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The differences between executive board members and owners 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 owner. Additionally, an executive board member has an average salary of $95,749, which is higher than the $90,334 average annual salary of an owner.
The top three skills for an executive board member include financial reports, fraternity and alumni. The most important skills for an owner are customer service, payroll, and financial statements.
| Executive Board Member | Owner | |
| Yearly salary | $95,749 | $90,334 |
| Hourly rate | $46.03 | $43.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 86,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 52% |
| 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.
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.
Executive board members and owners have different pay scales, as shown below.
| Executive Board Member | Owner | |
| Average salary | $95,749 | $90,334 |
| Salary range | Between $29,000 And $312,000 | Between $60,000 And $135,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New Jersey |
| Best paying company | - | BP America Inc |
| Best paying industry | - | - |
There are a few differences between an executive board member and an owner in terms of educational background:
| Executive Board Member | Owner | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and owners' demographics:
| Executive Board Member | Owner | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 63.1% Female, 36.9% |
| 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, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |