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The differences between institution directors and co-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 institution director and a co-owner. Additionally, an institution director has an average salary of $111,614, which is higher than the $86,704 average annual salary of a co-owner.
The top three skills for an institution director include oversight, integrated marketing and professional development. The most important skills for a co-owner are customer service, financial statements, and business plan.
| Institution Director | Co-Owner | |
| Yearly salary | $111,614 | $86,704 |
| Hourly rate | $53.66 | $41.68 |
| Growth rate | 6% | 6% |
| Number of jobs | 9,132 | 52,915 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 54% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An institutional research coordinator is typically responsible for maintaining, monitoring, and assessing instructional databases to support and evaluate an institutional research, long term-planning, and decision making ideas of a researcher or a team. They help with other divisions' or departments' research-related activities, collect and interpret data, and provide technical support for teachers, researchers, and other coordinators. Also, they must monitor documents and research materials to ensure that they are used correctly.
A co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.
Institution directors and co-owners have different pay scales, as shown below.
| Institution Director | Co-Owner | |
| Average salary | $111,614 | $86,704 |
| Salary range | Between $72,000 And $172,000 | Between $63,000 And $118,000 |
| Highest paying City | Washington, DC | - |
| Highest paying state | New York | - |
| Best paying company | United States Holocaust Memorial Museum | - |
| Best paying industry | Health Care | - |
There are a few differences between an institution director and a co-owner in terms of educational background:
| Institution Director | Co-Owner | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 54% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between institution directors' and co-owners' demographics:
| Institution Director | Co-Owner | |
| Average age | 52 | 52 |
| Gender ratio | Male, 56.3% Female, 43.7% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.9% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |