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The differences between business executives and business managers 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 manager. Additionally, a business manager has an average salary of $83,198, 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 manager are customer service, powerpoint, and project management.
| Business Executive | Business Manager | |
| Yearly salary | $63,101 | $83,198 |
| Hourly rate | $30.34 | $40.00 |
| Growth rate | 6% | 6% |
| Number of jobs | 138,097 | 377,191 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| 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.
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
Business executives and business managers have different pay scales, as shown below.
| Business Executive | Business Manager | |
| Average salary | $63,101 | $83,198 |
| Salary range | Between $29,000 And $135,000 | Between $47,000 And $145,000 |
| Highest paying City | Albany, NY | Seattle, WA |
| Highest paying state | New York | Washington |
| Best paying company | The Walt Disney Company | The Citadel |
| Best paying industry | - | Technology |
There are a few differences between a business executive and a business manager in terms of educational background:
| Business Executive | Business Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business executives' and business managers' demographics:
| Business Executive | Business Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 43.2% Female, 56.8% |
| 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, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |