.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $465,101 | $38,758 | $8,944 | $224 |
| Average | $400,686 | $33,391 | $7,706 | $193 |
| 25th Percentile | $349,759 | $29,147 | $6,726 | $168 |
An entry-level VP of Exploration with under 1 year experience makes about $374,936. With less than 2 years of experience, a mid-level VP of Exploration makes around $379,564. After 2-4 years, the VP of Exploration pay rises to about $383,421. Those senior VP of Exploration with 5-8 years of experience earn roughly $389,592, and those VP of Exploration having 8 years or more experience are expected to earn about $397,305 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Exploration | $374,936 |
| Intermediate Level VP of Exploration | $379,564 |
| Senior Level VP of Exploration | $383,421 |
| Specialist Level VP of Exploration | $389,592 |
| Expert Level VP of Exploration | $397,305 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
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