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The differences between senior territory business managers and regional 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 manager. Additionally, a regional manager has an average salary of $97,855, 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 manager are customer service, patients, and customer satisfaction.
| Senior Territory Business Manager | Regional Manager | |
| Yearly salary | $69,751 | $97,855 |
| Hourly rate | $33.53 | $47.05 |
| Growth rate | 5% | 5% |
| Number of jobs | 112,398 | 156,364 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 69% |
| 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 Manager is responsible for a company's overall business operations within a particular area or region. Most of the duties will revolve around setting sales targets, creating strategies to boost financial gains, and maintaining an efficient workforce by having the right staff. Furthermore, Regional Managers must oversee the progress of sales and profits, evaluate the performance of employees, ensuring they are up to the targets and standards of the company's policies and regulations, conducting assessments, and reporting to the higher administration.
Senior territory business managers and regional managers have different pay scales, as shown below.
| Senior Territory Business Manager | Regional Manager | |
| Average salary | $69,751 | $97,855 |
| Salary range | Between $47,000 And $101,000 | Between $62,000 And $152,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Rhode Island |
| Best paying company | - | Safran |
| Best paying industry | - | Technology |
There are a few differences between a senior territory business manager and a regional manager in terms of educational background:
| Senior Territory Business Manager | Regional Manager | |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 69% |
| 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 managers' demographics:
| Senior Territory Business Manager | Regional Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 51.5% Female, 48.5% | Male, 73.3% Female, 26.7% |
| 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% |