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Vice president of research and development vs senior vice president

The differences between vice presidents of research and 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 of research and development and a senior vice president. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $170,226 average annual salary of a vice president of research and development.

The top three skills for a vice president of research and development include R, product development and project management. The most important skills for a senior vice president are financial services, SVP, and oversight.

Vice president of research and development vs senior vice president overview

Vice President Of Research And DevelopmentSenior Vice President
Yearly salary$170,226$194,770
Hourly rate$81.84$93.64
Growth rate2%6%
Number of jobs120,33361,380
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Average age4852
Years of experience--

What does a vice president of research and development do?

A vice president of research and development will lead a team of engineers in developing innovative products on time and on budget. This role will require you to perform a variety of tasks that include executing the company's overall technology vision, managing the appropriate development methodologies, and creating an organizational structure that will drive a high performing development team to deliver high-quality solutions to the market. In addition, you will be responsible for attracting, developing, and retaining top talent for the research and development function.

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 of research and development vs senior vice president salary

Vice presidents of research and development and senior vice presidents have different pay scales, as shown below.

Vice President Of Research And DevelopmentSenior Vice President
Average salary$170,226$194,770
Salary rangeBetween $114,000 And $253,000Between $125,000 And $302,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateWashingtonWashington
Best paying companyOrganonBrookfield Properties
Best paying industryFinanceMedia

Differences between vice president of research and development and senior vice president education

There are a few differences between a vice president of research and development and a senior vice president in terms of educational background:

Vice President Of Research And DevelopmentSenior Vice President
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Most common majorElectrical EngineeringBusiness
Most common collegeUniversity of Michigan - Ann ArborUniversity of Pennsylvania

Vice president of research and development vs senior vice president demographics

Here are the differences between vice presidents of research and development' and senior vice presidents' demographics:

Vice President Of Research And DevelopmentSenior Vice President
Average age4852
Gender ratioMale, 85.0% Female, 15.0%Male, 74.9% Female, 25.1%
Race ratioBlack or African American, 3.1% Unknown, 4.6% Hispanic or Latino, 8.7% Asian, 14.2% White, 69.2% American Indian and Alaska Native, 0.2%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 Percentage9%12%

Differences between vice president of research and development and senior vice president duties and responsibilities

Vice president of research and development example responsibilities.

  • Manage initial implementation of GMP procedures.
  • Manage and direct OEM manufacturing partner.
  • Manage software application implementation for time reporting/project-costing system to aid in understanding project spending and improve portfolio prioritization and execution.
  • Isolate malignant free cells using GMP methodology suitable for regulatory approval and clinical use in cancer patients.
  • Assist in the development of the quality and design control system in compliance with FDA device development regulation.
  • Provide clinical data for FDA submissions on instrumentation and clinical utility claims.
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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.
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Vice president of research and development vs senior vice president skills

Common vice president of research and development skills
  • R, 34%
  • Product Development, 10%
  • Project Management, 4%
  • Strategic Plan, 3%
  • Intellectual Property, 3%
  • Regulatory Affairs, 3%
Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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