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The differences between business leaders and senior 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 leader and a senior manager. Additionally, a senior manager has an average salary of $118,906, which is higher than the $90,430 average annual salary of a business leader.
The top three skills for a business leader include analytics, project management and customer service. The most important skills for a senior manager are analytics, project management, and portfolio.
| Business Leader | Senior Manager | |
| Yearly salary | $90,430 | $118,906 |
| Hourly rate | $43.48 | $57.17 |
| Growth rate | 6% | 6% |
| Number of jobs | 117,296 | 372,801 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
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.
A senior manager is responsible for directing the overall efficiency of business operations. Senior managers monitor the performance of the staff, improve operational strategies, identify business opportunities, allocate budgets and resources, present reports to senior management, set goals to drive results on increasing the company's revenues and profitability. Senior managers must coordinate with various operations departments to maintain good feedback for the company, meeting client's expectations, and delivering the best results. They should have excellent communication and leadership skills to handle team members, as well as managing their needs and concerns.
Business leaders and senior managers have different pay scales, as shown below.
| Business Leader | Senior Manager | |
| Average salary | $90,430 | $118,906 |
| Salary range | Between $56,000 And $145,000 | Between $86,000 And $163,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | Lyft | Cornerstone Research |
| Best paying industry | Pharmaceutical | Professional |
There are a few differences between a business leader and a senior manager in terms of educational background:
| Business Leader | Senior Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business leaders' and senior managers' demographics:
| Business Leader | Senior Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 67.5% Female, 32.5% |
| Race ratio | 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% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |