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Group vice president vs division vice president

The differences between group vice presidents and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a group vice president, becoming a division vice president takes usually requires 4-6 years. Additionally, a group vice president has an average salary of $167,679, which is higher than the $158,729 average annual salary of a division vice president.

The top three skills for a group vice president include financial services, healthcare and project management. The most important skills for a division vice president are healthcare, oversight, and business development.

Group vice president vs division vice president overview

Group Vice PresidentDivision Vice President
Yearly salary$167,679$158,729
Hourly rate$80.61$76.31
Growth rate17%6%
Number of jobs51,49968,176
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 74%
Average age4644
Years of experience86

What does a group vice president do?

A group vice president is primarily in charge of implementing an organization or group's policies and regulations, including its vision and mission. Most of the time, they directly report progress to the president and assist in carrying out new programs and protocols that optimize the overall business procedures. Their responsibilities also include researching new business opportunities, developing solutions on organizational issues, setting goals and objectives, overseeing the performance of the workforce, and monitoring the workflow to ensure efficiency and growth.

What does a division vice president do?

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.

Group vice president vs division vice president salary

Group vice presidents and division vice presidents have different pay scales, as shown below.

Group Vice PresidentDivision Vice President
Average salary$167,679$158,729
Salary rangeBetween $106,000 And $264,000Between $104,000 And $240,000
Highest paying CitySeattle, WAMahwah, NJ
Highest paying stateAlaskaConnecticut
Best paying companyCitiBarclays
Best paying industryFinanceMedia

Differences between group vice president and division vice president education

There are a few differences between a group vice president and a division vice president in terms of educational background:

Group Vice PresidentDivision Vice President
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Group vice president vs division vice president demographics

Here are the differences between group vice presidents' and division vice presidents' demographics:

Group Vice PresidentDivision Vice President
Average age4644
Gender ratioMale, 71.5% Female, 28.5%Male, 78.4% Female, 21.6%
Race ratioBlack or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3%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 Percentage11%10%

Differences between group vice president and division vice president duties and responsibilities

Group vice president example responsibilities.

  • Lead managements of emerging healthcare companies to raise capital through initial public offerings and other financial alternatives.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Perform asset management duties that cover project development and property management oversight.
  • Supervise, coordinate and provide oversight for budgeting and financial planning activities during site development.
  • Deliver strategic market planning and tactical implementation of programs to educate healthcare professionals and to further free exchange of scientific information.
  • Manage all aspects of portfolio management including: strategy development, capital and expense forecasting, process development and performance measurement.
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Division vice president example responsibilities.

  • Manage strategic alliances with distributor executives, together with communication and oversight of all corporate objectives and strategies.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Develop and submit quarterly reports of outcomes data to Medicare.
  • Complete search and execute agreements for local Korean sales representation for Hyundai and Kia in Seoul.
  • Develop Renault and Nissan as new customers.
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Group vice president vs division vice president skills

Common group vice president skills
  • Financial Services, 8%
  • Healthcare, 7%
  • Project Management, 6%
  • Due Diligence, 5%
  • Oversight, 5%
  • Direct Reports, 5%
Common division vice president skills
  • Healthcare, 18%
  • Oversight, 8%
  • Business Development, 5%
  • Financial Statements, 4%
  • Risk Management, 4%
  • Due Diligence, 4%

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