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The differences between chief diversity officers and chief finance officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a chief diversity officer and a chief finance officer. Additionally, a chief finance officer has an average salary of $143,947, which is higher than the $95,991 average annual salary of a chief diversity officer.
The top three skills for a chief diversity officer include HR, strategic plan and title ix. The most important skills for a chief finance officer are payroll, CPA, and oversight.
| Chief Diversity Officer | Chief Finance Officer | |
| Yearly salary | $95,991 | $143,947 |
| Hourly rate | $46.15 | $69.21 |
| Growth rate | 6% | 6% |
| Number of jobs | 64,255 | 145,184 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A chief diversity officer is responsible for leading and monitoring the company's diversity and inclusion initiatives and efforts to ensure that the employees work comfortably regardless of their personal preferences and cultural experience. Chief diversity officers strategize in developing events and programs that promote diversity and foster cooperation among employees. They also analyze job opportunities and requirements and ensure that the regulations adhere to everyone's equal opportunity, with no gist of discrimination and cultural harassment.
A chief financial officer is responsible for managing and reviewing the financial status of a company. Chief financial officers' duties include ensuring the accuracy of financial reports, monitoring the company's expenses and budget goals, providing recommendations to prevent financial loss and increase revenues, processing the company's tax obligations, and resolving financial disputes. A chief financial officer must have an impeccable knowledge of the financial industry, updated with the current market trend, and strong leadership and decision-making skills to support the organization's financial department.
Chief diversity officers and chief finance officers have different pay scales, as shown below.
| Chief Diversity Officer | Chief Finance Officer | |
| Average salary | $95,991 | $143,947 |
| Salary range | Between $65,000 And $139,000 | Between $80,000 And $257,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | New Jersey | California |
| Best paying company | McKinsey & Company Inc | Baker McKenzie |
| Best paying industry | Automotive | Construction |
There are a few differences between a chief diversity officer and a chief finance officer in terms of educational background:
| Chief Diversity Officer | Chief Finance Officer | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 72% |
| Most common major | Business | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief diversity officers' and chief finance officers' demographics:
| Chief Diversity Officer | Chief Finance Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 45.5% Female, 54.5% | Male, 71.9% Female, 28.1% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |