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The differences between assistant vice presidents 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 an 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 $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 senior vice president are financial services, SVP, and oversight.
| Assistant Vice President | Senior Vice President | |
| Yearly salary | $125,190 | $194,770 |
| Hourly rate | $60.19 | $93.64 |
| Growth rate | 6% | 6% |
| Number of jobs | 41,222 | 61,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
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.
Assistant vice presidents and senior vice presidents have different pay scales, as shown below.
| Assistant Vice President | Senior Vice President | |
| Average salary | $125,190 | $194,770 |
| Salary range | Between $96,000 And $163,000 | Between $125,000 And $302,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | Rhode Island | Washington |
| Best paying company | MetLife | Brookfield Properties |
| Best paying industry | Finance | Media |
There are a few differences between an assistant vice president and a senior vice president in terms of educational background:
| Assistant Vice President | Senior Vice President | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between assistant vice presidents' and senior vice presidents' demographics:
| Assistant Vice President | Senior Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 74.9% Female, 25.1% |
| Race ratio | Black 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, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |