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The differences between vice president research and market researchers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a vice president research and a market researcher. Additionally, a vice president research has an average salary of $157,723, which is higher than the $52,309 average annual salary of a market researcher.
The top three skills for a vice president research include portfolio, market research and risk management. The most important skills for a market researcher are data analysis, primary research, and data collection.
| Vice President Research | Market Researcher | |
| Yearly salary | $157,723 | $52,309 |
| Hourly rate | $75.83 | $25.15 |
| Growth rate | 19% | 19% |
| Number of jobs | 78,530 | 23,734 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 64% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A vice-president of research is one of the company's leaders who focuses on developing research strategies to obtain the best results. The research vice president works on creating an environment suitable for research that is operated by qualified individuals. The research vice president also communicates with research patrons to inform them of daily activities and research progress. Aside from this, the vice president constantly develops new methods for improving research and get advice from authorities on recommended upgrades in strategies and equipment.
In businesses, a market researcher is primarily responsible for performing market research and analysis. Although the extent of their duties usually depends on their place of employment, it typically includes coordinating with other experts, gathering and analyzing data, identifying new business opportunities, studying market activities, creating questionnaires, and developing test structures. Through their research findings, they must produce detailed reports and presentations for managers and even executives. Furthermore, as a market researcher, it is essential to understand the company's needs, including its vision and mission.
Vice president research and market researchers have different pay scales, as shown below.
| Vice President Research | Market Researcher | |
| Average salary | $157,723 | $52,309 |
| Salary range | Between $107,000 And $231,000 | Between $32,000 And $84,000 |
| Highest paying City | San Francisco, CA | Linden, NJ |
| Highest paying state | Delaware | Delaware |
| Best paying company | Practice Fusion | Meta |
| Best paying industry | Finance | Automotive |
There are a few differences between a vice president research and a market researcher in terms of educational background:
| Vice President Research | Market Researcher | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between vice president research' and market researchers' demographics:
| Vice President Research | Market Researcher | |
| Average age | 37 | 37 |
| Gender ratio | Male, 67.5% Female, 32.5% | Male, 48.4% Female, 51.6% |
| Race ratio | Black or African American, 5.1% Unknown, 5.0% Hispanic or Latino, 12.2% Asian, 11.6% White, 65.9% American Indian and Alaska Native, 0.1% | Black or African American, 4.9% Unknown, 4.9% Hispanic or Latino, 11.7% Asian, 14.0% White, 64.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |