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The differences between corporate officers and owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a corporate officer, becoming an owner takes usually requires More than 10 years. Additionally, a corporate officer has an average salary of $94,243, which is higher than the $90,334 average annual salary of an owner.
The top three skills for a corporate officer include business development, business plan and litigation. The most important skills for an owner are customer service, payroll, and financial statements.
| Corporate Officer | Owner | |
| Yearly salary | $94,243 | $90,334 |
| Hourly rate | $45.31 | $43.43 |
| Growth rate | 8% | 6% |
| Number of jobs | 65,769 | 86,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 52% |
| Average age | 42 | 52 |
| Years of experience | 4 | - |
A corporate officer is responsible for performing leadership and supervisory tasks in an organization. Their duties depend upon their position or industry of employment, but they are usually responsible for conducting research and analysis, overseeing operations, ensuring compliance with government rules and industry regulations, negotiating contracts, developing and implementing plans, and spearheading programs. They also participate in recruiting staff, solving issues and concerns, and establishing guidelines.
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.
Corporate officers and owners have different pay scales, as shown below.
| Corporate Officer | Owner | |
| Average salary | $94,243 | $90,334 |
| Salary range | Between $54,000 And $164,000 | Between $60,000 And $135,000 |
| Highest paying City | Boston, MA | New York, NY |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | Sanofi US | BP America Inc |
| Best paying industry | Health Care | - |
There are a few differences between a corporate officer and an owner in terms of educational background:
| Corporate Officer | Owner | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate officers' and owners' demographics:
| Corporate Officer | Owner | |
| Average age | 42 | 52 |
| Gender ratio | Male, 54.0% Female, 46.0% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 5.9% Unknown, 4.7% Hispanic or Latino, 9.1% Asian, 5.1% White, 74.9% American Indian and Alaska Native, 0.4% | 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 | 16% | 12% |