Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between president/chief executive officers and 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 president/chief executive officer and a vice president. Additionally, a president/chief executive officer has an average salary of $240,732, which is higher than the $158,637 average annual salary of a vice president.
The top three skills for a president/chief executive officer include financial management, revenue growth and R. The most important skills for a vice president are healthcare, oversight, and project management.
| President/Chief Executive Officer | Vice President | |
| Yearly salary | $240,732 | $158,637 |
| Hourly rate | $115.74 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 163,378 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
President/chief executive officers and vice presidents have different pay scales, as shown below.
| President/Chief Executive Officer | Vice President | |
| Average salary | $240,732 | $158,637 |
| Salary range | Between $134,000 And $429,000 | Between $107,000 And $235,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Better Homes and Gardens Real Estate | Brookfield Properties |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a president/chief executive officer and a vice president in terms of educational background:
| President/Chief Executive Officer | Vice President | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president/chief executive officers' and vice presidents' demographics:
| President/Chief Executive Officer | Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 78.9% Female, 21.1% | Male, 65.8% Female, 34.2% |
| 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |