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The differences between senior vice presidents and chief operating officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a senior vice president and a chief operating officer. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $136,604 average annual salary of a chief operating officer.
The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for a chief operating officer are healthcare, customer service, and oversight.
| Senior Vice President | Chief Operating Officer | |
| Yearly salary | $194,770 | $136,604 |
| Hourly rate | $93.64 | $65.67 |
| Growth rate | 6% | 6% |
| Number of jobs | 61,380 | 128,993 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Senior vice presidents and chief operating officers have different pay scales, as shown below.
| Senior Vice President | Chief Operating Officer | |
| Average salary | $194,770 | $136,604 |
| Salary range | Between $125,000 And $302,000 | Between $81,000 And $229,000 |
| Highest paying City | Seattle, WA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | Brookfield Properties | Baker McKenzie |
| Best paying industry | Media | Manufacturing |
There are a few differences between a senior vice president and a chief operating officer in terms of educational background:
| Senior Vice President | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior vice presidents' and chief operating officers' demographics:
| Senior Vice President | Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 76.6% Female, 23.4% |
| Race ratio | 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% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |