Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior executives and senior 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 a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, 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 a senior vice president are financial services, SVP, and oversight.
| Senior Executive | Senior Vice President | |
| Yearly salary | $104,507 | $194,770 |
| Hourly rate | $50.24 | $93.64 |
| Growth rate | -8% | 6% |
| Number of jobs | 74,894 | 61,380 |
| 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.
A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.
Senior executives and senior vice presidents have different pay scales, as shown below.
| Senior Executive | Senior Vice President | |
| Average salary | $104,507 | $194,770 |
| Salary range | Between $63,000 And $172,000 | Between $125,000 And $302,000 |
| Highest paying City | Hartford, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | Intuit | Brookfield Properties |
| Best paying industry | Pharmaceutical | Media |
There are a few differences between a senior executive and a senior vice president in terms of educational background:
| Senior Executive | Senior 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 senior vice presidents' demographics:
| Senior Executive | Senior Vice President | |
| Average age | 49 | 52 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 74.9% Female, 25.1% |
| 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, 76.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |