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The differences between presidents and group 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 a president, becoming a group vice president takes usually requires 6-8 years. Additionally, a president has an average salary of $192,329, which is higher than the $167,679 average annual salary of a group vice president.
The top three skills for a president include financial statements, product development and R. The most important skills for a group vice president are financial services, healthcare, and project management.
| President | Group Vice President | |
| Yearly salary | $192,329 | $167,679 |
| Hourly rate | $92.47 | $80.61 |
| Growth rate | 6% | 17% |
| Number of jobs | 49,413 | 51,499 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Average age | 52 | 46 |
| Years of experience | - | 8 |
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
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.
Presidents and group vice presidents have different pay scales, as shown below.
| President | Group Vice President | |
| Average salary | $192,329 | $167,679 |
| Salary range | Between $114,000 And $323,000 | Between $106,000 And $264,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New York | Alaska |
| Best paying company | UnitedHealth Group | Citi |
| Best paying industry | - | Finance |
There are a few differences between a president and a group vice president in terms of educational background:
| President | Group Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between presidents' and group vice presidents' demographics:
| President | Group Vice President | |
| Average age | 52 | 46 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 71.5% Female, 28.5% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% | Black 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% |
| LGBT Percentage | 12% | 11% |