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The differences between senior vice presidents and president & 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 president & chief operating officer. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $194,770 average annual salary of a senior vice president.
The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for a president & chief operating officer are financial performance, revenue growth, and product development.
| Senior Vice President | President & Chief Operating Officer | |
| Yearly salary | $194,770 | $211,982 |
| Hourly rate | $93.64 | $101.91 |
| Growth rate | 6% | 6% |
| Number of jobs | 61,380 | 130,349 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| 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 president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
Senior vice presidents and president & chief operating officers have different pay scales, as shown below.
| Senior Vice President | President & Chief Operating Officer | |
| Average salary | $194,770 | $211,982 |
| Salary range | Between $125,000 And $302,000 | Between $114,000 And $391,000 |
| Highest paying City | Seattle, WA | Las Vegas, NV |
| Highest paying state | Washington | Nevada |
| Best paying company | Brookfield Properties | Global Atlantic Financial Group Limited |
| Best paying industry | Media | Construction |
There are a few differences between a senior vice president and a president & chief operating officer in terms of educational background:
| Senior Vice President | President & Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior vice presidents' and president & chief operating officers' demographics:
| Senior Vice President | President & Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 86.1% Female, 13.9% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |