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The differences between laboratory directors and practice 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 laboratory director and a practice manager. Additionally, a practice manager has an average salary of $107,374, which is higher than the $92,971 average annual salary of a laboratory director.
The top three skills for a laboratory director include clinical laboratory, patients and patient care. The most important skills for a practice manager are patients, patient care, and customer service.
| Laboratory Director | Practice Manager | |
| Yearly salary | $92,971 | $107,374 |
| Hourly rate | $44.70 | $51.62 |
| Growth rate | 28% | 28% |
| Number of jobs | 59,500 | 38,196 |
| Job satisfaction | 5 | 4 |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A Laboratory Director is responsible for the overall operation and administration of the laboratory. They examine data, create reports, manage the staff, and ensure that the lab facility operates in accordance with the regulatory provisions of the government and the organization.
A practice manager is responsible for supervising daily operations, especially on the side of the medical industry. Practice managers monitor staffing needs, train new employees, and evaluate the employees' productivity and performance. They also enforce strict guidelines and procedures, ensuring that the processes adhere to the legal standards and regulatory requirements. Practice managers also maintain budget goals, creating cost estimates and expense reports. A practice manager must have strong communication, analytical, and critical-thinking skills, as well as comprehensive knowledge of the medical industry practices.
Laboratory directors and practice managers have different pay scales, as shown below.
| Laboratory Director | Practice Manager | |
| Average salary | $92,971 | $107,374 |
| Salary range | Between $55,000 And $156,000 | Between $65,000 And $175,000 |
| Highest paying City | San Francisco, CA | Providence, RI |
| Highest paying state | Delaware | Rhode Island |
| Best paying company | Reed Smith | Davis Wright Tremaine |
| Best paying industry | Media | Technology |
There are a few differences between a laboratory director and a practice manager in terms of educational background:
| Laboratory Director | Practice Manager | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 55% |
| Most common major | Biology | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between laboratory directors' and practice managers' demographics:
| Laboratory Director | Practice Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 55.9% Female, 44.1% | Male, 25.3% Female, 74.7% |
| Race ratio | Black or African American, 10.5% Unknown, 4.3% Hispanic or Latino, 14.7% Asian, 8.1% White, 61.8% American Indian and Alaska Native, 0.7% | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 7.9% White, 61.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 12% |