Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between president & chief operating 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 operating officer and a vice president. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $158,637 average annual salary of a vice president.
The top three skills for a president & chief operating officer include financial performance, revenue growth and product development. The most important skills for a vice president are healthcare, oversight, and project management.
| President & Chief Operating Officer | Vice President | |
| Yearly salary | $211,982 | $158,637 |
| Hourly rate | $101.91 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,349 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
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 operating officers and vice presidents have different pay scales, as shown below.
| President & Chief Operating Officer | Vice President | |
| Average salary | $211,982 | $158,637 |
| Salary range | Between $114,000 And $391,000 | Between $107,000 And $235,000 |
| Highest paying City | Las Vegas, NV | San Francisco, CA |
| Highest paying state | Nevada | New York |
| Best paying company | Global Atlantic Financial Group Limited | Brookfield Properties |
| Best paying industry | Construction | Manufacturing |
There are a few differences between a president & chief operating officer and a vice president in terms of educational background:
| President & Chief Operating Officer | Vice President | |
| Most common degree | Bachelor's Degree, 69% | 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 operating officers' and vice presidents' demographics:
| President & Chief Operating Officer | Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 86.1% Female, 13.9% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% 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% |