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The differences between branch managers and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a branch manager, becoming a chief executive officer takes usually requires More than 10 years. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for a branch manager include customer satisfaction, business development and branch management. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Branch Manager | Chief Executive Officer | |
| Yearly salary | $56,291 | $192,260 |
| Hourly rate | $27.06 | $92.43 |
| Growth rate | 17% | 6% |
| Number of jobs | 333,883 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 59% |
| Average age | 46 | 52 |
| Years of experience | 8 | - |
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.
Branch managers and chief executive officers have different pay scales, as shown below.
| Branch Manager | Chief Executive Officer | |
| Average salary | $56,291 | $192,260 |
| Salary range | Between $39,000 And $80,000 | Between $104,000 And $354,000 |
| Highest paying City | Oakland, CA | Urban Honolulu, HI |
| Highest paying state | Alaska | Hawaii |
| Best paying company | FNB | Alecto Healthcare Services LLC |
| Best paying industry | Professional | Start-up |
There are a few differences between a branch manager and a chief executive officer in terms of educational background:
| Branch Manager | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between branch managers' and chief executive officers' demographics:
| Branch Manager | Chief Executive Officer | |
| Average age | 46 | 52 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 68.5% Female, 31.5% |
| Race ratio | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% | 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 | 11% | 12% |