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The differences between development vice presidents and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a development vice president, becoming a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $156,085 average annual salary of a development vice president.
The top three skills for a development vice president include business development, java and development finance. The most important skills for a senior vice president are financial services, SVP, and oversight.
| Development Vice President | Senior Vice President | |
| Yearly salary | $156,085 | $194,770 |
| Hourly rate | $75.04 | $93.64 |
| Growth rate | 7% | 6% |
| Number of jobs | 94,188 | 61,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Average age | 45 | 52 |
| Years of experience | 4 | - |
A development vice president is in charge of overseeing the operations in a company, ensuring a smooth workflow and efficient workforce. Their responsibilities revolve around creating strategies to develop optimal procedures and services, setting goals and sales targets, identifying the strengths and weaknesses of operations to spearhead improvements, coordinating with analysts and marketing experts to assess the market and consumer needs, and monitoring the progress of different projects. Furthermore, as a development vice president, it is essential to implement the policies and regulations, creating new ones as needed.
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.
Development vice presidents and senior vice presidents have different pay scales, as shown below.
| Development Vice President | Senior Vice President | |
| Average salary | $156,085 | $194,770 |
| Salary range | Between $103,000 And $235,000 | Between $125,000 And $302,000 |
| Highest paying City | Portland, OR | Seattle, WA |
| Highest paying state | Oregon | Washington |
| Best paying company | Mall of America | Brookfield Properties |
| Best paying industry | Hospitality | Media |
There are a few differences between a development vice president and a senior vice president in terms of educational background:
| Development Vice President | Senior Vice President | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between development vice presidents' and senior vice presidents' demographics:
| Development Vice President | Senior Vice President | |
| Average age | 45 | 52 |
| Gender ratio | Male, 67.0% Female, 33.0% | Male, 74.9% Female, 25.1% |
| Race ratio | Black or African American, 11.2% Unknown, 5.5% Hispanic or Latino, 15.7% Asian, 4.4% White, 62.7% American Indian and Alaska Native, 0.5% | 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 | 18% | 12% |