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The differences between chief scientific officers and 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 scientific officer and an owner. Additionally, a chief scientific officer has an average salary of $103,182, which is higher than the $90,334 average annual salary of an owner.
The top three skills for a chief scientific officer include R, chemistry and business development. The most important skills for an owner are customer service, payroll, and financial statements.
| Chief Scientific Officer | Owner | |
| Yearly salary | $103,182 | $90,334 |
| Hourly rate | $49.61 | $43.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 66,518 | 86,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 52% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Chief scientific officers are executives who manage a company's scientific, technological, and research operations. They are professionals who ensure that an organization's scientific and research facilities' primary concern aligns with the mission and vision they agreed on. These officers meet with other branches of the company to maintain their connections within the government and industry. To be successful in this position, these officers hone their scientific expertise and leadership skills. They also make formal presentations at medical or scientific meetings on behalf of their company.
Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.
Chief scientific officers and owners have different pay scales, as shown below.
| Chief Scientific Officer | Owner | |
| Average salary | $103,182 | $90,334 |
| Salary range | Between $59,000 And $179,000 | Between $60,000 And $135,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Nevada | New Jersey |
| Best paying company | McKinsey & Company Inc | BP America Inc |
| Best paying industry | Energy | - |
There are a few differences between a chief scientific officer and an owner in terms of educational background:
| Chief Scientific Officer | Owner | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 52% |
| Most common major | Chemistry | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief scientific officers' and owners' demographics:
| Chief Scientific Officer | Owner | |
| Average age | 52 | 52 |
| Gender ratio | Male, 75.5% Female, 24.5% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |