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The differences between senior territory business managers and regional business managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a senior territory business manager and a regional business manager. Additionally, a regional business manager has an average salary of $124,644, which is higher than the $69,751 average annual salary of a senior territory business manager.
The top three skills for a senior territory business manager include neurologists, business development and oncology. The most important skills for a regional business manager are patients, regional business, and sales strategies.
| Senior Territory Business Manager | Regional Business Manager | |
| Yearly salary | $69,751 | $124,644 |
| Hourly rate | $33.53 | $59.92 |
| Growth rate | 5% | 5% |
| Number of jobs | 112,398 | 148,007 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 78% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
A senior territory business manager is responsible for overseeing the business functions and operations under the assigned district. Senior territory business managers strategize project management techniques to handle the company's key accounts efficiently. They also identify business opportunities by conducting data and statistical analysis to generate more revenue resources and increase profits for the business. A senior territory business manager coordinates with clients, negotiates contracts and agreements, and maintain healthy business relationships with business partners.
A regional business manager is responsible for monitoring the overall business transactions and sales performance of a company within the designated region. Regional business managers review and negotiate business contracts with existing and potential clients and acknowledge their requests according to business regulations. They respond to the clients' inquiries and concerns regarding the company's services and discuss campaigns with the marketing and sales department. A regional business manager must have excellent communication and leadership skills, especially in handling the staff's performance and facilitating programs to reach their maximum potential and productivity.
Senior territory business managers and regional business managers have different pay scales, as shown below.
| Senior Territory Business Manager | Regional Business Manager | |
| Average salary | $69,751 | $124,644 |
| Salary range | Between $47,000 And $101,000 | Between $94,000 And $164,000 |
| Highest paying City | - | Salem, OR |
| Highest paying state | - | Oregon |
| Best paying company | - | BNP Paribas |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a senior territory business manager and a regional business manager in terms of educational background:
| Senior Territory Business Manager | Regional Business Manager | |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 78% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between senior territory business managers' and regional business managers' demographics:
| Senior Territory Business Manager | Regional Business Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 73.1% Female, 26.9% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 7% |