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The differences between vice presidents and executive 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 and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, 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 an executive vice president are financial statements, oversight, and business development.
| Vice President | Executive Vice President | |
| Yearly salary | $158,637 | $216,285 |
| Hourly rate | $76.27 | $103.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 119,530 | 123,982 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| 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.
An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.
Vice presidents and executive vice presidents have different pay scales, as shown below.
| Vice President | Executive Vice President | |
| Average salary | $158,637 | $216,285 |
| Salary range | Between $107,000 And $235,000 | Between $118,000 And $394,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New York | Washington |
| Best paying company | Brookfield Properties | Gartner |
| Best paying industry | Manufacturing | Telecommunication |
There are a few differences between a vice president and an executive vice president in terms of educational background:
| Vice President | Executive Vice President | |
| Most common degree | Bachelor's Degree, 72% | 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' and executive vice presidents' demographics:
| Vice President | Executive Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 74.7% Female, 25.3% |
| 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |