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The differences between business executives and senior 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 senior business manager. Additionally, a senior business manager has an average salary of $134,737, 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 senior business manager are analytics, project management, and portfolio.
| Business Executive | Senior Business Manager | |
| Yearly salary | $63,101 | $134,737 |
| Hourly rate | $30.34 | $64.78 |
| Growth rate | 6% | 6% |
| Number of jobs | 138,097 | 303,902 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| 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 senior business manager oversees the daily operations in a company, ensuring efficiency and smooth workflow. Typically, their responsibilities revolve around directing and assessing workforce performance, setting company objectives and goals, and coordinating with different departments to be aware of any issues or concerns. It is also essential to devise strategies to find new sales opportunities, perform research and analysis to identify client needs, and promptly resolve any problems that may arise. Furthermore, as a senior business manager, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.
Business executives and senior business managers have different pay scales, as shown below.
| Business Executive | Senior Business Manager | |
| Average salary | $63,101 | $134,737 |
| Salary range | Between $29,000 And $135,000 | Between $96,000 And $187,000 |
| Highest paying City | Albany, NY | Hartford, CT |
| Highest paying state | New York | Connecticut |
| Best paying company | The Walt Disney Company | Airbnb |
| Best paying industry | - | Professional |
There are a few differences between a business executive and a senior business manager in terms of educational background:
| Business Executive | Senior Business Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business executives' and senior business managers' demographics:
| Business Executive | Senior Business Manager | |
| 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |