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The differences between board of directorss member and 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 board of directors member and a president. Additionally, a president has an average salary of $192,329, 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 a president are financial statements, product development, and R.
| Board Of Directors Member | President | |
| Yearly salary | $69,241 | $192,329 |
| Hourly rate | $33.29 | $92.47 |
| Growth rate | 6% | 6% |
| Number of jobs | 14,968 | 49,413 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| 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.
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
Board of directorss member and presidents have different pay scales, as shown below.
| Board Of Directors Member | President | |
| Average salary | $69,241 | $192,329 |
| Salary range | Between $31,000 And $150,000 | Between $114,000 And $323,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | UnitedHealth Group |
| Best paying industry | - | - |
There are a few differences between a board of directors member and a president in terms of educational background:
| Board Of Directors Member | President | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between board of directorss member' and presidents' demographics:
| Board Of Directors Member | President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 54.9% Female, 45.1% | Male, 64.5% Female, 35.5% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |