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The differences between senior advisors and senior managers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior advisor has an average salary of $119,558, which is higher than the $118,906 average annual salary of a senior manager.
The top three skills for a senior advisor include healthcare, project management and risk management. The most important skills for a senior manager are analytics, project management, and portfolio.
| Senior Advisor | Senior Manager | |
| Yearly salary | $119,558 | $118,906 |
| Hourly rate | $57.48 | $57.17 |
| Growth rate | 10% | 6% |
| Number of jobs | 45,673 | 372,801 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | - | 6 |
A senior advisor's responsibilities will vary on the type of industry where one is involved. However, most of it will revolve around sharing extensive expertise and knowledge that is vital in a company's decision-making processes. A senior advisor must also conduct research and analysis, inspect issues, implement policies, and devise strategies that will benefit the company. Furthermore, as a senior advisor, they may have the task of mentoring less experienced professionals in their joint effort to bring more profit and significant results to the company.
A senior manager is responsible for directing the overall efficiency of business operations. Senior managers monitor the performance of the staff, improve operational strategies, identify business opportunities, allocate budgets and resources, present reports to senior management, set goals to drive results on increasing the company's revenues and profitability. Senior managers must coordinate with various operations departments to maintain good feedback for the company, meeting client's expectations, and delivering the best results. They should have excellent communication and leadership skills to handle team members, as well as managing their needs and concerns.
Senior advisors and senior managers have different pay scales, as shown below.
| Senior Advisor | Senior Manager | |
| Average salary | $119,558 | $118,906 |
| Salary range | Between $87,000 And $162,000 | Between $86,000 And $163,000 |
| Highest paying City | Richmond, CA | San Francisco, CA |
| Highest paying state | California | New Jersey |
| Best paying company | Kirkland & Ellis | Cornerstone Research |
| Best paying industry | Professional | Professional |
There are a few differences between a senior advisor and a senior manager in terms of educational background:
| Senior Advisor | Senior Manager | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between senior advisors' and senior managers' demographics:
| Senior Advisor | Senior Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 67.5% Female, 32.5% |
| Race ratio | Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 11% | 10% |