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The differences between new business managers and day 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 new business manager and a day manager. Additionally, a new business manager has an average salary of $93,395, which is higher than the $44,969 average annual salary of a day manager.
The top three skills for a new business manager include customer service, business plan and business development. The most important skills for a day manager are PET, CPR, and customer service.
| New Business Manager | Day Manager | |
| Yearly salary | $93,395 | $44,969 |
| Hourly rate | $44.90 | $21.62 |
| Growth rate | 6% | 6% |
| Number of jobs | 282,416 | 280,978 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 50% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A new business manager is responsible for reaching out to existing and potential clients and identify new business opportunities that would generate more revenue resources for the company and increase profitability. Business managers supervise client portfolios and ensure long business relationships by maintaining the highest client satisfaction and efficient deliverables. They also analyze the financial status and sales performance of the company and determine techniques to minimize loss and increase productivity. A new business manager studies recent market trends to develop services that meet public demands and interests.
A day manager oversees the daily operations of an organization, ensuring everything runs smoothly and efficiently according to company standards and regulations. As a day manager, it is their duty to set priorities and goals, establish timelines and guidelines, manage budgets, delegate responsibilities among teams, and supervise staff performances, solving issues or concerns when any arise. They are also responsible for coordinating with night workers or managers, developing reports as necessary. Moreover, they lead staff to reach goals and implement company regulations and policies.
New business managers and day managers have different pay scales, as shown below.
| New Business Manager | Day Manager | |
| Average salary | $93,395 | $44,969 |
| Salary range | Between $55,000 And $158,000 | Between $31,000 And $64,000 |
| Highest paying City | New Rochelle, NY | - |
| Highest paying state | New York | - |
| Best paying company | Apple | - |
| Best paying industry | Energy | - |
There are a few differences between a new business manager and a day manager in terms of educational background:
| New Business Manager | Day Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between new business managers' and day managers' demographics:
| New Business Manager | Day Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.1% Female, 39.9% | Male, 36.7% Female, 63.3% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |