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The differences between business unit 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 unit leader and a business leader. Additionally, a business unit leader has an average salary of $111,361, which is higher than the $90,430 average annual salary of a business leader.
The top three skills for a business unit leader include continuous improvement, quality standards and lean manufacturing. The most important skills for a business leader are analytics, project management, and customer service.
| Business Unit Leader | Business Leader | |
| Yearly salary | $111,361 | $90,430 |
| Hourly rate | $53.54 | $43.48 |
| Growth rate | 6% | 6% |
| Number of jobs | 88,824 | 117,296 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Business Unit Leader manages growth initiatives such as future acquisition opportunities, strategic partnerships, and organic innovation. These professionals control strategy deployment to ensure operational productivity and economy. They offer this service to sites focusing on Human Resources, Information Technology, Lead Operation, Lean Accounting, Lead Process, Strategic Pricing, and more. Business Unit Leaders also lead by promoting talent management, counseling, team concepts, individual development, training, coaching, mentoring, and retaining. They develop and manage the business unit department budget and strategic plan.
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 unit leaders and business leaders have different pay scales, as shown below.
| Business Unit Leader | Business Leader | |
| Average salary | $111,361 | $90,430 |
| Salary range | Between $64,000 And $191,000 | Between $56,000 And $145,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Goldman Sachs | Lyft |
| Best paying industry | Manufacturing | Pharmaceutical |
There are a few differences between a business unit leader and a business leader in terms of educational background:
| Business Unit Leader | Business Leader | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business unit leaders' and business leaders' demographics:
| Business Unit Leader | Business Leader | |
| Average age | 44 | 44 |
| Gender ratio | Male, 81.1% Female, 18.9% | 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, 67.7% 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% |