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The differences between senior vice presidents and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a senior vice president, becoming a division vice president takes usually requires 4-6 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $158,729 average annual salary of a division vice president.
The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for a division vice president are healthcare, oversight, and business development.
| Senior Vice President | Division Vice President | |
| Yearly salary | $194,770 | $158,729 |
| Hourly rate | $93.64 | $76.31 |
| Growth rate | 6% | 6% |
| Number of jobs | 61,380 | 68,176 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
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.
Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.
Senior vice presidents and division vice presidents have different pay scales, as shown below.
| Senior Vice President | Division Vice President | |
| Average salary | $194,770 | $158,729 |
| Salary range | Between $125,000 And $302,000 | Between $104,000 And $240,000 |
| Highest paying City | Seattle, WA | Mahwah, NJ |
| Highest paying state | Washington | Connecticut |
| Best paying company | Brookfield Properties | Barclays |
| Best paying industry | Media | Media |
There are a few differences between a senior vice president and a division vice president in terms of educational background:
| Senior Vice President | Division Vice President | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior vice presidents' and division vice presidents' demographics:
| Senior Vice President | Division Vice President | |
| Average age | 52 | 44 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 78.4% Female, 21.6% |
| 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |