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The differences between managers, assistant vice president and branch managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a manager, assistant vice president, becoming a branch manager takes usually requires 6-8 years. Additionally, a manager, assistant vice president has an average salary of $105,363, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a manager, assistant vice president include customer service, financial statements and risk management. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Manager, Assistant Vice President | Branch Manager | |
| Yearly salary | $105,363 | $56,291 |
| Hourly rate | $50.66 | $27.06 |
| Growth rate | 6% | 17% |
| Number of jobs | 36,067 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Average age | 52 | 46 |
| Years of experience | - | 8 |
A manager/assistant vice president is responsible for monitoring corporate projects and investment opportunities under the guidance of the vice president. Manager/assistant vice presidents meet with clients, provide project updates, and assist with any project adjustments as client requests. They identify business opportunities, develop strategic plans, and improve the organization's services to boost client satisfaction, generate more revenues, and achieve profitability goals. A manager/assistant vice president helps to maintain the company's good reputation by handling customers, resolving complaints, and evaluating staff performance.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Managers, assistant vice president and branch managers have different pay scales, as shown below.
| Manager, Assistant Vice President | Branch Manager | |
| Average salary | $105,363 | $56,291 |
| Salary range | Between $76,000 And $144,000 | Between $39,000 And $80,000 |
| Highest paying City | Jersey City, NJ | Oakland, CA |
| Highest paying state | New Jersey | Alaska |
| Best paying company | Apple | FNB |
| Best paying industry | Finance | Professional |
There are a few differences between a manager, assistant vice president and a branch manager in terms of educational background:
| Manager, Assistant Vice President | Branch Manager | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between managers, assistant vice president' and branch managers' demographics:
| Manager, Assistant Vice President | Branch Manager | |
| Average age | 52 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.6% White, 76.6% American Indian and Alaska Native, 0.6% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 11% |