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The differences between executive board members and executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an executive board member and an executive. Additionally, an executive has an average salary of $108,285, which is higher than the $95,749 average annual salary of an executive board member.
The top three skills for an executive board member include financial reports, fraternity and alumni. The most important skills for an executive are customer service, digital transformation, and healthcare.
| Executive Board Member | Executive | |
| Yearly salary | $95,749 | $108,285 |
| Hourly rate | $46.03 | $52.06 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 83,869 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An executive board member is responsible for supporting the company's long-term goals and objectives by participating in corporate decisions and organizational processes to maximize business performance and generate more revenues and increase profitability. Executive board members provide consultation with management to identify business opportunities and handle areas of improvement to minimize loss and reputational risks and develop high-level marketing networks. They also assist with implementing policies and procedures to manage the efficiency of employees to ensure client satisfaction.
An Executive's responsibilities vary depending on an organization or company. However, most of the time, it involves a great deal of leadership and communication. An Executive must oversee and direct employees towards particular sets of goals and vision, create strategies and plans that will benefit the company's financial gains and workforce, and as well as evaluate and analyze the progress of various company departments. Moreover, an Executive holds the power of decision-making, such as in the aspects of budget, promotions, and policies.
Executive board members and executives have different pay scales, as shown below.
| Executive Board Member | Executive | |
| Average salary | $95,749 | $108,285 |
| Salary range | Between $29,000 And $312,000 | Between $63,000 And $184,000 |
| Highest paying City | - | Providence, RI |
| Highest paying state | - | Rhode Island |
| Best paying company | - | Capgemini |
| Best paying industry | - | - |
There are a few differences between an executive board member and an executive in terms of educational background:
| Executive Board Member | Executive | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and executives' demographics:
| Executive Board Member | Executive | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 56.0% Female, 44.0% |
| 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, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |