Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business managers and chief operating officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business manager, becoming a chief operating officer takes usually requires More than 10 years. Additionally, a chief operating officer has an average salary of $136,604, which is higher than the $83,198 average annual salary of a business manager.
The top three skills for a business manager include customer service, powerpoint and project management. The most important skills for a chief operating officer are healthcare, customer service, and oversight.
| Business Manager | Chief Operating Officer | |
| Yearly salary | $83,198 | $136,604 |
| Hourly rate | $40.00 | $65.67 |
| Growth rate | 6% | 6% |
| Number of jobs | 377,191 | 128,993 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 65% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
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.
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Business managers and chief operating officers have different pay scales, as shown below.
| Business Manager | Chief Operating Officer | |
| Average salary | $83,198 | $136,604 |
| Salary range | Between $47,000 And $145,000 | Between $81,000 And $229,000 |
| Highest paying City | Seattle, WA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | The Citadel | Baker McKenzie |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a business manager and a chief operating officer in terms of educational background:
| Business Manager | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business managers' and chief operating officers' demographics:
| Business Manager | Chief Operating Officer | |
| Average age | 44 | 52 |
| Gender ratio | Male, 43.2% Female, 56.8% | Male, 76.6% Female, 23.4% |
| Race ratio | 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% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |