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The differences between franchise managers and performance 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 franchise manager and a performance manager. Additionally, a performance manager has an average salary of $103,521, which is higher than the $74,597 average annual salary of a franchise manager.
The top three skills for a franchise manager include customer service, business development and powerpoint. The most important skills for a performance manager are performance management, project management, and customer service.
| Franchise Manager | Performance Manager | |
| Yearly salary | $74,597 | $103,521 |
| Hourly rate | $35.86 | $49.77 |
| Growth rate | 6% | 6% |
| Number of jobs | 244,362 | 314,923 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
The franchise manager will be responsible for managing and planning the franchising business of the company. They will be accountable for developing franchising opportunities and for offering constant support to franchisees to ensure the total success of the business franchisor and franchisee. They make marketing strategy opportunities for franchisors to attract newer franchisees, research potential markets, and screen potential franchisees by analyzing investment requirements and financial statements. Moreover, they also develop budget plans for franchise development and closely monitor and ensure that budgets are met.
As the name entails, performance managers are responsible for maintaining and improving employee performance based on organizational objectives. Their job may vary depending on the industry they work in, but common duties include collecting and analyzing performance data, developing effective systems for information collection, and performing statistical performance analysis. Additional duties of a performance manager may include organizing and conducting training and development on best practices and resolving workplace barriers to performance.
Franchise managers and performance managers have different pay scales, as shown below.
| Franchise Manager | Performance Manager | |
| Average salary | $74,597 | $103,521 |
| Salary range | Between $43,000 And $128,000 | Between $78,000 And $137,000 |
| Highest paying City | Parsippany-Troy Hills, NJ | Washington, DC |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | AstraZeneca | Meta |
| Best paying industry | Professional | Professional |
There are a few differences between a franchise manager and a performance manager in terms of educational background:
| Franchise Manager | Performance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between franchise managers' and performance managers' demographics:
| Franchise Manager | Performance Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.8% Female, 28.2% | Male, 61.6% Female, 38.4% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.5% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |