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The differences between owner and chief executive officers and 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 owner and chief executive officer and an owner. Additionally, an owner and chief executive officer has an average salary of $91,613, which is higher than the $90,334 average annual salary of an owner.
The top three skills for an owner and chief executive officer include web design, payroll and financial management. The most important skills for an owner are customer service, payroll, and financial statements.
| Owner And Chief Executive Officer | Owner | |
| Yearly salary | $91,613 | $90,334 |
| Hourly rate | $44.04 | $43.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 198,481 | 86,486 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A business owner can function as the chief executive officer (CEO) of his/her /her own company. Primarily, business owners derive their income or profit from business operations regardless of whether they are participating in its management. A CEO can be a paid executive whose primary job is to guide a company's day-to-day business activities. Owners are responsible for overseeing their company's ongoing evolution while a CEO's primary role is to control these activities. The CEO also develops strategies and tactics and communicates the company's direction to both employees and managers.
Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.
Owner and chief executive officers and owners have different pay scales, as shown below.
| Owner And Chief Executive Officer | Owner | |
| Average salary | $91,613 | $90,334 |
| Salary range | Between $65,000 And $127,000 | Between $60,000 And $135,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New Jersey |
| Best paying company | - | BP America Inc |
| Best paying industry | - | - |
There are a few differences between an owner and chief executive officer and an owner in terms of educational background:
| Owner And Chief Executive Officer | Owner | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owner and chief executive officers' and owners' demographics:
| Owner And Chief Executive Officer | Owner | |
| Average age | 52 | 52 |
| Gender ratio | Male, 68.8% Female, 31.2% | Male, 63.1% Female, 36.9% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |