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Vice president, business operations vs senior vice president

The differences between vice presidents, business operations and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president, business operations, becoming a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $159,311 average annual salary of a vice president, business operations.

The top three skills for a vice president, business operations include business operations, oversight and project management. The most important skills for a senior vice president are financial services, SVP, and oversight.

Vice president, business operations vs senior vice president overview

Vice President, Business OperationsSenior Vice President
Yearly salary$159,311$194,770
Hourly rate$76.59$93.64
Growth rate6%6%
Number of jobs196,07761,380
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Average age4452
Years of experience6-

What does a vice president, business operations do?

The vice president of business operations will be responsible for directing, planning, coordinating, and overseeing the day-to-day operations of an organization. In this role, you will perform various duties and responsibilities that include recruiting, interviewing, and training management-level staff, overseeing the department's daily workflow, and collaborating with the leadership to develop and meet company goals and objectives. Additionally, you will be responsible for establishing and administering the department's budget. You will also be responsible for identifying training needs and keeping abreast of the latest trends in operations management.

What does a senior vice president do?

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.

Vice president, business operations vs senior vice president salary

Vice presidents, business operations and senior vice presidents have different pay scales, as shown below.

Vice President, Business OperationsSenior Vice President
Average salary$159,311$194,770
Salary rangeBetween $105,000 And $240,000Between $125,000 And $302,000
Highest paying CityDenver, COSeattle, WA
Highest paying stateColoradoWashington
Best paying companyNVIDIABrookfield Properties
Best paying industryManufacturingMedia

Differences between vice president, business operations and senior vice president education

There are a few differences between a vice president, business operations and a senior vice president in terms of educational background:

Vice President, Business OperationsSenior Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president, business operations vs senior vice president demographics

Here are the differences between vice presidents, business operations' and senior vice presidents' demographics:

Vice President, Business OperationsSenior Vice President
Average age4452
Gender ratioMale, 73.4% Female, 26.6%Male, 74.9% Female, 25.1%
Race ratioBlack or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5%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%
LGBT Percentage10%12%

Differences between vice president, business operations and senior vice president duties and responsibilities

Vice president, business operations example responsibilities.

  • Manage a portfolio of inpatient and outpatient products market to major academic medical centers, community hospitals and nursing homes.
  • Create and prepare financial reports and reporting system including payroll.
  • Investigate and implement the company benefits package, payroll processor, and general operating procedures
  • Manage a portfolio of inpatient and outpatient products market to major academic medical centers, community hospitals and nursing homes.
  • Set up QuickBooks or other accounting software, enter and structure data; train personnel.
  • Set up tracking of inventory, orders, accounts receivable and payments through QuickBooks software.
  • Show more

Senior vice president example responsibilities.

  • Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
  • Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
  • Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Show more

Vice president, business operations vs senior vice president skills

Common vice president, business operations skills
  • Business Operations, 16%
  • Oversight, 7%
  • Project Management, 6%
  • Business Strategy, 6%
  • Financial Statements, 5%
  • Process Improvement, 4%
Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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