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The differences between business executives and business leaders can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a business executive and a business leader. Additionally, a business leader has an average salary of $90,430, which is higher than the $63,101 average annual salary of a business executive.
The top three skills for a business executive include customer service, customer satisfaction and revenue growth. The most important skills for a business leader are analytics, project management, and customer service.
| Business Executive | Business Leader | |
| Yearly salary | $63,101 | $90,430 |
| Hourly rate | $30.34 | $43.48 |
| Growth rate | 6% | 6% |
| Number of jobs | 138,097 | 117,296 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.
Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.
Business executives and business leaders have different pay scales, as shown below.
| Business Executive | Business Leader | |
| Average salary | $63,101 | $90,430 |
| Salary range | Between $29,000 And $135,000 | Between $56,000 And $145,000 |
| Highest paying City | Albany, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | The Walt Disney Company | Lyft |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a business executive and a business leader in terms of educational background:
| Business Executive | Business Leader | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business executives' and business leaders' demographics:
| Business Executive | Business Leader | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 64.4% Female, 35.6% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |