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The differences between vice presidents and chief technology 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 vice president and a chief technology officer. Additionally, a chief technology officer has an average salary of $172,989, which is higher than the $158,637 average annual salary of a vice president.
The top three skills for a vice president include healthcare, oversight and project management. The most important skills for a chief technology officer are infrastructure, cloud, and architecture.
| Vice President | Chief Technology Officer | |
| Yearly salary | $158,637 | $172,989 |
| Hourly rate | $76.27 | $83.17 |
| Growth rate | 6% | 6% |
| Number of jobs | 119,530 | 124,289 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
The job of chief technology officers (CTOs) is to oversee the technological needs and research and development of an organization. The CTOs, who are like chief information officers, make decisions for a company's technology infrastructure that aligns with the organization's business goals. They must ensure that they are updated on new and existing technologies for them to guide the company's future endeavors. Other responsibilities include fixing issues related to information technology, developing and managing the company's technological resources, and participating in management decisions on corporate governance.
Vice presidents and chief technology officers have different pay scales, as shown below.
| Vice President | Chief Technology Officer | |
| Average salary | $158,637 | $172,989 |
| Salary range | Between $107,000 And $235,000 | Between $105,000 And $284,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | New York | Hawaii |
| Best paying company | Brookfield Properties | InPhonex |
| Best paying industry | Manufacturing | Telecommunication |
There are a few differences between a vice president and a chief technology officer in terms of educational background:
| Vice President | Chief Technology Officer | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Most common major | Business | Computer Science |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents' and chief technology officers' demographics:
| Vice President | Chief Technology Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 91.6% Female, 8.4% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% 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, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |