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The differences between home managers and business 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 home manager and a business manager. Additionally, a business manager has an average salary of $83,198, which is higher than the $75,914 average annual salary of a home manager.
The top three skills for a home manager include home health, patients and patient care. The most important skills for a business manager are customer service, powerpoint, and project management.
| Home Manager | Business Manager | |
| Yearly salary | $75,914 | $83,198 |
| Hourly rate | $36.50 | $40.00 |
| Growth rate | 12% | 6% |
| Number of jobs | 49,494 | 377,191 |
| Job satisfaction | 4 | 5 |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 65% |
| Average age | 45 | 44 |
| Years of experience | 6 | 6 |
A home manager is responsible for a home's overall operation. Your duties typically include managing household schedules and calendars, planning and organizing events, and overseeing maintenance projects. In addition, you will be tasked to manage household bills and ensure good upkeep and maintenance of the house. Other duties include supervising other members of the household staff, ensuring the security and safety of the property at all times, and running errands, including shopping. You will also be responsible for managing the household inventory.
A business manager is responsible for directing the overall operations of the company, ensuring that all employees do their tasks efficiently and accurately. Business managers' duties include developing strategic solutions, evaluating employees' performance, identifying business opportunities to grow, monitoring the company's expenses to meet its budget goals, implementing techniques to boost the company's revenue and profitability, and adhering to the company's legal policies and procedures. A business manager must have excellent leadership and interpersonal skills to supervise daily operations.
Home managers and business managers have different pay scales, as shown below.
| Home Manager | Business Manager | |
| Average salary | $75,914 | $83,198 |
| Salary range | Between $50,000 And $114,000 | Between $47,000 And $145,000 |
| Highest paying City | Santa Cruz, CA | Seattle, WA |
| Highest paying state | Pennsylvania | Washington |
| Best paying company | JPMorgan Chase & Co. | The Citadel |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a home manager and a business manager in terms of educational background:
| Home Manager | Business Manager | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between home managers' and business managers' demographics:
| Home Manager | Business Manager | |
| Average age | 45 | 44 |
| Gender ratio | Male, 25.8% Female, 74.2% | Male, 43.2% Female, 56.8% |
| Race ratio | Black or African American, 12.2% Unknown, 5.4% Hispanic or Latino, 14.4% Asian, 5.4% White, 61.8% American Indian and Alaska Native, 0.9% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 14% | 10% |