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The differences between business team leaders 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 team leader and a business leader. Additionally, a business team leader has an average salary of $101,197, which is higher than the $90,430 average annual salary of a business leader.
The top three skills for a business team leader include project management, direct reports and customer satisfaction. The most important skills for a business leader are analytics, project management, and customer service.
| Business Team Leader | Business Leader | |
| Yearly salary | $101,197 | $90,430 |
| Hourly rate | $48.65 | $43.48 |
| Growth rate | 6% | 6% |
| Number of jobs | 117,491 | 117,296 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A business team leader oversees the activities of team members and leads them to reach project goals. They are responsible for establishing objectives and deadlines, setting guidelines, promoting policies and regulations, and developing strategies to complete tasks efficiently. Most business team leaders report directly to managers, regularly coordinating for a smooth workflow. Moreover, a business team leader is also in charge of delegating duties among staff, supervising performances, training new team members, monitoring the team's overall operations, and solving issues and concerns if any arise.
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 team leaders and business leaders have different pay scales, as shown below.
| Business Team Leader | Business Leader | |
| Average salary | $101,197 | $90,430 |
| Salary range | Between $71,000 And $143,000 | Between $56,000 And $145,000 |
| Highest paying City | Mahwah, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Meta | Lyft |
| Best paying industry | Technology | Pharmaceutical |
There are a few differences between a business team leader and a business leader in terms of educational background:
| Business Team Leader | Business Leader | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business team leaders' and business leaders' demographics:
| Business Team Leader | Business Leader | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.2% Female, 40.8% | 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% |