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The differences between managers, assistant vice president and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a manager, assistant vice president and a senior vice president. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $105,363 average annual salary of a manager, assistant vice president.
The top three skills for a manager, assistant vice president include customer service, financial statements and risk management. The most important skills for a senior vice president are financial services, SVP, and oversight.
Manager, Assistant Vice President | Senior Vice President | |
Yearly Salary | $105,363 | $194,770 |
Hourly rate | $50.66 | $93.64 |
Growth Rate | 6% | 6% |
Number Of Jobs | 36,067 | 61,380 |
Job Satisfaction | - | - |
Most Common Degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
Average Age | 52 | 52 |
Years Of Experience | - | - |
A manager/assistant vice president is responsible for monitoring corporate projects and investment opportunities under the guidance of the vice president. Manager/assistant vice presidents meet with clients, provide project updates, and assist with any project adjustments as client requests. They identify business opportunities, develop strategic plans, and improve the organization's services to boost client satisfaction, generate more revenues, and achieve profitability goals. A manager/assistant vice president helps to maintain the company's good reputation by handling customers, resolving complaints, and evaluating staff performance.
A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.
Managers, assistant vice president and senior vice presidents have different pay scales, as shown below.
Manager, Assistant Vice President | Senior Vice President | |
Average Salary | $105,363 | $194,770 |
Salary Range | Between $76,000 And $144,000 | Between $125,000 And $302,000 |
Highest Paying City | Jersey City, NJ | Seattle, WA |
Highest Paying State | New Jersey | Washington |
Best Paying Company | Apple | Brookfield Properties |
Best Paying Industry | Finance | Media |
There are a few differences between a manager, assistant vice president and a senior vice president in terms of educational background:
Manager, Assistant Vice President | Senior Vice President | |
Most Common Degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
Most Common Major | Business | Business |
Most Common College | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managers, assistant vice president' and senior vice presidents' demographics:
Manager, Assistant Vice President | Senior Vice President | |
Average Age | 52 | 52 |
Gender Ratio | Male, 52.9% Female, 47.1% | Male, 74.9% Female, 25.1% |
Race Ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.6% White, 76.6% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% |
LGBT Percentage | 12% | 12% |