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The differences between corporate officers and principals can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a corporate officer and a principal. Additionally, a principal has an average salary of $111,719, which is higher than the $94,243 average annual salary of a corporate officer.
The top three skills for a corporate officer include business development, business plan and litigation. The most important skills for a principal are CRM, project management, and financial services.
| Corporate Officer | Principal | |
| Yearly salary | $94,243 | $111,719 |
| Hourly rate | $45.31 | $53.71 |
| Growth rate | 8% | 5% |
| Number of jobs | 65,769 | 84,015 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Average age | 42 | 47 |
| Years of experience | 4 | 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.
A principal is responsible for maintaining the orderliness of the school premises and supervising school operations, enforcing strict safety standards, and reiterating regulatory procedures. Principals' duties also include managing and monitoring school budget and expenses, improving security plans, conducting regular meetings and sharing updates with teachers and other school personnel, creating reports for school funding, and setting academic goals for everyone's compliance. A principal must administer excellent leadership, communication, and decision-making skills to handle major administrative tasks in maintaining the school's growth.
Corporate officers and principals have different pay scales, as shown below.
| Corporate Officer | Principal | |
| Average salary | $94,243 | $111,719 |
| Salary range | Between $54,000 And $164,000 | Between $69,000 And $179,000 |
| Highest paying City | Boston, MA | New York, NY |
| Highest paying state | Connecticut | New York |
| Best paying company | Sanofi US | KKR & Co. L.P. |
| Best paying industry | Health Care | Professional |
There are a few differences between a corporate officer and a principal in terms of educational background:
| Corporate Officer | Principal | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between corporate officers' and principals' demographics:
| Corporate Officer | Principal | |
| Average age | 42 | 47 |
| Gender ratio | Male, 54.0% Female, 46.0% | Male, 65.6% Female, 34.4% |
| 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, 10.9% Unknown, 4.0% Hispanic or Latino, 14.0% Asian, 4.3% White, 66.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 16% | 16% |