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The differences between co-managers and owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a co-manager, becoming an owner takes usually requires More than 10 years. Additionally, an owner has an average salary of $90,334, which is higher than the $64,962 average annual salary of a co-manager.
The top three skills for a co-manager include payroll, customer service and food safety. The most important skills for an owner are customer service, payroll, and financial statements.
| Co-Manager | Owner | |
| Yearly salary | $64,962 | $90,334 |
| Hourly rate | $31.23 | $43.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 258,234 | 86,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 52% |
| Average age | 43 | 52 |
| Years of experience | 6 | - |
A co-manager's role is to supervise business operations and perform administrative tasks as support to a manager. One of the primary functions of a co-manager is to delegate tasks of team members and arrange schedules. They also evaluate progress, produce the necessary documentation, maintain a record of data, identify issues and opportunities, and assist in coordinating with other employees. A co-manager may also have the task of hiring and training new workforce members, enforcing policies and regulations at all times.
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.
Co-managers and owners have different pay scales, as shown below.
| Co-Manager | Owner | |
| Average salary | $64,962 | $90,334 |
| Salary range | Between $35,000 And $119,000 | Between $60,000 And $135,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | GUESS | BP America Inc |
| Best paying industry | Retail | - |
There are a few differences between a co-manager and an owner in terms of educational background:
| Co-Manager | Owner | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | SUNY College of Technology at Delhi | University of Pennsylvania |
Here are the differences between co-managers' and owners' demographics:
| Co-Manager | Owner | |
| Average age | 43 | 52 |
| Gender ratio | Male, 44.3% Female, 55.7% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 8.8% Unknown, 4.7% Hispanic or Latino, 16.8% Asian, 7.1% White, 62.0% American Indian and Alaska Native, 0.7% | 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 | 9% | 12% |