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The differences between executive vice presidents and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an executive vice president, becoming a division vice president takes usually requires 4-6 years. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $158,729 average annual salary of a division vice president.
The top three skills for an executive vice president include financial statements, oversight and business development. The most important skills for a division vice president are healthcare, oversight, and business development.
| Executive Vice President | Division Vice President | |
| Yearly salary | $216,285 | $158,729 |
| Hourly rate | $103.98 | $76.31 |
| Growth rate | 6% | 6% |
| Number of jobs | 123,982 | 68,176 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.
Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.
Executive vice presidents and division vice presidents have different pay scales, as shown below.
| Executive Vice President | Division Vice President | |
| Average salary | $216,285 | $158,729 |
| Salary range | Between $118,000 And $394,000 | Between $104,000 And $240,000 |
| Highest paying City | Washington, DC | Mahwah, NJ |
| Highest paying state | Washington | Connecticut |
| Best paying company | Gartner | Barclays |
| Best paying industry | Telecommunication | Media |
There are a few differences between an executive vice president and a division vice president in terms of educational background:
| Executive Vice President | Division Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive vice presidents' and division vice presidents' demographics:
| Executive Vice President | Division Vice President | |
| Average age | 52 | 44 |
| Gender ratio | Male, 74.7% Female, 25.3% | Male, 78.4% Female, 21.6% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |