Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between vice president and managers and group 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 vice president and manager, becoming a group vice president takes usually requires 6-8 years. Additionally, a group vice president has an average salary of $167,679, which is higher than the $142,496 average annual salary of a vice president and manager.
The top three skills for a vice president and manager include customer service, financial statements and real estate. The most important skills for a group vice president are financial services, healthcare, and project management.
| Vice President And Manager | Group Vice President | |
| Yearly salary | $142,496 | $167,679 |
| Hourly rate | $68.51 | $80.61 |
| Growth rate | 6% | 17% |
| Number of jobs | 45,981 | 51,499 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 52 | 46 |
| Years of experience | - | 8 |
A vice president/manager is responsible for monitoring the operations of the organization's departments, ensuring the completion of all tasks accurately to achieve business goals and client satisfaction. A vice president/manager often attends board meetings to share updates, identify business opportunities, and develop strategical procedures on improving the company's project management system. They also monitor budget goals and develop sales initiatives to boost the company's profitability. A vice president/manager must have excellent leadership and communication skills, as well as strong decision-making skills to make company decisions for overall development.
A group vice president is primarily in charge of implementing an organization or group's policies and regulations, including its vision and mission. Most of the time, they directly report progress to the president and assist in carrying out new programs and protocols that optimize the overall business procedures. Their responsibilities also include researching new business opportunities, developing solutions on organizational issues, setting goals and objectives, overseeing the performance of the workforce, and monitoring the workflow to ensure efficiency and growth.
Vice president and managers and group vice presidents have different pay scales, as shown below.
| Vice President And Manager | Group Vice President | |
| Average salary | $142,496 | $167,679 |
| Salary range | Between $102,000 And $198,000 | Between $106,000 And $264,000 |
| Highest paying City | Seattle, WA | Seattle, WA |
| Highest paying state | Washington | Alaska |
| Best paying company | McCormack Baron Salazar | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a vice president and manager and a group vice president in terms of educational background:
| Vice President And Manager | Group Vice President | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice president and managers' and group vice presidents' demographics:
| Vice President And Manager | Group Vice President | |
| Average age | 52 | 46 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 71.5% Female, 28.5% |
| Race ratio | Black or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 77.0% American Indian and Alaska Native, 0.6% | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.2% Asian, 10.0% White, 63.9% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 12% | 11% |