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A senior vice president is a high-ranking executive who holds a leadership role within a company or organization. They oversee multiple departments and implement strategies to achieve the organization's goals. Senior vice presidents typically contribute to decision-making, financial planning, and stakeholder relationships. They work with other executives and department heads to ensure effective communication and collaboration. In addition to leadership duties, senior vice presidents also represent the company and build relationships with partners and clients.
Avg. Salary $194,770
Avg. Salary $59,228
Growth Rate 6%
Growth Rate 0.3%
American Indian and Alaska Native 0.64%
Asian 7.61%
Black or African American 3.73%
Hispanic or Latino 7.72%
Unknown 3.89%
White 76.40%
Genderfemale 25.10%
male 74.90%
Age - 52American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 52Stress level is very high
7.1 - high
Complexity Level is advanced
7 - challenging
Work Life balance is poor
6.4 - fair
Pros
Potential for stock options or equity ownership
Chance to mentor and develop junior employees
Exposure to global markets and international business practices
Flexibility in work hours and location
Potential for bonuses and performance-based incentives
Cons
Long hours and high stress levels
Constant pressure to meet financial targets and goals
High expectations from investors, shareholders, and board members
Need to constantly adapt to changing industry trends and competition
May require frequent travel or relocation
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Skills | Percentages |
---|---|
Financial Services | 8.36% |
SVP | 6.71% |
Oversight | 6.41% |
Healthcare | 5.50% |
Risk Management | 5.47% |
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The average Senior Vice President salary in the United States is $194,770 per year or $94 per hour. Senior vice president salaries range between $125,000 and $302,000 per year.
What Am I Worth?
Independence in decision making
I am responsible for everything be it any side of the business
Antigienic people, irresponsible people, lazy employees
I do not work as a finance Vice President but I would like to become one.