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The differences between vice president research and senior vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president research, becoming a senior vice president takes usually requires More than 10 years. Additionally, a senior vice president has an average salary of $194,770, which is higher than the $157,723 average annual salary of a vice president research.
The top three skills for a vice president research include portfolio, market research and risk management. The most important skills for a senior vice president are financial services, SVP, and oversight.
| Vice President Research | Senior Vice President | |
| Yearly salary | $157,723 | $194,770 |
| Hourly rate | $75.83 | $93.64 |
| Growth rate | 19% | 6% |
| Number of jobs | 78,530 | 61,380 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Average age | 37 | 52 |
| Years of experience | 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.
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 research and senior vice presidents have different pay scales, as shown below.
| Vice President Research | Senior Vice President | |
| Average salary | $157,723 | $194,770 |
| Salary range | Between $107,000 And $231,000 | Between $125,000 And $302,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | Delaware | Washington |
| Best paying company | Practice Fusion | Brookfield Properties |
| Best paying industry | Finance | Media |
There are a few differences between a vice president research and a senior vice president in terms of educational background:
| Vice President Research | Senior Vice President | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between vice president research' and senior vice presidents' demographics:
| Vice President Research | Senior Vice President | |
| Average age | 37 | 52 |
| Gender ratio | Male, 67.5% Female, 32.5% | Male, 74.9% Female, 25.1% |
| 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |