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The differences between senior executives and executive 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 executive, becoming an executive vice president takes usually requires More than 10 years. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $104,507 average annual salary of a senior executive.
The top three skills for a senior executive include customer service, project management and SR. The most important skills for an executive vice president are financial statements, oversight, and business development.
| Senior Executive | Executive Vice President | |
| Yearly salary | $104,507 | $216,285 |
| Hourly rate | $50.24 | $103.98 |
| Growth rate | -8% | 6% |
| Number of jobs | 74,894 | 123,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Average age | 49 | 52 |
| Years of experience | 4 | - |
A senior executive is responsible for supporting the chief technology officer and other higher officials on implementing critical corporate decisions, especially on identifying business opportunities to extend business partnership scopes and drive more revenue resources, supporting the company's financial stability. Senior executives oversee departmental operations across the company, ensuring production efficiency and high-quality output deliverables. They may also handle operational budgets and allocate adequate resources to each department's head. A senior executive attends meetings and conferences with other executives, sharing updates with stakeholders, and strategizing project management processes.
An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.
Senior executives and executive vice presidents have different pay scales, as shown below.
| Senior Executive | Executive Vice President | |
| Average salary | $104,507 | $216,285 |
| Salary range | Between $63,000 And $172,000 | Between $118,000 And $394,000 |
| Highest paying City | Hartford, CT | Washington, DC |
| Highest paying state | Connecticut | Washington |
| Best paying company | Intuit | Gartner |
| Best paying industry | Pharmaceutical | Telecommunication |
There are a few differences between a senior executive and an executive vice president in terms of educational background:
| Senior Executive | Executive Vice President | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | University of Pennsylvania |
Here are the differences between senior executives' and executive vice presidents' demographics:
| Senior Executive | Executive Vice President | |
| Average age | 49 | 52 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 74.7% Female, 25.3% |
| Race ratio | Black or African American, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4% | 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% |
| LGBT Percentage | 10% | 12% |