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The differences between senior vice presidents and corporate vice presidents 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 corporate vice president. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $165,788 average annual salary of a corporate vice president.
The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for a corporate vice president are risk management, portfolio, and oversight.
| Senior Vice President | Corporate Vice President | |
| Yearly salary | $194,770 | $165,788 |
| Hourly rate | $93.64 | $79.71 |
| Growth rate | 6% | 6% |
| Number of jobs | 61,380 | 69,051 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| 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 corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Senior vice presidents and corporate vice presidents have different pay scales, as shown below.
| Senior Vice President | Corporate Vice President | |
| Average salary | $194,770 | $165,788 |
| Salary range | Between $125,000 And $302,000 | Between $113,000 And $242,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | Nevada |
| Best paying company | Brookfield Properties | Brookfield Properties |
| Best paying industry | Media | Hospitality |
There are a few differences between a senior vice president and a corporate vice president in terms of educational background:
| Senior Vice President | Corporate Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between senior vice presidents' and corporate vice presidents' demographics:
| Senior Vice President | Corporate Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 73.8% Female, 26.2% |
| 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, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |