Board of directors member vs senior vice president

The differences between board of directorss member 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 board of directors member and a senior vice president. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $69,241 average annual salary of a board of directors member.

The top three skills for a board of directors member include financial statements, non-profit organization and oversight. The most important skills for a senior vice president are financial services, SVP, and oversight.

Board of directors member vs senior vice president overview

	Board Of Directors Member	Senior Vice President
Yearly salary	$69,241	$194,770
Hourly rate	$33.29	$93.64
Growth rate	6%	6%
Number of jobs	14,968	61,380
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 71%
Average age	52	52
Years of experience	-	-

What does a board of directors member do?

A board of directors member's role is to represent a particular area or personnel within or outside an organization. They are primarily responsible for attending meetings, understanding concerns and giving a vote, crafting policies that would benefit the company and assets they represent, and then implementing them upon other members' approval. Furthermore, they have the power to make corporate decisions revolving around the workforce and financial matters, all in adherence to a business or organization's vision, mission, and policies.

What does a senior vice president do?

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.

Board of directors member vs senior vice president salary

Board of directorss member and senior vice presidents have different pay scales, as shown below.

	Board Of Directors Member	Senior Vice President
Average salary	$69,241	$194,770
Salary range	Between $31,000 And $150,000	Between $125,000 And $302,000
Highest paying City	-	Seattle, WA
Highest paying state	-	Washington
Best paying company	-	Brookfield Properties
Best paying industry	-	Media

Differences between board of directors member and senior vice president education

There are a few differences between a board of directors member and a senior vice president in terms of educational background:

	Board Of Directors Member	Senior Vice President
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Board of directors member vs senior vice president demographics

Here are the differences between board of directorss member' and senior vice presidents' demographics:

	Board Of Directors Member	Senior Vice President
Average age	52	52
Gender ratio	Male, 54.9% Female, 45.1%	Male, 74.9% Female, 25.1%
Race ratio	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% 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%

Differences between board of directors member and senior vice president duties and responsibilities

Board of directors member example responsibilities.

Manage all association's bookkeeping on QuickBooks.
Manage the application and qualification process with the IRS for the organization's 501c4 tax exempt status.
Assume leadership of demoralize congregation and accomplish a restoration of church membership confidence and public relations within the community.
Interface with OSHA, IRS, CPA external auditor, commercial banks, and outside vendors.
Provide direct oversight of all CRM activities.
Research and file documents to incorporate and receive IRS non-profit status.

Senior vice president example responsibilities.

Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.

Board of directors member vs senior vice president skills

Common board of directors member skills

Financial Statements, 16%
Non-Profit Organization, 16%
Oversight, 11%
Community Outreach, 6%
Governance, 5%
Strategic Direction, 4%

Common senior vice president skills

Financial Services, 8%
SVP, 7%
Oversight, 6%
Healthcare, 6%
Risk Management, 5%
Project Management, 4%

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Board Of Directors Member
Board Of Directors Member vs Senior Vice President

Updated January 8, 2025

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