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Vice president vs executive

The differences between vice presidents and executives 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 an executive. Additionally, a vice president has an average salary of $158,637, which is higher than the $108,285 average annual salary of an executive.

The top three skills for a vice president include healthcare, oversight and project management. The most important skills for an executive are customer service, digital transformation, and healthcare.

Vice president vs executive overview

Vice PresidentExecutive
Yearly salary$158,637$108,285
Hourly rate$76.27$52.06
Growth rate6%6%
Number of jobs119,53083,869
Job satisfaction4-
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 61%
Average age5252
Years of experience--

What does a vice president do?

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.

What does an executive do?

An Executive's responsibilities vary depending on an organization or company. However, most of the time, it involves a great deal of leadership and communication. An Executive must oversee and direct employees towards particular sets of goals and vision, create strategies and plans that will benefit the company's financial gains and workforce, and as well as evaluate and analyze the progress of various company departments. Moreover, an Executive holds the power of decision-making, such as in the aspects of budget, promotions, and policies.

Vice president vs executive salary

Vice presidents and executives have different pay scales, as shown below.

Vice PresidentExecutive
Average salary$158,637$108,285
Salary rangeBetween $107,000 And $235,000Between $63,000 And $184,000
Highest paying CitySan Francisco, CAProvidence, RI
Highest paying stateNew YorkRhode Island
Best paying companyBrookfield PropertiesCapgemini
Best paying industryManufacturing-

Differences between vice president and executive education

There are a few differences between a vice president and an executive in terms of educational background:

Vice PresidentExecutive
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 61%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president vs executive demographics

Here are the differences between vice presidents' and executives' demographics:

Vice PresidentExecutive
Average age5252
Gender ratioMale, 65.8% Female, 34.2%Male, 56.0% Female, 44.0%
Race ratioBlack 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between vice president and executive duties and responsibilities

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Executive example responsibilities.

  • Manage capital investments and operating costs to generate ROI, IRR and cash flow.
  • Facilitate KPI dashboard for actual performance to forecast/targets and drive action plans to achieve them.
  • Manage reputation for search engine optimization, and reputation of website and business as a whole through SEO.
  • Manage several multi-phase DoD programs and projects simultaneously.
  • Manage events for fundraising, donor recognition and alumni relations.
  • Delegate & execute human resources, payroll management, marketing/sales techniques training & development.
  • Show more

Vice president vs executive skills

Common vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%
Common executive skills
  • Customer Service, 20%
  • Digital Transformation, 15%
  • Healthcare, 10%
  • Customer Satisfaction, 8%
  • Financial Statements, 5%
  • Business Development, 4%

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