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Assistant vice president vs chief operating officer

The differences between assistant vice presidents and chief operating officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an assistant vice president and a chief operating officer. Additionally, a chief operating officer has an average salary of $136,604, which is higher than the $125,190 average annual salary of an assistant vice president.

The top three skills for an assistant vice president include AVP, risk management and project management. The most important skills for a chief operating officer are healthcare, customer service, and oversight.

Assistant vice president vs chief operating officer overview

Assistant Vice PresidentChief Operating Officer
Yearly salary$125,190$136,604
Hourly rate$60.19$65.67
Growth rate6%6%
Number of jobs41,222128,993
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 65%
Average age5252
Years of experience--

What does an assistant vice president do?

An assistant vice president is responsible for supporting the company's strategies and procedures for growth and development, working alongside the board executives. Assistant vice presidents should ensure that all the company's policies and legal procedures comply with all employees. They also supervise every operations department's head to ensure the smooth flow of business processes, providing additional assistance and resources as needed. Assistant vice presidents also monitor the company's expenses and sales goals to improve the business' performance and profitability.

What does a chief operating officer do?

A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.

Assistant vice president vs chief operating officer salary

Assistant vice presidents and chief operating officers have different pay scales, as shown below.

Assistant Vice PresidentChief Operating Officer
Average salary$125,190$136,604
Salary rangeBetween $96,000 And $163,000Between $81,000 And $229,000
Highest paying CityWashington, DCJersey City, NJ
Highest paying stateRhode IslandNew Jersey
Best paying companyMetLifeBaker McKenzie
Best paying industryFinanceManufacturing

Differences between assistant vice president and chief operating officer education

There are a few differences between an assistant vice president and a chief operating officer in terms of educational background:

Assistant Vice PresidentChief Operating Officer
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Assistant vice president vs chief operating officer demographics

Here are the differences between assistant vice presidents' and chief operating officers' demographics:

Assistant Vice PresidentChief Operating Officer
Average age5252
Gender ratioMale, 59.8% Female, 40.2%Male, 76.6% Female, 23.4%
Race ratioBlack or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.6% White, 76.3% American Indian and Alaska Native, 0.6%Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between assistant vice president and chief operating officer duties and responsibilities

Assistant vice president example responsibilities.

  • Implement budget report which allow unit to achieve expense objective of $25MM/397 FTE target.
  • Manage and update controls and procedures as needed to maintain SOX compliance and manage quarterly testing for the department.
  • Manage the BSA portion of all regulatory examinations with outside auditors and regulators.
  • Manage daily ACH transfers and wire transactions including verifying all investor distributions are process.
  • Manage Citi's capital planning and funding process and develop recommendations for capital utilization.
  • Prepare presentations, contracts, manage logistics, provide quality control and safety requirements.
  • Show more

Chief operating officer example responsibilities.

  • Manage the RFP process and present investment packages to local and regional lenders to procure acquisition and long term debt financing.
  • Develop and integrate care services, achieve and maintain JCAHO accreditation.
  • Attain ISO registration, resulting in excellent documentation and adherence to operational and administrative process controls.
  • Manage the implementation of a new supply base global ERP system that reduce inventory and enable just-in-time delivery.
  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
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Assistant vice president vs chief operating officer skills

Common assistant vice president skills
  • AVP, 9%
  • Risk Management, 6%
  • Project Management, 5%
  • Oversight, 5%
  • Rehabilitation, 5%
  • PowerPoint, 4%
Common chief operating officer skills
  • Healthcare, 11%
  • Customer Service, 8%
  • Oversight, 7%
  • Financial Management, 7%
  • Business Strategies, 6%
  • Human Resources, 6%

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