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The differences between board of directorss member 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 board of directors member and an executive. Additionally, an executive has an average salary of $108,285, which is higher than the $69,241 average annual salary of a board of directors member.
The top three skills for a board of directors member include financial statements, non-profit organization and oversight. The most important skills for an executive are customer service, digital transformation, and healthcare.
| Board Of Directors Member | Executive | |
| Yearly salary | $69,241 | $108,285 |
| Hourly rate | $33.29 | $52.06 |
| Growth rate | 6% | 6% |
| Number of jobs | 14,968 | 83,869 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 61% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A board of directors member's role is to represent a particular area or personnel within or outside an organization. They are primarily responsible for attending meetings, understanding concerns and giving a vote, crafting policies that would benefit the company and assets they represent, and then implementing them upon other members' approval. Furthermore, they have the power to make corporate decisions revolving around the workforce and financial matters, all in adherence to a business or organization's vision, mission, and policies.
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.
Board of directorss member and executives have different pay scales, as shown below.
| Board Of Directors Member | Executive | |
| Average salary | $69,241 | $108,285 |
| Salary range | Between $31,000 And $150,000 | Between $63,000 And $184,000 |
| Highest paying City | - | Providence, RI |
| Highest paying state | - | Rhode Island |
| Best paying company | - | Capgemini |
| Best paying industry | - | - |
There are a few differences between a board of directors member and an executive in terms of educational background:
| Board Of Directors Member | Executive | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between board of directorss member' and executives' demographics:
| Board Of Directors Member | Executive | |
| Average age | 52 | 52 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 56.0% Female, 44.0% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% 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 Percentage | 12% | 12% |