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The differences between vice presidents, corporate development and senior 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 vice president, corporate development and a senior vice president. Additionally, a vice president, corporate development has an average salary of $205,849, which is higher than the $194,770 average annual salary of a senior vice president.
The top three skills for a vice president, corporate development include due diligence, corporate strategy and financial analysis. The most important skills for a senior vice president are financial services, SVP, and oversight.
| Vice President, Corporate Development | Senior Vice President | |
| Yearly salary | $205,849 | $194,770 |
| Hourly rate | $98.97 | $93.64 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,669 | 61,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A vice president of corporate development is responsible for implementing corporate decisions and strategies that would help the organization grow and develop to match global competitiveness. Vice presidents of corporate development monitor the operational process across the organization, identify areas of improvement, and modify project procedures according to quality standards and business requirements. They coordinate with the senior management and stakeholders to determine the necessary actions and opportunities to increase the company's revenues and market presence.
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 presidents, corporate development and senior vice presidents have different pay scales, as shown below.
| Vice President, Corporate Development | Senior Vice President | |
| Average salary | $205,849 | $194,770 |
| Salary range | Between $128,000 And $328,000 | Between $125,000 And $302,000 |
| Highest paying City | Bothell, WA | Seattle, WA |
| Highest paying state | Alaska | Washington |
| Best paying company | Scripps Health | Brookfield Properties |
| Best paying industry | Technology | Media |
There are a few differences between a vice president, corporate development and a senior vice president in terms of educational background:
| Vice President, Corporate Development | Senior Vice President | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, corporate development' and senior vice presidents' demographics:
| Vice President, Corporate Development | Senior Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 82.7% Female, 17.3% | Male, 74.9% Female, 25.1% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.0% American Indian and Alaska Native, 0.6% | 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 Percentage | 12% | 12% |