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The differences between new business managers and plant 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 plant manager. Additionally, a plant manager has an average salary of $113,843, which is higher than the $93,395 average annual salary of a new business manager.
The top three skills for a new business manager include customer service, business plan and business development. The most important skills for a plant manager are continuous improvement, customer service, and safety program.
| New Business Manager | Plant Manager | |
| Yearly salary | $93,395 | $113,843 |
| Hourly rate | $44.90 | $54.73 |
| Growth rate | 6% | 6% |
| Number of jobs | 282,416 | 275,962 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| 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.
In general, plant managers are responsible for the entire operations in a manufacturing plant. Plant managers plan, direct, organize, and run the optimum operations of the plant daily. They create and execute organizational or departmental goals procedures, and policies. They aim to increase the manufacturing production and the capacity and flexibility of its assets while keeping its current quality standards and unnecessary costs. They are expected to have a better understanding of the manufacturing industry like equipment use and mechanical aptitude.
New business managers and plant managers have different pay scales, as shown below.
| New Business Manager | Plant Manager | |
| Average salary | $93,395 | $113,843 |
| Salary range | Between $55,000 And $158,000 | Between $85,000 And $152,000 |
| Highest paying City | New Rochelle, NY | Richmond, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | Apple | Koch Industries |
| Best paying industry | Energy | Finance |
There are a few differences between a new business manager and a plant manager in terms of educational background:
| New Business Manager | Plant Manager | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between new business managers' and plant managers' demographics:
| New Business Manager | Plant Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.1% Female, 39.9% | Male, 93.7% Female, 6.3% |
| 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |