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The differences between senior associates and vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior associate, becoming a vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, which is higher than the $83,034 average annual salary of a senior associate.
The top three skills for a senior associate include project management, business development and powerpoint. The most important skills for a vice president are healthcare, oversight, and project management.
| Senior Associate | Vice President | |
| Yearly salary | $83,034 | $158,637 |
| Hourly rate | $39.92 | $76.27 |
| Growth rate | 8% | 6% |
| Number of jobs | 54,601 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Average age | 44 | 52 |
| Years of experience | 4 | - |
The Responsibilities of a Senior Associate will depend on the line of organization or industry. Most of the time, the duties will revolve around conducting various testing and assessments, planning and analysis, developing innovative solutions to boost company productivity, and keeping an organized flow of documentation. Furthermore, it is the responsibility of a Senior to Associate to lead a team of skilled professionals and shape them with extensive knowledge while adhering to its policies and regulations.
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.
Senior associates and vice presidents have different pay scales, as shown below.
| Senior Associate | Vice President | |
| Average salary | $83,034 | $158,637 |
| Salary range | Between $56,000 And $121,000 | Between $107,000 And $235,000 |
| Highest paying City | Jersey City, NJ | San Francisco, CA |
| Highest paying state | New Jersey | New York |
| Best paying company | Sheppard Mullin Richter & Hampton | Brookfield Properties |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a senior associate and a vice president in terms of educational background:
| Senior Associate | Vice President | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior associates' and vice presidents' demographics:
| Senior Associate | Vice President | |
| Average age | 44 | 52 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 65.8% Female, 34.2% |
| Race ratio | Black or African American, 10.5% Unknown, 6.5% Hispanic or Latino, 15.8% Asian, 6.2% White, 60.4% American Indian and Alaska Native, 0.5% | 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% |