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The differences between chief diversity officers and co-owners 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 co-owner. Additionally, a chief diversity officer has an average salary of $95,991, which is higher than the $86,704 average annual salary of a co-owner.
The top three skills for a chief diversity officer include HR, strategic plan and title ix. The most important skills for a co-owner are customer service, financial statements, and business plan.
| Chief Diversity Officer | Co-Owner | |
| Yearly salary | $95,991 | $86,704 |
| Hourly rate | $46.15 | $41.68 |
| Growth rate | 6% | 6% |
| Number of jobs | 64,255 | 52,915 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 54% |
| 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 co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.
Chief diversity officers and co-owners have different pay scales, as shown below.
| Chief Diversity Officer | Co-Owner | |
| Average salary | $95,991 | $86,704 |
| Salary range | Between $65,000 And $139,000 | Between $63,000 And $118,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | New Jersey | - |
| Best paying company | McKinsey & Company Inc | - |
| Best paying industry | Automotive | - |
There are a few differences between a chief diversity officer and a co-owner in terms of educational background:
| Chief Diversity Officer | Co-Owner | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief diversity officers' and co-owners' demographics:
| Chief Diversity Officer | Co-Owner | |
| Average age | 52 | 52 |
| Gender ratio | Male, 45.5% Female, 54.5% | Male, 53.2% Female, 46.8% |
| 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |