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The differences between corporate managers and owner/managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a corporate manager and an owner/manager. Additionally, a corporate manager has an average salary of $108,486, which is higher than the $75,822 average annual salary of an owner/manager.
The top three skills for a corporate manager include project management, healthcare and oversight. The most important skills for an owner/manager are financial statements, inventory control, and customer service.
| Corporate Manager | Owner/Manager | |
| Yearly salary | $108,486 | $75,822 |
| Hourly rate | $52.16 | $36.45 |
| Growth rate | 6% | 6% |
| Number of jobs | 233,928 | 303,790 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 53% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A corporate manager is responsible for leading the corporate team in operational processes and ensuring that the company provides the highest satisfaction for the clients. Corporate managers identify business opportunities through data and statistical analysis and review of current market trends to generate more revenue resources and increase the company's profitability. They resolve process gaps, handle the operational budget, and represent the company in regional corporate meetings, requiring them to possess excellent communication and leadership skills.
Owners/managers are responsible for establishing a business and managing the operations once the business is running. They plan and make sure that the company has adequate financing. They also handle the initial marketing to get customers. Owners/mangers handle human resources activities, such as hiring and training employees. Once the business has launched, they start delegating activities to other employees and may also start assigning leaders to different departments. However, they still oversee the whole operation. Owners/managers are the top decision-makers and ensure that business strategies align with the goals.
Corporate managers and owner/managers have different pay scales, as shown below.
| Corporate Manager | Owner/Manager | |
| Average salary | $108,486 | $75,822 |
| Salary range | Between $78,000 And $149,000 | Between $44,000 And $129,000 |
| Highest paying City | San Francisco, CA | - |
| Highest paying state | California | - |
| Best paying company | Macerich | - |
| Best paying industry | Finance | - |
There are a few differences between a corporate manager and an owner/manager in terms of educational background:
| Corporate Manager | Owner/Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate managers' and owner/managers' demographics:
| Corporate Manager | Owner/Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 59.0% Female, 41.0% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | 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% |
| LGBT Percentage | 10% | 10% |